Bharatbook.com announces a new report on "South Korea: LTE-A and 10Gbps Broadband to Drive Operator Investments” provides an executive-level overview of the telecommunications market in South Korea today, with detailed forecasts of key indicators through 2018.
Navi Mumbai, Maharashtra, India., June 7, 2014 - (PressReleasePoint) -Summary
‘South Korea: LTE-A and 10Gbps Broadband to Drive Operator Investments,’ a new Country Intelligence Report by Pyramid Research, offers a precise, incisive profile of Korea’s mobile and fixed telecommunications and pay-TV markets based on comprehensive proprietary data and insights from our research in the Korean market. Published annually, this presentation-quality, executive-level report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony and broadband, mobile and pay-TV sectors, in addition to a review of key regulatory trends.
• The South Korean telecom service market produced revenue of $37.7bn in 2013, up 8.5% from the previous year on the back of strong mobile data growth. Mobile data will drive future growth as well, nearly doubling in annual revenue from 2013 to 2018.
• South Korean operators are planning to implement a second round of LTE-A upgrades in the second half of 2014 to achieve 300Mbps download speeds, and a government-led pilot of 10Gbps mobile broadband aims to make such speeds nationally available by 2020.
• At 61% of total revenue, mobile communications are the main segment of Korean telecommunications, and that share is expected to grow to 67% by 2018. Fixed and mobile data will grow to 52% of total revenue in 2018, up from 42% in 2013.