Telecom service revenue in Israel is estimated to reach $4.2bn in 2022, a decline of 2.4% CAGR during 2017-22
Telecom
service revenue growth in Israel will decline from $4.7bn in 2017 to $4.2bn
in 2022 at a CAGR of 2.4%, owing to considerable depreciation of the local
currency against the US$. Fixed broadband will be the largest
revenue-contributing segment from 2019, with its share of total revenue to
increase to 31.3% in 2022 led by a continued rise in fiber broadband services
aided by fiber network expansions by operators.
Mobile data revenue will grow at a CAGR of 1.4% over
2017-2022 to reach $1.0bn by the end of 2022, aided by rising adoption of
LTE/LTE-A services, data bundles and value-added services. Operator focus on
expanding 4G network, M2M/IoT solutions and government initiatives to expand
fiber-optic networks will boost mobile and fixed broadband markets,
respectively.
- Overall telecom service revenue in Israel is estimated to
reach $4.2bn in 2022, a decline of 2.4% CAGR during 2017-2022.
- Mobile revenue will account for 37.5% of total telecom
revenue in 2022, with mobile data accounting for 66.8% of mobile revenue in
2021.
- 3G will be the most adopted mobile technology through 2021.
However, its share will decline during the forecast period as customers migrate
to 4G services.
- The Israel telecom market will be dominated by Bezeq,
Cellcom and HOT Telecom. Operators will continue to focus on network
investments, 4G coverage expansions, fiber deployments and offering appealing
data plans and value-added services to stimulate data adoption.
Reasons to
buy
- This Country Intelligence Report offers a thorough,
forward-looking analysis of Israel’s telecommunications markets, service
providers and key opportunities in a concise format to help executives build
proactive and profitable growth strategies.
- Accompanying Forecast products, the report examines the
assumptions and drivers behind ongoing and upcoming trends in Israel’s mobile
communications, fixed telephony, broadband markets, including the evolution of
service provider market shares.
- With more than 20 charts and tables, the report is designed
for an executive-level audience, boasting presentation quality.
- The report provides an easily digestible market assessment
for decision-makers built around in-depth information gathered from local
market players, which enables executives to quickly get up to speed with the
current and emerging trends in Israel’s telecommunications markets.
- The broad perspective of the report coupled with
comprehensive, actionable detail will help operators, equipment vendors and
other telecom industry players succeed in the challenging telecommunications
market in Israel.
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