Key Highlights
- Wireless telecommunications services market includes cellular (mobile) phones, pagers, and any other wireless or cellular telecommunication service. Market values represent revenues based on payments to operators of all these services for subscriptions and usage. Market volumes refer to the total subscriptions for each of these services. Market shares represent subscription volumes.
- The Singaporean wireless telecommunication services market recorded revenues of $1.9 billion in 2024, representing a negative compound annual growth rate (CAGR) of -2.4% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 3% between 2019 and 2024, reaching a total of 10.5 million Number of sSubscriptions in 2024.
- The market growth in Singapore continued to face challenges in 2024, primarily due to evolving technology trends and infrastructure-related limitations. Despite achieving full 5G coverage nationwide, the country saw a 14% decline in 4G subscriptions, according to the Organisation for Economic Co-operation and Development (OECD), indicating a shift in user base and a saturation of older mobile technologies.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the wireless telecommunication services market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the wireless telecommunication services market in Singapore
- Leading company profiles reveal details of key wireless telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore wireless telecommunication services market with five year forecasts
Reasons to Buy
- What was the size of the Singapore wireless telecommunication services market by value in 2024?
- What will be the size of the Singapore wireless telecommunication services market in 2029?
- What factors are affecting the strength of competition in the Singapore wireless telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's wireless telecommunication services market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Singtel Optus Pty Ltd
- StarHub Ltd
- M1 Ltd
- TPG Telecom Ltd