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Wireless Telecommunication Services in Nigeria

Publisher MarketLine
Published Jun 19, 2025
Length 40 Pages
SKU # MTLN20391112

Description

Wireless Telecommunication Services in Nigeria

Summary

Wireless Telecommunication Services in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • 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 these services for subscriptions and usage. Market volumes refer to the total subscriptions for each of these services. Market shares represent subscription volumes.
  • The Nigerian wireless telecommunication services market recorded revenues of $2.5 billion in 2024, representing a negative compound annual growth rate (CAGR) of 17.7% between 2019 and 2024.
  • Market consumption volumes declined with a negative CAGR of 4.4% between 2019 and 2024, reaching a total of 144 million subscriptions in 2024.
  • In 2024, Nigeria’s wireless telecommunications market experienced a decline, primarily driven by persistent inflation and broader economic challenges that constrained consumer spending. According to the National Bureau of Statistics, inflation rose from 33.9% in October to 34.6% in November 2024, significantly increasing the cost of living and reducing household disposable income.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wireless telecommunication services market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wireless telecommunication services market in Nigeria
  • 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 Nigeria wireless telecommunication services market with five year forecasts
Reasons to Buy
  • What was the size of the Nigeria wireless telecommunication services market by value in 2024?
  • What will be the size of the Nigeria wireless telecommunication services market in 2029?
  • What factors are affecting the strength of competition in the Nigeria wireless telecommunication services market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Nigeria's wireless telecommunication services market?

Table of Contents

40 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 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 are the strategies of the leading players?
7.4. What have been the recent developments in the market?
8 Company Profiles
8.1. MTN Nigeria Communications Plc
8.2. Airtel Nigeria
8.3. Globacom Ltd
8.4. Emerging Markets Telecommunication Services 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: Nigeria wireless telecommunication services market value: $ billion, 2019-24
Table 2: Nigeria wireless telecommunication services market volume: million subscriptions, 2019-24
Table 3: Nigeria wireless telecommunication services market category segmentation: % share, by value, 2019-24
Table 4: Nigeria wireless telecommunication services market category segmentation: $ billion, 2019-24
Table 5: Nigeria wireless telecommunication services market geography segmentation: $ billion, 2024
Table 6: Nigeria wireless telecommunication services market value forecast: $ billion, 2024-29
Table 7: Nigeria wireless telecommunication services market volume forecast: million subscriptions, 2024-29
Table 8: Nigeria wireless telecommunication services market share: % share, by value, 2024
Table 9: MTN Nigeria Communications Plc: Key Facts
Table 10: MTN Nigeria Communications Plc: Annual Financial Ratios
Table 11: MTN Nigeria Communications Plc: Key Employees
Table 12: Airtel Nigeria: Key Facts
Table 13: Airtel Nigeria: Key Employees
Table 14: Globacom Ltd: Key Facts
Table 15: Emerging Markets Telecommunication Services Ltd: Key Facts
Table 16: Emerging Markets Telecommunication Services Ltd: Key Employees
Table 17: Nigeria Size of Population (Million), 2020-24
Table 18: Nigeria Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 19: Nigeria GDP (Current Prices, $ Billion), 2020-24
Table 20: Nigeria Inflation, 2020-24
Table 21: Nigeria Consumer Price Index (Absolute), 2020-24
Table 22: Nigeria Exchange Rate, 2019-24
List of Figures
Figure 1: Nigeria wireless telecommunication services market value: $ billion, 2019-24
Figure 2: Nigeria wireless telecommunication services market volume: million subscriptions, 2019-24
Figure 3: Nigeria wireless telecommunication services market category segmentation: $ billion, 2019-24
Figure 4: Nigeria wireless telecommunication services market geography segmentation: % share, by value, 2024
Figure 5: Nigeria wireless telecommunication services market value forecast: $ billion, 2024-29
Figure 6: Nigeria wireless telecommunication services market volume forecast: million subscriptions, 2024-29
Figure 7: Forces driving competition in the wireless telecommunication services market in Nigeria, 2024
Figure 8: Drivers of buyer power in the wireless telecommunication services market in Nigeria, 2024
Figure 9: Drivers of supplier power in the wireless telecommunication services market in Nigeria, 2024
Figure 10: Factors influencing the likelihood of new entrants in the wireless telecommunication services market in Nigeria, 2024
Figure 11: Factors influencing the threat of substitutes in the wireless telecommunication services market in Nigeria, 2024
Figure 12: Drivers of degree of rivalry in the wireless telecommunication services market in Nigeria, 2024
Figure 13: Nigeria wireless telecommunication services market share: % share, by value, 2024

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