Singapore Telecom Operators Country Intelligence Report

Singapore Telecom Operators Country Intelligence Report

Summary

"Singapore Telecom Operators Country Intelligence Report," a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Singapore today, with detailed forecasts of key indicators up to 2024. Published annually, the report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV markets, as well as a review of key regulatory trends.

Singapore’s telecom and pay-TV services revenue will increase at a CAGR of 3.0% from $4.7 billion in 2019 to $5.5 billion by 2024, supported primarily by revenue growth in fixed broadband and mobile data segments. Mobile data will account for 26.6% of total telecom services revenue in 2019 and will remain the largest revenue contributing segment through 2024. Mobile data revenue will grow at a CAGR of 10.6% over 2019-2024. The growth will be supported by increasing mobile internet subscriptions in the country and growing data ARPU. Pay-TV revenue in Singapore will decline from $0.34 billion in 2019 to $0.31 billion by 2024, owing to growing adoption of OTT TV and online video content.

The Country Intelligence Report provides in-depth analysis of the following -
- Demographic and macroeconomic context in Singapore.
- The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, DTT migration, IoT regulations etc.
- Telecom and pay-TV services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data and pay-TV markets.
- The competitive landscape: an examination of the positioning of leading players in the telecom and pay-TV services market as well as subscription market shares across segments.
- Company snapshots: analysis of the financial position of leading service providers in the telecommunications and pay-TV markets.
- Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Scope

- The overall telecom and pay-TV services revenue in will increase at a CAGR of 3.0% from $4.7 billion in 2019 to $5.5 billion by 2024.
- Mobile data will account for 26.6% of total telecom services revenue in 2019 and will remain the largest revenue contributing segment through 2024. Mobile data revenue will grow at a CAGR of 10.6% over 2019-2024, supported by rising average data consumption, availability of low-priced smartphones and discounts offered by MNOs on device bundle plans.
- Singtel will lead the telecom service market in Singapore, accounting for 47.3%, 59.2%, and 42.1% shares of total subscriptions in mobile, fixed voice, and fixed broadband markets, respectively, in 2019. It is focusing on 5G developments through a pilot project in partnership with Ericsson.

Reasons to buy

- This Country Intelligence Report offers a thorough, forward-looking analysis of Singapore’s telecommunications markets, service providers and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Singapore’s mobile communications, fixed telephony, broadband markets, including the evolution of service provider market shares.
- With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
- The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Singapore’s telecommunications markets.
- The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors and other telecom industry players succeed in the challenging telecommunications market in Singapore.