Tuesday, November 13, 2018

Effective Landscape Of Telcos Vrar Market Outlook: Ken Research


According to the report analysis, ‘Telcos and Virtual and Augmented Reality (VRAR): Opportunities, Challenges and Winning Strategies’ states that some of the major companies which are currently functioning in this sector and improved the specifications for dominating the handsome amount of share by accomplishing the demand of the potential users includes AccuWeather, AOL, AT&T, Autoblog, Carnival Cruises, DirecTV, Engadget, Ericsson, Facebook, Google, HTC, Huffington Post, Inuitive, Jaunt, Leap Motion, Microsoft, Netflix, National Football League, National Soccer League, NextVR, Oculus, Orange, RYOT, Samsung, SK Telecom, Sony, TechCrunch, Time, Inc., Time Warner, Twentieth Century Fox, Valve, Verizon, Viaccess-Orca, Warner Brothers, Wevr, Yahoo and several others. Moreover, it analyses the strategic policies of the key leading network operators involving SK Telecom, Orange, AT&T and Verizon that are moving up to tackle the challenges related to the VRAR opportunity with partnerships, robust network strategies and acquisitions. The VRAR market improved the corner in 2016-2017 which was fueled majorly by an infusion of capital from the investors and leading tech companies.
The augment and virtual reality is gaining the effective attention and playing the operational role in the various industries. Both the technologies is having the extraordinary ability to modify the perceptions of the globe as the virtual reality is able to transpose the user and augmented reality is used to improve the natural environment and serve perceptually enriched capabilities. Moreover, the Telcos are becoming more interested in the potential of revenue streams which are connected to the augmented and virtual reality, since it is not only a vehicle for 5G monetization, for instance can also worth the growth opportunities in the connectivity and various service platforms. Therefore, in the recent trend the market has been grow more actively with the effective applications and the key players also playing significant role by innovating the latest applications in the technology of virtual and augmented reality which further will lead the market growth in the near future.
The technology of virtual and augmented reality reflects an opportunity for telcos to significant rise in their digital services imprint and enlarge new earning tributaries. Telcos are majorly interested in attaining the growth in the space and must be prepared to tackle the challenges which are directly connected to the ecosystem enablement, network readiness and collaboration in the near term.
The development of the VRAR ecosystem carries the growth opportunities for telcos in content, service platform and connectivity. As the service providers, telcos are distinctively positioned to create recurring revenue by offering VRAR stage services in content generation and distribution as well as analytics facilities and advertising. The key players are positioning themselves as ecosystem enablers and are doing major investments to proof-test the technology. Therefore, in the coming years it is expected that the market of telcos VRAR will grow more actively over the decades.  
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Monday, November 12, 2018

Growing Landscape Of RFID (Radio-Frequency Identification) Technology In The Asia Pacific Agriculture Equipment Market Outlook: Ken Research


