14 DAY TRIAL // According to a recently published report from ABI Research, the number of mobile business customers in the Asia-Pacific region is expected to grow at a CAGR (Compound Annual Growth Rate) of 4.2 percent. The research firm also says that the economic growth in India and China are the main factors to influence these facts, and that mobile business customers in the area will reach a number of around 300 million by 2014.
“Demand and supply drivers are coming together to grow the mobile business customer base. Mobile networks are expanding and are being upgraded to 3G and 4G. There is a growing services economy with a highly mobile, educated, and low-cost labor pool. Finally, the Asia-Pacific region is in the best position to accelerate out of the world financial crisis and grow economically,” ABI Research practice director Dan Shey stated.
The new report, dubbed “Asia-Pacific Business Mobility Vertical Market Analysis,” also takes a closer look at the applications and services that serve mobile business customers in their everyday work. The research firm also offers forecasts on mobile services, including voice, messaging, information access, application downloads, line of business applications, mobile broadband and mobile device management services, as well as on ARPUs, revenues and more.
ABI Research's report shows that: - The number of self-employed customers will grow slightly faster than public/private sector customers; however ARPU growth from the self-employed will lag due to lower adoption of data services. - While ARPUs will decline as lower-income workers adopt mobile services to serve business needs, certain segments will experience income growth. Average customer revenues will rise in the finance, insurance, and the scientific and technical services sectors due to greater adoption of mobile broadband services. - Revenue growth will be 13% higher in the medium and large businesses segment compared to the SOHO and small business segment.
According to Dan Shey, the economic growth expected to be seen in the Asia-Pacific region will be greatly influenced by the mobile telecommunications area, especially when it comes to the business segment. Moreover, Shey also says that mobile telecom services will be “a pivotal contributor to this region’s competitiveness in the world market.”