Panama Telecom Services Industry Revenue Stood at USD 1.3 Bn in 2016, States Pyramid Research in Its Report Published at MarketPublishers.com31 Jan 2017 • by Natalie Aster
LONDON – Panama’s telecom services industry revenue stood at USD 1.3 billion in 2016, up 2.4% compared to 2015, mainly fuelled by pay-TV, fixed broadband and mobile data segments.
The mobile/fixed revenue breakdown is forecast to lean towards the mobile segment in the years to come. Still, the share of fixed services in total revenue is likely to grow, propelled by government's national Internet network incentive to expand Internet usage domestically as well as appealing double- and triple-play services from such operators as Cable & Wireless Communications Limited and Cable Onda, S.A.
The leading operators, CWP and Digicel Panama, captured 57.7% of total service revenue in 2016. CWP is set to keep on dominating the national telecom market in the offing, underpinned by massive investments in 4G mobile network expansion and fixed network modernisation.
The expansion of LTE networks in tandem with the surging demand for high-speed mobile network data and surging availability of LTE-enabled devices is expected to scale up LTE subscriptions in the country through to 2021.
New comprehensive topical report “Panama: 4G Network Expansion and Government's National Broadband Plan to Drive Data Revenue Growth” drawn up by Pyramid Research presents an insightful overview of the telecom marketplace on a country-level today, alongside offering granular forecasts of key performance indicators through 2021.
The report provides estimate of the market size and analyses the trends in Panama as against other nations in the region; reviews the demographic, economic and political landscape; discusses the regulatory scenario and trends for the next 18-24 months. It also gives an analysis and historical data and forecast figures with respect to service revenue from the broadband, mobile data and voice, fixed telephony, and pay-TV markets. The study sheds light on the service evolution during 2016-2021. The research report canvasses the competitive landscape covering a look at major trends in the performance, revenue market shares and projected moves of service suppliers over the coming 18-24 months. It offers a quantitative analysis of the market based on the types of services. The research study includes an all-encompassing analysis of the opportunities in the near term for the major players in Panama's telecom and pay-TV markets.
Other comprehensive studies by the publisher are provided at the Pyramid Research page.