New Zealand Telecom Market Size

New Zealand Telecom Market Analysis

The telecom market in New Zealand is expected to witness a CAGR of 2.5% over the next five years. This growth is attributable to the huge acceptance of UFB fiber internet and the popularity of mobile plans with unlimited data. Although there are three major telecom players in the country, namely, Spark New Zealand Limited, Two Degrees Mobile Limited, and Vodafone New Zealand Limited, several small broadband vendors are expanding their market shares.

• One of the highest rates of investment in the OECD is being made in the telecommunications sector in New Zealand. The telecom sector offers a variety of services that are becoming more and more competitive in terms of both price and quality when compared to other nations, making it one of New Zealand's most inventive industries. The industry is witnessing technical advancements, boosting the economy's fundamental production potential and raising the country's overall standard of living.
• The Commerce Commission's Annual Telecommunication Monitoring Report confirmed that the telecommunications industry is positively responding to New Zealanders' demand for access to high-quality and top-notch telecommunications services. The sector can fulfill the customer demand for more data, as mobile data consumption is up by 35% and broadband data consumption is up by 21% compared to 2018 levels.
• Digital technology is already playing a big part in the country's infrastructure solutions. Spark, along with the key telecom players in the country, is actively exploring digital transformation to improve its business agility and spur development. This entails utilizing digital technology to enhance the client experience through enhanced wireless options, increased efficiency in service delivery, and streamlined and automated processes. The company's strategy outlines how New Zealand can take advantage of possibilities presented by digital technology, such as how digital infrastructure can alleviate the country's infrastructure deficit while simultaneously promoting environmental outcomes.
• The New Zealand government is collaborating with the country's three largest network providers (Spark, Vodafone, and 2Degrees-and shared network infrastructure provider Dense Air) to enhance rural connectivity and speed up the rollout of 5G services in smaller towns. The board has decided to grant long-term access to the 3.5 GHz frequency band through a direct allocation process as part of the government's commitment to enhance rural connectivity. To start the 5G rollout in Aotearoa, New Zealand, the government granted short-term early access to this spectrum in 2020.
• COVID-19 was a turning point for digital internet access in New Zealand. Before the pandemic, the telecommunications industry had gone through a decade in which demand for fixed and mobile services rose relatively steadily. While demand growth frequently outpaced initial projections during the pandemic, the sector made sure that investment kept up with the growing needs of consumers and businesses. The scope and pattern of usage of telecommunications services, however, have undergone enormous and unprecedented changes during the pandemic. The fixed and mobile networks demonstrated world-class capacity, speed, and reach.