Egypt Telecom Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.65 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Egypt Telecom Market Analysis
Egypt Telecom Market revenue is expected to register a CAGR of 3.65% over the next five years. The major telecom firms with offices in Egypt, including Telecom Egypt, Vodafone, Orange, Etisalat Egypt, and Ericsson, promote innovation by making significant R&D investments consistently.
- The country's transition from 4G to 5G is still rising. Key telecom players collaborate with the government to deploy 5G networks nationwide. For Instance, Orange Egypt has been allocated more spectrum by the country's National Telecommunications Regulatory Authority (NTRA), which can be used for both 4G and 5G deployments.
- The growing demand for high-speed connectivity services by customers and increasing spending on the deployment of 5G infrastructure positively influence the growth of the Egypt telecom market. For instance, Vodafone is working with the National Telecom Regulatory Authority (NTRA) regarding the possibility of undertaking 5G trials in the New Administrative Capital.
- The Government authorities are working with private telecom service providers to expand their network capabilities. For instance, The National Telecom Regulatory Authority (NTRA) approved 749 new mobile stations during the third quarter of 2022. Such initiatives from the government will further support the growth of the telecom market.
- Egypt's telecom industry has made further strides in expanding its services that support the 4G network. For instance, Telecom Egypt has secured a medium-term loan of USD 167 million from the European Investment Bank (EIB), which it will use to expand its 4G network. The loan will be used to improve Telecom Egypt's mobile network coverage by deploying around 2,000 new mobile sites and installing additional capacity layers to its existing portfolio of towers. Such initiatives will increase the demand for reliable and high-speed Internet connectivity services.
- During the COVID-19 scenario, most people preferred work-from-home mode, thus increasing broadband subscribers. Wireless and wired broadband services can provide high-speed Internet services. Key players in the market focused on expanding their broadband services that support 4G and 5G networks.
Egypt Telecom Market Trends
This section covers the major market trends shaping the Egypt Telecom Market according to our research experts:
Rising demand for Fixed Broadband Services
- Fixed broadband penetration will increase during the forecast period, driven by ongoing efforts by the government to expand fixed broadband coverage and services across the country, particularly in rural areas.
- Government authorities are working with private telecom service providers to expand their broadband services. For Instance, Egypt's National Telecom Regulatory Authority (NTRA) signed a Memorandum of Understanding (MoU) with the Egyptian Competition Authority (ECA) to form a permanent joint committee that will develop a system for regulating free competition in the Egyptian telecom market. Such a government's timely initiative will further support the growth of the telecom market.
- Key players in the telecom market are expanding their broadband networks. For instance, Telecom Egypt has announced it will roll out a new subsea cable system around Africa by next year called Hybrid African Ring Path (HARP). HARP routes will connect the landing points within South Africa, Europe, and Egypt.
- Further key players in the market are planning to shift from coper-based broadband services to fixed fiber-based broadband services. According to Ookla Speedtest Global Index, Egypt ranked 92nd with a median fixed broadband download speed of 43.31 Mbps in October this year.
Rising demand for OTT and PayTv Services
- Pay-TV services revenue will drop over the next five years because of a steady decline in direct-to-home (DTH) subscriptions and emerging competition from over-the-top (OTT) service providers.
- Increasing mobile subscribers will significantly increase the demand for OTT services because of low subscription prices in Egypt compared to other African countries. OTT service providers such as Netflix, OSN Streaming, Starzplay, and Amazon Prime offer on-demand videos for customers, thus creating new growth opportunities for the telecom market.
- According to Ookla Speedtest Global Index, Egypt ranked 84th with a median mobile download speed of 22.7 Mbps in October this year. Customers are migrating to mobile-based OTT services, thus creating new growth opportunities for the telecom market.
- According to GSMA, smartphone adoption is expected to reach 91 million in 2025. Adults in the country are increasingly using smartphones. The smartphone penetration will further increase the demand for OTT services.
- During the COVID-19 outbreak, people adopted work-from-home practices and spent more time watching TV and online media usage, especially online streaming and other forms of entertainment at home. OTT service providers offering on-demand videos will further drive the growth of the Egypt telecom market.
Egypt Telecom Industry Overview
Egypt's telecom market is moderately fragmented due to ongoing partnerships and recent advancements in the market. Some major players in the market studied include Telecom Egypt, Vodafone, Orange, Etisalat Egypt, and Ericsson.
In March 2022, Telecom Egypt signed an agreement with the European Investment Bank (EIB) for a loan of USD150 million. The funding would be used to expand the company's 4G network and add 2,000 additional mobile sites to support its mobile network coverage.
