Nksagar-Sagar Media Inc:Bangalore New Delhi June 12, 2011:India Telecom services, mobile handsets market to touch Rs 288,832 crore or USD 63 billion by 2012:To record a 5-year CAGR of 15.8% and revenues of Rs 377,685 crore by 2014:Bangalore New Delhi June 12, 2011
India’s premier diversified / technology, telecom (and entrepreneurship) research firm CyberMedia Research expects the India telecom services and mobile handsets market to grow at 16.7% in 2012 (over 2011) to touch revenues of Rs 288,832 crore or USD 63 billion.
Of this, the telecom services (including mobile and fixed line services) will contribute Rs 2,05,454 Crore (USD 45 billion) in 2012. The India mobile handsets market, that includes featurephones and smartphones, will grow at a CAGR of over 30 percent during 2012 to touch revenues of Rs 83,377 crore (USD 18 billion).
This has been revealed by CMR’s 2-part study of the India ICT Industry titled “India IT, ITeS and Telecom Services and Mobile Handsets Industry MarketViewpoint 2011”.
In the five year period between 2010 and 2014, the India Telecoms industry will grow at a CAGR of 15.8% to touch revenues of Rs 3,77,683 crore or USD 82 billion.
CyberMedia Research MarketView 2011
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