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Market to remain flat after COVID-19 decline with mobile revenues accounting for over 55% of total market share.
Claudio Castelli · Venture InsightsPeriod: FY19-248 min read
Last updated
Retail Telco Market Revenue CAGR (FY19-24)
Total Retail Telco Revenue (2024F)
This report forecasts a negative growth for the New Zealand telecommunications market with a retail CAGR of -1.4% between 2019 and 2024. While fixed broadband is expected to grow at a 1.7% CAGR reaching NZ$1.55bn, these gains are offset by a structural 9.8% annual decline in fixed voice revenue. Mobile remains the largest segment, projected to reach NZ$2.8bn by 2024, driven by 5G rollouts and a migration toward postpaid plans and bundled offerings.
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