Internet Service Providers and Web Search Portals in New Zealand - Industry Market Research Report

Internet Service Providers and Web Search Portals in New Zealand - Industry Market Research Report

Internet Service Providers and Web Search Portals in New Zealand

The industry has flourished over time, with growing demand for subscription video on demand (SVOD) services being a key driver for industry growth. The rollout of the Ultra-Fast Broadband (UFB) initiative has also bolstered New Zealand's internet infrastructure quality, allowing higher speeds and encouraging industry demand. As more households have sign up to internet plans, the market continues to approach its saturation point, threatening revenue growth. Industry revenue is expected to grow at an annualised 0.1% over the five years through 2023-24 to $1.5 billion. This trend includes a dip of 1.1% in the current year, as cost of living concerns ripple through industry consumers.

Operators in the industry are mainly engaged in providing internet access services. Units that provide web search portals used to search the internet are also included.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.