Friday, May 7, 2010

High Growth Predicted in Egyptian Telecom Sector - RNCOS

Egypt being the most populous country in the Middle East region, with 83 Million people, boasts one of the fastest-growing mobile telecom markets in the region. With the impact of gradual liberalization and magnifying competition amongst service providers and manufacturers, the mobile market sees tariff reductions and the introduction of more innovative service packages, such as free e-mailing or free access to Web, which are increasingly attracting Egyptians to adopt mobile telephony services. As a result, the number of mobile subscribers in the country is projected to grow at a CAGR of more than 13% between 2010 and 2013 to reach 100 Million by the end of 2013, says our new research report “Middle East ICT Market Analysis”.

Our research also finds that there has emerged a rising demand for broadband Internet in order to stay connected with the rest of the world that, in turn, has been driving the demand for broadband technologies such as WiMAX. Government is also continuously adopting strategies to encourage the use of high-speed and low cost broadband Internet access among Egyptians. Our research anticipates that nearly 84% of Internet subscribers will be broadband subscribers by the end of 2013.
Various Middle East countries that are covered in our report are Israel, Turkey, Saudi Arabia, UAE, Egypt, Qatar, Bahrain, Oman, Jordan and Iran. It also covers the overview of various ICT industries that will help clients to understand and evaluate the present and future scenario of hardware, software, and IT services, as well as mobile and fixed telephony in the Middle East countries.

“Middle East ICT Market Analysis” also covers several market drivers which are fuelling the growth of ICT market. Various potential growth areas such as 3G, IPTV, IT security market and many more have also been studied in the report. The factors which can interrupt the growth of the industry if not taken care of have also been discussed in detail.

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