The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: As the world's largest region by population, Asia's telecoms market presents ample growth
prospects for operators. Subsidised data and affordable smartphone prices have encouraged users in
developing markets to migrate from 2G to 3G/4G networks, creating upselling opportunities. Enthusiastic
take up of advanced telecoms and value-added services in more developed markets will decelerate the speed
of ARPU decline. That said, the global slowdown is a notable downside risk to profit growth in the nearterm.
Key Forecasts And Developments
? We forecast mobile subscriptions to grow 3.2% to 3.87bn in 2016. At 93.1% in 2015, mobile penetration
is high, yet far from saturated in less developed telecoms markets. We believe the preference for multi-
SIM ownership in large, but relatively less saturated prepaid markets such as Bangladesh, India and
Pakistan still present ample potential for organic growth.