telecommunication industry

It is estimated that the total revenue of China’s multi network convergence service will reach 74.1 billion US dollars by the end of 2025 From GlobalData

The following is the It is estimated that the total revenue of China’s multi network convergence service will reach 74.1 billion US dollars by the end of 2025 From GlobalData recommended by recordtrend.com. And this article belongs to the classification: telecommunication industry .

According to global data, a data and analysis company, the total revenue of China’s multi network convergence services is expected to grow at a strong compound annual growth rate (CAGR) of 12.5% from 2020 to 2025, and is expected to reach US $74.1 billion by the end of 2025, mainly due to the strong growth of triple play and quadruple play subscription.

The analysis of China’s multi network forecast model of GlobalData shows that during 2020-2025, although the domestic dual network revenue will grow at a compound annual growth rate of 7.5%, the revenue of the three networks and the four networks will also grow at a compound annual growth rate of 14% and 22.1% respectively during the forecast period.

“The revenue growth of China’s multi network broadcasting service will be mainly driven by the wide spread of fixed broadband infrastructure and broadband penetration, which is expected to grow to 43% by 2025,” said aasif Iqbal, a telecom analyst at GlobalData

By 2025, China Telecom will continue to maintain its leading position in the market, followed by China Unicom. China Telecom is continuously promoting its multi-party bundled services with high-speed optical fiber connection to attract customers and increase revenue. In addition, its extensive optical fiber network enables it to provide high-quality services such as 4K TV.

Iqbal concluded: “local operators should focus on creating innovative triple play and quadruplplay packages to attract single and dual network customers, which corresponds to higher ARPU.”

Source: Advanced Television * this article is compiled by the future media network

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