Brazil Telecommunications and Pay-TV Services Market Augur Promising Growth in Coming Years, CAGR Expected 2.3% During 2017 - 2022
Brazil's total telecommunications and pay-TV services revenue to reach $40.2bn (R128.1bn) in 2017, up by 10.8% in US-denominated value (1.2% in local Brazilian currency) over 2016.
Albany, NY -- (SBWire) -- 09/25/2017 --The telecommunication sector is advancing all across the globe in order to offer a solid source of interaction to the population. In Brazil, the market for telecommunication services has been gaining momentum in terms of revenue. According to the findings of a new study, Brazil is passing through a sustainable market repair in 2017 with the improvement of its macroeconomic situation, which will support the telecom and pay-TV revenue trend. Market Research Hub (MRH) has recently added a new market research study to its wide offerings, which is titled as "Brazil Telecom Industry Intelligence Report", which provides an in-depth analysis of telecom market size and trends in Brazil compared with other countries in the region. In addition, economic, demographic and political context; regulatory environments and trends; demand profile, service evolution and competitive landscape are well described.
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In the first part of the study, an executive-level overview of the telecommunications market in Brazil today, with detailed forecasts of key indicators up to 2021 is presented. As per the research findings, Brazil's total telecommunications and pay-TV services revenue to reach $40.2bn (R128.1bn) in 2017, up by 10.8% in US-denominated value (1.2% in local Brazilian currency) over 2016, primarily led by growth in mobile data, fixed broadband and pay-TV revenue. During the forecast 2017-2022, the total revenue of the telecom and pay-TV services markets in Brazil is set to grow at a 2.3% CAGR in local currency (-1.8% in US$ due to exchange rate fluctuation). Mobile data and fixed broadband will be key segments driving growth in the total market over the next five years, with a combined $6.1bn kick.
Moreover, near-term opportunities and precise telecom sector analysis covering fixed telephony, broadband, mobile voice, and mobile data services are detailed. A quantitative analysis of service adoption trends by network technology and by operator, as well as of average revenue per line/subscription and service revenue through the end of the forecast period. The analysts also find that in Brazil, due to growing consumer migration toward OTT-based communications solutions and inclusion of free calling offers in bundled plans by operators, the mobile voice market will see its revenue decline by a huge margin.
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Later, a detailed competitive landscape has been included an examination of key trends in competition and in the performance, revenue market shares and expected moves of service providers over the next 18-24 months. Another broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors and other telecom industry players succeed in the challenging telecommunications market in Brazil. Some of the prime players profiled in this study include TIM, Claro, Vivo and Oi.
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