In the coming years, telecom operators in Taiwan will put their energies together in creating integrated platforms that harness the best of broadband services, mobile internet
Albany, NewYork (PRWEB) January 31, 2015
Telecommunications remains a pivotal part of Taiwan’s economy, with telecom services contributing a considerable US$11.7 billion, translating into 2.3% of Taiwan’s GDP in 2014. About 66.6% of the revenues of Taiwan’s telecom market came from the two major segments of mobile data and mobile voice. What do these figures mean in the context of the overall growth and development of Taiwan’s economy? How will the energetics of this market change in the coming years? Answers to questions such as these can be found in a latest report published by ResearchMoz.com. This country intelligence report is titled ‘Taiwan: Higher Mobile Interconnection Charges and Falling Voice Tariffs Will Offset Increasing Data Services Revenue’.
The report is packed with proprietary data pertaining to the fixed and mobile telecommunications market and the mobile market in Taiwan. The report observes that going forward, the demand for high-speed data services will be buoyant. But this factor alone will not be enough to thwart the gradual decline in revenues in Taiwan’s fixed and mobile telecommunications and mobile markets from 2014 through 2019. The report projects that in Taiwan, revenues from the telecommunication services market will sag to an estimated US$10.8 billion by 2019. This sluggishness will also result from mandatory mobile interconnection charges and voice tariff reduction that have been imposed by industry regulators in Taiwan.
The estimates contained in this market research report point toward a 1.7% CAGR decline in revenues in the telecommunications industry from 2014 to 2019. In the backdrop of all of these developments, intensifying competition in the mobile data space will force operators to formulate innovative and consumer-friendly data packages that are priced competitively. In a bid to strengthen their foothold in the Taiwan mobile and fixed telecommunications and mobile market, many market players will be compelled to undertake network upgrades to attract more subscribers.
Since 2010, the telecommunications market in China has remained largely stable. From the competitive standpoint too, there hasn’t been any disruption in the status quo, with the two leading operators (Taiwan Mobile and Chunghwa Telecom) continuing to account for over 60% of total revenues from services, as of 2014. The offerings of these two dominant players in Taiwan’s telecommunications market comprise: mobile services, fixed telecom, pay-TV and broadband services. But things are about to change in the Taiwan telecommunications market till 2019 as many operators will forge strategic partnerships with domestic and international players to fortify their market operations.
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In the coming years, telecom operators in Taiwan will put their energies together in creating integrated platforms that harness the best of broadband services, mobile internet, and multimedia-on-demand services (MoD services). These changes have been stipulated by the telecommunications regulatory body in Taiwan under the Digital Convergence Policy. Forming close and long-term partnerships with vendors will also be a top priority for service providers in the Taiwan telecommunication market.
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