According to the report analysis, ‘Cote Divoire Country Intelligence Report’ states that the telecom service revenue growth in Cote d’Ivoire over 2018-2023 will be driven by mobile data, fixed broadband, and pay-TV segments. Mobile voice will be the largest revenue-contributing sector over 2018-2023. Whereas the Cote d’Ivoire telecommunication industry for the full range telecommunication equipment and components is rising, involving fiber and copper optic cables, cellular station, microwave communication equipment, central office switches, data communications satellites, and others. Not only has this, but Cote d’Ivoire also has one of the most developed telecommunication sectors in West Africa. Meanwhile, in October 2015 peaceful elections was held which was secured a second term for President Ouattara, who has aimed at rebuilding the economy’s infrastructure and enhancing economic and political stability. Moreover, with the technological advancement in the telecommunication, the industry of telecom in Cote d’Ivoire has been among global leaders in technology. Furthermore, with the more research and development in the technologies, Cote d’Ivoire is going to acquire a huge amount of share in the telecommunication sector in the near future.
The mobile data segment will see its share growth over the coming years, to account for 32.2% in total revenue by 2023 majorly operating by increasing data-driven subscriptions and growing adoption of 4G services at higher ARPUs. Moreover, the Cote d’Ivoire pay-TV market is also expected to increase at CAGR of 12.3% handling by a steady rise in DTH and IPTV subscription. Most of the sectors of the telecommunications market have pursued to flourish during earlier crises which were started in 1999 and the segment is dominated by mobile telephony, with South Africa’s MTN and France Telecom-owned Orange leading the market. Therefore, the powerful segment in the overall industry is the mobile sector which controlled by MTN and Orange. Whereas, the access to additional cables are serving significant depletion in the retail pricing for WiMAX, DSL and EV-DO wireless broadband services. The broadband sector will witness increased investments in fiber network enlarging by the government as well as operators. Moreover, the mobile promoter will aim at serving data-centric services and 4G/LTE network development.
The effective development in the telecommunication segment of Cote d’Ivoire will lead to huge investment and offering new opportunities for both such as leading players and consumers. Whereas the telecommunication constitution surroundings have changed significantly in the modern trend and these changes were effectively operating by short-term political reflection. Moreover, the overall telecom and pay-TV service revenue in Cote d’Ivoire will grow at a CAGR of 4.0% during 2018-2023 and the 3G will remain the most adopted mobile technology by 2023 whereas, 4G will closely follow 3G as 4G coverage is enlarging by operators. Orange Cote d’Ivoire will pursue to hold its efficient position in terms of mobile subscription in recent trend. The mobile service revenue will reach 85.0% of the overall telecom revenue in the near future, driven by the significant adoption of 3G/4G services.
Orange Cote d’Ivoire, MTN Cote d’Ivoire, Moov Cote d’Ivoire, Canal+, StarTimes are the major leading players in the telecommunication sector of Cote d’Ivoire and dominating the market with the significant share respectively. Moreover, the companies are doing efficient functioning in this market which makes the market more competitive and welcoming the new investors who are going to support the market financially and make it more attractive. Therefore, in the coming years, it is expected that the industry of telecommunication in Cote d’Ivoire will grow over the next few years.
To know more, click on the link below:
Cote Divoire Country Intelligence Report
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