Global Prepaid Wireless Service Market is Projected to Reach US$ 1,148,614 Mn by 2025


Report ID : RNR-228508 Category : Service Industries Published Date : Jan-2019
Publisher : QYResearch Pages : 117 Format : PDF
New report published by QY Research which offers insights on the global Prepaid Wireless Service market. The Prepaid Wireless Service market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Prepaid Wireless Service is expected to reflect a 1.4x increase in the revenue growth. In 2017 the global Prepaid Wireless Service market was valued at US$ 821,421 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 1,148,614 Mn growing at a value CAGR of 4.28% throughout the period of forecast.
image.png

Global Prepaid Wireless Service Market: Market Driver and Restraint

Mobile owners are opting for prepaid wireless services over postpaid and contract based services due to affordability and flexibility to switch operators. Moreover, millennials and senior population around the globe prefer prepaid services more, which in turn have made prepaid services highly popular in regions like North America and Europe. Internet users are another major factor that has given a push to the market. Active internet users around the globe have gained momentum in recent years which has increased the demand for affordable data plans.Growing dependency on mobile phonesto organize work and personal data is also driving the market. Additionally, opportunity for further smartphone penetration in developing regionssuch as Asia, Africa, and the MiddleEast is anticipated to propel the prepaid wireless servicemarket.

Global Prepaid Wireless Service Market: Key Takeaways

According to World Bank data, in developing regions like sub-Saharan Africa, more than 60% of the population have mobile phones. Today, mobile phones are affordable, easy to use, and provide several benefits with minimum requirement of any expertise to handle the device. The capability of mobile phones to provide diverse interactive activities including text messaging, calling,mobile apps, and web browsing have made them highly popular. Not only simple mobile phones but smartphones have also witnessed strong penetration around the globe. More than half of the global population own smartphones today. Smartphone owners are spending more and more time on their device for social networking and calling purposes. This in turn has given a boost to prepaid wireless service across the globe. Moreover, with cheaper voice and data plans available, mobile owners are opting for prepaid services over postpaid.

Global Prepaid Wireless Service Market: Forecast by Type

In terms of type, voice occupies the largest share in the market. However, the compound annual growth rate (CAGR) of data is expected to be higher than voce during the forecastperiod. The reason for the same is behavioral shift among individuals. Today, people are spending significant amount of time on their smartphone, using it to complete all kinds of crucial work, right from socializing to financial transactions. This is therefore creating demand for internet data plans.

Global Prepaid Wireless Service Market: Forecast by Connectivity

In terms of connectivity, the market is segmented into 2G, 3G, and 4G connectivity. Based on type, the market is segregated into data and voice. In terms of connectivity, 4G occupies the largest share of more than 50% in the overall prepaid wireless service market. Demand for 2G connectivity has drastically fallen over a period of time largely due to rollout of 4G/LTE connectivity which is much faster. Moreover, TMR believes that after the commercial roll out of 5G services, 3G connectivity services will also start losing its market. The year-on-year growth in 3G connectivity services have become stable and will start declining from the initial months of 2019. As and when large populations around the globe become active users of internet, the demand for affordable and fast data plans will increase, which in turn will increase the demand for 4G, 4.5G, and 5G connectivity services.

Global Prepaid Wireless Service Market: Forecast by Region

Based on region, the global prepaid wireless service market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. AsiaPacific dominates the market, followed by Europe and North America. In North America, mobile owners are shifting from contract based services to prepaid services in the last few years. However, the share of postpaid wireless service is still higher than prepaid wireless service, when compared with other regions such as AsiaPacific and the Middle East and Africa. The largest market for prepaid wireless service is Asia Pacific largely due to the population size and people’s preference for prepaid services over postpaid services. Europe is the second largest market (in terms of revenue) for prepaid wireless services. The prepaid wireless services market received a further boost with the popularity of the MVNO (mobile virtual network operator) model in Europe. These MVNOs provide attractive voice and data plans at affordable rates, thus creating demand for prepaid wireless services specifically in developing countries.

