Telecommunications Report Peru

  • ID: 4456398
  • Report
  • Region: Peru
  • 10 Pages
  • The Economist Intelligence Unit
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Peru's GDP growth rate will average 3.7% annually in 2018-22, dampened modestly by slowdowns in China in 2018 and the US in 2020. Consequently, the telecommunications sector will remain dynamic during the forecast period, with growth boosted by catch-up potential. Demand for telecoms will continue to be driven by a growing middle class and a gradual increase in disposable incomes. There is also significant space for growth in under-serviced regions.

Supported by an attractive investment framework, the technology and telecoms sector will continue to receive significant foreign investment in 2018-22. Total telecoms investment will rise to just under Ns5bn (US$1.4bn) by the end of the forecast period. This will drive the expansion of technology and telecoms in secondary cities. The communications sector accounts for the third-largest stock of Peru's foreign investments after mining and financial services.

The size of the total information technology (IT) market in Peru was estimated to be S16.2bn (US$5bn) in 2017, with mobile services accounting for nearly three-quarters of the total. The sector is expected to reach S20.6bn by 2021 (latest available data), with the share of mobile services rising to 85%.

Industry List: Fixed, Telecommunications, Internet, Telecommunications, Mobile, Telecommunications, Telecommunications
Industry Codes (NAIC): 517
Industry Codes (SIC): 48
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Telecommunications Report Peru

Telecommunications report: Overview

Telecommunications report: Mobile

Telecommunications report: Fixed

Telecommunications report: Internet
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