India’s Telecom Spending to Grow 2.1% in 2019: Gartner

- Advertisement -

The spending on communication service in the country will reach US$ 30 billion in 2019 compared to US$ 29 billion last year

The spending on communication services in India will grow by 2.1 per cent next year as compared to an expected drop of 1.5 per cent in 2018, according to a recent report by research firm – Gartner.

The IT spending estimates for India by Gartner indicate a considerable revival in the telecom sector of the country in 2019.

- Advertisement -

Growth in ARPU

The revival of telecom sector will be backed by growth in the mobile average revenue per user (ARPU) of telecommunication operators such as Reliance Jio, Bharti Airtel, BSNL and Vodafone Idea.

The spending on communication service in the country will reach US$ 30 billion in 2019 compared to US$ 29 billion last year. The communication service spending was US$ 30 billion in 2017, the report said.

In 2017, communication service spending in India grew at a rate of 7 per cent in spite of severe competition among the major mobile operators, led by the Reliance Jio’s entry in the market in September 2016.

Single-digit growth in devices

The devices market, including mobile phones, tablets, laptops and PCs, will grow at a rate of 7.4 percent to US$ 33 billion in 2019 as compared to 7 per cent increase estimated in 2018. Indian devices market recorded a growth of 27.4 per cent in 2017.

The single-digit growth of devices market next year will be led by a shift to smartphones from 2G phones.

Commenting on the findings, Ganesh Ramamoorthy, Managing Vice President, Gartner, said, “The increasing demand for quality mobile phones has led to the rising average selling price of mobile phones in India, positioning India as having the third-fastest device market growth — behind Indonesia and South Africa.”

The overall ICT spending in India will reach US$ 89 billion next year, recording an increase of 6.7 per cent as compared to this year’s estimates of US$ 83 billion, backed by digital business transformation initiatives from private as well as public organisations.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Deadstock Or Forgotten Treasure?

0
In a world where technology is advancing at a breakneck speed, are the deadstock electronics components in your warehouse on the verge of becoming...

Breathing Through “First-Time Silicon Success”

0
No one is born a leader, but the choices we make in life propel us to become a leader. For Chitra Hariharan, an innocent...

Worldwide Chip Sales Increased By 1.1% In April, Marking First 2024 Growth

0
A new forecast predicts robust annual growth, and the semiconductor market shows strong momentum, especially in the Americas and China. The Semiconductor Industry Association (SIA)...

Buzz

Goenka Green’s ElectroRide To Raise $10-15M In FY25, Expanding To 4Ws

0
Electroride has set ambitious goals for FY25 to expand its business significantly. The company targets a revenue range of USD 12-15 million in FY25...

MAHLE Launches X30 Drive System For Electric Bikes

0
The system maintains compatibility with all components, accessories, and the digital ecosystem of the existing X20 system. MAHLE SmartBike Systems has unveiled its X30 drive...

MeitY Plans Billion-Dollar Subsidy Scheme For Component Manufacturing

0
Reports indicate that the Government will offer subsidies for lands obtained to manufacture electronics components in categories where the investment-to-output ratio is not high. The...

Important Sectors

Goenka Green’s ElectroRide To Raise $10-15M In FY25, Expanding To 4Ws

0
Electroride has set ambitious goals for FY25 to expand its business significantly. The company targets a revenue range of USD 12-15 million in FY25...

MAHLE Launches X30 Drive System For Electric Bikes

0
The system maintains compatibility with all components, accessories, and the digital ecosystem of the existing X20 system. MAHLE SmartBike Systems has unveiled its X30 drive...

MeitY Plans Billion-Dollar Subsidy Scheme For Component Manufacturing

0
Reports indicate that the Government will offer subsidies for lands obtained to manufacture electronics components in categories where the investment-to-output ratio is not high. The...

Government Revamps PLI Scheme To Boost Telecom Manufacturing

0
The government revamps the PLI scheme for the telecom sector, boosting exports and incorporating more MSMEs, with increased allocation from Rs 1,000 crore to...

Honeywell, PwC India Empowers Businesses With Honeywell Forge

0
Honeywell and PwC India collaborate to enable companies with Honeywell Forge IoT software, leveraging analytics, machine learning, and AI to tackle industrial challenges and...

Manufacturing

Deadstock Or Forgotten Treasure?

0
In a world where technology is advancing at a breakneck speed, are the deadstock electronics components in your warehouse on the verge of becoming...

Honeywell Creates AI Software For Gigafactory Efficiency

0
Honeywell anticipates that its new battery manufacturing excellence platform will lower the costs of cell production, speed up the ramp-up cycles, and decrease material...

Raju B Ketkale Named CEO Of Lumax Industries

0
He takes over from Vishnu Johri, who is stepping down for personal reasons. Lumax Industries Limited, a Tier-1 automotive lighting system and component manufacturer within...

Schaeffler And Symbio JV Innoplate Starts Fuel Cell Plate Production

0
Starting with an initial production capacity of 4 million bipolar plates, the Innoplate joint venture is projected to achieve an annual output of 50...

Tesla Pushes Suppliers To Source Parts Beyond Taiwan And China

0
China and Taiwan are major global producers of essential electronics parts and components. Tesla has requested that its suppliers move the production of components and...