Pyramid Research Doubles Telecom Coverage in Africa/Middle East, Strengthening its Commitment to Region
Market Research and Consulting firm showcases its expanded offerings in a new complimentary Research Overview
Nov 20, 2013
BOSTON, Nov. 20, 2013 /PRNewswire/ -- Pyramid Research doubles its telecom coverage of Africa and the Middle East, expanding the number of countries and operators tracked to offer unparalleled insight into market trends to the firm's growing client base in the region. Pyramid showcases its expanded offerings in a new complimentary Research Overview, available now.
The Africa and Middle East region offers enormous potential for operators, vendors and investors alike as it reaches a new stage in its growth. According to Pyramid Research, mobile Internet revenue will maintain an explosive growth rate in the AME region and it will double in size to represent a $25 billion opportunity by 2018. Today, there are slightly more than 5 million households with FTTH broadband in AME. By 2018, this figure will have risen to more than 16 million. In 2018, one in every two subscriptions will be running either on LTE or on 3G networks. Today, it is one in every four subscriptions.
"Given the market trends occurring in the region, we are anticipating the demands of our growing client base by now offering 33 countries in Africa spanning the fixed, mobile, media and devices sectors and tracking 150+ operators," says Arathoon. "In the Middle East, Pyramid now covers 11 countries and tracks 50+ operators, while having contacts with hundreds of regulators, operators and vendors across the region."
"Through our regional research and strategic consulting services, we help our clients enhance their knowledge of their industries, enabling them to create sustainable market-entry strategy and investment decisions while assessing true revenue-generating opportunities," Arathoon explains. "Our membership as well as our consulting services will become even more robust as a result of this continued commitment to one of the industry's most dynamic regions."
Pyramid Research (pyramidresearch.com) offers practical solutions to the complex demands our clients face in the global communications industry. Its analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for more than 100 countries – a distinction that has remained unmatched for more than 25 years. As a division of UBM Tech (tech.ubm.com), Pyramid Research contributes to the only integrated business information platform serving the global communications industry.
SOURCE Pyramid Research