Agriculture Equipment
The RFID technology is playing an effective role in the Asia Pacific agriculture equipment market and with this technology the market is growing effectively with the more developed in the technology and rapidly growing in the population of the Asia Pacific region. The technology of RFID allowed sensors network have the capability to enhance the soil ecology by serving measurements of granulated temporal-spatial information on soil fertility. However, this technology has already been used for years in some sector of the agriculture market. Hog and pig farming, egg production centers, sheep and goat farming, beef steer ranching, equine facilities, and aquaculture are all the sectors of the agriculture market that sees many advantages from RFID applications. According to the report analysis, ‘Agriculture Equipment Market Share states that the effective applications of the RFID technology signify the significant growth to the Asia Pacific agriculture equipment market. Moreover, the key players of the Asia Pacific agriculture equipment market doing their job actively with the more advanced in the technology of RFID and make the market more attractive.
This technology is playing an effective role with the automated feeding, disease management of the animals and weighing, all with a simple tag, moreover to detecting the potential of lost animals. Moreover, the collection of data in the greenhouse is only possible with the specialized RFID tags which are prominently making for the humid and warm condition. In the Asia Pacific region, the leading players are working in an auspicious manner for developing the specifications of the technology due to which the region can acquire the highest amount of market share in the recent trend. This technology serves numerous opportunities for the innovations and development in the techniques of doing agriculture as with this technology the farmer can maintain the huge volumes of data which is impossible to manage and build the competitive market with the more innovations in the specifications. According to the report analysis, ‘Sale of Agriculture Equipment Market’ states that the wide usage of this technology increases the trustworthiness for the makers as this technology is used to detect food from field to the store or end users. The technology is majorly used for managing and creating records with the improved sensors by which anyone can detect the crop health also and track the food from one place to another.
The Asia Pacific region is accounted the handsome amount of share in the agriculture equipment market and this region is also doing significant investments in the projects related to this technology which enhances the effectiveness of this technology and on the commercial installation of the RFID technology. However, unsurprisingly, the government is also playing a significant role in the agriculture sector which supports the potential of the farmers and making policies for them by which the business cannot take the benefit of capabilities of the farmers in a wrong manner. The existence of government makes the market more effective and attractive. Therefore, in the coming years, it is expected that the agriculture equipment market of Asia Pacific region will grow more significantly over the decades with more development and innovation in the technology of RFID.
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Growing Landscape Of Poland’s Telecommunication Market Outlook: Ken Research


The telecommunication and networking industry is playing significant role in the respective region as it show the dynamic landscape of the region and contributing more actively in the development of the economy. In Poland, the telecom services revenue growth over 2018-2023 will be operated by mobile data, pay-TV sector and fixed broadband. Whereas, with the significant usage of smart devices that mobile data will be the largest revenue-contributing sector over the period of 2019-2023. Whereas, the Poland’s market of telecom is one of the largest in Europe. Moreover, with the more technological development in the telecommunication, the market of telecom in Poland has been among the global leaders in the technology and further, with the more research and development programs for enhancing the specifications of the telecommunication technologies the Poland is going to attain the more handsome amount of share in the telecommunication market in the coming years.

According to the report analysis, ‘Poland: Country Intelligence Reportstates that some of the major companies which are currently functioning in this domain more actively for attaining the highest amount of share by doing more development and serving the potential buyer at a reasonable rate includes Orange Poland, Play (P4), Polkomtel (Plus), T-mobile Poland, Netia, Multimedia, UPC Poland, Vectra, Cyfrowy Polsat, NC+ and several others. However, Orange Poland and Play (P4) are the two major mobile operators, will register for 52.0% share of overall mobile subscriptions in 2018. The market is expecting the exclusive competition to intensify further as all the modifiers are aiming on the LTE-A network upgrades and serving data-centric facilities. Moreover, the key players are adopting the advanced technologies by which they are playing effective role in acquiring the highest amount of share across the globe. Not only has this, the players of telecommunication market in Poland is generating a competitive landscape by investing the other aspects of the market and introducing the effective strategies and planned policies.

In the country, the overall telecom services revenue will grow at a CAGR of 1.7% in terms of Zl (2.7% in USD) during the period of 2018-2023. Whereas, the mobile revenue will register for 65.5% of the telecom revenue in the near future which is majorly operated by the significant adoption of the mobile broadband and 4G facilities. Over the period of 2018-2023, 4G will be the most adopted technology and increasing the demand for the high-speed data facilities and nationwide 4G network enlargements and potential improvements will operate the subscriber growth. In future it is anticipated that 5G will be commercially available by 2023 which will further enhance the growth of this market more significantly.

The effective research and development in the telecommunication sector of the Poland will lead to high investment and serving the effective opportunities for both such as consumers and leading players. Moreover, the key companies are working in an auspicious manner which makes the market more competitive and welcoming the new entrants who are going to support the market more actively and make it more profitable and fruitful. Therefore, it is expected that in the coming years the market of telecommunication in the Poland will grow more significantly over the next coming years.

