Turkey Telecom Industry Revenues to Reach USD 11.6 Bn by 2021, according to New Report by Pyramid Research Recently Added at MarketPublishers.com
25 Nov 2016 • by Natalie Aster
LONDON – Nowadays, Turkey is recognised as one of the biggest markets in the AME region. The country’s telecom market is likely to keep n rising in the years to come, spurred by rising adoption of mobile and fixed broadband services, increasing operators’ investments in fiber ad 4G expansion. IoT/M2M as well as HD video streaming are anticipated to offer novel revenue streams.
The total revenue generated by the Turkish telecom industry is predicted to grow by 3.6% during 2016-2021, and by the 2021 reach USD 11.6 billion. The major growth driving sectors include mobile data and fixed broadband.
Turk Telecom holds the dominant position in the country’s telecom market. It is followed by Turkcell and Vodafone. Local operators will continue investing in fixed and mobile networks and next-generation technologies in order to stay competitive.
New report “Turkey: Demand for Data, Operator Investments in 4G and Fixed Infrastructure to Drive Future Revenue Growth” from Pyramid Research offers trustworthy data on the telecommunications industry performance in Turkey. This study contains in-depth insights into the major market segments, reviews the existing and emerging technologies, discusses top trends and also examines the main factors having influence on the country’s telecom market. The research study includes an overview of the near-term opportunities and challenges, explores the competitive environment, highlights demand dynamics and touches upon regulatory issues. A future outlook through 2021 for the Turkish telecom industry is at hand in the report.
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