Telecom service revenues to return to 1% growth in 2021

"Telecoms will be less affected by the COVID-19 pandemic than many other segments of the economy, but lockdown measures and economic uncertainties (including Brexit) will affect household spending in the coming years."

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The telecoms sector will return to revenue growth in 2021, as operators recover roaming, prepaid and other revenues lost during the pandemic in 2020, Analysys Mason predicts. telecom service

The market researcher expects global telecoms service revenue will grow 1 percent in 2021, after a decline of 2.7 percent in 2020.

Western Europe telecoms market: trends and forecasts 2020–2025

“Telecoms will be less affected by the COVID-19 pandemic than many other segments of the economy, but lockdown measures and economic uncertainties (including Brexit) will affect household spending in the coming years.”

The trend for moderate total service revenue growth in Western Europe (WE) has been disrupted by the COVID-19 pandemic. The increase in the number of fixed–mobile convergence (FMC) offers in markets that are not yet saturated will also lead to a decrease in telecoms revenue growth. However, this will largely be offset by the migration of mobile subscribers towards contract plans, the growing number of broadband users and increasing pay-TV revenue.

North America telecoms market: trends and forecasts 2020–2025 telecom service

“Telecoms revenue will grow between 2019 and 2025, partly due to a strong increase in mobile revenue in the USA, despite the negative impact of COVID-19.”

 

Total telecoms revenue will grow by 6% between 2019 and 2025, driven by revenue growth from mobile and fixed broadband services. This report discusses the main telecoms trends in North America and analyses what the main telecoms drivers will be in the next 5 years in Canada and in the USA. telecom service

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