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Increasing Demand For Pay-Tv In The Europe Market Outlook: Ken Research


The industry of media and entertainment is gaining more attention in the recent trend with the significant improvement in the technology and applications of the TV, Radio and Broadcasting category. Moreover, with the changing lifestyle and increase in disposable income has led to the market growth of the pay-TV facility across the globe. Whereas, the developed countries are dominating the major share of the pay-TV market while the developing countries are showing significant efforts in developing the applications of the pay-TV facility. Furthermore, the pay-TV market in Europe has the highest pay-TV penetration as compared to the other regions. In Europe, pay-TV registers several benefits from the broadband network development and enlargement to support the huge bandwidth and data-intensive traffic operated by video. With the growing landscape of the pay-TV in Europe, the European key players are working more actively by serving in an auspicious manner to the potential users for dominating the handsome amount of share not only in Europe but across the globe.

According to the report analysis, ‘Pay-TV Market Trends and Opportunity in Europestates that some of the major regions are currently functioning in this domain for acquiring the highest share in the market of pay-TV in Europe involves TIM Italy, Play Poland, MTS Russia, Sky, Netflix, Comcast, FOX, Deutsche Telekom, Discovery, Vodafone, UPC, Vivendi, Mediaset, Cableco Virgin Media, EWE, Liberty Global, Orange, Telefonica, Movistar, Russkoe Kino, France Television, TF1, M6, ProSiebenSat.1, ComHem, Virgin UK, ARD, ZDF and several others. Whereas, it is expected that Netflix and Orange are leading players and dominating the market more significantly with the effective working and by serving efficient facilities to the potential users of the pay-TV in Europe. Moreover, the report also provides a detailed description of the pay-TV market in Europe, penetration trends, service adoption by technology and looking at subscriber growth.

The key players are playing important in technology of network improvement and in removing the OTT threats. For instance, in Western Europe over 2018-2022, the revenue growth will be more than in Central Eastern Europe because of the higher content piracy usage and the growth in the OTT. Over the last few years, the European market has been witnessing subscriber growth as a result of broadband network development. Moreover, the growing demand for HD and 4K content, interactive pay-TV platforms and OTT video is driving pay-TV services provides to distribute effective investments to develop and enlarge their network arrangement.

Telcos have adopted in-house content advancement and vertical amalgamation strategies and policies for increasing the quality of the content and diversity and decrease costs. The significant competition forms the OTT service distributors is shifting pay-TV modifiers to transfer beyond the traditional linear pay-TV facility proposition. Moreover, the commercialization of the third part OTT video stages and the significant development of the user habits towards non-linear video have been moving operators to embrace the OTT landscape.  Furthermore, with the effective working of the key players it is expected that the market of pay-TV in Europe will grow more significantly over the coming years.

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Emergence Of Ai In Various Market Outlook: Ken Research


