[prnewswire] As one of the most developed telecom markets in the Africa & Middle East region, South Africa's growth over the next five years will be fueled by mobile data and broadband Internet segments, according to a new report from Pyramid Research .
South Africa: Operators Continue to Upgrade Networks as Mobile Data Demand Builds offers a profile of the country's telecommunications, media, and technology sectors based on proprietary data from our research in the market. The 32-page report provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies.
Pyramid Research expects the telecom market to grow at a CAGR of only 1.6 percent over the next five years, to $15.1 billion in 2014. Pyramid Research estimates that the mobile segment generated 72 percent of total market revenue in 2009, propelled by mobile voice and data, notes Badii Kechiche, Senior Analyst and co-author of this report. "Mobile voice will continue to generate most of the segment's revenue, specifically mobile data; driven by mobile email and mobile broadband Internet services, we anticipate mobile data revenue will grow from $1.4 billion in 2009 to $2.2 billion in 2014, a CAGR of 9.4 percent."
"A number of undersea and land-based cable projects will provide much-needed extra capacity for operators to offer IP services at more affordable prices, thus capturing a wider population," explains Kechiche. "As a result, we expect broadband Internet revenue to grow from $369 million in 2009 to $740 million in 2014, a CAGR of 14.9 percent," he adds. "These projects create ample opportunities in the South African market. Operators are heavily investing in mobile broadband technologies, upgrading their networks to compete in the vital mobile data segment."
South Africa's Mobile Data Demand Drives Operators to Upgrade Networks, Pyramid Finds