Belgium: Country Intelligence Report

2017-08-16
Price :
Published : Aug-2017
No. of Pages : 39

Belgium: Country Intelligence Report

Summary

Belgium is the seventh most populated country in Western Europe with a population of 11.4m as of 2017. We expect the population to grow at a CAGR of 0.5% over the 2017-2022 periods to reach 11.7m by 2022 driven by increase in life expectancy and immigration. Belgium’s nominal GDP will reach US$469.5bn in 2017, a 0.5% growth over 2016. Belgium will experience higher growth over the next two years led by an accommodative fiscal stance and rise in private consumption to reach $563.4bn by 2022, a 4.7% CAGR over 2017-2022.

Telecom services revenue in Belgium is estimated to grow at a CAGR of 2.3% during 2017-2022, primarily driven by rising smartphone adoptions, increasing OTT consumption as well as high-speed LTE connectivity. Mobile data will be the largest revenue-contributing and fastest-growing segment, followed by fixed broadband. Both are estimated to grow at a CAGR of 7.5% and 2.5%, respectively, during 2017-2022. Going forward, operators should continue to focus on network investments and upgrades, particularly expanding 4G networks, and invest in 5G trials. Government plans to extend at least 30Mbps broadband speed to 100% of households by 2020 will open ample opportunities for operators in the market in coming years.

Belgian telecom services revenue will reach $6.6bn (€6.2bn) by the end of 2017, a slight growth of 0.8% over 2016 in local currency. The revenue will decline by 0.2% in 2018 before recovering in 2019 and posting 0.7% CAGR in € over 2017-2022. While decline in voice and messaging revenue will squeeze overall revenue growth, steady rise in demand for fixed broadband and robust growth projections for mobile data adoption will sustain revenue growth over the 2017-2022 forecast periods.

Mobile subscription penetration will grow from an estimated 137.3% in 2017 to 176.4% by 2022. The growth in subscription penetration over the forecast period will be facilitated mostly by gradual rise in adoption of M2M communications.

The report “Belgium: Country Intelligence Report” provides an executive-level overview of the telecommunications market in Belgium today, with detailed forecasts of key indicators up to 2021.

In particular, this report provides the following –
– Regional Context: Telecom market size and trends in Belgium compared with other countries in the region.
– Economic, demographic and political context in Belgium.
– The regulatory environment and trends: A review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, number portability and more.
– Demand Profile: Analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, and mobile data markets.
– Service evolution: A look at changes in the breakdown of overall revenue between the fixed and mobile sectors and between voice, data and video from 2016 to 2021.
– Competitive landscape: An examination of key trends in competition and in the performance, revenue market shares and expected moves of service providers over the next 18-24 months.
– In-depth sector analysis of fixed telephony, broadband, mobile voice, and mobile data services: A quantitative analysis of service adoption trends by network technology and by operator, as well as of average revenue per line/subscription and service revenue through the end of the forecast period.
– Main Opportunities: Details the near-term opportunities for operators, vendors and investors in Belgium’s telecommunications markets.

Companies mentioned in this report: Proximus, Orange Belgium, Telenet, Lycamobile.

Scope

– The overall telecom service revenue in Belgium will grow at a CAGR of 2.3% during 2017-2022, mainly driven by growth in the mobile data and fixed broadband segment.
– Mobile revenue will account for 54.1% of total telecom revenue in 2022; mobile data will be the fastest-growing segment and will grow at a CAGR of 7.5% over the forecast period 2017-2022.
– The top two operators, Proximus and Orange Belgium, is estimated to account for 67.7% share of total mobile subscriptions in 2017. We expect competition to intensify further as operators focus on improving their mobile network by expanding to 4.5G networks and trials for 5G.
– The fiber segment is estimated to witness robust growth in the fixed market.

Reasons to buy

– This Country Intelligence Report offers a thorough, forward-looking analysis of Belgium’s telecommunications markets, service providers and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
– Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Belgium’s mobile communications, fixed telephony, broadband markets, including the evolution of service provider market shares.
– With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
– The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Belgium’s telecommunications markets.
– The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors and other telecom industry players succeed in the challenging telecommunications market in Belgium.

