Strategic Analysis to Understand the Competitive Outlook of Prepaid Wireless Service Market
According to a new market research report published by Transparency Market Research entitled “Prepaid Wireless Service Market: Type (Data, Voice); Connectivity (2G, 3G, 4G) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global prepaid wireless service market is expected to reach US$ 659.1 Bn by 2026. The market value is anticipated to expand at a CAGR of 4.3% during the forecast period from 2018 to 2026.The market is expected to grow largely due to shift of consumer preference from postpaid to prepaid services, largely in the regions of North America and Europe. Geographically, the global prepaid wireless service market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominates the market with a share of more than 50% in 2017, followed by Europe with approximately 20% share. The dominating share in Asia Pacific is primarily due to tremendous growth in the a...