Spain’s Telecom Services Market to be Propelled by Rising LTE and Fiber Deployment
Albany, NY (PRWEB) February 26, 2015 -- The report is an incisive and precise assessment of the telecommunications (including fixed line and mobile services) and pay-TV marketplace in Spain. The report states that the telecom sector in Spain – the fifth largest telecom services market of Western Europe – generated revenue worth US$27.3 billion in 2014, less by 7.3% than those in 2013.
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The market has been continuously suffering from major revenue losses from 2009 and will continue to decline until 2017 despite the market’s consolidation in 2014. The report estimates that the market will become profitable by 2018 and reach a value of US$26.2 billion by 2019. Service revenues will rise chiefly due to increased demand for broadband internet and mobile data.
The year of 2014 marked large-scale consolidation of the Spanish telecom market, with three chief integrated players operating in the regional market. Vodafone Spain, Movistar, and Orange Spain were identified as the leading providers of the most popular set of services. These businesses offered services such as mobile data, fixed-line, broadband, and pay-tv as multiplay packages or on a stand-alone basis.
The report states that the shares of these businesses will account for nearly 80% of the total service revenues earned by Spain’s telecommunications and pay-tv market by the year 2019. This strategic positioning of Spain’s key telecom operators will bring important changes to their shares by 2019, with Movistar expected to lose its dominant position by that time.
Deployment of FTTH/B and LTE will lead to wide-scale development of Spain’s network infrastructure over the report’s forecast period. A massive surge in multiplay packages, coupled with increased penetration of tablet computers and smartphones, will drive the demand for telecom services in Spain. The report adds that the subscriptions of FTTH/B will reach an estimated 10 million (a 34% share of the entire estimated subscriptions), and subscription of LET will increase to 50.8 million (an 81.3% share of entire estimated subscriptions) by 2019.
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The report also presents detailed forecasts of primary industry indicators till the year 2019, with in-depth qualitative as well as quantitative insights into key trends, near-term opportunities, and risk factors in Spain’s telecom market over the report’s forecast.
The competitive landscape of the report is an analysis of popular trends observed in competition tactics, performance of major businesses, revenue shares of these businesses, and the anticipated business strategies of service providers over the next 18-24 months.
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