Monday, 10 July 2017

Nigeria Internet Access Revenue To Hit $4.4b

PricewaterhouseCoopers (PwC) has projected that Internet access revenues in Nigeria will rise by a Compound Annual Growth Rate (CAGR) of 16.2% to reach $4.4 billion in 2021.
This is contained in PwC Global Entertainment and Media Outlook 2017-2021 report.
The report disclosed that mobile Internet revenues will increase by a CAGR of 16.8 per cent amounting to $4.3 billion, accounting for 96.6% of total Internet access revenues in the time frame under review.
According to the PwC report, while Nigeria will be the world’s fastest-growing Entertainment & Media (E&M) market over period under review, the slowest-growing will be Japan, growing at a 1.7% CAGR.

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