Data Services and Pay-TV Drive Growth in Vietnam's Rapidly Developing Market, Pyramid Finds
CAMBRIDGE, Mass., Dec. 22, 2011 /PRNewswire/ -- Vietnam, one of the smallest markets in the Asia-Pacific region, is expected to be the fourth fastest-growing market in Asia-Pacific through 2016. Data services will drive growth, with mobile data expected to advance at a 9.7% CAGR and fixed broadband revenue expected to grow at a 14.5% CAGR from 2011 to 2016, primarily due to increasing Internet usage, growing 3G adoption and continued investment in faster fixed-line technologies and extended coverage. The pay-TV segment will also witness intense growth, with service revenue advancing at a robust 16.4% CAGR through 2016, according to a new Country Intelligence Report: Vietnam: Data Services and Pay-TV Pose Most Growth Potential in a Majority Mobile Market.
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Pyramid Research (www.pyr.com) offers practical solutions to the complex demands our clients face in the global communications industry. Our analysis is uniquely positioned at the intersection of emerging/growth markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for more than 100 countries – a distinction that has remained unmatched for more than 25 years. As the consulting and telecom research arm of the Light Reading Communications Network (www.lrcn.com), Pyramid Research contributes to the only integrated business information platform serving the $4 trillion global communications industry.
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SOURCE Pyramid Research
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