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Singapore Telecom Industry Report 2022-2027: Broadband Subscribers

Kelly Choos February 17, 2022 3 min read

DUBLIN, February 17, 2022 /PRNewswire/ — The “Singapore Telecom Industry Report – 2022-2027” report has been added to from ResearchAndMarkets.com offer.

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This report provides revenue and market forecast analysis as well as market statistics. South Korea the telecommunications industry, including market size, 5-year forecast, market insights, key telecommunications trends, 5G, and also the following:

  • Global telecommunications market by main operators

  • Telecom operator profile, revenue and EBITDA mix

  • Mobile Subscriber and Revenue Market Overview and Forecast

  • Spectrum holdings

  • IoT Market Overview

  • Broadband Subscribers and Revenue Market Overview and Forecast

  • Detailed Overview and Forecast of the National Broadband Network Market

  • Themes / Opportunities related to 5G, M&A and e-Commerce

  • Telecommunications Infrastructure Review

  • Telco M&A Transaction Database

The Singapore Telecommunications Industry Report, 2022-2027 includes a comprehensive review of Singapore market dynamics, market size, market forecasts, analysis, insights and key trends.

Investment investments

Investment spending by Singaporean operators is cyclical, with mobile deployment driving investments in line with operator revenue growth. Capex investments peaked between 2016 and 2017 as the three operators built their respective 4G mobile networks. Capex investments increased again in 2020 and will continue through 2027 as mobile operators invest in 5G. Singapore sees 5G as the backbone for a wide range of technological advancements, including autonomous vehicles, smart cities and the Internet of Things. All three mobile operators launched 5G services in 2020. The Capex to GDP ratio skyrocketed between 2015 and 2016 and started to decline and grow from 2020.

The publisher plans to increase capital expenditure in 2022 alone by installing more 5G base stations in all cities, accelerating that of Singapore Deployment of 5G across the island and consolidation of the leadership of its 5G network in terms of speeds and availability in the country.

Mobile subscribers and revenue

The average annual growth of mobile revenues was much lower (-7.8%) than the growth of mobile service subscriptions (1.3%) during the period 2014-2021, highlighting the structural challenges faced by operators mobiles. Lower voice and SMS revenue, partially offset by wireless data monetization, is putting pressure on ARPU, compounded by discount bundling to stem churn.

IoT connections are a major growth driver for mobile operators, a slowdown in mobile subscription growth will exert long-term pressure, increasing competition for the three mobile operators who are battling for fewer new customers.

According to the publisher’s comparative study on mobile data pricing, Singapore saw one of the largest cost-per-GB reductions in the past 3 years, while India has the lowest rate in the world with just pennies per GB.

The Singapore mobile market has rapidly evolved from a voice and SMS market to one dominated by mobile internet. With a continued drive to convert smartphone users into digital buyers and therefore increase mobile operators’ consumer wallet share. Mobile operators are increasing market segmentation and providing innovative offers targeting households with digital services such as music, video streaming, digital payments and bundles of other services such as home automation, IPTV and fixed broadband.

Broadband Subscribers – FTTH Push to Gigabit Speeds

After more than 10 years of investing in fiber infrastructure, Singapore has the highest FTTH penetration in the world as well as one of the most advanced consumer broadband products offering speeds of up to 10 Gbps. Most people use packages above 1 Gbps which are mostly bundled with mobile services by the three dominant players, Singtel, Starhub and M1.

Fixed broadband penetration is expected to increase slightly as that of Singapore Investments in full fiber networks are now maturing with affordable packages and increased household broadband penetration heading towards saturation.

Companies cited

  • M1

  • MyRepublic

  • Starhub

  • Unique

  • GPT

For more information on this report, visit https://www.researchandmarkets.com/r/rok6mu

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SOURCE Research and Markets

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