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Demand for Faster Wireless Connectivity Driving Increased Investment in Smart City Projects across Israel

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Published on : Jul 10, 2017

Albany, New York, July 10, 2017: The report is titled “Israel: Investments in Smart City Projects, IoT/M2M and Advanced Technologies Such as G.fast to Support Market Growth,” and is available for sale on the company website. It provides detailed forecasts of the key indicators of the market’s trajectory up to 2021. Besides this, a detailed evaluation of near-term opportunities, evolution of demand in terms of service and technology type, competitive dynamics. 

In addition, a review of the prevailing regulatory trends is also included in the report to provide exhaustive information on the Israel telecommunications market. Furthermore, the report is aimed at providing relevant data to enable existing players and new entrants gauge the investment feasibility in the market. 

As per findings of the report, revenue generated from the telecom sector in Israel will exhibit a rather slow pace of growth. Between 2016 and 2021, the market is projected to progress at a meager 1.1% CAGR. Growth witnessed in the Israel telecommunications market is primarily driven by the rising mobile data, VOIP, and fixed internet revenue. It is important to note here that operators are pushing for digital solutions such as smart cities and businesses and M2M/IoT, which is creating lucrative prospects for the market’s expansion. Also the rising investment in 4G and FIFTH deployment and increasing focus on data-centric services will augur well for the telecommunications market in Israel. 

Click to get more details with TOC in a PDF Format: https://www.researchmoz.us/enquiry.php?type=S&repid=1177555

The report compares the trends prevalent in the Israel telecommunications market to other countries in the region. To cover every aspect relevant to the market, the effect of political and economic trends in Israel on the market is studied in detail. Besides this, the report covers an in-depth review on the prevailing regulatory scenario, and the impact of the same on the overall market. 

According to the report, mobile revenue will contribute over 41% of the overall telecom revenue in Israel by the end of 2021. Among the advanced technologies, 3G will remain the most adopted variant in the Israel telecommunication sector. However, with major advancements lined up, it will slowly lose its share as customers migrate to high speed services such as LTE/LTE-A. Also the report found that HOT Telecom and Bezeq are the top two operators in the market. Their cumulative share accounted for 62.7% of the total service revenue of the Israel telecom market in 2016. 

Despite the dominance of the aforementioned companies, the market is expected to witness increased competition in the coming years. The report provides an in-depth analysis of the various factors creating growth opportunities for the market players. Furthermore, prospects for the entry of new players are analyzed in detail as well. For the purpose of the study the prominent companies operating in the market are profiled. The report also includes detail regarding their product portfolio, development strategies, and financial overview. 

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