Wireless Telecommunication Services - Global Industry Guide (2013-2022): The Market Had Total Revenues of $789.2Bn in 2017 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 25, 2018--The “Wireless Telecommunication Services Global Industry Guide 2013-2022” report has been added to ResearchAndMarkets.com’s offering.
This report provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
An essential resource for top-line data and analysis covering the global wireless telecommunication services market. Includes market size and segmentation data, textual and graphical analysis of market growth trends and leading companies.
Voice services have become saturated in developed markets such as the US and Europe, with tariff drops prevailing, reducing the amount of revenue from this segment in recent years. Even in developing markets, the rapid adoption of smartphones and mobile internet services by consumers has cannibalized revenue from voice services.
Moreover, revenues from the growing traffic in the internet services segment have been eroded by competition as operators have sought to capitalize on 4G technology. Similarly, even in markets where the penetration of mobile services is low and where mobile internet and 4G services are still expanding, operators have also engaged in price competition to stimulate adoption, reducing their revenues.
Overall, according to the Ericsson Mobility report, global data traffic grew by 55% from 2016 to 2017.
Key HighlightsThe wireless telecommunications services market is defined here as including cellular (mobile) phones, pagers, and any other wireless or cellular telecommunication service. Revenues are based on payments to operators of all of these services for subscriptions and usage. Market volumes represent total numbers of subscribers. Market shares in this report are in terms of subscriber volumes. All currency conversions were carried out at constant 2017 average annual exchange rates. The global wireless telecommunication services market had total revenues of $789.2bn in 2017, representing a compound annual growth rate (CAGR) of 0.7% between 2013 and 2017. Market consumption volume increased with a CAGR of 3.6% between 2013 and 2017, to reach a total of 6,476.6 million subscribers in 2017.
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Related Topics:Wireless Telecommunications
INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS MOBILE/WIRELESS
SOURCE: Research and Markets
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PUB: 09/25/2018 05:28 AM/DISC: 09/25/2018 05:28 AM