-
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...
-
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...
-
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,...
-
Analyst Opinions
ICT investment trends in Scandinavia; Enterprise ICT spending patterns through to the end of 2017
The Scandinavian countries of Sweden, Finland, Denmark, and Norway are one of the world’s most competitive economies, with the most sophisticated ICT infrastructure and advanced application technologies. As a result, ICT has been witnessing high levels of adoption across Scandinavian enterprises.
-
Consumer Insights
ICT investment trends in Japan; Enterprise ICT spending patterns through to the end of 2017
The Japanese economy started showing positive signs of development in 2016, recording a rise of 1.7% during Q1 2016, largely driven by the increasing consumption and trade activities. With this backdrop, Japanese enterprises are planning to increase their ICT budget in order to accommodate the latest and most innovative IT infrastructure in their organizations.
-
Analyst Opinions
Pharmaceutical Industry Business Confidence Report H2 2016
The existing economic environment is stable for the pharmaceutical industry, and customer confidence levels will remain constant in H2 2016 (July 2016–December 2016). Companies are slightly optimistic about economic conditions in North America and the Asia-Pacific due to positive momentum in the US, firm domestic demand, and strong government expenditure in India. The pharmaceutical industry is expected to record higher expenditure towards new product development and mergers and acquisitions in H2 2016 as compared to H1 2016. Moreover, executives with...
-
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...
-
Sector Analysis
Russia: Falling Voice Revenue and Macroeconomic Uncertainty to Slow the Growth of the Telecom Market
The telecommunications market in Russia will generate $19.3bn in service revenue in 2016. Telecom service revenue is expected to grow at a CAGR of 1.0% during 2016-2021, primarily driven by the growth in mobile data revenue. Mobile data will be the primary growth driver during the period, benefitting from LTE investments, along with higher smartphone penetration led by aggressive commercial efforts via operators’ own-brand retail chains. Pay-TV revenue will be another market driver. Operators are focusing on unleashing demand for...
-
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...
-
Sector Analysis
China: 4G Network Expansion and Fiber Deployment Are High on Operators’ Agenda While Facing Greater Competition
The telecommunications market in China generated $199.0bn in service revenue in 2015. Telecom service revenue is expected to grow at a CAGR of 3.7% during 2016-2021, primarily driven by the growth in data revenue. Mobile data and broadband will be the fastest-growing segments over the 2016-2021 period. Operators are focusing on expansion of LTE networks, 5G technology trials and fiber network deployments. In addition, ongoing investments in network expansion and modernization will enable operators to monetize the growing demand of...