In April 2022, Telecom Egypt announced that EG-IX, which it claims to be the first Open Access Internet Exchange in Egypt, is now live and available for customers, is intended to enhance the digital experience of internet users in Egypt, Africa, and the Middle East.
Egypt Telecom Market Leaders
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Telecom Egypt
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Vodafone
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Orange
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Etisalat Egypt
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Ericsson
*Disclaimer: Major Players sorted in no particular order
Egypt Telecom Market News
- June 2022: Ericsson is working with Orange Egypt to supply antennas for 2600MHz deployment. Orange Egypt improved its network capabilities through this collaboration and significantly reduced operational site expenses.
- August 2022: Telecom Egypt signed a five-year agreement with Orange Egypt for a national roaming service. The company collaborated to provide high-quality voice and data mobile network coverage to its customers nationwide.
- August 2022: Nokia is working with Orange Egypt to modernize the latter's existing Nokia SDM solution to support subscriber growth over the next five years. Nokia's new upgraded system will further support Orange Egypt's planned launch of 5G services.
Egypt Telecom Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Ecosystem Analysis
4.3 Industry Attractiveness-Porter's Five Force Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 COVID-19 Impact on the Industry Ecosystem
4.5 Regulatory Landscape in Egypt
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising demand for 5G
5.1.2 Growth of IoT usage in Telecom
5.2 Market Restrain
5.2.1 The emergence of stiff competition is a concern for the industry
5.3 Analysis of the Market based on Connectivity (Coverage to include In-depth Trend Analysis)
5.3.1 Fixed Network
5.3.1.1 Broadband (Cable modem, wireline-fiber, wireline DSL, fixed Wi-Fi ), Trends regarding ADSL/VDSL, FTTP/B, cable modem, FWA, and 5G FWA )
5.3.1.2 Narrowband
5.3.2 Mobile Network
5.3.2.1 Smartphone and mobile penetration
5.3.2.2 Mobile Broadband
5.3.2.3 2G, 3G, 4G and 5G connections
5.3.2.4 Smart Home IoT and M2M connections
5.4 Analysis of Telecom Towers (Coverage to include in-depth trend analysis of various types of towers, like, lattice, guyed, monopole, and stealth towers)
6. MARKET SEGMENTATION
6.1 By Services
6.1.1 Voice Services
6.1.1.1 Wired
6.1.1.2 Wireless
6.1.2 Data and Messaging Services (Coverage to include Internet & Handset Data packages, Package Discounts)
6.1.3 OTT and PayTV Services
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Telecom Egypt
7.1.2 Vodafone
7.1.3 Orange
7.1.4 Etisalat Egypt
7.1.5 Ericsson
7.1.6 AT&T
7.1.7 OSN
7.1.8 Mobilink
7.1.9 Global Telecom
7.1.10 CallZ Telecom
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
Egypt Telecom Industry Segmentation
Telecom or Telecommunication is the long-range transmission of information by electromagnetic means.
Egypt 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, 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 |
Egypt Telecom Market Research FAQs
What is the current Egypt Telecom Market size?
The Egypt Telecom Market is projected to register a CAGR of 3.65% during the forecast period (2024-2029)
Who are the key players in Egypt Telecom Market?
Telecom Egypt, Vodafone , Orange, Etisalat Egypt and Ericsson are the major companies operating in the Egypt Telecom Market.
What years does this Egypt Telecom Market cover?
The report covers the Egypt Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What future trends are expected in the Egypt Telecom Market?
Future trends in the Egypt Telecom Market are a) Expansion of 5G networks b) Increased focus on customer service and digital solutions c) Further growth in mobile financial services
Telecom in Egypt Industry Report
The telecommunication industry in Egypt is experiencing significant growth, fueled by increasing demand for mobile and broadband services, especially in rural areas. With substantial investments from operators to upgrade network infrastructures for 4G and 5G technologies, the market is set to accommodate the rising consumption of data-heavy applications like social networking and video streaming. Regulatory efforts are enhancing a well-regulated environment, ensuring quality service delivery. The competitive landscape is fierce, with key players targeting both urban and rural segments to attract new users and offer value-added services. There is a strategic emphasis on boosting fixed broadband penetration through government and private initiatives, improving nationwide connectivity. Additionally, there is a trend towards integrated telecommunication services, providing comprehensive solutions for consumer and business needs. For detailed insights into market share, size, revenue growth rate, and a forecast outlook of the telecommunication industry in Egypt, download a free report PDF sample from Mordor Intelligence™ Industry Reports.
