"The Report Myanmar: 4G
Investment and New Market Entrants to Boost Burgeoning Telecoms
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A
new market research study has recently been added by
MarketResearchReports.biz to its vast repository of research reports.
The 30-page research study, titled “Myanmar:
4G Investment and New Market
Entrants to Boost Burgeoning Telecoms Market,” offers a detailed
overview of the market. The growth prospects of the telecom market in
Myanmar and the major challenges faced by the key players have been
addressed in the research report. In addition, the key segmentation,
technological advancements, product portfolio, and the competitive
landscape of the market have been included in the scope of the
research study.
According
to the research study, in 2016, the telecom market in Myanmar was
worth US$3.1 bn. The market is expected to exhibit a healthy 4.0%
CAGR between 2016 and 2021. The robust growth of the market can be
attributed to the promising rise in the fixed data and mobile
revenues. In the next few years, the key operators in the market are
expected to focus on planning to invest in the enhancement of the
network infrastructure and expand their 4G services. These factors
are estimated to accelerate the growth of the telecom market in
Myanmar in the next few years. In addition, the vendor are
anticipated to have several growth opportunities to support 4G
rollout initiatives by the leading operators.
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The
mobile revenues is estimated to account for a share of 94.9% of the
overall telecom market by the end of 2021 and the segment is likely
to register a strong growth throughout the forecast period. In the
next few years, 3G is expected to remain the most used mobile
technology and the number of mobile subscribers is predicted to rise
significantly. Furthermore, the rising adoption and acceptance of 4G
network in Myanmar is expected to offer promising and lucrative
growth opportunities for the key operators in the telecom market over
the next few years.
The
increasing investments in the telecom sector by the leading operators
is another major factor projected to encourage the growth of the
telecom market in Myanmar in the next few years. The expected rise in
the number of players and the increasing competition are estimated to
accelerate the growth of the overall market in the near future.
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Furthermore,
the research study presents insights into the competitive landscape
of the telecom market in Myanmar. A list of the leading players
operating in the market has been included in order to provide a
strong understanding of the market. The company profiles, product
portfolio, technological developments, and the SWOT analysis of the
leading players have been provided in the research study. In addition
to this, the key policies and strategies that are being adopted by
the players in order to attract a large number of consumers have been
mentioned in the scope of the study.
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