Rising Internet Users Driving The Nigerian Broadband Market
Number of broadband subscribers in Nigeria is expected to grow at a CAGR of around 9% during 2010 - 2014, says RNCOS research report.
- (1888PressRelease) April 07, 2011 - According to our research report "Nigeria Telecom Sector Analysis", the number of internet users are growing at a very fast pace with rapid telecom infrastructure developments in the country. Moreover, underwater submarine cable (Glo-1) has supplemented the growth by offering faster and cheaper Internet access to the subscribers. With growing internet users, Nigerian broadband market is also expanding in terms of both number of subscribers and revenue. As per our research, it is anticipated that number of broadband subscribers will grow at a CAGR of around 9% during 2010-2014. Additionally, favorable regulatory environment and intense competition among private players would fuel growth in this segment.
Besides, the mobile market of the country has tremendous growth potential. With rapidly improving mobile infrastructure and intense competition among mobile operators, the number of mobile subscribers will grow at a double-digit CAGR during 2010 - 2014. Our study also finds that competition among various telecom operators is increasing as they are now looking for new business expansion and customer retention strategies to sustain and gain higher chunk of the market. In this regard, our report presents an overview of the competitive landscape, in which, leading industry players have been covered along with their marketing strategies.
Our report provides insight into Nigeria's telecom market trends and presents rational analysis of its future potential e.g. WiMax, 3G, 4G etc. The report includes a thorough study of mobile, fixed line, internet services, and broadband services in the country. Our report presents current and future trends in the telecom industry along with an analysis of the telecom service providers. We have also provided a snapshot on Nigeria's regulatory framework with market attractions and roadblocks.
"Nigeria Telecom Sector Analysis" is a thorough study of Nigeria's telecommunications market by our team of experts. The report presents all the information in a coherent manner to make it easy to understand. Our team has included every aspect of the telecom industry to provide the true scenario for clients to investigate, to judge, and to make prudent investment decisions.
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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