How big is the Nigeria Telecom Market?

The Nigeria Telecom Market size is expected to reach USD 9.09 billion in 2024 and grow at a CAGR of 4.70% to reach USD 11.43 billion by 2029. Read More

What is the current Nigeria Telecom Market size?

In 2024, the Nigeria Telecom Market size is expected to reach USD 9.09 billion. Read More

Who are the key players in Nigeria Telecom Market?

MTN Nigeria Communications PLC, Airtel Networks Limited (Airtel Africa PLC), Globacom Limited, Broad Based Communications Limited and 9Mobile(Emerging Markets Telecommunication Services Ltd) are the major companies operating in the Nigeria Telecom Market. Read More

What years does this Nigeria Telecom Market cover, and what was the market size in 2023?

In 2023, the Nigeria Telecom Market size was estimated at USD 8.68 billion. The report covers the Nigeria Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Nigeria Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Nigerian Telecommunication Industry Analysis

Nigerian Telecommunication Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

the Report Covers Telecommunication Companies in Nigeria and the Market is Segmented by Services (Wired, Wireless), Data and Messaging Services, OTT, and Pay TV Services. the Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Nigeria Telecom Industry Overview

The Nigerian telecom market is semi-fragmented due to ongoing partnerships and recent advancements in the market. Some major players in the market studied include MTN Nigeria Communications PLC, Airtel Networks Limited (Airtel Africa PLC), Globacom Limited, Broad Based Communications Limited, 9Mobile(Emerging Markets Telecommunication Services Ltd)

In June 2023, Globacom launched its Fourth Generation Long Term Evolution (LTE) Advanced network, 4G-LTE Advanced. The company disclosed the simultaneous rollout of the service in several major cities in Nigeria, which has been projected to help speed up economic and commercial activities and boost the productivity of professionals, students, and traders across the country.

In May 2023, Tizeti announced that the company expanded its collaboration with Microsoft to address the issue of broadband underdevelopment. The partnership aims to provide affordable and reliable high-speed internet access to underserved communities and people in the country, addressing the significant broadband gap.