This research includes market size, 5-year estimates, market insights, important trends in telecommunications, 5G and digital infrastructure, as well as statistics on India’s telecommunications industry. Over the next five years, future growth will be fueled by the increasing penetration of mobile telephony and the increasing adoption of fixed broadband among households. During the years 2021-2026, mobile subscriptions and fixed broadband users will continue to drive the growth of the telecommunications sector. More than 700 million people have joined the Internet in the past six years, with another 600 million expected to join in the next six years by 2026.
Reliance Jio’s launch strategy was to offer three months of free data and voice, and once this was in place, maintained the permanent free voice offering while charging a low price for mobile data (INR50 for 1 GB). This strategy is reminiscent of the classic Silicon Valley bet: spend money up front to acquire customers, then offset the volume due to a superior cost structure allowed by its 4G network only and the nature of the marginal costs that are close. zero technology.
Following the expansion of the market over the past 5 years, sustained revenue growth through 2026 is expected, despite the Covid-19 pandemic and the decreasing impact of the decline in traditional voice and SMS revenues. Mobile subscriptions are growing faster than mobile service revenues, leading to a drop in ARPU after 3 years of intense competition with the market transition to 4G. With a market entry in late 2016, Jio rocked the mobile market from a standing start to becoming the largest mobile operator per subscriber and third in terms of revenue in just three years.
The timing of Jio’s launch was perfect just when competitors had broken 4G networks. Competitors in the mobile network quickly struggled to compete and a massive wave of consolidation ensued. The global telecoms market will experience further growth until 2026 after a marked decline between 2017 and 2018 due to mobile warfare.
Summary of the news:
- Rising Cell Phone Penetration and Emerging Integration of Fixed Broadband Among Households Will Drive Future Growth in India Telecommunications Industry Report 2021-2026
- Check out all the news and articles about the latest security updates.