The residential air conditioning market in Southeast Asia and Australia is witnessing robust growth rates, thanks primarily to the rise in gross domestic product (GDP) per capita and steady economic escalation.
CCID Consulting's data show that the growth rate of China's IT services market slowed down compared to that of 2005, even though it has increased 17.8% over 2005 and has reached a size of 59.5 billion Yuan in 2006.
The Asia-Pacific VSAT (very small aperture terminal) market is firmly in its growth stage, and has come to represent the new battleground for global VSAT players who are faced with declining growth in other regional markets.
China's display market maintained a high-speed growth in 2006, with a sales volume of 23.083 million displays, an increase of 22.2% over 2005, and sales revenue of 29.39 billion Yuan, up by 17.4% year-on-year.
Korea has made impressive progress in reforming its regulatory policies and institutions over the last few years but needs to keep up the pace of reform to ensure Korea’s long-term economic growth, according to a new OECD report.
The 3PL market in India's IT hardware sector is witnessing appreciable growth, primarily due to the increasing entry of multinational IT hardware companies, which replicate their global logistics outsourcing strategies to establish a network in the country.
China’s energy needs are growing with incredible speed, and the Chinese government knows it. By 2030 natural gas will surpass oil to become the world's number one energy resource, especially in the power generation industry.
The subscriber identity module (SIM) card market in the Asia Pacific continues to benefit from evolving smart card telecommunication applications. Over the years, these applications have grown from simple memory payphone cards to more advanced microprocessor (MCU)-based SIM cards and have thus, contributed to the continued growth of the SIM market.