According to the report analysis, ‘Telco Digital AI Assistants & Chatbots: State of Play and Monetization Plans’ states that some of the major companies which are currently functioning in this domain for dominating the demand of the potential buyers and attaining the highest share across the globe involves Alibaba, Amazon, Apple, Baidu, Deutsche Telekom, Globe Philippines, Google, IBM, Kakao, KT, Kyivstar Ukraine, LG, Magic Leap, Microsoft, Nanosemantika, Naver, Orange, Servicefriend, SK Telecom, Softbank, Telefonica, Telegram, T-Mobile, Verizon, Viber, Vivo, Vodafone, Xiaomi and several others. Whereas, many of the education, furniture, agriculture industry are also taking the advantage of this technology by establishing it in the respective segments. Most telco digital assistant and chatbot deployment initiatives have initially aimed on the digital customer support and supplies. The digital assistants and Chabot’s are becoming significant capabilities to operating telcos’ customer journey digitization.
The industry of technology and telecom is gaining more attention with the more development in the technologies of telecommunications and networking category. Whereas, the Artificial intelligence is a reputed technology in the various aspects of the numerous industries. As it is an intelligence demonstrated by machines in the contrast to the natural intelligence demonstrated by humans and sometimes it is also known as machine intelligence. In its history, the artificial intelligence research has been split in to the subfields that often fail to connect with each other as the subfields are based on the social factors and technical considerations. With the effective development in this technology the various industries are adopting this technology and lead the market growth more actively. Whereas, many tools are used in AI, which drive the market growth around the globe in the recent trend such as artificial neural networks, search and mathematical optimization and methods based on statistics and several others.
The artificial intelligence has great abilities in the automation and decreasing the amount of time in administrative tasks. Recently, this technology powered the devices which enable of grading only objective answer sheets but as AI improved, it shall soon be able to assess subjective answer sheets as well. Hence, the introduction of this technology in the education industry has proved to be disruptive and observed an effective growth across the globe in the near future. For instance, the developed countries are dominating the effective share across the globe while the under developed countries are proving themselves more effective for accounting the handsome amount of share. Additionally, the artificial intelligence powered bots which have been established in Georgia Tech University, where bots reply to definite common and pre determined questions without knowing the user that they do not interacting with a human being.
The report also serves several of monetization choices that telcos have adopted and are planning to rollout for their digital assistant and Chabot abilities. The key players are also performing significant changes in the specification of the artificial technology for leading the market growth and investing the adoption of drivers for knowing the consumer behavior more effectively. Therefore, in the coming years, it is expected that the market of artificial intelligence technology will grow more significantly across the globe over the decades with the introduction of new applications in this technology and strategic development.
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Georgia Insurance Market Outlook To 2022: Ken Research

Georgia Insurance Market
Georgia Insurance Market: - Georgia is a Eurasian country located to the East of Black Sea, bordering Turkey and Armenia to the South and Azerbaijan to the East. The country has a Mediterranean climate and is a tourist attraction for its historic attractions, cultural appeal, and countryside stay. However, it is one among the poorest countries in the Soviet Union, and pre-independence, many people living in the rural areas were unemployed and had very limited access to health care service, let alone insurance. After its independence from the Soviet Union, Georgia had to maintain a highly centralized, State-operated health care system. After several reforms, the health care system was decentralized and market-driven. The country has various health programmes to provide health care to all but it faces inequality in terms of accessibility to the rural areas.
In 2013, Universal Healthcare (UHC) program was launched to address the high costs in private healthcare in Georgia. Seeing potential and success, this program replaced the existing government healthcare programs. UHC provides basic health care coverage to the entire population.  The growth of healthcare in Georgia is immense due to many reasons. The increase in population, rising health awareness, growth of technology and private players, supportive governmental initiatives, growing awareness of the benefits of medical insurance and favorable demographics make Georgia a country with full potential for life insurance.
Ken Research’s The Insurance Industry in Georgia, Key Trends and Opportunities to 2022 gives a comprehensive overview of the Georgian economy and demographics and details on the competitive landscape in Georgia. The report gives a detailed analysis of the natural hazards in the market, distribution channels and the regulatory policy prevailing in Georgia. It offers a detailed analysis of the key segments in the Georgian insurance industry, with market forecasts to 2022. It covers an exhaustive list of parameters, including written premium and claims, analyses the various distribution channels in Georgia and profiles the top insurance companies in Georgia, and outlines the key regulations affecting them. The report will help in making strategic business decisions by analyzing demand-side dynamics, market trends, and growth. The report will be detrimental in identifying competitors and regulations governing the market and make sound decisions therein.  The key market players in Georgian insurance market are JSC Insurance Company GPI Holding, JSC Insurance Company Aldagi, JSC Insurance Company Imedi L, JSC Insurance Company Unison, JSC Insurance Company Ardi Insurance, JSC TBC Insurance, JSC Insurance PSP, JSC International Insurance Company IRAO, JSC Insurance Company IC Group and JSC Insurance Company ALPHA.
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Growing Landscape Of Clothing And Footwear Retailing In Belgium Market Outlook: Ken Research


