The report from analyst firm GlobalData also reveals that the share of smartphones in total handset subscriptions is expected to reach an estimated 94.3% by 2023, as all the major mobile network operators (MNOs) in the country continue to promote easy monthly bundled plans on smartphone purchases.
Deepa Dhingra, telecom analyst at GlobalData, says: “4G will continue to be the most adopted wireless network technology through the forecast period”.
“However, with the auctioned 5G spectrum licenses commencing operations from March 2020 and major MNOs accelerating their 5G network rollouts, 5G is expected to be commercially available in 2020 and account for an estimated 26.1% of the total mobile subscriptions by 2023.”
In addition, the ongoing fixed broadband network expansions as part of NBN project will improve the penetration of fixed broadband services in Australia, GlobalData observes.
Mobile voice revenue will decline over the forecast period due to a significant drop in monthly usage rates and the overall voice average revenue per user (ARPU), with GlobalData cautioning that fixed voice revenue will also see a decline in value as a result of falling circuit-switched lines and declining fixed voice ARPU.
In the pay-TV market, GlobalData expects that increasing substitution of pay-TV services with over-the-top (OTT) video streaming applications will drag down pay-TV revenues through 2023.
“Operators are currently focusing on driving IPTV subscription base through fixed broadband + IPTV bundled plans to partially offset the continued decline in cable and direct-to-home (DTH) subscriptions,” Dhingra concluded.