Global Telecoms Trends - The Big Picture 2018 - Key Industry Statistics
In 2018 the global telecommunications market continues its transformation into the industry underpinning the digital, sharing and interconnected economy. This evolution is mainly driven by the ongoing innovations and technological developments that are taking place and the industry is working hard to keep up with these rapid changes.
The underlying trends of M2M, Big Data Analytics, Cloud Computing and the over-arching Internet of Things continues to grow from strength to strength.
Telcos are focused more heavily on customer retention and churn in the face of dwindling revenues brought about market saturation and the disruptive rise of the OTT players. Many operators are improving mobile and fixed broadband infrastructure with an eye to the future. Some operators are also looking at the vertical markets offered by developments in Internet, TV and video-streaming to boost revenue streams and others are expanding regionally or internationally. Bundling of services has been a growing trend over the past ten years or so and many countries around the world have embraced this service model.
4G LTE deployment and network upgrades are is a key trend around much of the world and in appropriate markets there is also a keen investment in fixed broadband based on fibre. 5G developments have gained pace and will continue to be a key area of focus in 2018 and beyond.
This report provides a summary of key trends for the global telecoms sector for 2018 and beyond. This valuable report also includes recent and current key statistics for the overall global telecoms industry as well as statistics for the mobile, mobile broadband, Internet, satellite and fixed broadband sectors. It includes a ranking of the top Telcos as well as global telecoms CAPEX and revenue. For further statistics and trends on the global mobile market, see separate BuddeComm reports.
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