Global Prepaid Wireless Service Market: Key Players
Key players operating in this market adopt strategies such as product innovation, strategic alliances, partnerships, and acquisitions. The prepaid wireless service market is rather competitive; however, it is dominated by a few key players.Some of the major players in the global prepaid wireless service market include AT&T Inc., Sprint Corporation, Verizon Wireless, T-Mobile International AG, Deutsche Telekom, Vodafone Group plc, Orange S.A., Telefónica, S.A., Telstra Corporation Ltd., Telenor ASA, Emirates Telecommunication Group, Axiata Group, Bharti Airtel Limited, China Mobile Communications Corporation and AméricaMóvil.
Global Prepaid Wireless Service Market Report 2018
1 Industry Overview of Prepaid Wireless Service Market
1.1 Definition and Specifications of Prepaid Wireless Service Market
1.1.1 Definition of Prepaid Wireless Service Market
1.1.2 Specifications of Prepaid Wireless Service Market
1.2 Classification of Prepaid Wireless Service Market
1.2.1 Type I
1.2.2 Type II
1.2.3 Type III
1.3 Applications of Prepaid Wireless Service Market
1.3.1 Yield Monitoring
1.3.2 Soil Monitoring
1.3.3 Scouting
1.3.4 Others
1.4 Market Segment by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
2 Manufacturing Cost Structure Analysis of Prepaid Wireless Service Market
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Prepaid Wireless Service Market
2.3 Manufacturing Process Analysis of Prepaid Wireless Service Market
2.4 Industry Chain Structure of Prepaid Wireless Service Market
3 Technical Data and Manufacturing Plants Analysis of Prepaid Wireless Service Market
3.1 Capacity and Commercial Production Date of Global Prepaid Wireless Service Market Major Manufacturers in 2017
3.2 Manufacturing Plants Distribution of Global Prepaid Wireless Service Market Major Manufacturers in 2017
3.3 R&D Status and Technology Source of Global Prepaid Wireless Service Market Major Manufacturers in 2017
3.4 Raw Materials Sources Analysis of Global Prepaid Wireless Service Market Major Manufacturers in 2017
4 Global Prepaid Wireless Service Market Overview
4.1 2011-2018 Overall Market Analysis
4.2 Capacity Analysis
4.2.1 2011-2018 Global Prepaid Wireless Service Market Capacity and Growth Rate Analysis
4.2.2 2017 Prepaid Wireless Service Market Capacity Analysis (Company Segment)
4.3 Sales Analysis
4.3.1 2011-2018 Global Prepaid Wireless Service Market Sales and Growth Rate Analysis
4.3.2 2017 Prepaid Wireless Service Market Sales Analysis (Company Segment)
4.4 Sales Price Analysis
4.4.1 2011-2018 Global Prepaid Wireless Service Market Sales Price
4.4.2 2017 Prepaid Wireless Service Market Sales Price Analysis (Company Segment)
5 Prepaid Wireless Service Market Regional Market Analysis
5.1 North America Prepaid Wireless Service Market Analysis
5.1.1 North America Prepaid Wireless Service Market Overview
5.1.2 North America 2011-2018 Prepaid Wireless Service Market Local Supply, Import, Export, Local Consumption Analysis
5.1.3 North America 2011-2018 Prepaid Wireless Service Market Sales Price Analysis
5.1.4 North America 2017 Prepaid Wireless Service Market Share Analysis
5.2 China Prepaid Wireless Service Market Analysis
5.2.1 China Prepaid Wireless Service Market Overview
5.2.2 China 2011-2018 Prepaid Wireless Service Market Local Supply, Import, Export, Local Consumption Analysis
5.2.3 China 2011-2018 Prepaid Wireless Service Market Sales Price Analysis
5.2.4 China 2017 Prepaid Wireless Service Market Share Analysis
5.3 Europe Prepaid Wireless Service Market Analysis
5.3.1 Europe Prepaid Wireless Service Market Overview
5.3.2 Europe 2011-2018 Prepaid Wireless Service Market Local Supply, Import, Export, Local Consumption Analysis
