Voice Services Remain Largest Revenue Generator for Mexican Telecom Services Markets, States New Pyramid Research Report Available at MarketPublishers29 Apr 2016 • by Natalie Aster
LONDON – The telecom services market in Mexico is the second largest market in Latin America, and Brazil is the number one player in this region. As of 2015, the Mexican market accounted for approximately USD 21.48 billion in terms of revenue. It made up 1.9 percent of the country’s GDP. Voice services accounted for the largest share in the revenue in the same year.
The market revenue is set to continue showing growth in the upcoming years, and it is forecast to amount to USD 26.5 billion in 2020. This market is set to become the most rapidly growing one amongst the largest marketplaces of Latin America.
The growth will be encouraged by consolidation amongst existing operators and entry of new players. Mobile data, pay TV and fixed broad Internet are likely to be major growth igniters of top line revenue in the near term.
New research report “Mexico: ATandT and Televisa Emerge as Viable Challengers to Telmex's Leadership in the Telecom Services Market” prepared by Pyramid Research offers an up-close look at the Mexican telecom services marketplace. The study covers regional context in details and compares sizing and trends of this marketplace with other countries in Latin America.
The report throws light on economic situation in the country, and demographic and political context. The research study explores the regulatory environment and its trends. It scrutinizes demand trends and discusses evolution of telecom services in Mexico.
The research study discloses market opportunities and concentrates on major players in this space. A segment analysis and a discussion of future prospects of this marketplace can be found in the report, too.
Companies mentioned in the report include: Maxcom, America Movil, Grupo Televisa, Movistar, Total Play, Megacable, ATandT, to name a few.
More new research studies by this publisher are available at Pyramid Research page.