Noida, India (PressExposure) December 09, 2009 -- With continuous investment and reforms in its telecom sector, Nigeria has emerged as the largest telecom market in Africa. Among others, factors such as telecom market liberalization along with the fierce competition among the private telecom operators has been bringing about substantial benefits to subscribers in terms of lower tariffs and enhanced choice. Driven by this, the Nigerian telecom market revenue is forecast to grow at a CAGR of around 7% during 2009-2012, says our latest research report âNigeria Telecom Sector Analysisâ.
Our industry experts have done in-depth research and analysis of the Nigerian telecom market to identify the current and future industry trends, meanwhile exploring the high growth potential areas. Our research reveals that the country has a huge potential in the mobile market owing to relatively low penetration rate, which hovers at around 45% and could exceed 75% by end-2012. In this regard, the research has tried to explain in detail the kind of mobile infrastructure investment that the country will require over the next couple of years to reach such high penetration rates.
On the technology front, our research has found that GSM remains the clear market leader, having the largest share of the Nigerian mobile subscriber base; however, rampant growth is expected to come from the CDMA segment. The report explains various reasons and factors contributing to the phenomenal growth in the number of CDMA subscribers through 2012.
Besides this, the report provides detailed information of other telecom segments also, including Internet and broadband. We believe that the regulatory environment plays significant role in the successful development of telecom sector, and thus have tried to explain in detail the regulatory environment in the Nigerian telecom sector. We have also identified various key telecom technologies that will gain significant ground in the countryâs telecom sector over the forecast period. However, there also exist some bottlenecks that may hinder the expected market growth and thus, should be taken into considered.
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