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Analyst Opinions
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Dietary Supplements in an Age of Personalized Nutrition ; How the trend towards personalized health will impact the dietary supplements market
• Personalized nutrition offers manufacturers the chance to develop an ongoing relationship with consumers rather than a single transactional approach. This benefits both suppliers, who can build a base of loyal customers, and consumers, who gain a personalized and dedicated service. • Although the growth of the global market for vitamins, minerals, and supplements has slowed in recent years, the personalized nutrition trend will push growth at a CAGR of 6.5% from an estimated total value of $93bn in 2015 to $127bn...
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Sector Analysis
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Cameroon: Continued Expansion of Network Coverage Will Drive Telecom Service Revenue Growth
The telecommunications market in Cameroon will generate service revenue of $1.2bn in 2016. Pyramid Research expects to see overall service revenue grow at a CAGR of 10.3% over 2015-2020. Growth will be driven by the increasing consumption of mobile voice and data services. Over the next five years, operators should seize opportunities related to 3G and 4G expansion by deploying affordable bundles and OTT content to drive increasing demand for data in the market. Network vendors can benefit by positioning...
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Sector Analysis
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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
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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
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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
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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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Sector Analysis
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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
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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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Sector Analysis
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Botswana: Network Expansion Will Lead to Enhanced Revenue Opportunities for Operators and Vendors
The telecommunications market in Botswana will generate service revenue of $326m in 2016. Pyramid Research expects to see overall service revenue grow at a CAGR of 2.4 % over 2015-2020. Growth will be driven by the increasing consumption of mobile voice and mobile data services. Over the next five years, operators should seize opportunities to improve and upgrade their existing networks in order to leverage the growing demand for mobile data. Network and handset vendors can partner with operators to...
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Sector Analysis
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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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Analyst Opinions
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Poland: LTE Network Expansion, National Broadband Rollout and Convergent Services Will Drive Dynamism in the Market
The telecommunications market in Poland will generate revenue of $7.3bn (Zl 29.6bn) in 2016. CAGR in local currency will be -0.5%. Market revenue in local currency is expected to stabilize from 2018 onward, driven by operators’ focus on expansion of 3G, 4G and fiber networks. Mobile data revenue will grow at a CAGR of 4.4% in local currency to reach Zl 8.5bn ($2.5bn) in 2021, with contribution to overall ARPS increasing from 35.2% in 2016 to 46.3% in 2021. Fixed...
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Sector Analysis
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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...
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Sector Analysis
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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
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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...
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Sector Analysis
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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
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OTT Video in Latin America: Demand for Local Exclusive Content Drives Competition Among SVoD Platforms
OTT video markets in Latin America are relatively diverse not only along demographic and socio-economic lines, but also in terms of adoption of telecom and video services. Countries with high adoption rates of pay-TV, fixed broadband and mobile broadband see the most robust and innovative OTT ecosystems. Netflix’s arrival to Latin America, in 2011, triggered the launch of a number of SVoD initiatives, both at the regional and country level, mostly from established telecom and pay-TV operators looking to defend...
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Case Studies
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Success Case Study: Nuggela & Sulé; A shampoo with a cosmeceutical approach built on alternative “natural” based therapies
This onion shampoo, based on a traditional "natural" remedy (the use of onion juice to strengthen hair and prevent hair loss), capitalizes on the rising popularity of "natural" remedies and alternative therapies in the country to appeal to Spanish shoppers and convince them of its effectiveness and expected results. Belief in the idea the product works as promised, which also implies higher quality, is also supported by its professional image, as the shampoo is only distributed through medical retailers (including...
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Analyst Opinions
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ForeSights: Fast-Food Robots
"ForeSights: Fast-Food Robots" explores the developing concept of automations, robots, and AI in the fast-food industry. The report also considers the various actors involved and the impact of the trend in the FMCG and wider foodservice sector. The conclusions reached are underpinned by GlobalData's unique blend of proprietary consumer insight and innovation knowledge. Automation, robotics, and AI developments in recent years is increasingly prevalent in the modern world as costs, such as imports, raw materials, wages, taxes, and business rates,...
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