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Singapore Telecom Market (Mobile, Fixed) Profile and Analysis Report on The 'Smart Nation'


News provided by

Market Reports Online

07 Jan, 2015, 01:30 GMT

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DALLAS, January 7, 2015 /PRNewswire/ --

MarketReportsOnline.com adds 3 Singapore telecommunications market reports titled Singapore: As Country Transforms into Smart Nation, Operators Focus on Network Deployment to Reap the Benefits of 4G, Singapore - Telecoms, Mobile and Broadband as well as Singapore Telecommunications Report Q1 2015 to its store.

In 2014, Singapore's telecommunication service market will generate estimated revenue of $5.1bn, up 2.8% from 2013. The market is one of the most mature and saturated in the Asia-Pacific region but comparatively small given Singapore's population of 5.5m in 2014. Still, Singapore's telecommunications market is expected to grow at a stable pace as compared with other developed markets in the region over the forecast period. We expect mobile and broadband Internet access services to be key growth contributors to service revenue. Pyramid Research estimates Singapore's revenue from telecom services to reach $5.8bn by 2019. Complete report titled Singapore: As Country Transforms into Smart Nation, Operators Focus on Network Deployment to Reap the Benefits of 4G is available at http://www.marketreportsonline.com/383473.html .

Singapore's telecom services market is a consolidated market dominated by three integrated players. The top three operators, SingTel, StarHub and M1, offering fixed, broadband, pay-TV and mobile services, are expected to account for 98.0% of total service revenue in 2014. SingTel is the market leader in IPTV, fixed and mobile markets, while StarHub controls the cable TV segment and is also trying to make inroads into the IPTV segment. The telecom market is expected to remain competitive, though we expect no major changes in operators' market shares over the next five years.

Adoption of 3G technologies in Singapore peaked at 72.4% of the mobile subscription base in 2012; we project this will decline to 12.0% in 2019 due to growing availability of 4G/LTE networks and LTE-enabled smartphones. LTE subscriptions are expected to reach 8.0m or 88.0% of total mobile subscriptions in Singapore by 2019.

Over the next five years, operators should strengthen their portfolio of service offerings after the additional distribution of spectrum in the 1800MHz and 2500MHz bands, as this would boost operator initiatives for launching LTE services, as they gain confidence about their spectrum holding. With increasing adoption of LTE in the market and broadband penetration incentives from the government, device vendors and network equipment manufacturers will have plenty of opportunities for growth alongside operators. Order a copy of this research at http://www.marketreportsonline.com/contacts/purchase.php?name=383473 .

The Singapore - Telecoms, Mobile and Broadband market research report provides a comprehensive overview of the trends and developments in telecommunications and digital media markets in Singapore. Subjects covered include: Key Statistics, Markets, Industry Overviews and Analysis, Regulatory Environment, Major Telecom Operators (Mobile, Fixed, Broadband), Infrastructure, including NBN strategy, Mobile Voice and Data Markets, Internet, VoIP, IPTV, Broadband (DSL, cable, FttX, wireless) and Digital Media.  Singapore's 3G market segment has been on a growth surge over recent years but by 2014 it had already moved into decline with the advent of 4G. By August 2014 there were already 2.8 million 4G subscribers, this being a remarkable 50% penetration (population).

With the government pushing to move Singapore into the forefront of IT development, the IDA announced back in 2008 that S$1 billion (US$725 million) had been allocated by the government to support the building and operating of a national optical fibre-based network as part of what was called the Next Generation National Infocomm Infrastructure (Next Gen NII); the strategy also included a wireless network. Despite some problems with the rate of roll out, the development of this national network has been proceeding and by 2014 the rate of take up of fibre-based service was rapid indeed. In the 12 months to August 2014 fibre-based subscriptions had increased by around 100%.

As Singapore's mobile market continues its expansion, the numbers of fixed broadband access and data services are increasing at an impressive rate. The Residential Wired Broadband Household Penetration Rate, for example, had reached around 108% by mid-2014. With strong leadership from its government and good support from its telecom service providers, Singapore is both a regional leader and a global player in telecommunications. The island-state certainly generates a positive outlook in its local telecommunications sector. The country has built what is widely seen as a high quality and extremely progressive telecommunications regulatory regime that has, in turn, resulted in a richly competitive market. Order a copy of this research at http://www.marketreportsonline.com/contacts/purchase.php?name=56408 .

The Singapore Telecommunications Report Q1 2015 says Singapore continues to demonstrate its outperformance as the country continues to harbor growth opportunities due to consumers' high purchasing power and strong appetite for new products and services. In particular, 4G and fibre optics are growing rapidly and cannibalising subscriptions from older 3G, xDSL and cable technology. Its small geographic size lowers the burden of capital expenditures, and mobile penetration and blended average revenue per user (ARPU) are among the highest in the region.

Singapore has one of the smallest populations in the region, limiting its overall growth opportunities, and fierce competition between SingTel, M1 and StarHub is weighing on margins. However, it is also driving innovation and investment with new plans and services creating additional revenue streams in the industry. This research forecasts that Singapore's mobile sector will grow by about 1% annually between 2013 and 2018, owing to the high penetration and a shift in operators' strategies. 4G subscribers reached 2.876mn in Q314, growing by 1.3mn over the year while 3G has declined by 575,000. Comprehensive Table of Contents and more on this report is available at http://www.marketreportsonline.com/382428-toc.html .

Explore more market reports on Singapore and its Information Technology as well as Telecommunications industries at http://www.marketreportsonline.com/cat/information-technology-market-research.html .

About Us:
MarketReportsOnline.com is digital library of syndicated market research reports and in-depth studies of 5000+ micro markets. We provide reports by 100+ publishers on a range of categories and industries.

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