Cameroon Telecom Service Revenue to Register 10.3% CAGR to 2020, States Pyramid Research in Its Report Published at MarketPublishers.com
17 Aug 2016 • by Natalie Aster
LONDON – The amount of revenue made through telecommunications services in Cameroon is expected to stand at USD 1.2 billion by 2016-end, and it is forecast to grow registering a 10.3% CAGR up to 2020. This growth will likely be driven by the increasing consumption of mobile voice and data services resulting in an upsurge in mobile revenue. By 2020-end, 85.7% of the overall service revenue is anticipated to stem from mobile services.
In the years to come, it is necessary for operators to take advantage of opportunities pertaining to 3G and 4G network expansions by rolling out affordable bundles and over-the-top (OTT) content to boost soaring demand for data in the marketplace. Network vendors can possibly benefit by positioning themselves to support operators' plans to extend the coverage of their 3G and 4G networks.
The top 2 operators, MTN Cameroon and Orange Cameroon, both providing mobile voice and data services, are projected to capture 70.8% of total service revenue by end-2016.
Comprehensive market study “Cameroon: Continued Expansion of Network Coverage Will Drive Telecom Service Revenue Growth” drawn up by Pyramid Research is devoted to giving an in-depth and trustworthy analysis of the market country-wide, alongside providing granular forecasts of key indicators to 2020. It analyses key trends, assesses near-term opportunities for players in Cameroon's telecoms market and evaluates risk factors. The report provides historical figures and forecasts of service revenue from different segments; explores regulatory framework and trends; sheds light on the evolution of services; canvasses the competitive landscape including market shares and projected moves of service providers; offers an in-depth sector analysis.
More studies elaborated by this publisher can be found at Pyramid Research page.