Market Size of Netherlands Telecom Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 9.06 Billion |
| Market Size (2029) | USD 11.48 Billion |
| CAGR (2024 - 2029) | 4.83 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Netherlands Telecom Market Analysis
The Netherlands Telecom Market size is estimated at USD 9.06 billion in 2024, and is expected to reach USD 11.48 billion by 2029, growing at a CAGR of 4.83% during the forecast period (2024-2029).
- The Dutch telecom industry is among the world's most advanced industries. As in many developed markets, a key focus in recent years has been deploying next-generation networks, be it 5G mobile networks or fiber optic broadband.
- Recently, KKR, a prominent global investment firm, and DTCP, an investment management platform, announced the launch of a strategic agreement between Open Dutch Fiber and T-Mobile Netherlands. Open Dutch Fiber signed a deal with T-Mobile Netherlands to support the rollout. T-Mobile Netherlands, which currently has a mobile base of around 6.8 million customers and a fixed base of 682,000, will be the anchor tenant for the Open Dutch Fiber with a 20-year agreement.
- According to GSMA, mobile calling minutes remained stable at around 10 billion minutes over the fourth quarter of 2023. This has been met with an increase in mobile internet use, with 540 million gigabytes of data used in Q4 2023 alone. These shifts in mobile phone use spurred many consumers to rethink their subscription plans.
- Telecom companies are well-positioned to be the most prominent players in IoT. By leveraging applications, companies can help maximize ROI. Onomondo M2M and IoT SIM cards are available for the Netherlands in all standard form factors, like Mini SIM (FF2), Micro SIM (FF3), Nano SIM (FF4), eSIM (MFF2), and others. Such trends are expected to lead to significant market growth in the future.
- As per market challenges, Deutsche Telekom's supply chains are currently being negatively impacted by several factors, e.g., by a shortage of semiconductor chips, major geopolitical tensions, and the war in Ukraine. There has been a major imbalance between supply and demand in the market for semiconductor chips for a number of quarters now.
- During the post-COVID-19 scenario in the Netherlands, four out of ten employees worked from home. Their connectivity was perceived best when wired, followed by Wi-Fi boosters. This led to major growth in the telecom market.
