Albany, NY (PRWEB) February 24, 2015
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The Nigeria market for mobile, fixed, and media telecommunications will suffer from the nullification of 14 licenses in the fixed sector, but will largely benefit from heavy demand for mobile data, states a new research report added to the comprehensive research report database of ResearchMoz.us.
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The report, titled “Nigeria: Regulator’s Nullification of 14 Licenses Hits Fixed Sector; Mobile Data Keeps Overall Market Growing Strong”, states that the telecom industry in Nigeria earned service revenues worth US$9.8 billion, recording an increase of 6.8% over the year 2013. In the year 2014, the segment of mobile voice emerged as the largest contributor of revenues to the Nigeria mobile, fixed, and media telecommunications market, with a net worth of US$7.3 billion, US$219 million more than that in 2013.
The report estimates that between 2014 and 2019 – the report’s forecast period – the markets for pay-TV and mobile data will increase at a respective CAGR of 5.2% and 16.0%, and reach US$647 million and US$3.8 billion respectively, by 2019.
The two leading telecom operators in Nigeria, Airtel Nigeria and MTN Nigeria, operating in the field of mobile and internet services, accounted for a combined share of 68.0% of the overall service revenue earned by the Nigeria mobile, fixed, and media telecommunications market in 2014. Both companies are actively investing in fiber networks and 3G data services to effectively cater to the rising demand for improved data and pay-TV services.
The adoption level of 3G technologies in the mobile, fixed, and media telecommunications market in Nigeria is currently only 15.9% of the overall mobile subscription base. The report forecasts that this will rise to 32.6% by the end of 2019, owing to rising focus on 3G services from leading telecom service providers such as MTN Nigeria, Airtel Nigeria, and Globacom.
The report anticipates that the customer base of LTE users will rise to 8.1 million in Nigeria in the year 2019, an estimated 4.5% of the overall estimated mobile subscriptions in Nigeria by that time. The surge in LTE subscriptions will largely be driven by Nigerian Communications Commission (NCC)’s plans to auction the spectrum in 2015, an area in which many telecom operators have expressed interest.
The country-based research report on the telecom industry and its key subsidiaries in Nigeria is an incisive and precise profile of the industry based on comprehensive insights and proprietary data from industry experts.
The annually published research report is an executive-level study. It encompasses a detailed analysis of the competitive dynamics, demand evolution according to types of services and technology or platform, opportunities, and key regulatory trends in Nigeria’s telephone, broadband, and mobile sectors.
All Reports of this Category Here: http://www.researchmoz.us/telecommunications-market-reports-95.html
The competitive landscape section of the report analyses key competitive tactics, financial performance of major businesses operating in the market, revenue market shares of these businesses, and the anticipated moves of these service providers over the next 18-24 months.