Data Services Driving Market Growth in the Colombian Total Telecommunication Services Market

This Frost & Sullivan research service provides market sizing and forecasts by segment and technology, both in terms of lines and revenues and market share figures. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: fixed telephony, data communications (VPN IP MPLS, Carrier Ethernet, and other technologies), fixed broadband (ADSL, cable modem, FTTH, others), pay TV, and mobile services (voice, data, and others).

Market trends that have been examined include regulations, macroeconomic trends, technological developments, partnerships, acquisitions, and general trends in the country that are likely to drive or restraint market growth.

The study explores growth opportunities that will be created by telecommunications service providers and identifies potential business models. It evaluates telecommunications service providers’ future focus on infrastructure, technologies, services, and business models, portfolio evolution, customer experience, among others, and includes a 2019 market share analysis.

Analysis for 2019 to 2025 includes measurements for the type of service/technology breakdown; 2019–2025 growth rates have also been provided. Insights about segments (residential, small and medium businesses, and large businesses) have also been discussed.

Strategies, a competitive landscape, growth analysis, and future focus have been discussed for telecommunications providers (examples: América Móvil, Telefónica, TigoUne, ETB, Directv, Emcali, and others) pertaining to 2019. The base year for the study is 2019, with 2020 to 2025 as the forecast period.

Due to the proliferation of smart devices and reasonable broadband speed at competitive prices, virtual applications have become significantly popular with Colombian consumers; these include applications such as digital payments to over-the-top (OTT) video, social networking platforms, and apps that relate to personal well-being. This rapid evolution requires enterprises and industries to have a robust digital transformation strategy for existing business lines, new business models, and technology to succeed in the future. This Frost & Sullivan research provides insights on the trends impacting the telecom sector as well as the effect the Covid-19 pandemic has had on it.

Key Issues Addressed
• What are the trends affecting the total telecommunications services market with regard to technology, competition, consumer demands, and the economy?
• Is the market growing, how long will it continue to grow, and at what rate?
• Which are the telecommunications services that present the highest growth opportunities from 2019 to 2025?
• What are the main market restraints that operators will face until 2025?
• How are the residential, SMB, and large business segments performing?
• How is the Covid-19 pandemic impacting each of the telecommunication services in the market?

Author: Gina Sanchez