Empowering Business Growth: Nigeria Telecom & ICT Market Outlook (2022–2027)

Introduction
Nigeria’s business telecom market is set to experience strong growth, with fixed and mobile data services driving the majority of operator revenue. However, IoT and ICT services will be the fastest-growing segments between 2022 and 2027. This report provides a comprehensive outlook on telecoms and ICT services for businesses of all sizes in Nigeria.

Key Insights

• Market Growth & Projections
  • Forecasts for operator services across micro, small, medium-sized, and large enterprises.
  • Revenue projections, number of connections, and ARPU for each service and business size segment.
• ICT Market Potential
  • Estimation of the total ICT services market addressable by operators and their expected market share in seven key service categories.
• Business Demographics
  • Data on the number of employees, businesses, and sites per business size segment, including governmental and public sector entities.
• Leading Operators
  • Profiles of major telecom providers in Nigeria, including:
    • 21st Century Technologies
    • 9Mobile
    • Airtel
    • Globacom
    • MTN
    • Spectranet

Service Coverage

• Geographical Focus
  • Nigeria
• Mobile Services
  • Voice, messaging, and handset data
  • Mobile broadband
  • IoT connectivity (mobile and LPWA)
• Fixed Services
  • Narrowband and VoBB
  • ADSL/SDSL, vDSL, FTTP/B, cable, BFWA, and other fixed broadband
  • Dedicated connections segmented by speed:
    • Up to 100 Mbit/s
    • 100 Mbit/s and up to 1 Gbit/s
    • 1 Gbit/s
  • Traditional managed services
  • IoT connectivity
• ICT & Business Services
  • Cloud & Hosting
    • Private cloud
    • Co-location and hosting
    • Software-as-a-service (SaaS, public cloud)
    • Platform-as-a-service (PaaS, public cloud)
    • Infrastructure-as-a-service (IaaS, public cloud)
  • Security & Infrastructure
    • Unified communications
    • Security
  • Enterprise Solutions
    • Enterprise mobility
    • Desktop management
• Business Segments
  • Micro (0–9 employees)
  • Small (10–49 employees)
  • Medium (50–249 employees)
  • Large (250+ employees)

This report and its data annex provide valuable insights for businesses and telecom operators looking to capitalize on Nigeria’s growing demand for connectivity, digital transformation, and ICT services.