In the present era, the clothing and footwear retailing in Belgium is rising more enormously as exclusive cloths and footwear is signify the status of a customer which significantly increase the demand, requirements and sales of both the products in an auspicious manner. The key players are introducing new and advanced technologies for producing these products with the more attractiveness and at a reasonable price which further lead the demand and rise the supply of the product.Moreover, significant increase in the disposable income and modernization make the market more competitive and fruitful which lead to effective and positive growth in the retailing of clothing and footwear. With the surge in supply and demand the market is become more effective as the existing key players are promoting their business premises at an online platform by offering the huge variety of goods across the globe and proved a trustworthy platform for gaining the handsome amount share around the world. Meanwhile the young youth is become more conscious with their clothing sense and footwear which further fueled the market more effectively.

According to the report analysis, ‘Clothing & Footwear Retailing In Belgium, Market Shares, Summary And Forecasts To 2022states that some of the major companies which are performing in this domain in an auspicious manner for achieving the highest market share by enlarging their business premises includes Esprit, H&M, Zara, JBC, C&A, GaleriaInno, Torfs, Zeeman, A.S. Adventure, Primark, and several others. Whereas, it is expected that Zara and H&M produced the fastest growth in the recent trend, supported by growing store count. Not only has this, the report also offers detailed and comprehensive information which is associated with the retailers in clothing and footwear category group with the huge market insights which is directly depend on the consumer trends and changing tastes, more technology innovations, macroeconomic factors, changing economic and demographic factors. Meanwhile, the Belgium retail market is anticipated to increase at a CAGR of 2.7% during 2017-2022 whereas, the sales are projected to increase in an effective manner in the coming trend.

The increasing employment and wages in the country drive the sales of the sector through 2022 and the womens wear is the largest sector within the clothing. Undoubtedly, the e-commerce platform ensure the retailer for enlarging their business premises around the globe and can be maintained while sitting at a particular place hence, the online produces the fastest growth whereas, the specialists retailers cede ground to online channel. As online penetration doubles the online sales are set to triple during 2017-2022. With the growing online demand the market of this is growing more significantly and key players are be able to attain the highest growth more effectively. Whereas, the clothing is the highest and the fastest-rising category in the sector while, the retailers are using new formats and propositions to operate supplies.

The major companies are analyzing to dominate the sector of the clothing and footwear market and analyzing the present behavior of customers for knowing the best opportunities which are very much profitable for both the key players and consumer. Therefore, in the coming years it is expected that the clothing and footwear retailing in Belgium will grow more significantly over the recent few years with the effective strategies and policies of the key players.

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Healthy Lifestyle to Boost Future of Dairy and Soy Foods Market in Brazil: Ken Research

