Search results for: 'data fiber industry'

Indonesia is undergoing a paradigm shift toward a digital economy, actively integrating financial services and emerging technologies to drive growth. Increasing digitalization, a high internet penetration rate, and a conducive policy and regulatory environment that supports financial inclusion make financial technology (fintech) services a popular ...

Indonesia mobile penetration grew from 83% in 2009 to 134% in 2014. By the year 2019, mobile penetration is expected to reach 138%, with 370.3 million mobile subscribers. The tracker provides details of the Indonesia mobile service providers and offers detailed historical & forecast data for the period 2009-2019.

Malaysia's mobile penetration grew from 110% in 2009 to 141% in 2014. By 2019, the mobile penetration rate in Malaysia is expected to reach 144%, with 46.5 million mobile subscribers. The tracker provides details of Malaysian mobile service providers and offers detailed historical & forecast data for the 2009-2019 period.

Sri Lanka's mobile penetration grew from 69% in 2009 to 107% in 2014. By 2019, its mobile penetration rate is expected to reach 126%, with 27.2 million mobile subscribers. The tracker provides details of Sri Lankan mobile service providers and offers detailed historical and forecast data for the 2009-2019 period.

Nepal mobile market has experienced a strong growth over the past few years and the two leading service providers together control almost 95% of the total subscriber base. Over the past couple of years, the country's mobile penetration rapidly increased from under 71% in 2013 to 110% in 2016, surpassing the total population of 29 million. By 2021, ...

Singapores mobile industry experienced good growth in recent years. The number of mobile subscribers grew by 22.8% from 6.8 million in 2009 to 8.4 million in 2013. However, in 2014, the number of subscribers declined by almost 4% to 8.1 million because of the regulatory controls announced by Infocomm Development Authority of Singapore. Mobile subs...

30 Apr 2021  |  Asia Pacific  |  Market Research

Digitalization and Data Analytics are Driving Asia-Pacific Cross-border and Remittance Service Market Growth

The Need for Faster Payment Services and Lower Transaction Fees Creates New Growth Opportunities

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2020 was marked by pervasive disruption, caused by the COVID-19 pandemic, which created growth opportunities for cross-border and remittance service providers. The market witnessed a rise in digital adoption rates (15% YoY growth rate in 2020). Rapidly advancing technologies, evolving customer expectations, and a changing regulatory landscape are d...

Although the telecoms landscape in APAC has changed a lot since the onset of the COVID-19 pandemic, data as a key driver of traffic and 5G monetization as the industry’s biggest bottleneck remain important trends impacting the industry. As 5G enterprise develops, enhanced mobile broadband (eMBB) is expected to continue to impact the mobile operator...

The growing number of people of working-age, greater financial inclusion, increasing literacy levels, and growing internet penetration present a significant opportunity for the payments industry in Indonesia. The industry has recorded positive growth in terms of transaction value from US$ 333 billion in 2013 to an estimated US$ 563 billion in 2019....