5.3.3 Europe 2011-2018 Prepaid Wireless Service Market Sales Price Analysis
5.3.4 Europe 2017 Prepaid Wireless Service Market Share Analysis
5.4 Southeast Asia Prepaid Wireless Service Market Analysis
5.4.1 Southeast Asia Prepaid Wireless Service Market Overview
5.4.2 Southeast Asia 2011-2018 Prepaid Wireless Service Market Local Supply, Import, Export, Local Consumption Analysis
5.4.3 Southeast Asia 2011-2018 Prepaid Wireless Service Market Sales Price Analysis
5.4.4 Southeast Asia 2017 Prepaid Wireless Service Market Share Analysis
5.5 Japan Prepaid Wireless Service Market Analysis
5.5.1 Japan Prepaid Wireless Service Market Overview
5.5.2 Japan 2011-2018 Prepaid Wireless Service Market Local Supply, Import, Export, Local Consumption Analysis
5.5.3 Japan 2011-2018 Prepaid Wireless Service Market Sales Price Analysis
5.5.4 Japan 2017 Prepaid Wireless Service Market Share Analysis
5.6 India Prepaid Wireless Service Market Analysis
5.6.1 India Prepaid Wireless Service Market Overview
5.6.2 India 2011-2018 Prepaid Wireless Service Market Local Supply, Import, Export, Local Consumption Analysis
5.6.3 India 2011-2018 Prepaid Wireless Service Market Sales Price Analysis
5.6.4 India 2017 Prepaid Wireless Service Market Share Analysis
6 Global 2011-2018 Prepaid Wireless Service Market Segment Market Analysis (by Type)
6.1 Global 2011-2018 Prepaid Wireless Service Market Sales by Type
6.2 Different Types of Prepaid Wireless Service Market Product Interview Price Analysis
6.3 Different Types of Prepaid Wireless Service Market Product Driving Factors Analysis
6.3.1 Type I Prepaid Wireless Service Market Growth Driving Factor Analysis
6.3.2 Type II Prepaid Wireless Service Market Growth Driving Factor Analysis
6.3.3 Type III Prepaid Wireless Service Market Growth Driving Factor Analysis
7 Global 2011-2018 Prepaid Wireless Service Market Segment Market Analysis (by Application)
7.1 Global 2011-2018 Prepaid Wireless Service Market Consumption by Application
7.2 Different Application of Prepaid Wireless Service Market Product Interview Price Analysis
7.3 Different Application of Prepaid Wireless Service Market Product Driving Factors Analysis
7.3.1 Yield Monitoring of Prepaid Wireless Service Market Growth Driving Factor Analysis
7.3.2 Soil Monitoring of Prepaid Wireless Service Market Growth Driving Factor Analysis
7.3.3 Scouting of Prepaid Wireless Service Market Growth Driving Factor Analysis
7.3.4 Others of Prepaid Wireless Service Market Growth Driving Factor Analysis
8 Major Manufacturers Analysis of Prepaid Wireless Service Market
8.1 Company 1
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
8.1.2.1 Type I
8.1.2.2 Type II
8.1.2.3 Type III
8.1.3 Company 1 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.1.4 Company 1 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.2 Company 2
8.2.1 Company Profile
8.2.2 Product Picture and Specifications
8.2.2.1 Type I
8.2.2.2 Type II
8.2.2.3 Type III
8.2.3 Company 2 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.2.4 Company 2 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.3 Company 3
8.3.1 Company Profile
8.3.2 Product Picture and Specifications
8.3.2.1 Type I
8.3.2.2 Type II
8.3.2.3 Type III
8.3.3 Company 3 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.3.4 Company 3 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.4 Company 4
8.4.1 Company Profile
8.4.2 Product Picture and Specifications
8.4.2.1 Type I
8.4.2.2 Type II
8.4.2.3 Type III
8.4.3 Company 4 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.4.4 Company 4 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.5 Company 5
8.5.1 Company Profile
8.5.2 Product Picture and Specifications
8.5.2.1 Type I
8.5.2.2 Type II
8.5.2.3 Type III
