After 2010, a year that saw a market value contraction of a little more than 30%, the telecommunications services market in Venezuela is estimated to grow 9.5% during 2011. All services will experience growth as a consequence of the increased adoption and geographic coverage of services, and going forward, we expect the market to expand at a 3.9% CAGR, fueled by increasing revenue coming from fixed and mobile data services. We expect mobile data to account for 30% of total service revenue in 2016, compared with 24% in 2011. Pay-TV will become a more competitive market with the addition of pay-TV services as part of Cantv’s offering, and while pay-TV penetration remains comparatively low in Venezuela at only 41% of households, we expect pay-TV to see moderate growth during the forecast period (only 4.8% CAGR). The main drivers of growth will be VoIP (42.3% CAGR), fixed broadband (16.2% CAGR) and mobile data (8.2% CAGR).
Table of Contents
Market and Competitor Overview
Venezuela in a regional context
Economic, demographic and political context
Major market players
The Venezuela Intelligence Report is the industry’s best available analysis on market trends, regulatory environments, and competitive dynamics, providing detailed competitive analysis on fixed and mobile sectors, tracking market adoption of new technologies and services such as WiMAX, IPTV, and VoIP.
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