According to International Data Corporation, global spending on telecom and pay-TV services will be nearly $1.6 trillion in 2022, up 1.9% year-on-year (I.D.C) Worldwide Semiannual Telecom Services Tracker. The latest forecast is slightly more optimistic than the version published in May, as it assumes that the overall market value growth will be 0.5 percentage points higher. IDC believes that this positive development is a result of inflation (ie the increase in tariffs for telecommunications services).
Recently, as a result of inflationary pressures that have started to threaten their profitability, telecom operators have started to increase tariffs for their services. A simple analogy shows that the higher tariffs mean that customers are paying more and the total face value of the market is growing faster than previously expected. This trend is common to all world regions and has led to similar changes in the respective sales forecasts for 2022: growth in the Americas increased by 0.3 percentage points, in Asia/Pacific by 0.5 percentage points and in EMEA by 0.9 percentage points. The surge in EMEA comes primarily from Europe, a region experiencing above-average inflation while struggling to find a substitute for cheap Russian energy. Nonetheless, the fastest revenue growth this year is expected to be in the Asia Pacific region, driven by the relatively lower saturation of telecom markets in less developed…
