Hotline: 1800 102 2007
X
Search Business Opportunities
2011-06-14

Boom in telecom services continues

Revenue of telecom industry is likely to reach Rs.3,77,683 crore or $82 billion by 2014, registering an annual growth of 15.8 percent during 2010-14 period.

Telecom services, including mobile and fixed line services, will contribute Rs. 2,05,454 crore ($45 billion), while mobile handsets market, that includes featurephones and smartphones, will have revenue of Rs.83,377 crore ($18 billion), according to a study conducted by IT and Telecom market research firm CyberMedia Research. as the boom will continue.

Revenue of telecom industry is likely to reach Rs.3,77,683 crore or $82 billion by 2014, registering an annual growth of 15.8 percent during 2010-14 period.

"Telecom growth story will be a function of the enhanced demand for high speed broadband and data services from both enterprises and consumers," said the Associate Vice President of CyberMedia Research, Anirban Banerjee.

The smartphones market in India is expected to grow to over 10 million units in 2011 from 6 million units in 2010. The Android Operating System will continue to gain acceptance as a mobile operating system and 12 percent of all smartphones shipped in India during 2011 are expected to be based on the Android platform, the study revealed.

Smartphones are mobile devices with evolved operating systems. In addition to voice capability these devices have the ability to download and run applications, and store user data beyond their required personal information management capabilities.

Related opportunities
  • Premium Coffee & Tea Since 1963 carefully nurtured from seed..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2014
    Investment size Rs. 50lac - 1 Cr.
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Car wash / Ceramic Coating / Detailing
    COZI CARS - Mobile Car Wash/Spa & Detailing Franchise Opportunity You Must GRAB!!..
    Locations looking for expansion New Delhi
    Establishment year 2010
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • Fine Dine Restaurants
    About Us: A high end fine dine stand alone restaurant is..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Imitation/Art/Junk Jewellery
    About Us: Since1998, Mukesh Lakhara has had one aim – to..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts