
Telecommunication Services in Colombia
Description
Telecommunication Services in Colombia
Summary
Telecommunication Services in Colombia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 telecommunication services market is defined as the total volume and value of both the fixed line and the wireless telecommunications market. The market volume here is defined as the number of fixed-line and wireless subscriptions.
- The Colombian telecommunication services market recorded revenues of $6.3 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 5.6% between 2018 and 2023, reaching a total of 98.3 million subscriptions in 2023.
- The growth in the market is also attributed to the increase in mobile penetration. According to the World Bank, mobile penetration in Colombia reached 158.5 per 100 people in 2023, an increase of 1.7% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the telecommunication services market in Colombia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Colombia
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Colombia telecommunication services market with five year forecasts by both value and volume
- What was the size of the Colombia telecommunication services market by value in 2023?
- What will be the size of the Colombia telecommunication services market in 2028?
- What factors are affecting the strength of competition in the Colombia telecommunication services market?
- How has the market performed over the last five years?
- Who are the top competitors in Colombia's telecommunication services market?
Table of Contents
42 Pages
- 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 key market players?
- 7.2. What strategies do the key market players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Claro Colombia
- 8.2. Millicom International Cellular SA
- 8.3. Telefonica, S.A.
- 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: Colombia telecommunication services market value: $ billion, 2018-23
- Table 2: Colombia telecommunication services market volume: million Subscriptions, 2018-23
- Table 3: Colombia telecommunication services market category segmentation: % share, by value, 2018-2023
- Table 4: Colombia telecommunication services market category segmentation: $ billion, 2018-2023
- Table 5: Colombia telecommunication services market geography segmentation: $ billion, 2023
- Table 6: Colombia telecommunication services market value forecast: $ billion, 2023-28
- Table 7: Colombia telecommunication services market volume forecast: million Subscriptions, 2023-28
- Table 8: Claro Colombia: key facts
- Table 9: Claro Colombia: Key Employees
- Table 10: Millicom International Cellular SA: key facts
- Table 11: Millicom International Cellular SA: Annual Financial Ratios
- Table 12: Millicom International Cellular SA: Key Employees
- Table 13: Telefonica, S.A.: key facts
- Table 14: Telefonica, S.A.: Annual Financial Ratios
- Table 15: Telefonica, S.A.: Key Employees
- Table 16: Telefonica, S.A.: Key Employees Continued
- Table 17: Colombia size of population (million), 2019-23
- Table 18: Colombia real gdp (constant 2010 prices, $ billion), 2019-23
- Table 19: Colombia gdp (current prices, $ billion), 2019-23
- Table 20: Colombia inflation, 2019-23
- Table 21: Colombia consumer price index (absolute), 2019-23
- Table 22: Colombia exchange rate, 2018-23
- List of Figures
- Figure 1: Colombia telecommunication services market value: $ billion, 2018-23
- Figure 2: Colombia telecommunication services market volume: million Subscriptions, 2018-23
- Figure 3: Colombia telecommunication services market category segmentation: $ billion, 2018-2023
- Figure 4: Colombia telecommunication services market geography segmentation: % share, by value, 2023
- Figure 5: Colombia telecommunication services market value forecast: $ billion, 2023-28
- Figure 6: Colombia telecommunication services market volume forecast: million Subscriptions, 2023-28
- Figure 7: Forces driving competition in the telecommunication services market in Colombia, 2023
- Figure 8: Drivers of buyer power in the telecommunication services market in Colombia, 2023
- Figure 9: Drivers of supplier power in the telecommunication services market in Colombia, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in Colombia, 2023
- Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in Colombia, 2023
- Figure 12: Drivers of degree of rivalry in the telecommunication services market in Colombia, 2023
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