How big is the Turkey Telecom Market?

The Turkey Telecom Market size is expected to reach USD 8.14 billion in 2024 and grow at a CAGR of 3.52% to reach USD 9.68 billion by 2029. Read More

What is the current Turkey Telecom Market size?

In 2024, the Turkey Telecom Market size is expected to reach USD 8.14 billion. Read More

Who are the key players in Turkey Telecom Market?

Turk Telekom, Turkcell, Vodafone Turkey, TurkNet and Millenicom are the major companies operating in the Turkey Telecom Market. Read More

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

In 2023, the Turkey Telecom Market size was estimated at USD 7.85 billion. The report covers the Turkey Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Turkey Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Turkey Telecom Market Size & Share Analysis - Industry Research Report

Turkey Telecom Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

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

Turkey Telecom Industry Overview

The Turkish telecom market is semi-consolidated, with major players like Turk Telekom, Turkcell, Vodafone Turkey, TurkNet, and Millenicom. Players are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantages.

• In February 2024, Ericsson and Turkcell signed a memorandum of understanding to collaborate on 6G research and development in Turkey. As the sole Turkish operator with a dedicated 6G research laboratory, Turkcell and Ericsson's research site in Istanbul will drive bilateral research efforts. Their collaboration aims to strengthen cooperation in national and international R&D projects and facilitate the exchange of valuable insights into emerging technologies.

• In November 2023, Turk Telekom partnered with Hitachi Vantara to advance the transformation of its data infrastructure toward sustainability. This collaborative effort resulted in a new architecture that prioritizes environmental sustainability, reducing Turk Telekom's total footprint from 23 cabinets to nine. Moreover, power and cooling requirements for the replaced cabinets have been cut by approximately 60%. Alongside these benefits, the upgrade has also led to a significant 30% reduction in the total cost of ownership.