Morocco Telecom Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 3.65 Billion |
| Market Size (2029) | USD 4.45 Billion |
| CAGR (2024 - 2029) | 3.88 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Morocco Telecom Market Analysis
The Morocco Telecom Market size is estimated at USD 3.65 billion in 2024, and is expected to reach USD 4.45 billion by 2029, growing at a CAGR of 3.88% during the forecast period (2024-2029).
- The telecom market in Morocco has experienced remarkable growth, emerging as a critical component of the country's socio-economic development. This can be attributed to strategic investments by the government to develop better infrastructure, regulatory reforms, technological advancements by key operating companies, and evolving consumer behaviors toward adopting wireless services.
- Also, the government has played a pivotal role in fostering the growth of the telecom market through progressive regulatory reforms and strategic initiatives. The government has created a favorable regulatory environment encouraging competition, investment, and innovation. Measures such as spectrum allocation for 4G and 5G networks and policies promoting fair competition have enabled telecom operators to expand their services and improve their offerings.
- The government has enacted several regulatory reforms to liberalize the telecom market and foster competition. This has resulted in improved services, lower prices, and greater innovation, benefiting consumers and businesses alike. The government also closely monitors the competition and takes steps based on government policy in case anything happens.
- For instance, in January 2024, a commercial court in Morocco stated that one of the leading telecom companies, Maroc Telecom, was to pay USD 636 million to Inwi, a competitor of Marco Telecom, because of unfair competition practices. Such strict regulations create a positive space for start-ups to launch their products and services.
- In January 2024, Moroccan telecom companies completed the test of 5G, making it ready to be deployed. Also, the Moroccan government is actively participating in international research to ensure strict adherence to safety and implementation criteria before establishing Morocco's 5G network. Such policies and government assistance are propelling the growth of Morocco's telecom market.
Morocco Telecom Market Trends
The Demand for Mobile Broadband is Increasing in the Country
- Morocco's telecommunications market is undergoing rapid transformation, and one of the most significant trends driving this is the increasing demand for mobile broadband. This surge is fueled by technological advancements, rising internet penetration, evolving consumer behavior, and supportive government policies. Also, expanding 4G LTE networks has been a crucial driver of mobile broadband growth in Morocco. Major telecom operators like Maroc Telecom, Orange Morocco, and Inwi have continuously expanded 4G coverage, ensuring high-speed internet access across urban and rural areas.
- Morocco's economic growth and urbanization have played an important role in increasing the demand for mobile broadband. The rising middle class, characterized by increased disposable income, has created a surge in the consumption of digital services. Additionally, the demographic composition of Morocco, with a large proportion of young people, has further fueled this demand. Young Moroccans, who are more tech-savvy and inclined toward digital engagement, use mobile broadband extensively for social media, entertainment, and educational purposes.
- According to a GSMA report, broadband mobile connections are continuously increasing in Morocco. For instance, in January 2017, the penetration of mobile broadband connections was 39.0%, which increased to 83.1% by 2023. This drives the overall telecom market in Morocco.
- Further, with the growing demand for high-speed internet, the government in Morocco is focused on the rollout of 5G in the country, promising to revolutionize mobile broadband in Morocco. With its higher speeds, lower latency, and greater capacity, 5G technology is expected to meet the growing demand for data-intensive applications and services. Also, Morocco's National Telecommunications Regulatory Agency (ANRT) announced plans to hold a 5G spectrum auction by 2024. Each telecom operator is currently putting up equipment contracts before the auction. Several global technology provider companies are interested in Morocco's growing 5G scenario.
- In addition, the future of mobile broadband in Morocco appears promising. Continued advancements in technology, supportive government policies, and the proactive approach of telecom operators are likely to sustain the growth momentum. As the country progresses toward a more digital economy, mobile broadband will remain a cornerstone of Morocco's socio-economic development, driving innovation, inclusion, and prosperity.
The Adoption of Wireless Services is Increasing
- Morocco's rapid adoption of wireless services is mainly attributed to significant technological advancements and infrastructure development. The rollout of 4G LTE networks has been a critical milestone, providing high-speed internet access across urban and rural areas. Also, the Moroccan consumer market has shown a strong inclination toward wireless services, driven by the proliferation of smartphones and mobile devices.
- With a young and tech-savvy population, there is a high demand for mobile internet access, social media, streaming services, and mobile applications. Also, the total number of mobile connections is rapidly growing in the country, driving the demand for wireless services. For instance, according to GSMA, in 2018, the total number of mobile connections in Morocco was 42.35 million, which increased to 51.36 million in 2024.
- The increasing adoption of wireless services significantly impacts Morocco’s socio-economic aspects. On the social front, it has facilitated greater access to information, improved communication, and enabled digital inclusion. The availability of online learning platforms has expanded educational opportunities.
- For instance, in June 2024, Moroccan universities chose Cambium Networks' wireless technology solution. The company will deliver multi-gigabit Wi-Fi 6 connectivity to 12 major public colleges and over 200 campuses. The campuses will be supplied with Cambium Networks' Wi-Fi 6 solutions, designed and delivered by 3GCOM, a service integrator and partner of the global operator. Such developments are continuously increasing in Morocco, driving the overall market.
