The report elaborates on the mobile and fixed telecommunications and pay-TV sectors of the Honduran market. Each sector of the Honduras telecommunications market has been analyzed in a concise format according to service providers and key opportunities. The report evaluates the factors responsible for the upcoming and ongoing trends in the Honduran broadband, pay-TV, mobile communications, and fixed telephony/VoIP markets. In spite of infrastructure limitations, the VoIP telephony in the Honduras telecommunications market is used as an alternative phone, majority due to cost considerations.
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Highlights of the Honduras Telecommunications Industry
According to the report the telecom services market revenue will expand at a CAGR of 2.4% during the forecast period of 2014 to 2019. During this period, this will be the lowest growth rate in the entire Central American region, bar El Salvador. However, the mobile data segment in the Honduras telecommunications industry will continue to be the fastest-growing sector with a CAGR of 7.7% during the forecast period. This sector will demonstrate moderate growth and will amount to 19.5% of the total telecommunications service revenue generated by end of the year 2019.
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The report provides an overview of the telecommunications market in Honduras at an executive level. Valuable forecasts in the report provide key indicators of the Honduras telecommunications market till 2019. Moreover, the report delivers quantitative and qualitative insights into the Honduras telecom market with key trends analysis, near-term opportunities, and risk factors by service type and technology/platform. Like many other developing countries in Central America, Honduras has been plagued by unstable politics, which rendered telecommunications reformation difficult. However, these reformations are the need of the hour to fuel the growth of this market.
A new study titled “Honduras: Operators Speed up 3G Build-out to Comply With LTE License Terms, Accelerating Data Adoption”, available on ResearchMoz, provides key insights into the Honduras telecommunications industry. According to the report, the telecom services market in Honduras generated US$1.4 billion in 2014 (6.9% of the country’s GDP). This made the telecom services market in Honduras the 13th largest telecom services market in Latin America and the third largest in Central America. The Honduran telecom market followed Guatemala’s telecom market, with a revenue of US$3.1 billion, and Panama’s telecom market, with a revenue of US$1.4 billion.
This report features over 20 tables and charts designed for an executive-level audience. Furthermore, the all-inclusive perspective of the Honduras telecommunications market provides operators, vendors, and other industry players valuable insights and recommendations.