Guinea-Bissau Telecom Services Market Analysis and Forecast to 2028

Guinea-Bissau Telecom Services Market Analysis and Forecast to 2028

Summary

Total telecom services revenue in Guinea-Bissau will grow at a CAGR of 4.6%, supported by revenue growth in mobile data and fixed broadband segments. Mobile data service revenue will grow at a CAGR of 8.9% during 2023-2028. This growth will be driven by an increasing number of internet subscriptions, rising consumption of 3G and 4G mobile data services, and subsequent increase in mobile data service ARPU. Fixed broadband service revenue, meanwhile, will increase at a CAGR of 14.6%, supported by growing adoption of fixed broadband services. This growth will be facilitated by the increased connectivity brought about by international submarine cables, such as the ACE cable.

The launch of Africa Coast to Europe (ACE) submarine cable and planned deployment of Amilcar Cabral submarine cable will enhance international capacity, support the rollout of fixed broadband services, and position enable telcos to promote premium and bundled plans for ARPU uplift as well improve customer experience. Expansion and upgrades will enable MNOs to drive the uptake of higher ARPU consumer plans.

Guinea-Bissau Telecom Services Market Analysis and Forecast to 2028, a Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Guinea Bissau today, with detailed forecasts of key indicators up to 2028. 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, and mobile segments, as well as a review of key regulatory trends.

The Country Intelligence Report provides in-depth analysis of the following -

• Demographic and macroeconomic context in Guinea-Bissau.
• 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, national broadband plans, tariff regulation, and more.
• Telecom services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, and mobile data markets.
• The competitive landscape: an examination of the positioning of leading players in the telecom services market as well as subscription market shares across segments.
• Company snapshots: analysis of the financial position of leading service providers in the telecommunications 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

• Overall telecom service revenue in Guinea-Bissau will grow at a CAGR of 4.6% during 2023-2028.
• Mobile data revenue will reach $50.6 million in 2028, driven by an increasing number of internet subscriptions, rising consumption of 3G and 4G mobile data services, and subsequent increase in mobile data service ARPU.
• 3G will be the primary mobile technology in Guinea-Bissau in 2023.

Reasons to Buy

• This Country Intelligence Report offers a thorough, forward-looking analysis of Guinea-Bissau’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 Guinea-Bissau’s mobile communications, fixed telephony, and 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 Guinea-Bissau’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 Guinea-Bissau.