MarketLine Blog

Posts about Telecoms

Nigerian e-commerce market will lead economic growth: However companies are struggling in the current market environment

MarketLine

Nigeria is seen by many investors as a gateway to the African market: the country has the highest GDP in Africa. Investment has enabled the country to develop its digital market; improving internet services and accessibility has created opportunities for digital businesses. E-commerce has become one of the most lucrative online markets in Nigeria; the rate of internet usage and purchases has continuously increased over the years. The rising amount of online retail purchases has resulted in the e-commerce market in Nigeria reaching a value of $13bn within just ten… Read more

Huawei exerting soft power: International relations strained as Chinese giant seeks overseas expansion

MarketLine

Many governments fear, to varying degrees, the signing of contracts with Huawei will grant intimate access to the government of China – certainly that is the line being pushed by the US government. The New Zealand government gained international attention towards the end of 2018 after the Communications Security Bureau successfully banned mobile phone company Spark from using Huawei equipment in the planned 5G network upgrade. An abrupt cancelling of official Chinese representation at the launch of the much vaunted Year of Chinese Tourism campaign was a rare public statement… Read more

Huawei second bestselling smartphone brand in mid-2017

MarketLine

In June and July 2017, Huawei was found to be the second bestselling smartphone brand globally. Whilst the race to become the top smartphone brand has usually been a two way race between Samsung and Apple, the inclusion of Huawei into this race at least temporarily is indicative of future trends. The company’s fast growth in the most populous parts of the world, namely China and the wider Asia-Pacific region suggests that Huawei is certainly a force to be reckoned with in the coming years. The strong growth potential in… Read more

Global telecommunications services market to rebound and reach $1.3 trillion by 2021, says MarketLine

MarketLine

The global telecommunications services market has experienced decline in recent years, registering a negative compound annual growth rate (CAGR) of 3.4% between 2012 and 2016 to reach a value of $1.2 trillion, according to data from research firm MarketLine. The company’s latest report shows that the market declined significantly in Europe and also underwent contraction in Asia-Pacific (APAC). Low growth in the US was not sufficient to offset these reductions, causing an overall decline on a global scale. Nicholas Wyatt, Analyst for MarketLine, explains: “The global telecommunications market has declined… Read more

Piracy: The social acceptability of theft and its effect on the movie industry

MarketLine

Internet piracy has been around almost as long as the internet itself. Communities exist, consisting of millions of web users, which are dedicated to sourcing, converting and sharing valuable copyrighted material. Some – The Pirate Bay – were the inspiration for political parties. Others – Megaupload – were responsible for accelerating the fortunes of a small group into the billions of dollars. But all major sites have been in the spotlight for a decade, coming and going, constantly switching web hosts from Sweden to Somalia to Costa Rica, managing to… Read more

As budget smartphones gain popularity, global mobile phone market growth will slow to 2020, says MarketLine

MarketLine

Although the widespread adoption of smartphones has created very strong growth in the global mobile phone market over the past five years, this trend is set to slow markedly in the run up to 2020, as competition in the budget smartphone segment increases, and growth in mature markets slows, according to research company Marketline. The company’s latest report states that three consecutive years of double-digit value growth between 2012 and 2014 pushed the global mobile phone market’s compound annual growth rate (CAGR) to an impressive 12.2% from 2011 to 2015,… Read more

SpaceX: turbulent week for Elon Musk

MarketLine

September 01 2016 saw SpaceX (Space Exploration Technologies Corporation) hit the headlines after the explosion of one of its Falcon-9 rockets on the launch pad at Cape Canaveral. The incident, which occurred during a test launch, destroyed the rocket and its cargo – a $200m satellite. The explosion was the latest bad news in a turbulent week for CEO Elon Musk. Shares in Tesla Motors – where Musk is CEO and largest shareholder – dropped 5.3% after it announced it would need to raise additional capital before the end of… Read more

Expectations of rapid MVNO expansion in Middle East

MarketLine

MVNO (mobile virtual network operator) subscription rates are expected to grow rapidly over the next five years in the Middle East region despite the existence of high entry barriers. Firms that can establish themselves as leading market players early on are therefore most likely to reap the rewards of market expansion. Differences in customer preferences and market structure in the Middle East as compared to already established MVNO markets such as Western Europe and North America mean that companies will have to think strategically about business models and market entry… Read more