UAE Telecom Industry to Exhibit 3.7% CAGR through 2021, Predicts Pyramid Research in Its New Topical Report Recently Uploaded at MarketPublishers.com
22 Nov 2016 • by Natalie Aster
LONDON – The telecommunications market in the UAE is expected to see stable healthy growth at a 3.7% CAGR through 2021, propelled by the increase in the fixed and mobile data sector.
Fixed broadband and mobile data revenues in the UAE are anticipated to grow, due to expanding adoption of fiber-optic technology and 4G networks across the country. 4G is expected to replace 3G as the top adopted technology in the UAE by 2019, as 4G network coverage is constantly expanding along with surging appetite for faster speeds and additional content.
The two leading market players, Du and Etisalat, are predicted to command a combined share of 97.5% of the domestic telecom market. Competition in the country’s telecom market is likely to intensify further following the implementation of fixed network-sharing agreements by the regulator.
Fixed VoIP is anticipated to be the most rapidly growing sector, encouraged by the rising adoption of triple-play services.
Operators in the UAE should focus on further diversifying of their product offerings and service portfolios by providing multiplay services to the residential sector as well as targeting IoT/M2M to business customers.
Cutting-edge topical report “UAE: Operator Investments in Fiber, 4G and 5G Technologies to Support Data Revenue Growth” worked out by Pyramid Research offers in-depth insights into the UAE telecom market landscape, reviews the key market segments, discusses the major growth influencing sectors and also covers top trends and burning issues. This report uncovers the key country’s telecom industry indicators, pinpoints the near-term opportunities, explores competitive dynamics and covers regulative norms and initiatives. Furthermore, the report discloses forecasts for the UAE telecom industry through 2021.
Many other new in-demand research publications by the publisher are offered at the Pyramid Research page.