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Research and Markets: The Vietnamese Telecom Market to Continue to Expand at a 3.7% CAGR to Reach $10.1bn in 2017

Research and Markets (http://www.researchandmarkets.com/research/tfl8f7/vietnam_vnpt) has announced the addition of the "Vietnam: VNPT Likely to Divest Mobile Operator as Regulator Pushes Competition; Mobile Data Thriving" report to their offering.

The Vietnamese market rebounded strongly in 2012 after almost coming to a halt in 2011. Mobile voice revenue drove the resurgence, but mobile data is rapidly rising to become the main growth engine, growing at a CAGR of nearly 10%. Broadband Internet and pay-TV will act as the main revenue generators for fixed-line services, expanding at 8% and 13%, respectively.

The Vietnamese market rebounded strongly in 2012 after almost coming to a halt in 2011. Mobile voice revenue drove the resurgence in 2012, boosting overall service revenue by 25% from its pre-crisis 2010 level, as most people opt to use mobile phones as their primary communication means, rather than fixed-line voice. The author projects the Vietnamese telecom market will continue to expand at a 3.7% CAGR to reach $10.1bn in 2017, up 20% from its 2012 level. Thanks to Vietnam's relatively young demographics 70% of the population is younger than 35 years old the proliferation of data service-enabled feature phones and smartphones, data services, both mobile data and fixed broadband, together with pay-TV will act as growth engines going forward to 2017. The author expects mobile data, fixed data and pay-TV to expand revenue at CAGRs of 9.5%, 7.9% and 13.5% respectively, together contributing 44% of overall service revenue in 2017, up from 33% in 2012.

For more information visit http://www.researchandmarkets.com/research/tfl8f7/vietnam_vnpt

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Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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