Indian Telecom Services Market 2016 is expected to reach $103.90 billion by 2020 with CAGR of 10.3%

The telecommunication services are registered as the essential key elements for the economic growth across the world. The Indian telecom services market has recorded exponential growth in the past few years. As a result, the market has emerged as a second largest market in the world.The Indian telecom service market is estimated to touch $103.90 billion by 2020 ata CAGR of 10.3% during the period from 2015 to 2020

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The Indian Telecom services market is one of the fastest growing markets in the world. Telecommunications is one of the prime support services needed for rapid growth and modernisation of various sectors of the economy. The policies and regulatory frame works implemented by TRAI (Telecom Regulatory Authority of India) created a potential environment for service providers. The increasing network coverage and decreasing of tariff rates due to heavy competition were the potential drivers in the past few years. Some of the major players include Bharti airtel, Vodafone, Idea Cellular and etc. The report provides unique insights into and in-depth analysis of Telecom Service Providers in India, drivers and restraints as well as growth opportunities. It also contains analysis and forecasted revenues, competitive landscape, company profiles and industry trends.

Essential Key Takeaways:

Indian telecom services market is estimated to reach a CAGR of 10.3% during the period 2015–2020.
Wireless Services market is predicted to reach $39.02 billion by 2020 with a CAGR of 9.3%.
4G technology service is estimated to reach a CAGR of 26.6% during the period 2015–2020.
BFSI and IT/ITES organizations are engaging more with the customers through mobile applications. BFSI segment is expected to reach $15.16 billion by 2020, at a CAGR of 6.6% from 2015 to 2020.
Oil & Gas and others are recorded as emerging verticals in the upcoming years.

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Table of Contents

1 Industry Overview
1.1 Industry Trends
1.2 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.3.1 Infoholic Research Forecasting Model
2.3.2 Findings From Different Sources
2.4 Report Assumptions
3 Report Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)

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