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Mobile Voice - Bangladesh

Bangladesh
  • Revenue in the Mobile Voice market is projected to reach US$1.5bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of -1.77%, resulting in a market volume of US$1.4bn by 2028.
  • In global comparison, most revenue will be generated United States (US$47bn in 2024).

Definition:
Mobile voice is a significant part of the Communication Services market that provides the ability for individuals to make voice calls using cell phones or mobile devices. It utilizes wireless cellular networks to facilitate these conversations, allowing people to communicate while on the go. Mobile voice services have become a fundamental part of everyday communication, enabling users to connect with others from virtually anywhere with network coverage. While data services and messaging apps have expanded their role, mobile voice remains a crucial aspect of personal and business interactions.

Additional information:

The Mobile Voice 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, China Mobile, Deutsche Telekom, and Vodafone Group.

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In-Scope

  • Voice services using mobile communications technologies, such as VoLTE
  • Push-to-Talk services, like Verizon Push-to-Talk Plus

Out-Of-Scope

  • Streaming platforms such as Netflix
  • Voice services via mobile internet, such as Zoom mobile app and Skype for Mobile
  • Hardware products, such as smartphones
Mobile Voice: market data & analysis - Cover

Market Insights report

Mobile Voice: 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

    The use of classic voice telephony over public telephone networks is increasingly being replaced by voice and video calls over the internet. This development, alongside more and more affordable prices for voice calls over the internet – often already a part of data package deals –, is leading to a decline in revenues within this segment in all regions. Worldwide, the mobile voice segment reports the largest decline in revenues within the communication services market. However, because of the importance placed on everyone having a smartphone, profit is expected to be much greater than in the landline voice segment in the future.

    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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    Mobile Voice: market data & analysis - BackgroundMobile Voice: 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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