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Analyst Opinions
Telecom Business Confidence Report H2 2016
Respondents feel that the overall business confidence index for H2 2016 (July 2016–December 2016) has remained constant compared to H1 2016 (January 2016–June 2016). Moreover, an increasing number of respondents state that the current economic conditions are stable and the future outlook remains positive in anticipation of trends such as mobile broadband connectivity, live video streaming, mobile payments, and employing an Internet of Things (IoT) for effective business monitoring and real time problem solving. Despite rising competition, growing pricing pressure,...
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Sector Analysis
Brazil: Demand for Mobile Data Services Remains Strong Amid Challenging Macroeconomic Conditions
In 2016, Brazil will be the largest telecom services market in Latin America. Disconnections in the pay-TV and circuit-switched markets will affect the growth of the telecom market in Brazil in 2016. Additionally, the challenging macroeconomic situation coupled with additional cuts in mobile termination rates (MTRs) and reductions in fixed circuit-switched tariffs terminating on mobile networks will further impact market growth and operator revenue. With recovery beginning in 2017 and the voice-to-data substitution trend in the mobile segment, growth in...
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Sector Analysis
United Kingdom: Telecom Services Market Will Continue to Grow Through 2021 Driven by Data Services and Content
In 2016, the UK will be the largest telecom services market in Western Europe. Pyramid Research expects minor Brexit implications on the telecom industry outlook over the next five years since the telecom market is less vulnerable to macroeconomic changes and cycles than are other industries. Going forward, growth in the UK’s telecom market will be driven by further customer migration to faster-speed fixed and mobile networks – which generates an uplift in ARPU– and by richer content offerings for...
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Sector Analysis
Central African Republic: Improved Political Stability Cause for Guarded Optimism
The telecommunications market in CAR generated $48.7m in service revenue in 2015 and will grow at a CAGR of 10.1% during 2016-2021. Mobile data and fixed Internet will be the fastest-growing segments over the forecast period. The volatile political and security situation will dampen growth in the short term. However, long-term plans by operators to expand mobile network coverage and the expected introduction of 3G services by additional operators will drive long-term growth in the telecom market.
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Sector Analysis
DRC: Continued Growth in Mobile Subscriptions Will Drive Overall Market Revenues
The telecommunications market in DRC will generate service revenue of US$1.9bn in service revenue in 2016, 13.0% more than in 2015. Pyramid Research expects to see overall service revenue grow at a CAGR of 7.4% over 2016-2021. Growth will largely be driven by continued growth in mobile subscription penetration. Over the next five years, opportunities exist in assisting operators expand their network coverage across the country. Vendors can also leverage opportunities to provide managed services to enable operators to reduce...
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Sector Analysis
Iraq: Mobile and Fixed Internet Services Will Drive Overall Growth
The telecommunications market in Iraq will generate service revenue of $4.1bn in 2016. Pyramid Research expects to see overall service revenue grow at a CAGR of 5.6% over 2016-2021. Growth will be driven by the expansion of 3G services. Over the next five years, operators can benefit from opportunities related to the expansion in 3G network coverage and rising demand for mobile data by offering value-added services and OTT content. As the government liberates more areas, network vendors should position...
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Thematic Analysis
Software Themes 2017 - Global Thematic Research
Over the two and half years since 1 January 2014, the S&P 500 has increased by 18%. During that period, application software stocks, on average, have risen by 36%, security software stocks by 17%, video games developer stocks by 59%, and IT services stocks by 26%. Meanwhile, infrastructure software stocks have fallen by 3%. In this report, we look at the key investment themes that will impact software companies worldwide over the next two years.
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Analyst Opinions
IoT Healthcare Opportunities for MNOs: Market Forecasts and MNO Approaches
Healthcare expenditures are under increasing pressure, particularly in developed markets, because of increasing demands from an aging population, the growing incidence of chronic diseases, continuing healthcare advances, and supply side pressures, notably governments needing to lower their overall expenditure. We are seeing healthcare moving away from acute centres of care (e.g., hospitals) to home care and other care environments, which not only lowers costs, but also improve patient quality of life and their ability to remain independent. Mobile network operators...
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Analyst Opinions
Smartphone Trends in Asia: The Rise of Domestic Brands in Southeast Asia’s Smartphone Markets
Domestic mobile handset manufacturers are rapidly gaining a strong foothold in Southeast Asian countries with their feature-rich devices at much more affordable prices compared global vendors such as Apple, Samsung and Microsoft. Domestic smartphone vendors have enjoyed significant success in the Philippines and Indonesia on the back of low-cost devices accompanied with offers on entertainment and social media content and applications. Filipino vendor Cherry Mobile offers 4G mobile at $299, which has the same specs but costs nearly 30% less...
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Sector Analysis
Costa Rica: Government Embarks on its Second National Development Plan for Telecommunications to Promote Sector Growth and Innovation
Costa Rica’s telecommunications service providers will generate a combined $1.5bn in service revenue in 2016. 40% will come from voice services, both fixed and mobile. As elsewhere in the region, revenue from voice services will decline during the 2016-2021 period. We expect a -6.9% CAGR in fixed circuit-switched telephony revenue and a -2.2% CAGR in mobile voice, though fixed VoIP, supported by broadband players, will see a robust 15.4% CAGR over the same period. By 2021, we expect voice services...