Technology & Media
Singapore Mobile Phones Market Summary, Competitive Analysis and Forecast to 2027
Singapore Mobile Phones Market Summary, Competitive Analysis and Forecast to 2027
Singapore Mobile Phones Market Summary, Competitive Analysis and Forecast to 2027
Summary
Mobile Phones in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key HighlightsThe Mobile Phones market includes mobile phone service revenues and average minutes of use (MOU). Market values are made up of total mobile revenues containing revenues from mobile service providers and other members of the mobile service value-chain for the provision of mobile telephony services, excluding revenues from the sale of devices. Market volumes are made up of two segments: prepaid and postpaid, which consist of prepaid average monthly MOU and postpaid average monthly MOU. Minutes of use are made up from the average of voice minutes used in mobile subscriptions, including both incoming and outgoing calls, but not including M2M/IoT voice services.The Singaporean mobile phones market had total revenues of $1.8 billion in 2022, representing a negative compound annual growth rate (CAGR) of 7.4% between 2017 and 2022.Market consumption volumes declined with a CAGR of 12.0% between 2017 and 2022, to reach a total of 274.8 average MOU in 2022.The Singaporean mobile phones market has saturated due to the high penetration of mobiles and smartphones in the country. Singapore had a high mobile penetration rate of 157% in 2020.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the mobile phones market in SingaporeUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the mobile phones market in SingaporeLeading company profiles reveal details of key mobile phones market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the Singapore mobile phones market with five year forecastsReasons to BuyWhat was the size of the Singapore mobile phones market by value in 2022?What will be the size of the Singapore mobile phones market in 2027?What factors are affecting the strength of competition in the Singapore mobile phones market?How has the market performed over the last five years?What are the main segments that make up Singapore's mobile phones market?