Morocco Telecom Industry Overview
Morocco's telecom market is consolidated and is witnessing ongoing partnerships and advancements. Some of the major players in the market include Maroc Telecom, Orange Group, Inwi, Telefonaktiebolaget LM Ericsson, Nokia Corporation, and Verizon Communications Inc.
- January 2024: Inwi, a Moroccan telecom operator, signed a collaboration agreement with Medusa Submarine Cable System. With this, both firms will concentrate on delivering and operating fiber optic links for the new Medusa subsea cable. The collaboration with Medusa Submarine Cable System demonstrated Inwi's dedication to providing innovative and secure solutions to satisfy the different demands of its customers while also contributing to the growth of the Moroccan digital ecosystem.
Morocco Telecom Market Leaders
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Maroc Telecom
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Orange Group
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Inwi
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Telefonaktiebolaget LM Ericsson
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Nokia Corporation
*Disclaimer: Major Players sorted in no particular order
Morocco Telecom Market News
- June 2024: Liquid Intelligent Technologie announced its collaboration with Medi Telecom in Morocco. Through this partnership, both companies will extend network coverage and enhanced services to Liquid Dataport clients in Morocco. Liquid will supply a full range of its digital services in Morocco, eliminating the need for multiple supplier networks.
- May 2024: Morocco unveiled a new initiative to connect 1,800 rural communities to the Internet in the coming months. This effort is part of the National Plan for the Development of High and Very High-Speed Broadband, and it expands on the first phase, which targeted 10,740 previously unconnected rural communities. The program is expected to greatly enhance rural inhabitants' lives by offering online public services through 600 government digital platforms, such as healthcare appointments and administrative procedures.
Morocco Telecom Market Report - Table of Contents
1. RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
3. MARKET INSIGHTS
3.1 Market Overview
3.2 Industry Ecosystem Analysis
3.3 Industry Attractiveness- Porter's Five Force Analysis
3.3.1 Bargaining Power of Buyers/Consumers
3.3.2 Bargaining Power of Suppliers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products
3.3.5 Intensity of Competitive Rivalry
3.4 Assessment of the Macro Economic Factors on the Market
3.5 Regulatory Landscape in Algeria
4. MARKET DYNAMICS
4.1 Market Drivers
4.1.1 Increasing Mobile and Internet Penetration
4.1.2 Digital Transformation Initiatives
4.2 Market Restraints
4.2.1 Technological Integration and Adoption
4.3 Analysis of the Market based on Connectivity (Coverage to include In-depth Trend Analysis)
4.3.1 Fixed Network
4.3.1.1 Broadband (Cable modem, wireline-fiber, wireline DSL, fixed Wi-Fi ), Trends regarding ADSL/VDSL, FTTP/B, cable modem, FWA, and 5G FWA )
4.3.1.2 Narrowband
4.3.1.3 Mobile Network
4.3.2 Mobile Network
4.3.2.1 Smartphone and mobile penetration
4.3.2.2 Mobile Broadband
4.3.2.3 2G, 3G, and 4G connections
4.3.2.4 Smart Home IoT and M2M connections
4.4 Analysis of Telecom Towers (Coverage to include in-depth trend analysis of various types of towers, like, lattice, guyed, monopole, and stealth towers)
5. MARKET SEGMENTATION
5.1 By Services
5.1.1 Voice Services
5.1.1.1 Wired
5.1.1.2 Wireless
5.1.2 Data and Messaging Services
5.1.3 OTT and PayTV Services
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles*
6.1.1 Maroc Telecom
6.1.2 Orange Group
6.1.3 Inwi
6.1.4 Telefonaktiebolaget LM Ericsson
6.1.5 Nokia Corporation
6.1.6 Verizon Communications Inc.
6.1.7 Cambium Networks
7. INVESTMENTS ANALYSIS
8. FUTURE OUTLOOK OF THE MARKET
Morocco Telecom Industry Segmentation
Telecom or telecommunication is the long-range transmission of information by electromagnetic means. The telecom market includes in-depth trend analysis of connectivity, such as fixed networks, mobile networks, and telecom towers. Several factors, including the increasing demand for 5G, are likely to drive the adoption of telecom services.
The Moroccon telecom market is segmented by services (voice services (wired and wireless), data and messaging services, OTT, and PayTV services). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Services | ||||
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| Data and Messaging Services | ||||
| OTT and PayTV Services |
Morocco Telecom Market Research FAQs
How big is the Morocco Telecom Market?
The Morocco Telecom Market size is expected to reach USD 3.65 billion in 2024 and grow at a CAGR of 3.88% to reach USD 4.45 billion by 2029.
What is the current Morocco Telecom Market size?
In 2024, the Morocco Telecom Market size is expected to reach USD 3.65 billion.
Who are the key players in Morocco Telecom Market?
Maroc Telecom, Orange Group, Inwi, Telefonaktiebolaget LM Ericsson and Nokia Corporation are the major companies operating in the Morocco Telecom Market.
What years does this Morocco Telecom Market cover, and what was the market size in 2023?
In 2023, the Morocco Telecom Market size was estimated at USD 3.51 billion. The report covers the Morocco Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Morocco Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Morocco Telecom Industry Report
Statistics for the 2024 Morocco Telecom market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Morocco Telecom analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
