Growth in mobile data services is set to boom once third generation (3G) technology takes off in more Asian countries later this year, a published report said yesterday.
With low mobile penetration rates and high demand for mobile devices such as cellphones and personal digital assistants, the bulk of the action is in the Asia-Pacific region, said the Frost & Sullivan forecast in The Business Times.
"While the growth momentum of other regional markets has slowed over the years, Asia's mobile revenues jumped 15.8 percent to US$136 billion last year," Manoj Menon, the firm's Singapore-based partner, was quoted as saying.
Rising GDP and increasing mobile data spending indicate the region will see mobile revenues grow 10 percent a year between now and 2009, he said.
The bulk of the growth is expected to come from China, Japan and South Korea.
Singapore is set to see a 3G, which allows mobiles to offer high-speed Internet access, data, video and CD-quality music services, rollout by the end of this year, Menon said.
Currently 3G accounts for only 4 percent of the Asia-Pacific's subscriber base.
"Other developed markets like Hong Kong, Australia and Taiwan are still experiencing slow uptake," he added.