TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Industry Announcements

Tracker

Worldwide spending on telecommunications services and pay TV services set to grow by 2% in 2018

Via IDC

Dec 5, 2017

FRAMINGHAM, Mass. December 4, 2017 – Worldwide spending on Telecom Services and Pay TV Services is forecast to reach nearly $1.7 billion in 2017, an increase of 1.7% over 2016, according to the International Data Corporation (IDC) Worldwide Telecom Services Database. IDC expects worldwide spending on Telecom and Pay TV services to grow 2% year over year and surpass $1.7 billion in 2018.

The largest segment of the market is Mobile which represents 52% of the total market in 2017. The Mobile market is expected to have a compound annual growth rate (CAGR) of 2% over the 2017-2021 forecast period, driven by the growth in mobile data usage and M2M applications, which is offsetting declines in spending on mobile voice and messaging services. Fixed Data service spending represents 21% of the total market in 2017 and that is set to grow by a CAGR of 4% driven by the need for higher bandwidth services.

The Pay TV services market, which consists of Cable, Satellite, Internet protocol (IP), and Digital Terrestrial TV services, will remain flat over the five-year forecast period. However, these services are an increasingly important part of the multi-play offerings of telecom providers across the world. Spending on multi-play services is forecast to increase by 9% in 2017 and by 7% in 2018. Spending on Fixed Voice services will experience a CAGR of -6% over the forecast period and will represent less than 10% of the total market by 2021. Rapidly declining TDM Voice revenues are not being offset by the increase in IP Voice.

On a geographic basis, the Americas will be the largest services market with revenues of $635 billion in 2017, driven by the large North American sector. Asia/Pacific will be the second largest region, followed by EMEA. The markets with the fastest year-over-year growth in 2017 will mainly be the emerging markets of Asia/Pacific, followed by EMEA.

Global Regional Services 2017 Revenue and Year-Over-Year Growth (revenues in $US billions)

Global Region 2017 Revenue 17/18 Growth
Americas $635 0.60%
Asia/Pacific $545 3.50%
EMEA $492 1.10%
Grand Total $1,672 1.70%

Source: IDC Worldwide Semiannual Services Tracker 1H 2017

"The steady growth in the worldwide telecom market is driven by the need for IP services and higher bandwidth services, which are more than offsetting declining legacy telecom services," said Courtney Munroe, group vice president, Worldwide Telecommunications Research at IDC.

"Mobility is and will dominate the overall telecom market as users in both developing and developed markets increasingly see mobile services based on 3G, 4G and, in the near future, 5G, as a key component of both personal and business communications," said Kresimir Alic, senior program manager, CEMA Telecoms & Networking, and Worldwide Telecom Services Database.

Related Topics
  • Device Software & Apps,
  • Digital Platforms and Services,
  • IDC,
  • Mobile,
  • News,
  • North America,
  • Research and Trials,
  • Tracker

More Like This

Open RAN

Aira Technologies Inc. develops world’s first AI-based channel estimation and prediction xApp

Feb 8, 2023

5G Evolution

Qualcomm introduces the world's first 5G NR-light modem-RF system to fuel a new wave of 5G devices

Feb 8, 2023

5G Evolution

Verizon achieves upload speeds surpassing 1Gbit/s

Feb 8, 2023

Open RAN

NEC touts "truly open, truly trusted" approach to network ecosystems for 5G and beyond at MWC 2023 in Barcelona

Feb 8, 2023

Digital Platforms and Services

Vonage recognised as established leader in conversational commerce by Juniper Research

Feb 8, 2023

This content extract was originally sourced from an external website (IDC) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

0:46

The Cloud Native Telco Summit returns this September!

8:32

Azita Arvani on Being a Female Leader at Rakuten Symphony

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

1:44

Join us for the greatest industry debate of the year!

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).