Moroccan telecoms market expected to decline by 2017
08 August 2012 |
Morocco’s telecoms market is set to contract at a CAGR of -1.2%, from an estimated $4.5 billion in 2012 to $4.2 billion by 2017, according to Pyramid Research.
Mobile is expected to remain the largest segment by the end of the forecast period, having made up 67.2% of total revenue in 2011.
This strength is partly attributed to mobile broadband uptake, with the planned arrival of 4G technology, and increased competition among the country’s three mobile providers.
Despite an anticipated slow decline through 2017, fixed voice is expected to remain an important contributor to Morocco’s telecoms revenue, accounting for 23.9% in 2011.
Meanwhile VoIP, despite being tiny in comparison to other sectors, is projected to have a CAGR during the forecast period of 26.7%, with the popularity of services like Skype expected to facilitate growth.
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