Pyramid Research announced Monday it had doubled its telecom coverage of Africa and the Middle East, expanding the number of countries and operators tracked to offer unparalleled insight into market trends to the firm’s growing client base in the region.
The Africa and Middle East (AME) region is expected to surpass one billion mobile subscribers in 2013, becoming only the second region to do so, following Asia-Pacific, according to Pyramid Research.
Also, thanks to improved networks and affordability of smartphones, mobile Internet is set to more than double in the next five years in Africa and the Middle East and grow to comprise more than 20 percent of total mobile services revenue.
“Given the market trends occurring in the region, we are anticipating the demands of our growing client base by now offering market sizing and demand forecasts for 33 countries in Africa spanning the fixed, mobile, media and devices sectors,” said Leslie Arathoon, Research Director at Pyramid Research.
“In the Middle East, Pyramid now offers products covering 11 countries. Our product coverage now encompasses over 95 percent of the AME region’s GDP and tracks KPIs for more than 200 service providers operating in the region,” Arathoon added.
Through its regional research and strategic consulting services, Pyramid Research helps clients enhance the knowledge of their industries, enabling them to create sustainable market-entry strategy and investment decisions, while assessing true revenue-generating opportunities.
“Our membership as well as our consulting services will become even more robust as a result of this continued commitment to one of the industry’s most dynamic regions,” Arathoon explained.