Brazil Dairy & Soy Food
Brazil dairy and soy food: - Soymilk in Brazil was first introduced in 1967 which was a mixture of 30% soymilk and 70% cow's milk, manufactured by the cold-grind process. Soymilk possesses a beany flavor and was sold mainly in pharmacies in powdered and canned forms. Initially, soymilk was produced as enriched milkshake powder fortified with vitamins and minerals, containing 4.5% protein from soy protein isolate and non-fat dried milk, enough white sugar to provide up to 120 calories per 200 ml serving. Coconut, vanilla, and coffee flavors of soymilk were introduced to encourage the Brazilian population to drink milk.
According to the study “Country Profile: Dairy & Soy Food in Brazil”, milk accounts for large consumption within the Brazilian dairy & soy food industry, followed by drinkable yogurt which is expected to register the fastest growth over the next few years. Other dairy products are category followed by other categories such as butter, spreadable fats, cream, and yogurt. The soy foods market is segmented into soy milk and yogurt smoothes of low-fat and zero lactose. These products provide complete protein nutrition when compared to other types of milk available in the Brazilian market.
The leading players within the Brazilian dairy food sector are Nestle SA, Danone Group, BRF S.A, Itambé Ltda, Groupe Lactalis SA, Frimesa, Jbs S.A., Bom Gosto, Savencia SA, Goiasminas Indústria De Laticínios Ltd, Unilever, and Tirolez Lt. The leading players in Brazilian soy beverages market are Silk, Organic Valley, Kikkoman Pearl Soymilk. Hypermarkets and supermarkets are the leading channels distributing dairy & soy food products within Brazil. The largest and common packing material used in the Brazilian dairy & soy food sector are rigid plastics followed by paper & board and flexible packaging.
It was observed that Brazilians are adopting healthy lifestyles and consumption of dairy and soy foods is increasing drastically. Higher consumption of soy beverages in Brazil has led to more production, increased availability and scientific facts that proved many health benefits of soy. Major benefits of soy foods are lowering blood cholesterol and reduction of the risk of certain cancers. Soybean-based foods are a complete source of protein which contains other important nutrients, such as fiber, B vitamins, and Omega3 fatty acids.
Brazil dairy and soy food products possess the highest projected growth rate in South America. The introduction of new soy beverages and dairy products provides is providing a huge platform for the development of the market in the near future. However, the recent studies on the harmful effects of soy and its derivatives will surely hinder the growth but at a minimal effect. Advanced technological developments, increasing growth opportunities, and market projections are the key factors driving the Brazilian dairy and soy foods market. It is estimated that the market will witness a tremendous demand due to increasing health and wellness amongst the Brazilians. This trend is expected to continue over the next few years in Brazil due to increasing manufacturers and demand for more robust dairy and soy food products.
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Key topics covered in this report:
  • Dairy & Soy Foods in Brazil Market Report
  • Dairy & Soy Foods in Brazil Market Analysis
  • Dairy & Soy Foods in Brazil Market Forecast
  • Dairy & Soy Foods in Brazil Market Opportunities
  • Dairy & Soy Foods in Brazil Market Leading Players
  • Dairy & Soy Foods in Brazil Market Revenue
  • Dairy & Soy Foods in Brazil Market Segmentation

Changing Dynamics Of Retailing With The Online Platform In Ukraine Market Outlook: Ken Research


