Telecommunication Services in Russia
SummaryTelecommunication Services in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Telecommunication services market is segmented into fixed and wireless telecommunication services.
- The Russian telecommunication services market recorded revenues of $17.2 billion in 2024, representing a compound annual growth rate (CAGR) of 3.0% between 2019 and 2024.
- Market consumption volumes declined with a negative CAGR of 0.02% between 2019 and 2024, reaching a total of 322.4 million subscriptions in 2024.
- In 2024, Russia's telecommunications market value declined despite an increase in subscriptions. The decline was primarily due to geopolitical tensions and international sanctions, which restricted access to necessary technologies and equipment for telecom infrastructure development, leading to increased operational costs.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in Russia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Russia
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Russia telecommunication services market with five year forecasts
Reasons To Buy
- What was the size of the Russia telecommunication services market by value in 2024?
- What will be the size of the Russia telecommunication services market in 2029?
- What factors are affecting the strength of competition in the Russia telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Russia's telecommunication services market?
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