Filed in: Information Technology
Publisher : GlobalData
More Reports
Title Price Buy Now

Smart City Platforms Market by Offering (Platforms (Connectivity Management Platform, Integration Platform, Device Management Platform, Security Platform, and Data Management Platform) and Services), Delivery Model, and Region – Global Forecast to 2025

Increase in demand for platform providers is one of the major factors expected to drive the growth of the smart city platforms market The global smart city platforms market size is expected to grow from USD 138.7 billion in 2020 to USD 236.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period.A huge opportunity for platform provider vendors is available due to the implementation of integrated Internet of Things (IoT) solutions in a smart city. These IoT solutions have various segments, such as hardware, software, and cloud security services. Presently, platform providers have to install, manage, and maintain technological solutions provided for smart cities in an integrated platform on a regular basis. Platform providers act as intermediaries fo......
$4950

Anti-money Laundering Market by Component, Solution (KYC/CDD and Watchlist, Transaction Screening and Monitoring), Deployment Mode, End User (Banking and Financials, Gaming/Gambling Organizations), and Region – Global Forecast to 2025

The global post-COVID-19 AML Solution market size to grow at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period MarketsandMarkets forecasts the globalpost-COVID-19 AML Solution market size to grow from USD 2.2 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during 2020–2025. The major growth drivers for the market include stringent government regulation and increased focus of financial institutions on digital payment related issues. However, increased complexities of AML solutions limiting ability of early detection of frauds is restraining the market. Transaction Screening and Monitoring Solution to grow at the highest rate during the forecast period The transaction screening and monitoring solution is developed......
$4950

Artificial Intelligence (Chipsets) Market by Technology (Machine learning, Natural Language Processing, Context Aware Computing, Computer Vision), Hardware (Processor, Memory, Network), End-User Industry, and region – Global Forecast to 2026

“The AI (chipsets) market is projected to grow at a CAGR of 40.1% from 2020 to 2026.” The global AI (chipsets) market size is expected to be valued at USD 7.6 billion in 2020 and is likely to reach USD 57.8 billion by 2026, at a CAGR of 40.1% during the forecast period. Major drivers for the market are increasingly large and complex datasets driving the need for AI, the adoption of AI for improving consumer services & reducing operational costs, the growing number of AI applications, the improving computing power, and growing adoption of deep learning and neural networks. The major restraint for the market is the lack of a skilled workforce. Critical challenges facing the AI (chipsets) market include low return on investment, creating models & mechanisms for AI, and the a......
$4950

Digital Signature Market by Component (Solutions and Services), Solution (Software and Hardware), Deployment Mode, Organization Size, Vertical (BFSI, Government, Healthcare and Life Sciences, Legal, Real Estate), and Region – Global Forecast to 2026

Government initiatives and transition toward digitalization to drive the overall growth of the digital signature market. The digital signature market is projected to grow from USD 2.8 billion in 2020 to USD 14.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 31.0% during the forecast period. Government initiatives and transition toward digitalization to drive the overall market growth. By component, services segment to grow at a higher CAGR during the forecast period The services in the digital signature market are critical as they provide support for proper functioning of software and hardware solutions. Digital signature services comprise technical support services required to effectively integrate digital signature solutions, and technical expertise required to mai......
$4950

Digital Logistics Market by Solution (Asset Management, Warehouse Management, Data Management and Analytics, Security, Network Management), Service, Function (Warehouse Management, Transportation Management), Vertical, and Region – Global Forecast to 2025

“Exponential growth in the eCommerce industry  to drive the growth of the digital logistics market” The global digital logistics market size is expected to grow from USD 17.4 billion in 2020 to USD 46.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. The rise in e-commerce activities requires logistics providers to operate faster and more efficiently to rapidly process small individual orders. Online customers expect order accuracy, same-day or same-hour delivery, and free returns. E-commerce companies are exploring ways to reduce order delivery times and operational costs. The e-commerce industry drives the demand for transparency, affordability, convenience, and speed in delivery as well as compelling frictionless returns. To cater to......
$4950

