Wireless Telecommunication Services in Singapore
Summary
Wireless Telecommunication Services in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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 includes cellular (mobile) phones, pagers, and any other wireless or cellular telecommunication service. Market values represent revenues based on payments to operators of all of these services for subscriptions and usage. Market volumes refer to the total number of subscriptions for each of these services. Market shares are in terms of subscription volumes. Regional market shares are at a parent company level.
- The Singaporean wireless telecommunication services market recorded revenues of $2 billion in 2023, representing a negative compound annual growth rate (CAGR) of 3.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 4.1% between 2018 and 2023, reaching a total of 10.2 million subscriptions in 2023.
- The growth of the Singaporean wireless telecommunication services market can also be attributed to the increase in mobile penetration in the region. For instance, according to GlobalData analysis based on information from the World Bank, mobile penetration in Singapore stood at 170.25 per 100 people in 2023, an increase of 0.4% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wireless telecommunication services market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wireless telecommunication services market in Singapore
- 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 Singapore wireless telecommunication services market with five year forecasts
- What was the size of the Singapore wireless telecommunication services market by value in 2023?
- What will be the size of the Singapore wireless telecommunication services market in 2028?
- What factors are affecting the strength of competition in the Singapore wireless telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore'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. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What strategies do the leading players follow?
- 7.4. What are the most recent market developments?
- 8 Company Profiles
- 8.1. StarHub Ltd
- 8.2. M1 Ltd
- 8.3. TPG Telecom Ltd
- 8.4. Singtel Optus Pty 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 wireless telecommunication services market value: $ billion, 2018-23
- Table 2: Singapore wireless telecommunication services market volume: million subscriptions, 2018-23
- Table 3: Singapore wireless telecommunication services market category segmentation: % share, by value, 2018-2023
- Table 4: Singapore wireless telecommunication services market category segmentation: $ billion, 2018-2023
- Table 5: Singapore wireless telecommunication services market geography segmentation: $ billion, 2023
- Table 6: Singapore wireless telecommunication services market value forecast: $ billion, 2023-28
- Table 7: Singapore wireless telecommunication services market volume forecast: million subscriptions, 2023-28
- Table 8: Singapore wireless telecommunication services market share: % share, by volume, 2023
- Table 9: StarHub Ltd: key facts
- Table 10: StarHub Ltd: Annual Financial Ratios
- Table 11: StarHub Ltd: Key Employees
- Table 12: M1 Ltd: key facts
- Table 13: M1 Ltd: Key Employees
- Table 14: TPG Telecom Ltd: key facts
- Table 15: TPG Telecom Ltd: Annual Financial Ratios
- Table 16: TPG Telecom Ltd: Key Employees
- Table 17: Singtel Optus Pty Ltd: key facts
- Table 18: Singtel Optus Pty Ltd: Key Employees
- Table 19: Singapore size of population (million), 2019-23
- Table 20: Singapore real gdp (constant 2010 prices, $ billion), 2019-23
- Table 21: Singapore gdp (current prices, $ billion), 2019-23
- Table 22: Singapore inflation, 2019-23
- Table 23: Singapore consumer price index (absolute), 2019-23
- Table 24: Singapore exchange rate, 2018-23
- List of Figures
- Figure 1: Singapore wireless telecommunication services market value: $ billion, 2018-23
- Figure 2: Singapore wireless telecommunication services market volume: million subscriptions, 2018-23
- Figure 3: Singapore wireless telecommunication services market category segmentation: $ billion, 2018-2023
- Figure 4: Singapore wireless telecommunication services market geography segmentation: % share, by value, 2023
- Figure 5: Singapore wireless telecommunication services market value forecast: $ billion, 2023-28
- Figure 6: Singapore wireless telecommunication services market volume forecast: million subscriptions, 2023-28
- Figure 7: Forces driving competition in the wireless telecommunication services market in Singapore, 2023
- Figure 8: Drivers of buyer power in the wireless telecommunication services market in Singapore, 2023
- Figure 9: Drivers of supplier power in the wireless telecommunication services market in Singapore, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the wireless telecommunication services market in Singapore, 2023
- Figure 11: Factors influencing the threat of substitutes in the wireless telecommunication services market in Singapore, 2023
- Figure 12: Drivers of degree of rivalry in the wireless telecommunication services market in Singapore, 2023
- Figure 13: Singapore wireless telecommunication services market share: % share, by volume, 2023
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