UK is the largest telecom market in Western Europe and will continue to be one of the healthiest in the region in terms of underlying revenue and ARPU trends; we expect Brexit to have minor implications on telecom revenue.
With estimated telecom service revenue of $54.5bn (£37.9bn) in 2016, or 2% of the country’s nominal GDP, the UK will be the largest market in Western Europe. We expect telecom service revenue in the UK to reach $61.0bn (£41.8bn) by 2021, growing at a CAGR of 2.3% in US$ (1.9% in £). This growth will be mostly driven by customer migration to faster-speeds broadband Internet – which generates an ARPU uplift – and by richer content offerings for pay-TV.
The M2M market growth will also provide additional revenue for operators. The forecasts discussed in this report don’t include the possible Brexit implications. However, we expect Brexit, voted in June 2016, to have minor implications on the UK telecom market over the next five years since the telecom industry is less vulnerable to macroeconomic changes and cycles than are other industries.
“United Kingdom: Telecom Services Market Will Continue to Grow Through 2021 Driven by Data Services and Content” provides an executive-level overview of the telecommunications market in the UK today, with detailed forecasts of key indicators up to 2021. It delivers deep quantitative and qualitative insight into the UK's telecom market, analyzing key trends, evaluating near-term opportunities and assessing risk factors, based on proprietary data from Pyramid Research's databases.
Report Details@ http://www.bigmarketresearch.com/united-kingdom-telecom-services-will-continue-to-grow-through-2021-driven-by-data-services-and-content-market
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