Nigeria Wireless Telecommunication Services Market Summary, Competitive Analysis and Forecast to 2027
Summary
Wireless Telecommunication Services in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The wireless telecommunications services market is defined here as including cellular (mobile) phones, pagers, and any other wireless or cellular telecommunication service.
- The Nigerian wireless telecommunication services market had total revenues of $6.9 billion in 2022, representing a compound annual growth rate (CAGR) of 3.3% between 2017 and 2022.
- Market volume increased with a CAGR of 7.4% between 2017 and 2022, to reach a total of 206.4 million subscribers in 2022.
- According to in-house research, the number of fixed-line telephones in the Nigeria declined to 104,749 in 2022 from 105,920 in 2020. With the high penetration rates of wireless telecoms, the market is reaching saturation levels, making it difficult for the market to grow by gaining new subscribers.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wireless telecommunication services market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wireless telecommunication services market in Nigeria
- Leading company profiles reveal details of key wireless telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria wireless telecommunication services market with five year forecasts
- What was the size of the Nigeria wireless telecommunication services market by value in 2022?
- What will be the size of the Nigeria wireless telecommunication services market in 2027?
- What factors are affecting the strength of competition in the Nigeria wireless telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Nigeria's wireless telecommunication services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the key players in this sector?
- 7.3. What strategies do leading players follow?
- 7.4. Have there been any recent developments in the market?
- 8 Company Profiles
- 8.1. MTN Group Limited
- 8.2. Airtel Nigeria
- 8.3. Emerging Markets Telecommunication Services Ltd
- 8.4. Globacom Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Nigeria wireless telecommunication services market value: $ billion, 2017–22
- Table 2: Nigeria wireless telecommunication services market volume: million numbers of subscribers, 2017–22
- Table 3: Nigeria wireless telecommunication services market category segmentation: % share, by value, 2017–2022
- Table 4: Nigeria wireless telecommunication services market category segmentation: $ billion, 2017-2022
- Table 5: Nigeria wireless telecommunication services market geography segmentation: $ billion, 2022
- Table 6: Nigeria wireless telecommunication services market value forecast: $ billion, 2022–27
- Table 7: Nigeria wireless telecommunication services market volume forecast: million numbers of subscribers, 2022–27
- Table 8: Nigeria wireless telecommunication services market share: % share, by volume, 2022
- Table 9: MTN Group Limited: key facts
- Table 10: MTN Group Limited: Annual Financial Ratios
- Table 11: MTN Group Limited: Key Employees
- Table 12: MTN Group Limited: Key Employees Continued
- Table 13: Airtel Nigeria: key facts
- Table 14: Airtel Nigeria: Key Employees
- Table 15: Emerging Markets Telecommunication Services Ltd: key facts
- Table 16: Emerging Markets Telecommunication Services Ltd: Key Employees
- Table 17: Globacom Ltd: key facts
- Table 18: Globacom Ltd: Key Employees
- Table 19: Nigeria size of population (million), 2018–22
- Table 20: Nigeria gdp (constant 2005 prices, $ billion), 2018–22
- Table 21: Nigeria gdp (current prices, $ billion), 2018–22
- Table 22: Nigeria inflation, 2018–22
- Table 23: Nigeria consumer price index (absolute), 2018–22
- Table 24: Nigeria exchange rate, 2018–22
- List of Figures
- Figure 1: Nigeria wireless telecommunication services market value: $ billion, 2017–22
- Figure 2: Nigeria wireless telecommunication services market volume: million numbers of subscribers, 2017–22
- Figure 3: Nigeria wireless telecommunication services market category segmentation: $ billion, 2017-2022
- Figure 4: Nigeria wireless telecommunication services market geography segmentation: % share, by value, 2022
- Figure 5: Nigeria wireless telecommunication services market value forecast: $ billion, 2022–27
- Figure 6: Nigeria wireless telecommunication services market volume forecast: million numbers of subscribers, 2022–27
- Figure 7: Forces driving competition in the wireless telecommunication services market in Nigeria, 2022
- Figure 8: Drivers of buyer power in the wireless telecommunication services market in Nigeria, 2022
- Figure 9: Drivers of supplier power in the wireless telecommunication services market in Nigeria, 2022
- Figure 10: Drivers of degree of rivalry in the wireless telecommunication services market in Nigeria, 2022
- Figure 11: Nigeria wireless telecommunication services market share: % share, by volume, 2022
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