2014-02-07 20:15:02 - Singapore Telecommunications Report Q1 2014 - a new market research report on companiesandmarkets.com
Singapore´s telecommunications industry has outperformed many of its regional peers with strong adoption of the latest products and services. Partially due to the country´s small landmass and population size, the telecoms market has rapidly grown to a stage where it is approaching saturation. Next generation technologies, mobile and fixed, are therefore the next step in fostering new developments and revenue streams, and industry players - the regulator and operators - have rightly moved in that direction.
- We forecast Singapore´s mobile sector will grow by only 1.5% annually between 2013 and 2017 owing to the high penetration and a shift in operators´ strategies.
- The fixed-line market has started to contract earlier than we had expected, and we forecast the number
of subscribers to decline to 1.8mn in 2017.
- Next generation fibre and LTE services are the future growth drivers for the Singaporean broadband industry, although we expect the growth momentum to be relative slow initially due to factors such as contract lock-in period. We forecast 11.6mn broadband subscribers in the country by end-2017.
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