Singapore Mobile Phones Market Summary, Competitive Analysis and Forecast to 2027
Summary
Mobile Phones in Singapore 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 Mobile Phones market includes mobile phone service revenues and average minutes of use (MOU). Market values are made up of total mobile revenues containing revenues from mobile service providers and other members of the mobile service value-chain for the provision of mobile telephony services, excluding revenues from the sale of devices. Market volumes are made up of two segments: prepaid and postpaid, which consist of prepaid average monthly MOU and postpaid average monthly MOU. Minutes of use are made up from the average of voice minutes used in mobile subscriptions, including both incoming and outgoing calls, but not including M2M/IoT voice services.
- The Singaporean mobile phones market had total revenues of $1.8 billion in 2022, representing a negative compound annual growth rate (CAGR) of 7.4% between 2017 and 2022.
- Market consumption volumes declined with a CAGR of 12.0% between 2017 and 2022, to reach a total of 274.8 average MOU in 2022.
- The Singaporean mobile phones market has saturated due to the high penetration of mobiles and smartphones in the country. Singapore had a high mobile penetration rate of 157% in 2020.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the mobile phones market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the mobile phones market in Singapore
- Leading company profiles reveal details of key mobile phones market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore mobile phones market with five year forecasts
- What was the size of the Singapore mobile phones market by value in 2022?
- What will be the size of the Singapore mobile phones market in 2027?
- What factors are affecting the strength of competition in the Singapore mobile phones market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's mobile phones 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 rivalry
- 1.8. 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. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do leading players follow?
- 7.3. Have there been any significant mergers or acquisitions in recent years?
- 8 Company Profiles
- 8.1. Singapore Telecommunications Ltd
- 8.2. M1 Ltd
- 8.3. StarHub Ltd
- 8.4. TPG Telecom 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: Singapore mobile phones market value: $ billion, 2017–22
- Table 2: Singapore mobile phones market volume: Average MOU, 2017–22
- Table 3: Singapore mobile phones market category segmentation: % share, by volume, 2017–2022
- Table 4: Singapore mobile phones market category segmentation: Average MOU, 2017-2022
- Table 5: Singapore mobile phones market geography segmentation: $ billion, 2022
- Table 6: Singapore mobile phones market value forecast: $ billion, 2022–27
- Table 7: Singapore mobile phones market volume forecast: Average MOU, 2022–27
- Table 8: Singapore Telecommunications Ltd: key facts
- Table 9: Singapore Telecommunications Ltd: Annual Financial Ratios
- Table 10: Singapore Telecommunications Ltd: Key Employees
- Table 11: M1 Ltd: key facts
- Table 12: M1 Ltd: Key Employees
- Table 13: StarHub Ltd: key facts
- Table 14: StarHub Ltd: Annual Financial Ratios
- Table 15: StarHub Ltd: Key Employees
- Table 16: TPG Telecom Ltd: key facts
- Table 17: TPG Telecom Ltd: Annual Financial Ratios
- Table 18: TPG Telecom Ltd: Key Employees
- Table 19: Singapore size of population (million), 2018–22
- Table 20: Singapore gdp (constant 2005 prices, $ billion), 2018–22
- Table 21: Singapore gdp (current prices, $ billion), 2018–22
- Table 22: Singapore inflation, 2018–22
- Table 23: Singapore consumer price index (absolute), 2018–22
- Table 24: Singapore exchange rate, 2018–22
- List of Figures
- Figure 1: Singapore mobile phones market value: $ billion, 2017–22
- Figure 2: Singapore mobile phones market volume: Average MOU, 2017–22
- Figure 3: Singapore mobile phones market category segmentation: Average MOU, 2017-2022
- Figure 4: Singapore mobile phones market geography segmentation: % share, by value, 2022
- Figure 5: Singapore mobile phones market value forecast: $ billion, 2022–27
- Figure 6: Singapore mobile phones market volume forecast: Average MOU, 2022–27
- Figure 7: Forces driving competition in the mobile phones market in Singapore, 2022
- Figure 8: Drivers of buyer power in the mobile phones market in Singapore, 2022
- Figure 9: Drivers of supplier power in the mobile phones market in Singapore, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the mobile phones market in Singapore, 2022
- Figure 11: Factors influencing the threat of substitutes in the mobile phones market in Singapore, 2022
- Figure 12: Drivers of degree of rivalry in the mobile phones market in Singapore, 2022
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