Burundi Telecoms, Mobile and Broadband Market Scope
Telecoms, mobile, and broadband refer to the technologies and services used for communication and internet connectivity. Telecoms, or telecommunications, is the transmission of information over a distance using devices such as telephones, radios, and computers. Telecoms services include voice calls, messaging, and internet connectivity. Mobile technology refers to the use of wireless communication networks to connect mobile devices such as smartphones, tablets, and laptops to the internet. Mobile technology allows people to access the internet and communicate while on the move, making it a key part of modern communication. and Broadband refers to high-speed internet access that can transmit large amounts of data quickly. Broadband connections are typically faster than dial-up connections and can be delivered through various technologies, including cable, DSL, fiber optic, and satellite. Broadband has revolutionized the way people access and use the internet, enabling faster downloads and uploads, smoother streaming of audio and video, and more seamless online gaming and communication. Together, these technologies and services have transformed the way people communicate and access information, and have become essential components of modern life.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | LaCell SU (Smart Burundi), VTEL Holdings (Tempo, Africell Safaris), Renaissance Capital, Econet Wireless Burundi (Spacetel), U-Com (Orascom, Telecel Globe, Leo), Office National des Telecommunications (Onatel, Onamob), BNP Paribas and Econet |
CAGR | % |
Burundi's nationwide coverage is expected by 2025, although competitors are vying for projects as it gets underway
LaCell SU (Smart Burundi), VTEL Holdings (Tempo, Africell Safaris), Renaissance Capital, Econet Wireless Burundi (Spacetel), U-Com (Orascom, Telecel Globe, Leo), Office National des Telecommunications (Onatel, Onamob), BNP Paribas and Econet are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Burundi Burundi Telecoms, Mobile and Broadband market by Type , by Application (Enterprise, Government and Personal) and Region with country level break-up.
On the basis of geography, the market of Burundi Telecoms, Mobile and Broadband has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2021, Verizon Completed its acquisition of Tracfone Wireless Inc., and its family of brands, to bring to the premium value of wireless brands.
Competition among existing players is due to the stiff market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality services and Products to cater to the ever-growing demand for Telecoms, mobile, and broadband. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage
Influencing Trend:
Increase development in the 5G speed
Market Growth Drivers:
Increasing demand for data services
Challenges:
Increase the risk of cyber-attacks and data breaches in the Industry
Restraints:
The telecoms, mobile, and broadband industry is highly regulated
Opportunities:
Increase the adoption of digital technologies
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries