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Fixed Data - Hungary

Hungary
  • Revenue in the Fixed Data market is projected to reach US$1.3bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.33%, resulting in a market volume of US$1.4bn by 2028.
  • In global comparison, most revenue will be generated United States (US$95bn in 2024).

Definition:
The Fixed Data market is a part of the Communication Services market that delivers internet connectivity to homes and businesses through stationary or wired connections. This includes services like DSL, cable, and fiber optics, which provide high-speed internet access to users. Fixed data connections are typically more stable and capable of delivering faster and more consistent internet speeds compared to mobile data services. It is a fundamental part of modern communication and plays a crucial role in supporting various online activities such as web browsing, streaming, and online work or education.

Additional information:

The Fixed Data market comprises revenues, revenue change, average spend per capita, as well as a list of the key players in the market and their consolidated revenues. Market values represent revenues paid by end consumers and enterprises for carrier services directly to telecommunications providers, either directly or through distribution channels (manufacturer prices, excluding VAT). Reported market revenues include consumer spending (B2C) and business spending (B2B). Detailed definitions of each market can be found on the corresponding market pages. Key players in the market include AT&T, Verizon Communications, China Telecom, Deutsche Telekom, and Vodafone Group.

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In-Scope

  • Data services using all kinds of fixed-line transmission technologies, such as AT&T DSL
  • Pay TV, such as Spectrum's cable TV packages

Out-Of-Scope

  • Streaming platforms such as Netflix and Amazon Prime Video
  • Data hardware products, such as modems
  • Fixed voice services, such as traditional landline voice services from AT&T
  • Mobile data services, such as T-Mobile Magenta plans
Fixed Data: market data & analysis - Cover

Market Insights report

Fixed Data: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Mar 2024

    Subscriptions

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Most recent update: Mar 2024

    Source: Statista Company Insights

    Analyst Opinion

    Due to increased digitalization, the need for landline-based internet and data services such as VPN is rising all over the world. For this reason, further increases in revenues worldwide are expected in the future. Compared to the revenues from mobile data transmissions, the landline industry has recorded an even greater revenues increase in the last few years. However, this will likely be reversed in the coming years. In absolute terms, revenues from data transmission services in the mobile phone sector are already ahead of revenues from data transmission services in the landline sector.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Mar 2024

    Sources: Statista Market Insights, IMF, Financial Statements of Key Players, ITU - International Telecommunication Union, National statistical offices

    Methodology

    Data coverage:

    The data encompasses B2B and B2C enterprises. Figures are based on the revenues of telecommunications providers generated by end consumers and enterprises.

    Modeling approach / Market size:

    Market sizes are determined through a bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use financial statements of key players, national statistical offices, and telecommunications regulatory authorities. In addition, we use relevant key market indicators and data from country-specific associations, such as the number of fixed broadband subscriptions, the number of telephone subscriptions, the number of mobile broadband connections, the number of cellular subscriptions, and the GDP. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing, is based on the behavior of the relevant market.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

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    Fixed Data: market data & analysis - BackgroundFixed Data: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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