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Sector Analysis
Nigeria: Intensifying Price Competition and Further Frequency Spectrum Acquisitions to Drive Telecom Market
MTN Nigeria is expected to maintain its market leading position in terms of total mobile subscriptions and revenue over the forecast period. However, the operator’s market share will progressively decline due to increasing competitive pressure from other operators following significant network expansion and upgrades and increased price competition. In 2020, Pyramid Research forecasts MTN Nigeria’s share in terms of total services revenue to reach 44.3% (from an estimated 50.1% in 2015) and a mobile subscriber share of 35.0% (from an...
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Analyst Opinions
MVNOs in the Middle East: Saudi Arabia Emerges as the Largest MVNO market in the Middle East in 2015
Currently, ethnic models are the most prevalent MVNO business models in the Middle East, being adopted by 36.4% of the total MVNOs present in the region. This is followed closely by MNO sub-brands, accounting for 27.3% of all MVNOs in the Middle East. Major MVNOs in the Middle Eastern market include FRiENDi, Virgin Mobile, Renna and Lebara. Regulators are increasingly assessing the potential benefit of MVNOs in the mobile market. This is largely to support further liberalization efforts to boost...
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Analyst Opinions
MVNOs in Europe: Data and M2M Segments Will Present the Highest Growth Opportunities to MVNOs in Europe
The most preferred business model in the Europe is discount based model which is being adopted by 21% of the total MVNOs present in the region, closely followed by niche segment occupying 20% market share, catering to segments including youth, elderly (50+ aged), students and NGO supporters. Business and ethnic models follow, accounting for 19% and 11% respectively, while the roaming model is adopted by 10% of MVNOs. Pyramid Research projects Germany will remain the largest MVNO country, in terms...
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Analyst Opinions
Multiplay in the Americas: Value-Added Services Increasingly Integral to the Multiplay Value Proposition
At year-end 2015, the Americas region registered 141.6m multiplay households and will reach 171.5m by year-end 2020, a five-year CAGR of 3.9%. Both the US and Canada display high multiplay household penetration rates with 61% and 80.8% at year-end 2015, respectively. As a result, multiplay services growth will be mainly driven by Latin American countries, chief among them Brazil, Colombia and Mexico. Most operators in Latin America focus their multiplay strategy on price discounts, which normally exceed 25%. Conversely, the...
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Thematic Analysis
Tech Hardware Themes 2017 - Global Thematic Research
Over the last two and half years, the S&P 500 has increased by 10%. During that period, consumer electronics company shares on average have fallen by 8% and networking and telecom equipment company shares have fallen by 10%. Meanwhile, industrial automation company shares have risen by 24%, component makers are up 16% and semiconductor company shares are higher by 26%. In this report, we look at the key investment themes that will impact technology hardware companies worldwide over the next...
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Sector Analysis
South Korea: Operator Investments in 4G/5G, IoT and Fixed Infrastructure to Drive Future Revenue Growth
The telecommunications market in South Korea generated $32.1bn (W37,843bn) in service revenue in 2015. The telecom service revenue is expected to grow at a CAGR of 0.7% during 2016-2021, primarily driven by the growth in data revenue. Mobile data will be the fastest-growing segment over the 2016-2021 period. Operators are focusing on the expansion of the LTE network, deployment of 5G technology and the fiber network. In addition, ongoing investments in network expansion and modernization will enable operators to monetize...
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Sector Analysis
Iran: Lifting of International Sanctions and Operator Investments in 4G and FTTx to Drive Growth
The telecommunication market in Iran generated $6.5bn in service revenue in 2015 and will grow at a CAGR of 0.4% during 2015-2020. Mobile data and fixed Internet will be the fastest-growing segments over the forecast period. To offset decline in voice services, operators are focusing on improving network infrastructure to increase broadband penetration in the country and exploring new revenue streams such as M2M/IoT. Following the lifting of international sanctions, operators and the government are increasing their investments in 3G,...
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Sector Analysis
Equatorial Guinea: Network Infrastructure Expansion by Operators to Facilitate Revenue Growth
The telecommunications market in Equatorial Guinea is estimated to generate US$84m (CFA51.7bn) in service revenue in 2016 and will continue to grow in high single digits through 2020. Mobile data will be the fastest-growing segment. Over the next five years, we expect operators will focus on improving and upgrading their existing networks to leverage the growing demand of mobile data. Infrastructure vendors are partnering with the operators to facilitate them in modernization of infrastructure.
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Sector Analysis
Mauritius: Expansion of Data Networks and Smart Mauritius Strategic Plan to Drive Telecom Market Growth
The telecommunications market in Mauritius will generate service revenue of $306.3m in 2016. Pyramid Research expects to see overall service revenue grow at a CAGR of 5.7 % over 2015-2020. Growth will be driven by the increasing consumption of mobile data, largely supported by the expansion of 4G and investments in fiber infrastructure. Additionally, operators will concentrate on seizing opportunities related to bundled offerings and mobile value-added services. Moreover, the Smart Mauritius strategic plan will create a myriad of opportunities...
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Thematic Analysis
Virtual Reality - Global Thematic Research
“Virtual reality” (VR) immerses the user in an entirely artificial world. It can be used to play a video game, simulate a battlefield or visualise an architect’s imagination. “Augmented reality” (AR) allows the user to see the real world overlaid with a layer of digital content, such as sensor-based data, sound, video, graphics or GPS information. By contrast, “mixed reality” (MR) enables the user to see virtual objects integrated into the real world. VR and MR are shaking up the...