Rise in Indonesia’s mobile phone market

Indonesia’s mobile phone market is poised for growth. With the advent of smartphones and 4G Technology, how will service operators continue to lure customers? Aditya Teja, Senior Manager, Client Service (Telecommunication) of Spire Research and Consulting, shared his insights on MNC Business Channel – Economic Buzz.

Indonesia’s mobile phone market holds immense potential with approximately 310 million subscribers recorded in 2013. There are a total of 10 service operators in Indonesia at present; with Telkomsel leading the way, followed by Indosat and XL Axiata.

At present, the market is segmented by varying consumer concerns on benefits and bonuses, rather than price wars. With the advent of 4G Technology, service operators foresee faster and improved quality connections to come; with voice, SMS and data remaining as the main sources of revenue.

On the other hand, the telecommunication industry also lends support to other industries such as banking, multimedia and health sectors. For instance, more banks are providing e-banking services so that customers can gain access to banking platforms anytime, anywhere. Many multimedia industry players are also offering on-the-go multimedia services, such as live TV broadcast streaming as well as video on demand.

Aditya concluded that with the rise of subscribers, it is evident that Indonesia’s mobile phone market is set for further growth. Besides, the rise in cloud-based applications which offer customers remote access is also catching on. Moving forward, service operators will continue to provide bundling packages with devices to draw more customers who are constantly looking for quality and innovative services.

https://www.spireresearch.com/newsroom/media/rise-in-indonesias-mobile-phone-market/

Comments

India ranks among the world’s top compact SUV markets!

India overtook Japan in 2017 as the third largest manufacturer of compact SUVs. Big players such as Renault, Mahindra & Mahindra, Ford Motor, Hyundai Motor, Maruti Suzuki and other SUV manufacturers sold 457,698 compact SUVs in 2017 – over four times the unit sales in 2015, at 107,634. While 2016 saw shrinking sales for this vehicle category in China and the USA, sales in India grew nearly 50% from 307,365 units in 2016. Will India overtake China as the world’s largest compact SUV market? For more information, click here.

A room-sized 3D printer?

Torbjørn Ludvigsen is a Swedish inventor whose company – Replicating Rapid Prototyper (RepRap) – is busy raising funds to develop the Hangprinter. This suspended 3D printer uses the walls and ceiling of a room as its “frame” and can be used to print furniture-sized objects in an entire room. While cable-driven 3D printers already exist, this 3D printer is different. It uses a frameless 3-D printing system which is cheaper to assemble – a mere USD250. It uses an entire house as a 3D printer frame and all parts of the suspended 3D printer are mounted on a single moving unit. The self-replicating machine is designed to manufacture a large fraction of its own parts. Will RepRap revolutionize the construction of low-cost buildings for developing nations? https://www.spireresearch.com/newsroom/spirethoughts/a-room-size-3d-printer/

Spire and YBC host breakfast seminar on the impact of demonetization in India

On 20 January, Spire and Yamada Business Consulting (YBC) jointly held a breakfast seminar in Singapore to explore the impact on India’s economy of the recent Rupee demonetization of high-value currency notes. Leon Perera, Chief Executive Officer of Spire Research and Consulting, Japnit Singh, Deputy Chief Executive Officer at Spire and Yasuyuki (Luke) Kita, General Manager of YBC (Singapore), addressed the session. Spire Singapore and YBC discussed the demonetization’s impact on different industry sectors, on e-commerce and on the outlook for doing business in India in 2017. The speakers talked about how demonetisation will spur growth in cashless transactions. Although the retail and car resale sector will suffer short-term damage, there is a visible shift towards modern trade and online transactions. Moreover, ease of doing business and transparency will rise, making India more investment-friendly. https://www.spireresearch.com/newsroom/events/spire-and-ybc-host-br...

New transport systems in Asian cities to curb traffic congestion

Traffic congestion in densely population Asian cities is nothing new. To address this growing menace, emerging Asian economies continue to invest heavily in new transport infrastructure in cities like Jakarta, Manila and Ho Chi Minh City. For instance, Manila suffered annual economic losses of USD18 million due to road congestion. According to a recent study, Southeast Asian emerging states under the Association of Southeast Asian Nations – excluding Laos, Brunei and Singapore – need an investment of USD147 billion each year in infrastructure through 2020 to maintain growth momentum. Will new infrastructure and traffic management technology address traffic congestion in emerging Asian economies? https://www.spireresearch.com/newsroom/spirethoughts/new-transport-systems-in-asian-cities-to-curb-traffic-congestion/

E-tailing set to grow in India

India’s e-commerce industry has recorded massive growth during the last five years. The factors contributing to this growth include increasing number of internet users, growing acceptability of online payments, availability of a cash on delivery option and favourable demographics. Will India’s e-commerce industry continue its growth trajectory? Spire Research and Consulting conducted a research study on India’s e-tailing industry among 300 Indian retailors in the apparel, consumer electronics and food sectors. The findings of the study were further published on Asahi Shimbun’s Japanese website. According to research findings, 91% of Indian companies in the apparel, consumer electronics and food sectors offer online shopping solutions to customers. The overwhelming take-up can be attributed to the introduction of online payment systems and developments in logistics infrastructure. Over 54% of the online businesses reported a growth of more than 20% in sales revenue post increasi...

The Knowledge to Decide

Search This Blog