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. Scope - 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 tel...