Published on : Apr 19, 2016
ALBANY, New York, April 19, 2016: The report presents top-level analysis of the current state of the Spain telecommunications market, with in-depth estimates of key indicators until the end of 2020. According to the report’s findings, the Spain telecom market will register a revenue figure of US$23.4 bn by 2020, increasing from US$19.6 bn in 2016.
The report presents key findings about the upturn in the Spain telecom market after several years of slow growth, mainly due to technological insufficiencies and delayed customer response to next-generation telecommunication offerings. Nevertheless, with mobile broadband data becoming a commonality, this market will experience a massive growth spurt, which is looked into in this report. First and foremost, customer migration to next-generation fixed and mobile telephony (4G+ and FTTH) will generate a significant data traffic, thereby resulting in ARP (address resolution protocol) becoming sturdier. A further rise in pay-TV penetration will result in higher pay-TV revenues to boost the Spain telecom market.
The research report on the Spain telecom market presents a succinct overview of growth trends and technological advancements that will come to the fore during the forecast period. This will assist service providers in gaining a know-how about key opportunities and formulate lucrative growth plans accordingly. Using a combination of the more than 20 charts and tables given in the report, market participants can gain a clear overview of the progression of the Spain telecom market.
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In matters of competition, the report mentions major telecom players in this market with their competitive profile and key business strategies adopted by them for worthwhile moves. The findings of this report are significant for market participants interested in exploring newer opportunities – this can be pursued by aligning product strategies and offerings to keep up with the requirements and attain success in the demanding telecom market in Spain.
The report presents some vital observations about the proceedings in the Spain telecom market. Currently, Spain stands as the fifth largest market for telecom services in Western Europe and is expected to display a strong position as broadband networks expand and data traffic gains increasing revenue in the future. According to the report, the major part of the revenue will be contributed by mobile services, as subscription to mobile data plan soars, driven by rising adoption of 4G services and investments underway by operators for the expansion of LTE-A (long term evolution-advanced) telecom networks. It is expected that mobile and fixed data will contribute 58.2% of the total revenue in 2020, an increase from the 50.1% observed in 2016. Following this, the report states that Movistar, Vodafone, and Orange, the top three operators for mobile, fived, and pay-TV services will collectively enjoy 91.5% of the total revenue in 2016 and this will increase to 92.7% by 2020.
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