RHK Projects Asia Growth
S. SAN FRANCISCO, Calif. -- A new report released by telecom market research firm RHK Inc., shows that the market for Asia-Pacific Optical Transport, including shipments for WDM, SDH/SONET, and DCS equipment, will reach $6.2 billion in 2001 - growing 57% from the $3.9 billion spent in 2000. Continued deregulation in markets such as China and India, strong demand for fixed and wireless data services, and increased Internet penetration will be key in driving this market to $14.8 billion by 2004 according to RHK.
"Despite concerns about the health of the North American telecom market, the fundamentals for growth in the Asia-Pacific region remain strong," states Matt Walker, RHK's Regional Director for Asia-Pacific. "We do find Asia-Pacific is not immune from the global turmoil, and pricing pressure on network gear has spilled over to the region. Yet our research continues to demonstrate that the Asia-Pacific market remains a significant opportunity for vendors and service providers alike. Continued deregulation in the region, restrictions on new carriers' entry into the market, and avoidance of the major debt burden experienced in North America and Europe are a few key elements supporting this growth."
www.rhk.com
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