This Frost & Sullivan research service titled Colombian Total Telecommunications Services Market and New Opportunities for Operators, Forecast to 2024, provides market sizing and forecasts by segment and technology, both in terms of lines and revenue, as well as 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, and wireless), Pay TV (DTH, cable TV, and IPTV) and mobile services (voice, data, and others).

Market trends that are examined include regulations, macroeconomic trends, technological developments, partnerships, acquisitions, and general trends in the country.

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, and includes a 2018 market share analysis.

Analysis for 2018 to 2024 includes measurements for type of service/technology breakdown; 2018–2024 growth rates are provided. Insights about segments (residential, SMB, and large business) are also discussed in detail.

Strategies, a competitive landscape, growth analysis, and future focus are discussed for telecommunications providers pertaining to 2018. The base year for the study is 2018, with 2019-2024 as the forecast period.

Due to the proliferation of smart devices and reasonable broadband speed at competitive prices, Colombians are now digital consumers of sophisticated services such as digital payments, over-the-top (OTT) video, social media, and online gaming. The advancement of direct and indirect competition in the telecommunications market impacted revenue growth rates and the profitability margin of traditional operators in Colombia. Telcos must define roadmaps focused on their digital and innovation strategies in order to reinvent business operations and enable new services. This rapid evolution requires enterprises and industries to advance with a sound digital transformation strategy for existing business lines, new business models, and technology. This Frost & Sullivan research provides insights on the trends impacting the telecom sector.

Key Issues Addressed
• What are the trends in the market regarding technology, competition, consumer demands, and the economy?
• Is the market growing, how long will it continue to grow, and at what rate?
• Which telecommunications services present the highest growth opportunities from 2018 to 2024?
• What are the main industry restraints that operators will face until 2024?
• How are the residential, SMB, and corporate segments performing?
• What is disrupting the industry and what opportunities will be sparked as a result?
• What are 5 of the greatest opportunities?
• What important/ interesting elements will be eye catching for CEO investors or government officials?

Analyst: Gina Sanchez