Research and Markets: The Telecom Services Market in South Africa to Grow at a CAGR of 1.91 Percent over the Period 2011-2015
Research and Markets (http://www.researchandmarkets.com/research/pcp3l7/telecom_services) has announced the addition of the "Telecom Services Market in South Africa 2011-2015" report to their offering.
One of the key factors contributing to this market growth is the increasing demand for broadband and data services. The Telecom Services market in South Africa has also been witnessing the increasing investment in broadband infrastructure. However, the high mobile penetration rate could pose a challenge to the growth of this market.
Key vendors dominating this market space include Telkom SA Ltd., Vodacom Group Ltd., MTN Group Ltd., and Cell C Ltd.
Other vendors mentioned in the report: Neotel Ltd., Virgin Mobile SA Ltd., Red Bull Mobile South Africa, and Broadband Infraco SOC Ltd.
Commenting on the report, an analyst from TechNavio's Telecom team said: "The increased demand for broadband services has resulted in an increase in the number of undersea data cables linking South Africa to the rest of the world. Also, in South Africa, telecom service providers are increasing their investment in broadband infrastructure. For example, the Seacom submarine fiber-optic cable system links South and East Africa to global networks through India and Europe. This means that service providers can now build their own networks instead of buying their network access from the major telecom service providers."
According to the report, one of the main growth drivers is the increasing demand for broadband and data services. The increasing adoption of mobile data services is expected to generate the major portion of market revenue. The Broadband segment is also a high growth prospect in the market.
Further, the report discusses that one of the main challenges is the increasing mobile service penetration that restricts the growth of telecom services in South Africa.
For more information visit http://www.researchandmarkets.com/research/pcp3l7/telecom_services