The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Japan's mature telecommunications industry is characterised by high-speed internet
connections. Operators have enjoyed success in pursuing multi-device strategies due to a high appetite for
advanced technology and digital applications. However, the country's economic slowdown brings
considerable downside risks to this strategy; which relies on high levels of disposable income. We believe
that the future of the Japanese telecommunications market will be driven by the Internet of Things (IoT).
With virtually 100% 3G/4G penetration, recent trends are reflective of operators' rush to use this high
technological base to push for subscribers to take up higher-value digital services.
Latest Updates And Industry Developments
? Mobile subscriptions grew by 3.5% y-o-y in Q216, despite market saturation, reaching 161.43mn by
end-June. Almost 100% of these subscribers are 3G/ 4G users, and this is in line with our 3G/ 4G
forecasts of 161.76mn by end-2016, a number which will rise modestly to 164.12mn by end-2020.
? The number of broadband connections grew to around 89.52mn by Q216 with high-speed fibre-optic
broadband and dedicated mobile broadband leading this subscriber growth. We estimate over 91mn
broadband connections by end-2016 and see this number jumping beyond 110mn by the end of 2020.