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South Africa: Mobile Data Revenue Will Almost Double From its 2011 Figure of $2.8bn to Surpass $5bn in 2018(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/j3jxb4/south_africa_lte) has announced the addition of the "South Africa: LTE Rollouts, Network Investments and Undersea Cables to Boost Competition and Revenue" report to their offering. The most significant growth in the South African telecom market over the next five years will come in mobile data and fixed VoIP services. Mobile data revenue will almost double from its 2011 figure of $2.8bn to surpass $5bn by 2018. The rise of VoIP will be similarly strong and can be credited to new offers for businesses. The South African market offers opportunities for players across the value chain, from smartphone vendors to network providers. The author expects South Africa's telecom market revenue to grow at a CAGR of 2% over the forecast period, from estimated $14.4bn in 2013 to $16.1bn in 2018. Mobile communications was once again the dominant telecom sector in 2013, generating $10.2bn. However, as market players get pulled into aggressive price wars with further cuts in mobile termination rates, we expect voice revenue to decline at a compound rate of -2% over the forecast period. Over the next few years, the most significant growth in the market should occur in mobile data and fixed VoIP services. The author projects that mobile data revenue will almost double from its 2011 figure of $2.8bn to surpass $5bn in 2018. The rise of VoIP will be similarly strong and can be credited to new offers for businesses, principally targeting the small and midsize enterprise (SME) segment. The author expects revenue from these services to grow at an impressive CAGR of 29%, from $46m in 2013 to $160m in 2018. For more information visit http://www.researchandmarkets.com/research/j3jxb4/south_africa_lte About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Telecommunications and Networks (http://www.researchandmarkets.com/categories.asp?cat_id=20&campaign_id=j3jxb4) . (c) 2014 M2 COMMUNICATIONS |