|By Business Wire||
|September 13, 2013 06:49 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/nm26nf/slovakia_telecom) has announced the addition of the "Slovakia Telecom Intelligence Report: Fixed and Mobile Data Network Expansion to Drive Telecom Market Growth" report to their offering.
In 2013, the Slovak telecom market will generate 1.6bn ($2.1bn) in service revenue, growing 1.0% year on year in local currency terms. The author expects the telecom market to grow at a CAGR of 3.6% in local terms between 2013 and 2018, reaching 1.9bn ($2.4bn) by 2018. Mobile voice will remain an important revenue stream, accounting for just less than half of total telecom revenue by 2018 and generating a cumulative 5.1bn ($6.5bn) in service revenue during the forecast period. Data demand keeps growing, along with operators' continuing network investments. We expect total data (fixed and mobile) revenue to grow at a CAGR of 9.0% in local terms. Mobile data alone will grow at a 10.3% CAGR in local currency over the forecast period, generating a cumulative 2.6bn ($3.3bn) in service revenue.
Heavy investments in Slovakia's data segment will result in its total share of the revenue pie increasing from 37.5 percent in 2013 to 48.1 percent by 2018, an almost 11 percent increase, according to this new report.
Slovakia: Fixed and Mobile Data Network Expansion to Drive Telecom Market Growth offers a precise profile of the country's telecommunications, media and technology sectors based on proprietary data from the author's research in the market. It provides a 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.
"With strong regulatory pressure on the voice segment in both fixed and mobile markets and the uptake of mobile devices like smartphones and tablets, operators must turn their focus to the growth of data services," says Olena Kaplan, Pyramid Research Associate Analyst. Operators should look to monetize their investments in high broadband technologies like VDSL, FTTX and Docsis through innovative value-added services (VAS) such as next-generation surveillance, HD videoconferencing, cloud storage computing and video-on-demand (VoD) streaming, with immediate opportunities mostly located in urban and dense areas. The expected 4G/LTE license auction will allow operators to expand these services by providing on-the-go solutions, for example, smart homes, videoconferencing, m-payment services and others, she notes.
For more information visit http://www.researchandmarkets.com/research/nm26nf/slovakia_telecom
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.