Wireless Telecommunications Carriers in Australia - Industry Market Research Report

Wireless Telecommunications Carriers in Australia - Industry Market Research Report

Wireless Telecommunications Carriers in Australia

Interest rate hikes and inflationary pressures have bled into the Wireless Telecommunications Carriers industry. Household budgets have tightened as the cost of living skyrockets, subduing mobile and data plan upgrades. Working-from-home trends have further decelerated the industry, as consumers travelled to work less and tapped into their wired at-home networks for a long time. Industry revenue is expected to inch downwards at an annualised 0.1% over the five years through 2022-23, to $22.9 billion. Demand for constant connectivity and higher data usage has supported industry expansion in recent years, tempering revenue drops. Revenue is anticipated to rebound by 1.5% in 2022-23 as consumers return to offices and mobile coverage improves and expands.

The industry includes carriers that operate and maintain transmission and switching facilities to deliver direct communications through airwaves. The industry also includes establishments that provide wireless telecommunications network services and those that supply and maintain equipment used to receive signals.

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."