TETRA Association Press Release
TETRA market doubles in Asia Pacific
(Chineses version PDF) TETRA World Congress, Hong Kong, Monday 26th May 2008 – The 10th TETRA World Congress opened today in Hong Kong with the news that the Asia-Pacific TETRA market has doubled in the last 12 months. With an increase of 98 per cent* in awarded contracts, the region is the fastest-growing critical communications market in the world.
TETRA technology is now present in 103 countries, with a buoyant global industry demonstrated by a near 40 per cent increase in total contracts awarded over the last 12 months. While the majority of countries using TETRA are now outside Europe, it is Eastern Europe that delivered the second fastest growing region after Asia Pacific, with the market showing contracts up 48 per cent.
The 100th country to adopt the technology was Namibia earlier this year, where Artevea Digital is delivering a network for the government.
While public safety remains the largest global user base, in Asia Pacific the Transportation sector is extremely strong with almost 40 per cent of the market. Globally, non-public safety sectors are showing huge potential, with the Oil & Gas market up 110 per cent, and general commerce and industry up 94 per cent.
Phil Godfrey, Chairman of the TETRA Association, said: “The TETRA industry is meeting this week in the region that is driving the growth of the market. The figures speak for themselves, proving beyond doubt the resilience and increasing popularity of the TETRA standard. We are delighted that Hong Kong is hosting the 10th World Congress, providing the opportunity to showcase the vibrant and innovative Asia Pacific market.*
*All figures compiled from information provided by the majority of TETRA Association members. Figures for June 2007 – May 2008, compared to figures from previous 12 months.