Market Size of Cambodia Telecom Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.90 Billion |
| Market Size (2029) | USD 1.01 Billion |
| CAGR (2024 - 2029) | 2.33 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Cambodia Telecom Market Analysis
The Cambodia Telecom Market size is estimated at USD 0.9 billion in 2024, and is expected to reach USD 1.01 billion by 2029, growing at a CAGR of 2.33% during the forecast period (2024-2029).
Most major telecom companies, such as Smart Axiata, Viettel, Cellcard, and Beeline, are based in Cambodia and promote innovation by making significant R&D investments consistently.
- The transition to 4G and 5G is still rising in the country due to expanding new networks and the expansion of the device ecosystem. For Instance, Smart Axiata deployed 68 new network base station sites in the Siem Reap province. These new sites will enhance Smart's 4G LTE network for users nationwide and help to ensure the network is fully ready to meet the growing customer demands during the COVID-19 outbreak.
- 5G services still need to be fully deployed in Cambodia, but key telecom operators have completed 5G demonstrations and trials over the past two years. For Instance, Viettel teamed up with Telecom Cambodia to roll out 5G trails in the capital Phnom Penh. In the Future, customers will slowly start migrating from 3G and 4G networks to the 5G network.
- Cambodia's telecom industry made further strides in expanding its wireless deployments. For Instance, Smart Axiata offers voice-over-Wi-Fi (VoWiFi) service for its customers. These wireless mobile broadband services will bring new opportunities to the telecom market.
- For Instance, Asia-Africa-Europe-1 (AAE-1) selected Infinera to increase its submarine network capacity. AAE-1's cable system spans 25,000 kilometers of the submarine and terrestrial networks that connect routes across Thailand to provide connectivity to Vietnam, Cambodia, and Hong Kong. Key players in the telecom market would further support the growth by investing in fiber cables to offer high-speed connectivity services for customers.
- The COVID-19 pandemic situation has impacted the telecom market. For Instance, The government of Cambodia postponed National Internet Gateway (NIG) plans. The Ministry of Posts and Telecommunications (MPTC) stated that the plans have got delayed due to the COVID-19 pandemic.
Cambodia Telecom Industry Segmentation
Telecom or Telecommunication is the long-range transmission of information by electromagnetic means.
Cambodia Telecom Market includes in-depth trend analysis based on connectivity like Fixed Networks, Mobile Networks, and Telecom Towers. The telecom services are divided into Voice Services (Wired and Wireless), Data and Messaging Services, and OTT and PayTV Services. Several factors, including an increasing demand for 5G likely drive the adoption of telecom services.
The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| By Services | |||||
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| Data and Messaging Services (Coverage to include Internet & Handset Data packages, Package Discounts) | |||||
| OTT and PayTV Services |
Cambodia Telecom Market Size Summary
The Cambodia telecom market is experiencing a gradual expansion, driven by significant investments in research and development by major players such as Smart Axiata, Viettel, Cellcard, and Beeline. The transition to advanced network technologies like 4G and 5G is underway, with companies expanding their infrastructure to meet increasing customer demands. Smart Axiata's deployment of new network base stations and Viettel's collaboration with Telecom Cambodia for 5G trials highlight the industry's commitment to enhancing connectivity. Despite the challenges posed by the COVID-19 pandemic, which delayed some initiatives like the National Internet Gateway, the market continues to grow, supported by the expansion of wireless deployments and the introduction of services like voice-over-Wi-Fi.
The demand for over-the-top (OTT) services is rising, fueled by an increase in mobile subscribers and the country's low data costs. This trend presents new growth opportunities for the telecom sector, as seen with platforms like Soyo offering video-on-demand services. The market is moderately fragmented, with key players forming partnerships and making strategic investments to enhance network capacity and service offerings. Collaborations between companies such as Smart Axiata and Huawei, as well as Viettel's financial agreements to upgrade networks, underscore the industry's focus on improving high-speed connectivity. These developments, alongside government efforts to expand broadband access, are poised to drive further growth in Cambodia's telecom market.
Cambodia Telecom Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Ecosystem Analysis
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1.3 Industry Attractiveness-Porter's Five Force Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 COVID-19 Impact on the Industry Ecosystem
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1.5 Regulatory Landscape in the Combodia
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2. MARKET SEGMENTATION
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2.1 By Services
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2.1.1 Voice Services
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2.1.1.1 Wired
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2.1.1.2 Wireless
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2.1.1.3 Cellcard
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2.1.2 Data and Messaging Services (Coverage to include Internet & Handset Data packages, Package Discounts)
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2.1.3 OTT and PayTV Services
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Cambodia Telecom Market Size FAQs
How big is the Cambodia Telecom Market?
The Cambodia Telecom Market size is expected to reach USD 0.90 billion in 2024 and grow at a CAGR of 2.33% to reach USD 1.01 billion by 2029.
What is the current Cambodia Telecom Market size?
In 2024, the Cambodia Telecom Market size is expected to reach USD 0.90 billion.
