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Finance & Economics

COVID-19’s impact on mobile services revenue in Thailand unveiled

Jan 12, 2021

Mobile data services revenues will be the largest contributing segment towards the total telecom services market

mobile revenue

COVID-19’s impact on mobile services revenue in Thailand unveiled. Source: pexels.com

Mobile data revenues will grow at a CAGR of 6.2% by 2025, driven by the growing consumption of online video content and social networking applications, according to GlobalData.

The total revenue will increase to $13.7 billion in 2025, as mobile data, fixed broadband and pay-TV will be the key the segment driving growth in the telecom market over the next five years.

Though 4G will remain the leading mobile technology in Thailand, by subscription share until 2024, 5G will surpass 4G subscriptions and account for 56.2% of the total mobile subscriptions by 2025, supported by the ongoing 5G network expansion by all major operators in the country and increase in the availability of 5G-compatible handsetsrnrn
Anshika Gandotra, Telecom Analyst at GlobalData

We’ve reported that e-commerce sales across Indonesia are estimated to rise at a compound annual growth rate of 19.2% to reach $51 billion in 2024.

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