Definition:
The Communication Services market encompasses a wide array of services and technologies that enable people to connect, share information, and communicate with each other. It includes traditional forms of communication like phone calls and television services, as well as digital platforms such as the Internet.
This market plays a pivotal role in facilitating personal and business communication, making it an essential part of our interconnected world. It continuously evolves with technological advancements, offering new ways for individuals and organizations to stay connected and informed.
Structure:
The Communication Services market includes revenues generated by its four key markets - Fixed Data, Fixed Voice, Mobile Data, and Mobile Voice:
Additional information:
The Communication Services market comprises revenues, revenue change, average spend per capita, as well as a list of the key players in the market and their consolidated revenues. Market values represent revenues paid by end consumers and enterprises for carrier services directly to telecommunications providers, either directly or through distribution channels (manufacturer prices, excluding VAT). Reported market revenues include consumer spending (B2C) and business spending (B2B). Detailed definitions of each market can be found on the corresponding market pages. Key players in the market include AT&T, China Telecom, Deutsche Telekom, and Vodafone Group.
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Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Mar 2024
Most recent update: Mar 2024
Source: Statista Consumer Insights Global
Most recent update: Mar 2024
Source: Statista Consumer Insights Global
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Company Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Sources: Statista Market Insights, Financial Statements of Key Players
Most recent update: Mar 2024
Source: Statista Market Insights
The communication services market is shaped by continuing developments in technology. These developments enable ever faster data transmission rates, both for landline and mobile phone sectors, and are considered one of the main drivers of digitalization. Since competition is fierce in the communication services market, revenue growth in the field of data transmission services can primarily be traced back to a general increase in access to the internet. At the same time, voice and video calls using the internet are now replacing classic landlines and mobile phone speech technology systems using the public telephone network. This results in declining revenues in these sectors in almost every country.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Mar 2024
Sources: Statista Market Insights, IMF, Financial Statements of Key Players, ITU - International Telecommunication Union, National statistical offices
Data coverage:
The data encompasses B2B and B2C enterprises. Figures are based on the revenues of telecommunications providers generated by end consumers and enterprises.Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use financial statements of key players, national statistical offices, and telecommunications regulatory authorities. In addition, we use relevant key market indicators and data from country-specific associations, such as the number of fixed broadband subscriptions, the number of telephone subscriptions, the number of mobile broadband connections, the number of cellular subscriptions, and the GDP. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing, is based on the behavior of the relevant market.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights