Nigeria Telecom Operators Country Intelligence Report

Nigeria Telecom Operators Country Intelligence Report

Summary

Nigeria Telecom Operators Country Intelligence Report, a new report by GlobalData, provides an executive-level overview of the telecommunications market in Nigeria 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, mobile, and pay-TV markets, as well as a review of key regulatory trends.

Total telecom and pay-TV service revenue in Nigeria will grow at a CAGR of 2.9% over the forecast period 2023-2028, primarily supported by contributions from mobile data, fixed broadband, and pay-TV service segments. Mobile data service revenue will grow at a five-year CAGR of 5.7%, driven by increasing smartphone subscriptions, growing data consumption, and growth in adoption of high ARPU yielding 4G and 5G services, and increasing mobile data ARPU over the forecast period. Fixed broadband services revenue will also grow at a CAGR of 14.6% across the forecast period, driven by steady growth in adoption of fixed wireless services and robust growth in fiber lines, on the back of ongoing efforts by the government to expand fixed broadband network coverage in the country.

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

• Demographic and macroeconomic context in Nigeria.
• 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 Nigeria will grow at a CAGR of 2.9% during the forecast period 2023-2028.
• Mobile data service revenue will grow at a five-year CAGR of 5.7%, driven by increasing smartphone subscriptions, growing data consumption, and growth in adoption of high ARPU yielding 4G and 5G services, and increasing mobile data ARPU over the forecast period.
• Fixed broadband services revenue will also grow at a CAGR of 14.6% across the forecast period, driven by steady growth in adoption of fixed wireless services and robust growth in fiber lines, on the back of ongoing efforts by the government to expand fixed broadband network coverage in the country.

Reasons to Buy

• This Country Intelligence Report offers a thorough, forward-looking analysis of Nigeria’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 Nigeria’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 Nigeria’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 Nigeria.