Published on : May 18, 2016
ALBANY, New York, May 18, 2016: The research report analyzes the factors supporting the telecom services market in Slovakia and the ones hampering its growth. The report studies the regulatory framework and the investment infrastructure governing the overall market. It studies the historical data of the telecom services market in Slovakia and uses it to map a trajectory for the market in the coming years by comparing it to the present-day market situation.
According to the research report, the revenue of the telecom services market in Slovakia dropped to US$1.5 bn in 2016, amounting to 1.8% of the GDP of the country. However, research analysts state that telecom services market in Slovakia is poised to grow 2017 onward to reach US$1.8bn by the end of 2020. This growth will be a result of the government relaxing the regulatory pressure on operators and them taking an advantage of the investments in next-generation networks. A good competitive environment is also expected to benefit the overall market. Between 2015 and 2020 the telecom services industry in Slovakia is expected to surge at a CAGR of 0.7% in terms of regional currency.
The proliferating LTE devices and networks will help LTE subscriptions to reach 3.4 mn by 2020. The largest technology in the overall telecom services market of Slovakia will be FTTH/B in terms of access lines. This technology will account for nearly 54.6% of all of the access lines by 2020. Analysts are also predicting that in the coming five years, MNOs will grab big opportunities in areas such as move to LTE-A, network expansion, fixed broadband segment, wearable and multiplay, and M2M offers to improve customer loyalty and increase revenue.
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The primary growth drivers driving the telecom services industry in Slovakia will be shifting preference of customers towards fiber, growth of LTE and VDSL, and the growing usage of triple-or quad-play offers introduced by Orange Slovakia and Slovak Telekom. Analysts predict that mobile revenue be the largest contributor in the coming years over and above fixed revenue as well.
The top three players in the Slovakia's telecom services market are Orange Slovakia, Slovak Telekom, and O2 Slovakia. By the end of 2016, these players are likely to collectively hold a share of 83.3% in the overall market in terms of revenue. However, the entry of 4ka in the telecom market is expected to make the market even more competitive in the near future. Research indicates that the new entrant will rise at 5% all through 2020.
In addition to these insights, the research report also provides an assessment of the demographic, economic, and political context in Slovakia that is expected to shape the market in the coming years.
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