Asia/Pacific Communications SPs Fixed-Line Services Forecast, 2024–2028
This IDC study examines the fixed-line services market in Asia/Pacific. It presents spending data from fixed voice and fixed data segments and highlights insights into the trends and performances in the region within a five-year forecast."In 2023, communications SPs generated around US$129.8 billion in revenue. IDC estimates the revenue to reach US$132.5 billion in 2024 and will continue to increase through 2028 at a 2.4% compound annual growth rate (CAGR) to reach US$146 billion. As for the Asia/Pacific fixed-line market, the demand stems from the need to support digital end-users, increased workloads due to cloud-based and AI-infused applications," says Swathi Arunaa, senior research analyst, IDC Asia/Pacific.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Embrace AI/ML for CX
Managed Connectivity Services
Enhanced Observability and Visibility
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Data-Driven Enterprises
Growth of Datacenter, Hyperscaler Regions, and Availability
Demand for Reliable Connectivity
Inhibitors
Propensity to Opt for Mobile Services
Low-Cost Content Services
Significant Market Developments
Connectivity to the Clouds
Declining Legacy Voice Services
Post Mergers and Acquisitions Consolidation
Changes from Prior Forecast
Market Definition
Methodology
Related Research
Research Assistance
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