Wireless Telecommunication Services in Nigeria

July 2024 | 45 pages | ID: W9C904A4155EN
MarketLine

Abstracts

Wireless Telecommunication Services in Nigeria

Summary

Wireless Telecommunication Services in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The wireless telecommunications services market includes cellular (mobile) phones, pagers, and any other wireless or cellular telecommunication service. Market values represent revenues based on payments to operators of all of these services for subscriptions and usage. Market volumes refer to the total number of subscriptions for each of these services. Market shares are in terms of subscription volumes. Regional market shares are at a parent company level.
• The Nigerian wireless telecommunication services market recorded revenues of $6.1 billion in 2023, representing a compound annual growth rate (CAGR) of 0.9% between 2018 and 2023.
• Market consumption volume increased with a CAGR of 6.6% between 2018 and 2023, to reach a total of 224.8 million subscriptions in 2023.
• Nigeria captured a share of 0.8% in the global telecommunication services market, in 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wireless telecommunication services market in Nigeria
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wireless telecommunication services market in Nigeria
• Leading company profiles reveal details of key wireless telecommunication services market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria wireless telecommunication services market with five year forecasts

Reasons to Buy

• What was the size of the Nigeria wireless telecommunication services market by value in 2023?
• What will be the size of the Nigeria wireless telecommunication services market in 2028?
• What factors are affecting the strength of competition in the Nigeria wireless telecommunication services market?
• How has the market performed over the last five years?
• Who are the top competitors in Nigeria's wireless telecommunication services market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value
3.2. Market volume

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast
5.2. Market volume forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths & strategies of the leading players?
7.4. What have been the recent developments in the market?

8 COMPANY PROFILES

8.1. Globacom Ltd
8.2. Airtel Nigeria
8.3. MTN Group Limited
8.4. Emerging Markets Telecommunication Services Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Nigeria wireless telecommunication services market value: $ billion, 2018-23
Table 2: Nigeria wireless telecommunication services market volume: million subscriptions, 2018-23
Table 3: Nigeria wireless telecommunication services market category segmentation: % share, by value, 2018-2023
Table 4: Nigeria wireless telecommunication services market category segmentation: $ billion, 2018-2023
Table 5: Nigeria wireless telecommunication services market geography segmentation: $ billion, 2023
Table 6: Nigeria wireless telecommunication services market value forecast: $ billion, 2023-28
Table 7: Nigeria wireless telecommunication services market volume forecast: million subscriptions, 2023-28
Table 8: Nigeria wireless telecommunication services market share: % share, by volume, 2023
Table 9: Globacom Ltd: key facts
Table 10: Globacom Ltd: Key Employees
Table 11: Airtel Nigeria: key facts
Table 12: Airtel Nigeria: Key Employees
Table 13: MTN Group Limited: key facts
Table 14: MTN Group Limited: Annual Financial Ratios
Table 15: MTN Group Limited: Key Employees
Table 16: MTN Group Limited: Key Employees Continued
Table 17: Emerging Markets Telecommunication Services Ltd: key facts
Table 18: Emerging Markets Telecommunication Services Ltd: Key Employees
Table 19: Nigeria size of population (million), 2019-23
Table 20: Nigeria real gdp (constant 2010 prices, $ billion), 2019-23
Table 21: Nigeria gdp (current prices, $ billion), 2019-23
Table 22: Nigeria inflation, 2019-23
Table 23: Nigeria consumer price index (absolute), 2019-23
Table 24: Nigeria exchange rate, 2018-23

List Of Figures

LIST OF FIGURES

Figure 1: Nigeria wireless telecommunication services market value: $ billion, 2018-23
Figure 2: Nigeria wireless telecommunication services market volume: million subscriptions, 2018-23
Figure 3: Nigeria wireless telecommunication services market category segmentation: $ billion, 2018-2023
Figure 4: Nigeria wireless telecommunication services market geography segmentation: % share, by value, 2023
Figure 5: Nigeria wireless telecommunication services market value forecast: $ billion, 2023-28
Figure 6: Nigeria wireless telecommunication services market volume forecast: million subscriptions, 2023-28
Figure 7: Forces driving competition in the wireless telecommunication services market in Nigeria, 2023
Figure 8: Drivers of buyer power in the wireless telecommunication services market in Nigeria, 2023
Figure 9: Drivers of supplier power in the wireless telecommunication services market in Nigeria, 2023
Figure 10: Factors influencing the likelihood of new entrants in the wireless telecommunication services market in Nigeria, 2023
Figure 11: Factors influencing the threat of substitutes in the wireless telecommunication services market in Nigeria, 2023
Figure 12: Drivers of degree of rivalry in the wireless telecommunication services market in Nigeria, 2023
Figure 13: Nigeria wireless telecommunication services market share: % share, by volume, 2023