Panama Telecom Operators Country Intelligence Report
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Panama Telecom Operators Country Intelligence Report Overview
The total telecom and pay-TV service revenue in Panama was $1.4 billion and will grow at a CAGR of more than 1% supported by growth in the mobile data, pay-TV, and fixed broadband segments. The Panama telecom services market growth is also attributed to the telecom regulator’s efforts on spectrum allocation to enhance capacity for 5G networks.
Panama Telecom Services Market Outlook, 2023-2028 ($ Billion)
Buy the Full Report to Gain More Information on the Panama Telecom Services Market Forecast
The ‘Panama Telecom Operators Country Intelligence report provides an executive-level overview of the telecom services market in Panama 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 | $1.4 billion |
CAGR | >1% |
Forecast Period | 2023-2028 |
Telecom Service Segment | Mobile Services, Fixed Voice Services, Fixed-Broadband Services, and Pay-TV services |
Leading Companies | Tigo Panama, Cables & Wireless Panama |
Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Panama Telecom Services Market Regulatory Highlights
Panama plans to reform its telecommunications law in 2024 to modernize the sector’s legislation and the ASEP announced that the International Telecommunications Union (ITU) is advising the regulator during the initial phase of normative analysis.
Panama Telecom Services ESG Highlights
Telcos in Panama are concentrating on their ESG initiatives as a part of their growing commitment to environmental protection, social responsibility, and good governance.
Panama Telecom Services Market Analysis by Service
- Mobile Services
- Fixed Services
- Pay-TV Services
Panama Telecom Services Market Share by Service, 2023-2028 (%)
Buy the Full Report for More Service Insights on the Panama Telecom Services Market
Mobile Services Market in Panama– 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 operators promoting device bundled plans with additional benefits.
Average monthly mobile voice usage in Panama will decline during 2023-2028 with subscribers shifting to OTT-based communication solutions.
The Panama 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 Panama- Deep Dive
VoIP lines will grow at a CAGR of more than 10% during the 2023-2028 period, supported by the ongoing expansion of fixed broadband networks, which deliver high-quality VoIP services to residential and business customers.
The Panama 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 Panama- Deep Dive
Pay-TV service revenue will incline during 2023-2028 supported by IPTV and cable TV subscription gains.
The Panama 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
Panama Telecom Services Market - Competitive Landscape
Tigo Panama led all service segments in 2023, its leadership in the market is supported by its strong foothold in mobile, cable internet, fiber, and pay-TV segments.
Leading Telecom Companies in Panama
- Tigo Panama
- Cables & Wireless Panama
Panama Telecom Services Market Share by Companies, 2023 (%)
Buy the Full Report to Know More About Leading Telecom Companies in Panama
Scope
The country intelligence report provides an in-depth analysis of the following:
- The demographic and macroeconomic context in Panama.
- 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 Panama’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 Panama’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 Panama’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 Panama.
Cable & Wireless Panama
Digicel Panama
Claro Panama
Table of Contents
Frequently asked questions
-
What was the Panama telecom services market size in 2023?
The telecom services market size in Panama reached $1.4 billion in 2023.
-
What will the Panama telecom services market growth rate be during the forecast period?
The telecom services market in Panama is expected to incline at a CAGR of more than 1% during the forecast period, 2023-2028.
-
What are the key telecom services market drivers in Panama?
The Panama Telecom Services market growth is attributed to the telecom regulator’s efforts on Spectrum Allocation to enhance the capacity for 5G networks.
-
Which will be the leading telecom service market segment in Panama during 2023-2028?
Mobile services will be the leading telecom service market segment in Panama during 2023-2028.
-
Which are the leading telecom companies in Panama?
The leading companies in the telecommunications services market in Panama are Tigo Panama and Cables & Wireless Panama.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.