Recently published research from Business Monitor International, "Singapore Telecommunications Report Q1 2014", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 01/27/2014 -- Singapore's telecommunications industry has outperformed many of its regional peers with strong adoption of the latest products and services. Partially due to the country's small landmass and population size, the telecoms market has rapidly grown to a stage where it is approaching saturation. Next generation technologies, mobile and fixed, are therefore the next step in fostering new developments and revenue streams, and industry players - the regulator and operators - have rightly moved in that direction.
- We forecast Singapore's mobile sector will grow by only 1.5% annually between 2013 and 2017 owing to the high penetration and a shift in operators' strategies.
- The fixed-line market has started to contract earlier than we had expected, and we forecast the number of subscribers to decline to 1.8mn in 2017.
- Next generation fibre and LTE services are the future growth drivers for the Singaporean broadband industry, although we expect the growth momentum to be relative slow initially due to factors such as contract lock-in period. We forecast 11.6mn broadband subscribers in the country by end-2017.
View Full Report Details and Table of Contents
Singapore is ranked second in BMI's latest Asia Pacific Telecoms Risk/Reward Ratings with a telecoms rating score of 70.8. Despite having one of the smallest populations in the region, the country continues to harbour growth opportunities due to consumers' high purchasing power and strong appetite for new products and services, and the presence of large enterprises. A progressive regulatory environment, conducive for encouraging innovations and developments, is reflected in Singapore's industry risks score of 90.0, the joint highest in the region.
Key Trends And Developments
In July 2013, three of Singapore's main network operators have acquired 4G radio spectrum at the reserve price. M1 got 8MHz of spectrum for US$104mn, Singapore Telecommunications (SingTel) received 100MHz of spectrum at a total price of US$136mn, and StarHub obtained 90MHz of spectrum for US $120mn.
SingTel, StarHub, and M1 have been fined by the Infocomm Development Authority (IDA) for noncompliance with the Quality of Service (QoS) standard for 3G Public Cellular Mobile Telephone Service.
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Fixed Networks research reports at Fast Market Research
You may also be interested in these related reports:
- Iran Telecommunications Report Q1 2014
- West & Central Africa Telecommunications Report Q1 2014
- India Telecommunications Report Q1 2014
- Nigeria Telecommunications Report Q1 2014
- Denmark Telecommunications Report Q1 2014
- South Africa Telecommunications Report Q1 2014
- United Arab Emirates Telecommunications Report Q1 2014
- Ireland Telecommunications Report Q1 2014
- Tanzania Telecommunications Report Q1 2014
- Vietnam Telecommunications Report Q1 2014