Iraq Telecom Services Industry Revenue to Post 5.6% CAGR through 2021, States Pyramid Research in Its Report Available at MarketPublishers.com02 Sep 2016 • by Natalie Aster
LONDON – The overall revenue of the Iraqi telecom services industry is forecast to reach USD 4.1 billion by 2016, growing at 5.6% CAGR up to 2021, mainly driven by the expansion of 3G services. During the next 5 years, operators will be able to take advantage of opportunities pertaining to 3G coverage expansion and soaring mobile data demand by delivering value-added services (VAS) and over-the-top (OTT) content. With the government liberating more areas, networking vendors have to position themselves to support the expansion of fixed Internet and mobile services.
Mobile services will likely take the lead in Iraq’s telecommunications industry and are set to capture 67.7% of the overall telecom service revenue by end-2016.
Zain and Asiacell are the country’s 2 leading providers of mobile data and voice services; they are estimated to capture over 55% of the overall telecommunication services revenue in 2016.
Comprehensive study “Iraq: Mobile and Fixed Internet Services Will Drive Overall Growth” elaborated by Pyramid Research draws up a detailed picture of the marketplace. The report analyses the Iraqi telecom market size and trends as against other Middle East and African countries. The report reviews demographic, economic and political environment in the country. It discusses the regulatory setting and development trends. The study presents an in-demand analysis and also historical and forecast figures for the revenue generated from the fixed Internet, fixed telephony, and also mobile data and voice services. It offers a detailed discussion of the evolution of services. The research reports scrutinises the competitive landscape by examining key trends in market competition and in the revenue market shares, overall performance and likely moves of service providers in the forthcoming years. An all-round sector analysis of broadband, fixed telephony, mobile data and voice services is included. Furthermore, the report explores major opportunities for players in the domestic telecommunications marketplace.
More in-demand reports by this publisher are available at Pyramid Research page.