24 Jun 2021
Posted in Technology
Malaysia’s fixed broadband service revenues to register 10.1% CAGR over next five years, forecasts GlobalData
The total fixed broadband service revenue in Malaysia is expected to increase at a compound annual growth rate (CAGR) of 10.1% from US$1.6bn in 2020 to US$2.5bn in 2025, mainly supported by the growth in fiber-to-the-home (FTTH) subscriptions, according to GlobalData, a leading data and analytics company.
GlobalData’s Malaysia Fixed Communication Forecast reveals that fixed voice service revenue will decline at a CAGR of 8.4% over 2020-2025 due to the steady drop in circuit-switched subscriptions and decline in fixed voice average revenue per user (ARPU) levels.
Malaysia’s Internet household penetration will increase from an estimated 31.7% in 2020 to 39.2% by the end 2025 owing to rising investments in fixed broadband network infrastructure developments and growing availability of affordable broadband access across the country.
Kantipudi Pradeepthi, Senior Analyst of Telecoms Market Data & Intelligence at GlobalData, comments: “Fiber will remain the leading broadband technology in terms of subscriptions through the forecast period driven by rising demand for high-speed broadband connectivity. The implementation of Infinera’s GX Series Compact Modular Platform by Allo Technology Sdn Bhd (Allo) helps Malaysia’s National Digital Network (JENDELA) initiative to improve broadband connectivity and expand fiber-optic networks in the country.”
Telekom Malaysia will lead the fixed services market in terms of both fixed voice and broadband subscriptions in 2020, followed by TIME and Maxis. Telekom Malaysia will maintain its leading position through 2025, driven by promotional discount offers on its various broadband plans.