According to the report analysis, ‘Argentina:
Country Intelligence Report’ states that
the total telecommunications and pay-TV service revenues in Argentina will
increase to USD 12.2 billion by 2023-end, supported essentially by growth in
mobile data and fixed-broadband sector. Whereas, the fixed broadband earning
will increase at a CAGR 3.7% during the period 2018-2023 to reach USD 2.2 billion
by year-end 2023, operate by steady growth in fiber-optic sector. Moreover, the
Argentina has one of the most prominent mobile market in Latin America and many
of the Argentineans own multiple SIM cards, some having several phones for work
and personal calls, and some having a smartphone for other mobile networks to
take benefits of special offers. Not only has this, the key player of Argentina
telecommunication market doing so many research development with the more
advancement in the technology of telecom and the market will lead significant
growth in the near future.
Argentina’s smartphone piercing is relatively high for the region, though
it pursues to be held back by the high cost of smartphone devices. With high
cost also the mobile data revenue will grow at a CAGR of 9.7% during the period
2018-2023, supported by expansion of smartphone penetration and increase in the
adoption of 4G facilities with higher ARPU. Whereas, technology and industry
wise, the market of telecom in Argentina has been among the global leaders in
the technological advancement. Moreover, with the more technological
advancement in the telecom technologies the Argentina is going to influence the
handsome amount of share in the market in the near future. Smartphone subscription
will reach an estimated 34.0 million by the end of 2018, whereas it is
anticipated that smartphone subscription will increase at a positive CAGR of
7.2% over 2018-2023 period, reaching 47.9 million by 2023. Not only has this,
the Argentina’s mobile phone subscription penetration of people will reach an
estimated 140.4% by years-end 2018, 27.4 pp above Latin America’s average of
113.0%. Moreover, in the recent trend the field of internet in Argentina is
succeeding very much with the extensive usage of mobile phones in this economy
and show the significant growth and competition in the telecommunication
sector.
Telecom Argentina is the leading local telephone company in the northern
part of the Argentina, involving Buenos Aires, which has a wide population. In
addition, the telecom Argentina will benefit in the near future with the
developments in 5G technologies, a significant increase in the subscriber base
and income growth across its business sectors. Telecommunication leading
players who take benefit of the 5G technologies will be able to keep up with
increasing data need in the wake of its new uses in the near decade. Moreover,
many companies are doing more development and advancement in the applications
of existing telecom technologies for admiring huge amount of share in the
market and because of extensive usage of data communication facilities the
usage of mobile phone penetration has also lifted up in Argentina.
Movistar Argentina, Claro Argentina, Telecom Argentina-Cablevision,
Personal Argentina, Cablevision, Fibertel, Telecentro, DIRECTV are the major
companies in the Argentina telecommunication market and will lead more
competition in the market which further makes the market more attractive.
Therefore, in the coming years it is expected that the market of Argentina
telecommunication market will grow more significantly over the decades with the
more effective development in the technology.
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