According to the report analysis, ‘Retailing in Ukraine, Market Shares, Summary and Forecasts to 2022states that some of the major companies which are currently functioning in this domain for acquiring huge share across the globe by dominating the demand of the potential buyers with the help of online platform and introduction of new stores in the popular vicinity includes Ostin, Zara, Sportmaster, ARGO, Colin's, Adidas, Intersport, Kari, Celio, Bershka, ATB-Market, Auchan, Silpo, Furshet, Great Kyshenya, EKO-Market, Nash Kraj, Billa, Velmart, For a, Foxtrot, Eldorado, Allo, Comfy, Epicentr K, Kyivstar, Auchan, Diawest, Amazon, Ringoo, Watsons, Kosmo, Prostor, Med-Service, Apteka Nyzkyh Tsin, EVA, Avon, Ukrainian Pharmacy Holding LLC, Farmacia, Epicentr K, Leroy Merlin, Budmax, ATB-Market, Oldi, Nova Linia, Jysk Nordic, Cilek, Furshet and several others. Whereas, footwear, furniture and floor covering, sports and leisure equipment, food and grocery, electricals and electronics, clothing, health and beauty products and several others are the major products which served by the retailers on both the platforms such as online and on stores.
The retail market of any economy is playing an effective role in the development and significant urbanization in economy. As the retail market consists so many technological development and various distribution channels. Moreover, the significant increase in disposable income and dynamic change in the lifestyle of the consumers are the two major key factors for leading the retail market growth. In Ukraine the key players are adopting effective strategies and policies for gaining the effective share and accomplishing the growing demand of potential buyers across the globe by establishing the business on an online platform. Therefore, the retailing can be done by introducing the stores as well as with the e-commerce platform while, in the recent trend the e-commerce platform is dominating the market more significantly as the women workforce is taking lead and busy schedules of the young population. It is also believe that the online purchase has become more effective rather than purchase from stores as online platform serve huge variety of products and less time consuming which result in the significant growth of the market.
In 2017, the retail market growth started developing in Ukraine because of the improved wages, positive economic growth which is majorly supported by private spending. Whereas, the clothing and footwear category of retailing is registered for 8.1% of total sales in 2017 and is forecasted to grow at a CAGR of 6.2% in the near future. Not only has this, food and grocery is the highest sector in Ukraine retail market and is anticipated to rise highest growth with a CAGR of 8.6% in the period of 2017 – 2022. The development of healthcare sales is widely constituted with the increase in old age population which is anticipated to grow in the coming trend. The home sector is showing the effective efforts in producing moderate sales growth because of the weak housing market in the country.
Therefore, in the coming years it is expected that the market of retailing in Ukraine will grow more actively with the growing demand of the products over the next few years.
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Growing Landscape Of Russian Telecommunication Market Outlook: Ken Research


According to the report analysis, ‘Russia: Country Intelligence Reportstates that some of the major companies which are currently functioning in this domain for acquiring the highest share includes MTS Russia, Beeline, Rostelecom, Tele2 Russia, Megafon, Tricolor TV, Orion Express, ER-Telecom, TTK and several others. However, in 2018 MTS, Megafon and Beeline are the three major mobile operators, will account for 83.4% of the total mobile subscriptions. Whereas, the key players are adopting the developed technologies by which they are playing significant role in attaining the significant amount of share and for making the services more effective and reasonable which is benefitted for both the consumer and the retailer. The mobile data will take over as the foremost sector from 2022 which is majorly led by significant increase in the mobile internet subscription, fast improving M2M connections, and increase in the adoption of the 4G facilities. Furthermore, the operators of mobile will aim on serving data-centric services and LTE network expansions and formulate for 5G network rollout.
In the history, the telecommunication devices was not so developed and innovated but by the time the telecommunication industry and devices of any region is more developed in the recent trend with the establishment of advanced technologies. Moreover, the Russian telecom market is the largest in Europe which is majorly supported by the effective size of population and significant development in the economy. The telecom services revenue growth in Russia over 201-2023 will be operated by the effective usage of mobile data and the segment of broadband segments. However, in 2018 the mobile voice will be highest revenue-contributing sector. However, the mobile voice will see a decline in its share of total earnings over the near future because of the rising consumer move onwards OTT based on the communication solutions and decrease in the voice tariffs. Additionally, the key players of this market is creating a competitive landscape by examination the position of other leading players in the telecom market by which they can acquire the highest share and accomplish the demand of the consumers.
The total telecom and pay-TV services revenue in Russia will increase at a positive CAGR of 1.8% (2.1% in USD) in the period of 2018-2023. However, the mobile data revenue will rise at the wildest CAGR of 15.8% in the local currency (16.1% in USD) which is operated by rising adoption of 4G facilities. 4G will exceed 3G as the foremost mobile technology in 2021 which is led by MNOs’ continuing LTE network developments and availability of 4G empowered smartphones. Moreover, it is expected that in 2021 the Russia will launch 5G on the commercial platform.
Many of the key players are doing more improvement and development in the applications of the present telecom technologies for attaining the handsome amount of share in the market due to the huge penetration of mobile phones. Therefore, in the near future, it is expected that the market of Russian telecommunication market will grow more effectively over the coming years with the more advancement in the technologies of this segment.
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