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The Chinese telecom market enters new stage of stable growth
Latest Parks Associates report offers a holistic overview of the Chinese telecom markets, identifying future opportunities for international manufacturers, carriers, and investors
The industry is transitioning into a more stable period following the remarkable growth of the last five years, when the numbers of fixed-line, mobile, and Internet users had CAGRs of 25%, 72%, and 230%, respectively. Such a shift puts more pressure on international companies to understand the state of each market segment in order to succeed. In addition, companies should be cautious when entering this market, according to China Telecom Market: Overview and Analysis, given the complexity of the market and the danger of inappropriate strategies
For Immediate Release
Contact: Elizabeth Parks
Parks Associates
972-490-1113
Email: sales@parksassociates.com
The Chinese telecom market enters new stage of stable growth
Latest Parks Associates report offers a holistic overview of the Chinese telecom markets, identifying future opportunities for international manufacturers, carriers, and investors.
DALLAS, February 25 2002 - With an expected compound average growth rate (CAGR) of 20% over the next three to five years, the Chinese telecom market still promises significant growth potential and investment opportunities, according to Parks Associates China Telecom Market: Overview and Analysis.
The industry is transitioning into a more stable period following the remarkable growth of the last five years, when the numbers of fixed-line, mobile, and Internet users had CAGRs of 25%, 72%, and 230%, respectively. Such a shift puts more pressure on international companies to understand the state of each market segment in order to succeed. In addition, companies should be cautious when entering this market, according to China Telecom Market: Overview and Analysis, given the complexity of the market and the danger of inappropriate strategies.
Equipment vendors will continue to benefit from the growth, and as China gradually fulfills its WTO commitments, windows of opportunities will be open for international telecom carriers," said Yuanzhe (Michael) Cai, research analyst for Parks Associates. However, international players have to analyze different sectors and identify the best investment opportunities. For example, we see trends such as carriers shifting investments from core network construction to user-based CAPEX, and from voice services to data and value-added services. Moreover, international companies have to understand the complexity and caveats of doing business in China if they are to succeed."
China Telecom Market: Overview and Analysis identifies opportunities for international service providers and equipment vendors by analyzing the current competitive landscape, the regulatory changes in the service market, and future strategies of the dominant carriers. The reports unique Chinese perspective clarifies the Chinese governments thought process and agenda on economic reforms and helps readers understand key success factors of doing business in China.
For additional information about Parks Associates China Telecom Market: Overview and Analysis study, please contact Parks Associates at 972-490-1113 or at sales@parksassociates.com.
About Parks Associates: Parks Associates is a market research and consulting firm that provides information and analysis to its clients on emerging residential, small office, and light commercial technologies. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, multiclient studies, consumer research, workshops, and custom-tailored client solutions.
Its market expertise encompasses the full range of connected-home solutions, including home networks, digital entertainment, broadband and Internet services, and home systems. Parks Associates also hosts two industry events, Forum and CONNECTIONS (in partnership with the Consumer Electronics Association), each year. www.parksassociates.com.
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