8.5.3 Company 5 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.5.4 Company 5 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.6 Company 6
8.6.1 Company Profile
8.6.2 Product Picture and Specifications
8.6.2.1 Type I
8.6.2.2 Type II
8.6.2.3 Type III
8.6.3 Company 6 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.6.4 Company 6 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.7 Company 7
8.7.1 Company Profile
8.7.2 Product Picture and Specifications
8.7.2.1 Type I
8.7.2.2 Type II
8.7.2.3 Type III
8.7.3 Company 7 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.7.4 Company 7 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.8 Company 8
8.8.1 Company Profile
8.8.2 Product Picture and Specifications
8.8.2.1 Type I
8.8.2.2 Type II
8.8.2.3 Type III
8.8.3 Company 8 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.8.4 Company 8 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.9 Company 9
8.9.1 Company Profile
8.9.2 Product Picture and Specifications
8.9.2.1 Type I
8.9.2.2 Type II
8.9.2.3 Type III
8.9.3 Company 9 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.9.4 Company 9 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.10 Company 10
8.10.1 Company Profile
8.10.2 Product Picture and Specifications
8.10.2.1 Type I
8.10.2.2 Type II
8.10.2.3 Type III
8.10.3 Company 10 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.10.4 Company 10 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.11 Company 11
8.11.1 Company Profile
8.11.2 Product Picture and Specifications
8.11.2.1 Type I
8.11.2.2 Type II
8.11.2.3 Type III
8.11.3 Company 11 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.11.4 Company 11 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
8.12 Company 12
8.12.1 Company Profile
8.12.2 Product Picture and Specifications
8.12.2.1 Type I
8.12.2.2 Type II
8.12.2.3 Type III
8.12.3 Company 12 2017 Prepaid Wireless Service Market Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.12.4 Company 12 2017 Prepaid Wireless Service Market Business Region Distribution Analysis
9 Development Trend of Analysis of Prepaid Wireless Service Market
9.1 Global Prepaid Wireless Service Market Trend Analysis
9.1.1 Global 2018-2021 Prepaid Wireless Service Market Size (Volume and Value) Forecast
9.1.2 Global 2018-2021 Prepaid Wireless Service Market Sales Price Forecast
9.2 Prepaid Wireless Service Market Regional Market Trend
9.2.1 North America 2018-2021 Prepaid Wireless Service Market Consumption Forecast
9.2.2 China 2018-2021 Prepaid Wireless Service Market Consumption Forecast
9.2.3 Europe 2018-2021 Prepaid Wireless Service Market Consumption Forecast
9.2.4 Southeast Asia 2018-2021 Prepaid Wireless Service Market Consumption Forecast
9.2.5 Japan 2018-2021 Prepaid Wireless Service Market Consumption Forecast
9.2.6 India 2018-2021 Prepaid Wireless Service Market Consumption Forecast
9.3 Prepaid Wireless Service Market Trend (Product Type)
9.4 Prepaid Wireless Service Market Trend (Application)
10 Prepaid Wireless Service Marketing Type Analysis
10.1 Prepaid Wireless Service Market Regional Marketing Type Analysis
10.2 Prepaid Wireless Service Market International Trade Type Analysis
10.3 Traders or Distributors with Contact Information of Prepaid Wireless Service Market by Regions
10.4 Prepaid Wireless Service Market Supply Chain Analysis
11 Consumers Analysis of Prepaid Wireless Service Market
11.1 Consumer Analysis
11.2 Consumer 2 Analysis
11.3 Consumer 3 Analysis
11.4 Consumer 4 Analysis
12 Conclusion of the Global Prepaid Wireless Service Market Professional Survey Report 2018
Author List
12.1 Table Part of Interviewees Record List
12.2 Disclosure Section
12.3 Research Methodology
12.4 Data Source
12.5 China Disclaimer