Taiwan Telecom Services Market Value Reached USD 13.9 Bn in 2015, According to Pyramid Research Report Available at MarketPublishers.com
16 May 2016 • by Natalie Aster
LONDON – In 2015, the value of the Taiwanese telecom services market stood at USD 13.9 billion. The mobile voice and data segments accounted for just over 53% of the overall service revenue in that year. Nevertheless, notwithstanding the rising demand for high-speed data transfer services, overall service revenue will likely decline bit by bit, at a 1.4% CAGR over the forecasted period. The revenue generated by the domestic telecom services are poised to drop to the USD 12.9 billion mark in 2020, mainly due a decline in fixed and mobile voice services. Increasing competition in the mobile data space will drive operators to offer innovative bundled services at competitive prices and to invest in network upgrades to increase their subscriber base. A surge in the competitive intensity in the mobile data universe is set to stimulate operators to offer innovative packages of services at competitive prices and to pour money into network upgradations to expand their subscriber base.
Chunghwa Telecom dominated the IPTV, mobile and fixed segments, whilst China Network Systems (CNS) is the leader in the cable TV sector. In the midterm, the national telecom market is anticipated to remain extremely competitive as network carriers tend to enter into strategic partnerships to strengthen their footprint in the marketplace.
In-demand report “Taiwan: Declining Revenues Spur Operators Toward Converged Fixed-Mobile and Media Platforms” elaborated by Pyramid Research offers a keen look at the Taiwanese telecom services domain. The study reviews the country’ political, economic and demographic situation; compares the size and trends of the domestic marketplace as against those in other countries of the region. It explores the regulatory environment along with the pertinent developments. The report explores the demand trends and takes a shrewd look at the evolution of telecom services in Taiwan. The research publication discloses a slew of market opportunities, investigates the competitive scene and focuses on the major participants operating in this space. A segment-wise analysis is provided, as is projections with respect to the market development.
More comprehensive studies by this publisher are available at Pyramid Research page.