Steady infrastructure investment financing telecommunications growth in Asia has led to a substantial demand for engineering talent to fill telecommunications jobs.
In line with the Asian Development Bank (ADB), the investment needed in telecommunications from 2016 to 2030 will reach $2.3 trillion.
“It is this kind of investment in infrastructure that the region needs to keep its economic growth, “a current ADB report states.” Simply speaking, sound telecommunications infrastructure promotes economic development, enhances welfare and helps provide the cornerstone for more sustained, inclusive growth.”
Revenue for core services (voice and messaging) will decline, the report says, but growth in mobile data, IoT, fixed broadband and IPTV services will compensate with this, generating positive overall growth during 2016-2021.
Networking Engineers for increased data traffic, the Cloud
Based on a current Cisco study, mobile data traffic increase more than seven times across Asia-Pacific, Japan, and China.
Meanwhile, in Japan, like, nearly 200,000 telecoms engineering jobs are going begging. Contractors are actually regularly called in by tech companies to shore up networks, develop mobile services, support the proceed to the Cloud.
In Singapore, for based on a government report, companies have boosted salaries and rolled out new perks to attract telecoms engineering talent.