DUBLIN–(BUSINESS WIRE)–The “Thailand Telecom Operators Country Intelligence Report” has been added to ResearchAndMarkets.com’s offering.
The report highlights the telecom sector’s shift towards rising mobile data usage and fixed broadband service revenue, anticipating a Compound Annual Growth Rate (CAGR) of 3.2% over the next five years.
The forefront of this progression is attributed to mobile data services, which are expected to flourish at a CAGR of 4.7%, and fixed broadband revenue, which is projected to achieve a 5.5% increase, escalating to a valuation of $3 billion by the year 2028.
Technological Transformations and Telecom Trends 5G and Mobile Subscription Dynamics
With 4G remaining predominant amongst mobile subscriptions in 2023, the landscape is set for seismic shifts as 5G is predicted to account for an impressive 87.8% of subscriptions by 2028. This transition is supported by the expansive establishment of 5G networks throughout Thailand, fostering higher Average Revenue Per User (ARPU) and reinforcing market growth.
OTT Services and Changing Communication Patterns
The report also notes a predicted decline in the average monthly mobile voice usage, dropping to 49 minutes by 2028, as consumers increasingly opt for Over-The-Top (OTT) communication solutions. This behavioral change spotlights the necessity for telecom operators to innovate and adapt to the evolving preferences of the digital consumer for sustained market relevance.
Strategic Growth Analysis for Decision Makers
The insights packed in this report are fashioned for decisiveness and clarity, enabling executives to formulate proactive growth strategies shaped by a forward-looking perspective. The in-depth local market player data provides a distinct edge in understanding Thailand’s telecom market trajectories.
In a market driven by rapid technological advancements and evolving regulatory landscapes, this comprehensive Country Intelligence Report is an essential tool for telecom operators, equipment suppliers, and industry stakeholders aiming to thrive in Thailand’s vibrant telecommunications sector. The unveiling of this report serves as an analytical beacon for telecom industry players striving for strategic excellence in a dynamic market environment.
Market Insights and Competitive Dynamics
A selection of companies mentioned in this report includes
For more information about this report visit https://www.researchandmarkets.com/r/wcvz38
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