Nicaragua Telecom Operators Country Intelligence Report
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Nicaragua Telecom Operators Country Intelligence Report Overview
The total telecom and Pay-TV service revenue in Nicaragua was $674 million in 2023 and will increase at a CAGR of more than 3% supported by growth in the mobile data, pay-TV, and fixed broadband segments. The Nicaragua Telecom Services market growth is also attributed to the telecom regulator’s efforts on 5G developments, Spectrum clearing to improve mobile broadband services, and the National Inspection Plan to assess and diagnose the mobile service quality in the country.
Nicaragua Telecom Services Market Outlook, 2023-2028 ($ Million)
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The ‘Nicaragua Telecom Operators Country Intelligence report provides an executive-level overview of the telecom services market in Nicaragua today, with detailed forecasts of key indicators up to 2028. Published annually, the report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile, and Pay-TV markets, as well as a review of key regulatory trends.
Market Size 2023 | $674 million |
CAGR | >3% |
Forecast Period | 2023-2028 |
Telecom Service Segment | Mobile Services, Fixed Voice Services, Fixed-Broadband Services, and Pay-TV services |
Leading Companies | Tigo Nicaragua, Claro Nicaragua |
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Nicaragua Telecom Services Market Regulatory Highlights
TELCOR, the telecom regulator, has announced plans to implement a National Inspection Plan to assess and diagnose the nation’s mobile service quality. The plan is being carried out to create rules and guidelines that support the best possible experience with telecommunications services.
Nicaragua Telecom Services ESG Highlights
Telecom operators in Nicaragua are actively working towards sustainability, aiming to balance environmental impact, social responsibility, and good governance practices.
Nicaragua Telecom Services Market Segmentation by Service
- Mobile Services
- Fixed Services
- Pay-TV Services
Nicaragua Telecom Services Market Analysis by Service, 2023-2028 (%)
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Mobile Services Market in Nicaragua– Deep Dive
Prepaid services accounted for a majority share of total mobile subscriptions in 2023 and will remain the dominant service category through 2028, driven by prepaid plans with additional perks offered by MNOs.
Average monthly mobile voice usage in Nicaragua will decline during 2023-2028 with subscribers shifting to OTT-based communication solutions.
The Nicaragua telecom services market research report offers mobile services segment coverage on the following KPIs:
- Mobile subscription penetration and subscription by device type
- Mobile subscriptions by payment type, mobile subscriptions by technology generation, 2022-2028
- Data usage and traffic
- Mobile ARPU by payment type and service revenue by type
Fixed Services Market in Nicaragua- Deep Dive
VoIP lines will grow at a CAGR of 11.1% during the 2023-2028 period, supported by the expanding coverage of fiber-optic networks that facilitate the provision of VoIP services.
The Nicaragua telecom services market research report offers fixed services segment coverage on the following KPIs:
- Fixed service penetration and subscription
- Voice telephony by technology, fixed broadband lines by technology
- Fixed ARPU and Service revenue by service type
Pay-TV Services Market in Nicaragua- Deep Dive
Pay-TV service revenue will incline at a CAGR of 3.2% during 2023-2028 supported by IPTV, DTH, and cable TV subscription gains.
The Nicaragua telecom services market research report offers Pay-TV services segment coverage on the following KPIs:
- Pay-TV penetration and subscription
- Pay-TV ARPU by type and service revenue
Nicaragua Telecom Services Market - Competitive Landscape
Tigo Nicaragua led the mobile services market in 2023, its leadership is supported by its strong foothold in both postpaid and prepaid segments.
Leading Telecom Companies in Nicaragua
- Tigo Nicaragua
- Claro Nicaragua
Nicaragua Telecom Services Market Analysis by Companies, 2023 (%)
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Scope
The country intelligence report provides an in-depth analysis of the following:
- The demographic and macroeconomic context in Nicaragua.
- The regulatory environment and trends: A review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments about spectrum licensing, national broadband plans, tariff regulation, and more.
- Telecom and Pay-TV services market outlook: Analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data, and Pay-TV markets.
- The competitive landscape: An examination of the positioning of leading players in the telecom and pay-TV services market as well as subscription market shares across segments.
- Company snapshots: Analysis of the financial position of leading service providers in the telecommunications and Pay-TV markets.
- Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.
Reasons to Buy
- This country intelligence report offers a thorough, forward-looking analysis of Nicaragua’s telecommunications markets, service providers, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Nicaragua’s mobile communications, fixed telephony, and broadband markets, including the evolution of service provider market shares.
- With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
- The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Nicaragua’s telecommunications markets.
- The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors, and other telecom industry players succeed in the challenging telecommunications market in Nicaragua.
Tigo Nicaragua
Yota Nicaragua
Sky Nicaragua
Table of Contents
Frequently asked questions
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What was the Nicaragua telecom services market size in 2023?
The telecom services market size in Nicaragua reached $674 million in 2023.
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What will the Nicaragua telecom services market growth rate be during the forecast period?
The telecom services market in Nicaragua is expected to incline at a CAGR of more than 3% during the forecast period, 2023-2028.
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What are the key telecom services market drivers in Nicaragua?
The Nicaragua Telecom Services market growth is attributed to the telecom regulator’s efforts on Spectrum Allocation to enhance the capacity for 5G networks.
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Which will be the leading telecom service market segment in Nicaragua during 2023-2028?
Mobile services will be the leading telecom service market segment in Nicaragua during 2023-2028
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Which are the leading telecom companies in Nicaragua?
The leading companies in the telecommunications services market in Nicaragua are Tigo Nicaragua and Claro Nicaragua.
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