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(Wireless-NewsWire.Com, March 17, 2018 )
The report for Global Wireless Telecom Services Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.
Download sample pages of this report: http://bit.ly/2FEptN7
The wireless telecommunications services market includes mobile phones, pagers, and other wireless telecommunication device support. The industry is relatively consolidated in terms of key players, suppliers, and buyers. Europe dominates this industry with 35% of the global industry share. China Mobile Ltd. and Vodafone Group plc are the two dominant global players in this highly competitive industry. Competition rivalry is high due to a large number of operators that compete on price as well as services. The threat of substitute is moderate due to use of VoIP (Voice over Internet Protocol) services. A combination of factors such as governmental regulations, the large number of subscribers, customer churn rates, and average revenue per user significantly affects industry dynamics.
Regulatory compliance, licensing requirements, global competitiveness, high debt, and abundant alternatives to customers at a minimal cost are some of the challenges facing the industry. Consistent expansion in mobile communication options and increased demand for emerging devices such as smart phones and tablets are expected to drive the market. Increased broadband services and wireless penetration are likely to drive growth in the APAC region and spending in emerging economies such as Latin America, Brazil, and South Africa.
Europe is anticipated to continue leading the industry with the highest industry share, followed by APAC and ROW during the forecast period. The APAC region represents good growth potential over the next five years. Continuing investments in expanding network connectivity, infrastructure upgrades, and growing numbers of wireless subscribers are expected to drive growth to new heights. Based on emerging trends, the new fourth-generation (4G) long-term evolution (LTE) broadband wireless technology evolution path is projected to drive future growth.
Features and benefits
Save time carrying out entry-level research by identifying the size, growth, segments, and players in the global wireless telecommunication services
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global wireless telecommunication services
Leading company profiles reveal details of key wireless telecommunication services market players’ global operations and financial performance
Add weight to presentations by understanding the future growth prospects of the global wireless telecommunication services market with forecasts
Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global wireless telecommunication services market
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global wireless telecommunication services market
– Leading company profiles reveal details of key wireless telecommunication services market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the global wireless telecommunication services market with five year forecasts by both value and volume
Key Highlights
– The 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 2016 average annual exchange rates.
– The global wireless telecommunication services market had total revenues of $785.9bn in 2016, representing a compound annual rate of change (CARC) of -2.3% between 2012 and 2016.
– Market consumption volume increased with a CAGR of 3.8% between 2012 and 2016, to reach a total of 6,300.7 million subscribers in 2016.
– Subscription volumes are to follow a decelerated growth trend in future as mobile penetration rates will grow at a slower pace as they approach their peak. Nevertheless, the expansion of mobile internet services will continue to drive the global market value, based on the still expanding 4G network and the roll out of the 5G network over the coming years.
Download sample pages of this report: http://bit.ly/2FEptN7
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