Myanmar Telecom Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 1.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Myanmar Telecom Market Analysis
The Myanmar telecom market is expected to register a CAGR of 1.5% over the next five years. Although local Myanmar firms have occasionally provided the country's telecommunications infrastructure, international organizations are frequently used because of the superior quality services they can offer. The telecom industry in the country is moving towards competition, and the major telecom players are Myanma Posts and Telecommunications (MPT)', Myanmar Broadband Telecom Co Ltd., Mytel S.A, ATOM Myanmar, and Global Technology Company.
- Myanmar's telecommunication industry has recently undergone a significant transformation, earning praise as Asia's last genuine telecoms greenfield. The late investments from 2014 onwards are mostly to blame for Myanmar's position as one of the world's fastest-growing telecom markets. To quickly boost the country's economy and residents' quality of life, Myanmar has implemented several changes. Despite the adverse social and public health effects and the uncertain political and economic outlook brought on by the Covid-19 epidemic and the political climate last year, it is anticipated that the Myanmar telecoms sector will continue to grow.
- Unprecedented Internet restrictions have been practiced in Myanmar since February of last year. Moreover, starting with random social media censorship and sporadic Internet connectivity issues, regulations advanced to more stringent website blocking, the termination of cellular data in some networks, and practically nightly Internet disconnection. However, In January this year, there were 25.28 million internet users in Myanmar. In Myanmar, 45.9% of the population has access to the internet as of the beginning of the current year. According to Kepios' research, Internet users in Myanmar climbed by 1.7 million (+7.1%) between last and present year.
- Myanmar has retreated to the age of the keypad phone under military rule. To combat the execution of random smartphone spot checks by the military junta, many individuals have reacted by hiding their smartphones and rushing to buy keypad phones that only allow for the most fundamental forms of communication, such as texting and calling. Civilians are on the assumption that using smartphones is no longer secure.
- Myanmar has witnessed substantial improvements in its telecommunications environment in the last decade using the technical know-how of foreign companies. However, since the military takeover in February 2021, there have been several total and partial internet outages in Myanmar. These limitations have varied in severity across the nation and over time, starting with the complete shutdown of all wireless broadband services and nightly shutdowns of fixed-line services in February and April last year. Further, at the beginning of May last year, access was restricted to an allowlist of websites and services, and there were irregular subnational shutdowns.
- When the telecom sector rebounded, and the ordinary people's dependency on telecommunication intensified due to the work-from-home and online everything setup, Myanmar's military junta suspended the internet across the country. In addition to other constraints, the military administration that took over Myanmar imposed increasingly tight internet and social media censorship where these platforms had been crucial for disseminating knowledge and instructions about critical COVID-19 preventative measures. These restrictions also hampered the COVID-19 pandemic control efforts.
Myanmar Telecom Market Trends
This section covers the major market trends shaping the Myanmar Telecom Market according to our research experts:
Growing Mobile Penetration in Myanmar
- Mobile technology is a crucial component of Myanmar's current initiative to increase financial inclusion and undermine unregulated remittance businesses. As a result of a revised national strategy and increasing competition, the telecommunication industry is performing better, which is transforming Myanmar's economy. Before 2014, Myanmar had one of the lowest global mobile penetration rates, at less than 20%. After the liberalization of the telecom industry, the situation considerably improved. Although the country lags behind its Asian competitors, it has been moving upward since the last decade.
- SIM cards and mobile phones were a luxury that only the rich could buy before Myanmar's telecommunications market was liberalized, but they are now becoming much more common. However, much work still needs to be done to increase network rollout. Due to massive investments and significant changes, most rural, formerly underserved villages now have access to mobile network coverage. As a result, Myanmar's heavily reliant cash culture is exposed to a wide range of fresh e-commerce goods and an emerging start-up ecosystem for technology.
- According to data from GSMA Intelligence, at the beginning of the current year, Myanmar had 73.48 million cellular mobile connections. GSMA Intelligence data depicts that Myanmar's mobile connections in the current year equaled 133.6 percent of the country's entire population. Also, between last year and the current year, Myanmar's mobile connection count climbed by 4.7 million (+6.8%). The people of Myanmar, particularly the rural population, are seeing significant improvements and wide-ranging advantages due to the ease of access to wireless services.
- Furthermore, rural residents now have more access to economic prospects within the nation thanks to digital technology, making it possible to stay in touch with friends and family across the country anytime. Additionally, the mobile app market in Myanmar is quickly emerging as one of Southeast Asia's most promising. Further, mobile gaming is sweeping the nation, with 80% of smartphone users and a population of well over 50 million. Myanmar is home to a sizable number of both domestic and foreign migrant laborers. Access to digital financial services via smartphones also makes it less necessary to carry significant quantities of cash, improving physical safety for many individuals.
- As per the chart below, Xiaomi is the leading mobile vendor in Myanmar, with a 35.68% market share in the current year. They are distantly followed by Samsung, Apple, Oppo, Huawei, and Vivo with 12.72%, 11.59%, 11.23%,7.92%, and 7.47%, respectively. On the other hand, Tecno and BBK hold the most negligible share in the market, around 1.83% and 1.58%, respectively.
Steady Broadband Growth
- Over the past few years, the mobile sector has grown quickly, which has fueled the rapid rise of mobile broadband. Due to Myanmar's relatively late telecom reform, fixed broadband connectivity has virtually been replaced by mobile device access to the internet. Although most of the advancements gained since a second military takeover undid the broadband network in the last year, broadband penetration continued.
