Fixed communication services revenue in New Zealand is expected to rise from $1.3 billion in 2024 to $1.4 billion by 2029, says GlobalData.
The growth in the fixed communication services market in New Zealand will be driven by demand for fixed broadband, particularly fiber-to-the-home/business (FTTH/B) connections.
Investments in fiber infrastructure in New Zealand will advance the country’s high-speed broadband capabilities.
Fixed voice services revenue in New Zealand will witness a compound annual growth rate of 0.9 percent during 2024-2029 period, given the steady decline in circuit-switched subscriptions and sluggish growth in packet switched (VoIP) subscriptions.
Fixed broadband service revenue in New Zealand is expected to increase at a CAGR of 1.6 percent over the forecast period, mainly supported by the growth in fixed wireless and FTTH/B subscriptions, on the back of government efforts to expand broadband connectivity in the country.
Fiber lines in New Zealand accounted for about 70 percent share of total fixed broadband lines in 2023 and will remain the leading broadband technology through to 2029. The growth in fiber lines in New Zealand will be driven by demand for high-speed broadband connectivity coupled with improvements in fiber broadband infrastructure.
Chorus, a wholesale fixed line provider, launched a fiber build program in February 2024, to expand fiber internet coverage to 10,000 additional homes and businesses, encompassing 59 communities in New Zealand.
Vector Communications leads the fixed voice services market in New Zealand, by subscription share.
Spark leads the fixed broadband service market in New Zealand in terms of subscription share due to its position in the FTTH service segment and its promotional plans with fiber broadband and exclusive deals on music, movies, and sports.
