Nigerian Telecom Industry Eyeing Sky Scraping Growth

The Nigerian telecom market is anticipated to grow at a CAGR of around 9% during 2009-2013, says RNCOS in its research report.

Noida, India (prHWY.com) January 3, 2011 - The Nigerian government has realized the importance of ICT as a viable platform to transform the country's economy into knowledge-based economy. The telecom sector is presently undergoing speedy transformation on account of explosive growth and rapid infrastructure development. According to our research report "Nigeria Telecom Sector Analysis", the Nigerian telecom market will grow at a CAGR of around 9% during 2009-2013, with major share coming from the mobile market. The level of competition in the telecom sector will intensify as private operators are looking for enhanced telecom services to further increase their revenue from mobile and Internet services.

According to our research, the mobile market of the country has tremendous growth potential. With rapidly improving mobile infrastructure and intense competition among mobile operators, the number of mobile subscribers will grow at a double-digit CAGR during 2010 - 2013. Our study also finds that competition among various telecom operators is increasing as they are now looking for new business expansion and customer retention strategies to sustain and gain higher chunk of the market. In this regard, our report presents an overview of the competitive landscape, in which, leading industry players have been covered along with their marketing strategies.

Our report provides in-depth research and extensive analysis on the Nigerian telecom market. Our study has analyzed key challenges faced by the industry. The research provides a deep insight into the trends currently dominating the telecom market in the country and substantiates data with relevant statistics. Our study includes industry forecast on various telecom segments including fixed-line subscribers and penetration, mobile subscribers and penetration, Internet users, and broadband subscribers & penetration.

Our report also provides thorough analysis on the current and future outlook of various emerging technologies, such as, 3G and WiMAX. Besides, forces that are fuelling the growth of the Nigerian telecom sector have been discussed elaborately.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM233.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: nigeria mobile

Categories: Communications

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