Image Recognition in CPG Market by Component (Hardware, Solutions & Services), Application (Inventory Analysis, Product and Shelf Monitoring Analysis & Gauging Emotions), Deployment Mode, End User (Online & Offline), and Region – Global Forecast to 2025

“Need for efficient and profitable retail execution processes with adherence to compliance standards expected to drive the growth of the image recognition in CPG market” The global image recognition in CPG market size is expected to grow from an estimated value of USD 1.4 billion in 2020 to USD 3.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.7 % from 2020 to 2025. The image recognition in CPG industry is driven by various factors, such as Increased in the need for efficient and profitable retail execution processes with adherence to compliance standards and technological advancements to boost the adoption of image recognition in CPG market across the globe during the forecast period.However, High installation cost of image recognition services can hinder the growt......
$5650

Industrial Cybersecurity Market by Security type (Network, Endpoint, Application, Cloud, Wireless and Others), Offering (Products and Solutions & Services), End-User (Power, Utilities, Transportation, Chemicals & Manufacturing and Others) & Geography – Global Forecast to 2025

“ICS market is projected to grow at CAGR of 5.8% from 2020 to 2025” The ICS market is expected to grow at a CAGR of 5.81% from USD 16.9 billion in 2020 to USD 22.5 billion. Increasing cyber-attacks on various industries to increase the industrial cybersecurity market. “ICS market for application security expected to grow at highest CAGR during forecast period” Application security refers to the security of software and code from external and internal threats, including web attacks, DDoS attacks, site scraping, and fraud. It involves security policies to protect industrial applications and confidential information from both random and targeted application security attacks. It is a structured practice for the protection of applications, using hardware, software, and operatio......
$4950

Hadoop Big Data Analytics Market by Component (Solutions and Service), Deployment Mode, Organization Size, Business Function, Vertical (BFSI, Healthcare and Life Sciences, Manufacturing), and Region – Global Forecast to 2025

 “Surging demand for enhancing customer experience and carrying out real-time patient health and asset monitoring, remotely, is expected to act as a growth opportunity for the Hadoop big data analytics market.” The global Hadoop big data analytics market size to grow from USD 12.8 billion in 2020 to USD 23.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.0% during the forecast period. Various factors such as the growing focus on digital transformation, rise in investments in analytics, increasing focus on remote monitoring in support of the COVID-19 pandemic, growing adoption of smart payment technologies, and business need to build a digital infrastructure for large-scale deployments are expected to drive the adoption of Hadoop big data analytics market. The object......
$4950

Industrial Control Systems (ICS) Security Market by Component, Solution (Antimalware/Antivirus, DDoS Mitigation, Encryption, Firewall, IDPS, Security and Vulnerability Management), Service, Security Type, Vertical, and Region – Global Forecast to 2025

An increase in the number of security breaches and cyberattacks and stringent government regulations is driving the growth of the global ICS security market The global ICS security market size in the post-COVID-19 scenario is projected to grow from USD 15.8 billion in 2020 to USD 22.2 billion by 2025 at a CAGR of 7.0% during the forecast period. An increasingnumber of security breaches and cyberattacks and a mandate to follow regulatory and data protection laws pertaining to industry security regulations have contributed to the growth of the ICS security market ecosystem. By component, solutions segment to lead the market in 2020 In the post-COVID-19 scenario, the solutions segment is expected to dominate the ICS security market during the forecast years. Continuing to deal with ......
$4950

J Sainsbury plc – Enterprise Tech Ecosystem Series

J Sainsbury plc - Enterprise Tech Ecosystem Series Summary J Sainsbury plc (Sainsbury's) is a multi-channel retailer that offers groceries, general merchandise, and clothing products through its retail outlets. The company operates supermarkets and convenience stores under the brand names Sainsbury's, Habitat, Tu, and Argos across the UK and Ireland. These stores offer grocery, general merchandize, fruits and vegetables, meat and fish, dairy, eggs, juice, chilled and frozen food, pet food, baby and toddler products, beer, spirits, and wine. Sainsbury's digital transformation strategies are primarily designed to make the company capable of serving its customers seamlessly through both online and offline channels with a fully-connected and agile retail ecosystem. With COVID-19 disrupti......
$1495
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy