The global biomedical refrigerators and freezers market is slated to magnify at a strong CAGR of 4.2% over the period amid 2016 and 2024. The market, which was worth $2.91 billion in 2015, is predicted to upswing to $4.28 billion by 2024…
BMI View: The phasing out of regional macroeconomic headwinds will provide better prospects for service
usage, uptake and monetisation. As most mobile voice markets are now saturated, non-legacy services such
as mobile data, value-added services like mobile financial services (MFS) and video on demand (VOD), and
converged service offerings will drive growth at the regional level. That said, customers will remain pricesensitive
so the transition to a more data-centric and converged service market will be gradual and uneven
across the region.
Latest Updates & Industry Developments
? Regional operators are reporting softer conditions in their businesses. In Q216, both Telefónica and
América Móvil registered negative net subscriber additions in the quarter, with the exception of
Millicom which recorded a 0.6% growth rate in its total Latin American subscriptions.