- Over the next five years, mobile data sales in Myanmar are anticipated to increase due to rising mobile Internet subscribers and data average income per user (ARPU). Mobile broadband prevalence increased from low single digits to about 100% by the Covid-19 pandemic's onset in the five years following telecom market liberalization. The global health crisis was the first significant event to stop the market's ascent, but it was just a small blip compared to what Myanmar's second coup in February last year brought.
- In the last year, 4G was the leading tele technology across the country. Also, operators like ATOM and Mytel are increasing their 4G coverage with affordable handsets. The country's 5G launch is expected to occur in the coming year. To bring out the first 5G service in the market, ATOM declared its intention to invest hundreds of millions of dollars in Myanmar over the following years. Although there is no stated timeline for the project, the business is optimistic that it will launch within the next few years.
- Furthermore, while fixed broadband is slowly taking off, with subscribers mostly made up of FTTH connections, broadband fiber investments are developing, and growth is anticipated to flow through during the projected period, fixed lines subscriptions continue to be extremely tiny and stagnant. Encouragingly, increasing mobile broadband penetration over the next five years is expected to drive growth.
- Currently, MPT is the market-leading provider, followed by ATOM and Mytel. In the future, MPT is expected to be on the top of fixed voice and broadband markets. To encourage home consumers to sign up for fiber broadband services, the operator has been marketing fixed-mobile convergent plans with speeds of up to 100Mbps. The expansion of fiber broadband connections is expected to be boosted by investments made by operators like MPT and Mytel.
- According to ITU, internet penetration in Myanmar is expected to grow steadily from 2019 to 2026. As per the research, the country's internet penetration increased from 51.1% in 2019 to a stable 59.7% last year. Also, the expected internet penetration in Myanmar for the forecast period is 63.2%, and that of 2026 is 64.7% predicts the study.
Myanmar Telecom Industry Overview
The Myanmar Telecom market is becoming competitive. Some major players in the market studied include Myanma Posts and Telecommunications (MPT)', Myanmar Broadband Telecom Co Ltd., ATOM Myanmar, Mytel S.A, and Global Technology Company. The market also hosts other Internet service providers (ISPs), MVNOs, and fixed-line service providers.
- In September 2022, Ooredoo announced that it had sold the Myanmar division of its business to Nine Communications Pte Ltd of Singapore. The deal's enterprise value was $576 million, while equity consideration totaled $162 million. Ooredoo said it had made the sale as part of its strategic decisions to focus on markets where Ooredoo is leading.
- In June 2022, the Norwegian-owned Telenor Myanmar was acquired by Atom, and the telecom firm declared that it had changed its name and started operating a network. In compliance with local laws, international laws, and regulations, Atom would offer its users personal security protection.
Myanmar Telecom Market Leaders
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Myanma Posts and Telecommunications (MPT)
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Myanmar Broadband Telecom Co.,Ltd. (MBT)
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Mytel
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ATOM Myanmar
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Global Technology Company
*Disclaimer: Major Players sorted in no particular order
Myanmar Telecom Market News
- September 2022: ATOM, on the 100th day of its launch in Myanmar, launched the newest 3D gamification, Toh Toh Sidecar. It offers tempting draw rewards of over MMK 6 billion (USD 2.9 million) in a 90-day Mega Grand Draw campaign. Users may play the interactive game currently accessible on the ATOM Store app for a chance to win various grand prizes, including a brand-new BAIC car, money, and more.
- September 2022: ATOM, the service provider previously known as Telenor, announced that it's planning to invest hundreds of millions of dollars in Myanmar over the next several years to roll out the first 5G service in the market. However, no timeline has been mentioned for that endeavor. However, the company is confident about the launch in the next few years.
Myanmar 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 the Country
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Robust Mobile Penetration
5.1.2 Demand for Online Gaming
5.2 Market Restrain
5.2.1 Political Tensions Creating Internet Disruptions
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 Segmentation by Services (Coverage to include Average Revenue Per User for the overall Services segment, Market size and Estimates for each segment for the period of 2020-2027 and in-depth Trend Analysis)
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 Myanma Posts and Telecommunications (MPT)'
7.1.2 Myanmar Broadband Telecom Co Ltd.
7.1.3 Mytel S.A
7.1.4 ATOM Myanmar
7.1.5 Global Technology Company
7.1.6 Eager Communications Group Co. Ltd
7.1.7 FRONTIIR Company Limited.
7.1.8 Yatanarpon Teleport (YTP)
7.1.9 Hyalroute
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Myanmar Telecom Industry Segmentation
The study provides an in-depth analysis of the Telecommunication industry in Myanmar.
The Myanmar telecom market is segmented by service (voice services (wired, wireless), data and messaging services, and OTT and pay TV). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
| Segmentation by Services (Coverage to include Average Revenue Per User for the overall Services segment, Market size and Estimates for each segment for the period of 2020-2027 and in-depth Trend Analysis) | ||||
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| Data and Messaging Services (Coverage to include Internet & Handset Data packages, Package Discounts) | ||||
| OTT and PayTV Services |
Myanmar Telecom Market Research FAQs
What is the current Myanmar Telecom Market size?
The Myanmar Telecom Market is projected to register a CAGR of 1.5% during the forecast period (2024-2029)
Who are the key players in Myanmar Telecom Market?
Myanma Posts and Telecommunications (MPT), Myanmar Broadband Telecom Co.,Ltd. (MBT) , Mytel , ATOM Myanmar and Global Technology Company are the major companies operating in the Myanmar Telecom Market.
What years does this Myanmar Telecom Market cover?
The report covers the Myanmar Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Myanmar Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Telecom in Myanmar Industry Report
Statistics for the 2023 Telecom in Myanmar market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Telecom in Myanmar analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
