The Spanish telecom market is expected to generate $38.6bn in service revenue in 2011 and to grow at a CAGR of 2.1% in the forecast period, according to new research by Research and Markets. Two major growth segments will be broadband Internet and mobile data, which we project to grow at CAGRs of 4.9% and 15.8%, respectively. Accompanying broadband adoption, VoIP will grow at a double-digit CAGR of 24.1%, which translates into a cumulative revenue opportunity of $1.5bn.
The report entitled: "Spain: Network Rollouts Will Drive Opportunities in Broadband and Mobile Data" offers a precise profile of the country's telecommunications, media and technology sectors based on proprietary data from Pyramid'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.
Another outcome of broadband adoption is a sharp decline in dial-up Internet, which we expect to be fully replaced by broadband by 2014. Circuit-switched and mobile voice are two other segments to experience negative growth, with CAGRs of -6.9% and -2.4% in the same period.
Key Findings of the Study:
- Data revenue, which currently constitutes 27% of total service revenue, will grow to reach 41% in 2016, primarily driven by broadband adoption and growing demand for data cards.
- The mobile segment is expected to account for 60% of total telecom services revenue in 2011. The market's 57.9m subscriptions translate to a 125.4% penetration rate.
- The author forecasts VoIP and IPTV services to grow at CAGRs of 24.1% and 8.4%, respectively, piggybacking on the increasing broadband speeds.
For more information visit http://www.researchandmarkets.com/research/044105/spain_telecom_inte
