The Czech Republic Telecom Industry to Generate Revenues of Over USD 4 Bn by 2021, Predicts Pyramid Research in New Report Available at MarketPublishe13 Jan 2017 • by Natalie Aster
LONDON – The Czech Republic telecom market is expected to increase at a 3.4% CAGR (nearly 0.8% in local currency) between 2016 and 2021, boosted majorly by steady growth in data revenue, increasing mobile and fixed data usage and also enhancing pay-TV adoption.
The overall revenue generated by telecom services in the country stood at around USD 3.4 billion in the past year. Furthermore, it is likely to cross USD 4 billion by the year 2021.
O2 and T-Mobile are the top players in the telecom market in the Czech Republic. These companies provide both mobile and fixed services and together capture a share of approximately 58% of the country’s telecom market.
Today, operators in the Czach Republic telecom market focus on investments in IoT and M2M initiatives, expansion of LTE network and also improvement of broadband speeds in order to maintain competitive edge and their positions in the domestic market.
The new topical report “Czech Republic: Revenue Expected to Grow Moderately Through 2021 Supported by LTE, Fiber, Pay-TV and M2M Growth” worked out by Pyramid Research offers a detailed overview of the telecom market scenario in the Czech Republic, discloses key market performance indicators and provides forecasts through 2021. This study contains insights into the regional, economic, political and demographic context in the Czech Republic as well as sheds light on key factors influencing the market growth and development.
The research publication points out lucrative near-term opportunities, examines competitive dynamics and gives evolution of demand by technology/platform and service type across the mobile, pay-TV, broadband and fixed-tlephony sectors. It also touches upon top trends and regulatory initiatives.
The study contains details on the evolution of telecom services in the country, offers data on the top market players, contains an in-depth analysis of the key market segments, identifies top challenges and lucrative growth opportunities.
Many more research reports by Pyramid Research are provided at this page at MarketPublishers.com.