Market Size of Cambodia Telecom Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.90 Billion |
| Market Size (2029) | USD 1.01 Billion |
| CAGR (2024 - 2029) | 2.33 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Cambodia Telecom Market Analysis
The Cambodia Telecom Market size is estimated at USD 0.9 billion in 2024, and is expected to reach USD 1.01 billion by 2029, growing at a CAGR of 2.33% during the forecast period (2024-2029).
Most major telecom companies, such as Smart Axiata, Viettel, Cellcard, and Beeline, are based in Cambodia and promote innovation by making significant R&D investments consistently.
- The transition to 4G and 5G is still rising in the country due to expanding new networks and the expansion of the device ecosystem. For Instance, Smart Axiata deployed 68 new network base station sites in the Siem Reap province. These new sites will enhance Smart's 4G LTE network for users nationwide and help to ensure the network is fully ready to meet the growing customer demands during the COVID-19 outbreak.
- 5G services still need to be fully deployed in Cambodia, but key telecom operators have completed 5G demonstrations and trials over the past two years. For Instance, Viettel teamed up with Telecom Cambodia to roll out 5G trails in the capital Phnom Penh. In the Future, customers will slowly start migrating from 3G and 4G networks to the 5G network.
- Cambodia's telecom industry made further strides in expanding its wireless deployments. For Instance, Smart Axiata offers voice-over-Wi-Fi (VoWiFi) service for its customers. These wireless mobile broadband services will bring new opportunities to the telecom market.
- For Instance, Asia-Africa-Europe-1 (AAE-1) selected Infinera to increase its submarine network capacity. AAE-1's cable system spans 25,000 kilometers of the submarine and terrestrial networks that connect routes across Thailand to provide connectivity to Vietnam, Cambodia, and Hong Kong. Key players in the telecom market would further support the growth by investing in fiber cables to offer high-speed connectivity services for customers.
- The COVID-19 pandemic situation has impacted the telecom market. For Instance, The government of Cambodia postponed National Internet Gateway (NIG) plans. The Ministry of Posts and Telecommunications (MPTC) stated that the plans have got delayed due to the COVID-19 pandemic.
