CAMBRIDGE, Massachusetts, January 22 /PRNewswire/ -- Despite formidable regulatory and legal hurdles, Iran's telecom market will grow to US$12.9 billion by 2014, a CAGR of 6.9 percent, according to a new report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com).
Iran: Strong Telecom Growth Expected, Despite Political Uncertainties offers a precise, incisive profile of the country's converged telecommunications, media, and technology sectors based on proprietary data from our research in the Iranian market. This 30-page report provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies, such as WiMax, IPTV, and VoIP. It provides a comprehensive view of the Iranian communications market by analyzing key trends, evaluating near-term opportunities, and assessing upcoming risks factors. Download an excerpt of this report here (http://www.pyr.com/downloads.htm?id=18sc=PRN012110_IRAN).
From a revenue point of view, Iran is one of the most attractive markets in the Middle East region given its size - by year-end 2009, it was the fourth-largest market in the region at US$9.2 billion and is expected to grow to US$12.9 billion by 2014 at a CAGR of 6.9 percent, notes Dearbhla McHenry, Senior Analyst at Pyramid Research and author of the report. However, regulatory and legal hurdles forbid foreigners from owning majority stakes in telecom companies, and with most of the fixed sector still under the monopoly of the government-owned incumbent, TCI, the Internet sector in particular is still only beginning to enter the growth phase, she adds.
The country's comparatively late introduction of competition means that the market is still in a rapid-growth phase, with the data segment in particular (both fixed and mobile) developing very fast in terms of number of users and amount of use, says McHenry. We expect data's share of total revenue to double over the next five years, reaching US$4.5 billion by 2014; important drivers of new growth in both segments will keep the split between fixed and mobile services steady over the forecast period, continues McHenry. On the mobile side, Pyramid expects the launch of a third operator to boost adoption and revenue, while on the fixed side, the launch of new WiMax operators will herald the beginning of Iran's broadband era.
Iran: Strong Telecom Growth Expected, Despite Political Uncertainties is part of Pyramid Research's Africa the Middle East Country Intelligence Report Series. Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments, and competitive dynamics for 60 countries worldwide. It can be purchased online here (http://www.pyramidresearch.com/store/CIRIRAN.htm?sc=PRN012110_IRAN) or through Amalia Vega via email at email@example.com or telephone at +1-809-330-4520.
About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries - a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (www.lightreading.com) is the leading online media, research, and focused event company serving the US$3 trillion worldwide communications market. Lightreading.com is the ultimate source for technological and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, and TelcoTV Asia, Ethernet Expo New York and Ethernet Europe, and The Tower Summit @ CTIA, as well as focused one-day events tailored for cable, mobile, and wireline executives in the U.S., Europe, India, and China. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than US$2.5 billion.
*13.3 million business decision-makers: based on number of monthly connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com.
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SOURCE: Pyramid Research
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