IT Tech and Media
India has emerged as a global telecommunications powerhouse.
Formatted :
Asia, Europe, South America
Description
India has emerged as a global telecommunications powerhouse. With over 1.19 billion subscribers as of March 2024, it stands as the world's second-largest mobile market. This rapid growth trajectory over the past decade is projected to significantly contribute to India's GDP, according to a GSMA report. India's dominance is further underscored by its position as the second-largest market for app downloads, surpassing the US in 2019. The Indian government's pro-business policies have been instrumental in fostering this growth. A conducive regulatory environment, coupled with relaxed FDI norms, has attracted substantial investments and spurred competition. These factors have collectively made telecommunications one of India's fastest-growing and largest employment sectors, delivering affordable services to millions.
Overview
Impact of external trends on telecom industry The Indian telecom industry has undergone significant transformations due to various external trends. These trends have shaped the industry's growth, competition, and innovation. Here are some key external factors influencing the Indian telecom sector: a. Technological Advancements 5G Deployment: The global push for 5G has prompted Indian telecom operators to invest in infrastructure upgrades and spectrum acquisitions, influencing competition and service offerings. IoT and AI Integration: The rise of IoT devices and AI-driven services is encouraging operators to explore new revenue streams through smart city projects and enterprise solutions. b. Government Policies and Regulations Spectrum Auctions: Frequent spectrum auctions and high reserve prices have impacted financial planning and profitability for telecom companies. PLI Schemes: The Production-Linked Incentive (PLI) scheme for telecom equipment manufacturing has spurred domestic production and reduced reliance on imports. Data Protection Laws: Proposed data privacy regulations are compelling telecom companies to focus on data security and compliance. c. Consumer Behaviour Rising Data Consumption: Increasing smartphone penetration and affordable data plans have driven a surge in data consumption, encouraging operators to expand their network capacities. Demand for OTT Platforms: The popularity of over-the-top (OTT) platforms is pushing telecom providers to offer bundled services, including streaming and digital content. 481.0 290.8 137.4 27.6 2.3 1.2 1.1 1.1 1.0 0.9 Subscriber base of top 10 Telecom Service providers (in mn) d. Economic Factors Pricing Wars: The entry of disruptive players like Reliance Jio has led to intense price competition, squeezing profit margins and driving consolidation in the industry. Rising Investments: Foreign Direct Investment (FDI) and global partnerships are fueling technological upgrades and network expansion.
Content
Table of contents
1. Introduction a. Snapshot of Indias Telecom Sector
2. Telecommunication sector landscape
a. Telecoms are operationalizing generative AI
b. New ways of working
c. The new home broadband reality: More options mean more competition
d. CSPs work to define their role in enterprise connectivity
e. Post-peak 5G spending trough and vendor consolidation
3. Competitive landscape a. Telephone subscribers b. Internet/ Broadband subscribers
4. Impact of external trends on telecom industry
a. Technological advancements
b. Government policies and regulations
c. Consumer behaviour
d. Economics factors
e. Global geopolitical trends
f. Environmental and Social trends
5. Future of telecom 6. Insights on the industry
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What you get?
India's telecommunications sector has witnessed substantial growth, solidifying its position as the world's second-largest market. Both wireless and wired broadband subscriptions have expanded consistently. As of March 2024, India boasted 1.16 billion wireless subscribers. Reliance Jio led the market with 469.73 million users, followed by Airtel, Vodafone Idea, and BSNL. In the same period, wired broadband subscriptions reached 40.06 million. Data consumption has surged, with total wireless data usage climbing from 47.63 petabytes in September 2023 to 49.54 petabytes by December 2023, a 4.01% increase. While 4G accounted for the majority (86.66%) of data usage, 5G's contribution was also significant at 12.59%.