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| 'India's consumer comm mkt to reach Rs 24k cr by 2013' |
| Press Trust of India / Bangalore Jul 27, 2009, 19:46 IST |
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The total revenue of India's consumer communication market is likely to touch Rs 24,000 crore by 2013 driven by good growth in the broadband and internet access sectors, global information technology research and advisory company Gartner says.
Indian consumer communications market revenue is projected to grow at a compound annual growth rate (CAGR) of 2.6 per cent from Rs 21,100 crore in 2008 to Rs 24,000 crore in 2013, Gartner said.
"The Indian fixed-line market will see growth from broadband and internet access sectors, which will together grow at the rate of 22 per cent to reach Rs 5,500 crore by 2013," Gartner Senior Research Analyst Neha Gupta said.
As per the research firm the consumer fixed line subscriber base would remain at 37 million connections by 2013, while the broadband subscriber base is expected to increase by a CAGR of 26 per cent to reach 16 million subscribers during the same period.
Gupta said, "The voice market will contract through 2013 as the number of consumer fixed lines will continue to fall slightly, mostly because pressure from mobile substitution will persist."
Revenue from broadband services would majorly contribute to the overall growth of fixed line services in India, with a CAGR of 25 per cent from 2008 to 2013.
However, there would be a major drop in broadband average revenue per user, Gartner said.
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