| Product Code: ETC040290 | Publication Date: Jan 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In 2024, Nigeria continued to see significant import shipments of communications equipment from top exporting countries including China, USA, Mexico, Thailand, and Malaysia. Despite a negative Compound Annual Growth Rate (CAGR) of -12.7% from 2020 to 2024, the market experienced a sharp decline with a growth rate of -44.53% from 2023 to 2024. The industry maintained a high concentration level, as indicated by the Herfindahl-Hirschman Index (HHI), showcasing the dominance of key players in the Nigerian communications equipment market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Communications Equipment Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Communications Equipment Market Revenues & Volume, 2019 & 2026F |
3.3 Nigeria Communications Equipment Market - Industry Life Cycle |
3.4 Nigeria Communications Equipment Market - Porter's Five Forces |
3.5 Nigeria Communications Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Communications Equipment Market Revenues & Volume Share, By Component, 2019 & 2026F |
3.7 Nigeria Communications Equipment Market Revenues & Volume Share, By Application, 2019 & 2026F |
3.8 Nigeria Communications Equipment Market Revenues & Volume Share, By End-users, 2019 & 2026F |
4 Nigeria Communications Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Communications Equipment Market Trends |
6 Nigeria Communications Equipment Market, By Types |
6.1 Nigeria Communications Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Communications Equipment Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Nigeria Communications Equipment Market Revenues & Volume, By Optical Communication Equipment, 2016 - 2026F |
6.1.4 Nigeria Communications Equipment Market Revenues & Volume, By Network Communication Equipment, 2016 - 2026F |
6.1.5 Nigeria Communications Equipment Market Revenues & Volume, By Mobile Communication Device, 2016 - 2026F |
6.2 Nigeria Communications Equipment Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Communications Equipment Market Revenues & Volume, By WANs (Wide Area Network), 2016 - 2026F |
6.2.3 Nigeria Communications Equipment Market Revenues & Volume, By Transceiver, 2016 - 2026F |
6.2.4 Nigeria Communications Equipment Market Revenues & Volume, By Switch, 2016 - 2026F |
6.2.5 Nigeria Communications Equipment Market Revenues & Volume, By Routers, 2016 - 2026F |
6.2.6 Nigeria Communications Equipment Market Revenues & Volume, By LANs (Local Area Network), 2016 - 2026F |
6.2.7 Nigeria Communications Equipment Market Revenues & Volume, By Exchanges, 2016 - 2026F |
6.3 Nigeria Communications Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Communications Equipment Market Revenues & Volume, By Telecom Operators, 2016 - 2026F |
6.3.3 Nigeria Communications Equipment Market Revenues & Volume, By Data Center, 2016 - 2026F |
6.4 Nigeria Communications Equipment Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Communications Equipment Market Revenues & Volume, By Banking, Financial Services and Insurance (BFSI), 2016 - 2026F |
6.4.3 Nigeria Communications Equipment Market Revenues & Volume, By Personal, 2016 - 2026F |
6.4.4 Nigeria Communications Equipment Market Revenues & Volume, By Healthcare, 2016 - 2026F |
6.4.5 Nigeria Communications Equipment Market Revenues & Volume, By Government, 2016 - 2026F |
6.4.6 Nigeria Communications Equipment Market Revenues & Volume, By Enterprise, 2016 - 2026F |
6.4.7 Nigeria Communications Equipment Market Revenues & Volume, By Energy & Utilities, 2016 - 2026F |
6.4.8 Nigeria Communications Equipment Market Revenues & Volume, By Cloud, 2016 - 2026F |
6.4.9 Nigeria Communications Equipment Market Revenues & Volume, By Cloud, 2016 - 2026F |
7 Nigeria Communications Equipment Market Import-Export Trade Statistics |
7.1 Nigeria Communications Equipment Market Export to Major Countries |
7.2 Nigeria Communications Equipment Market Imports from Major Countries |
8 Nigeria Communications Equipment Market Key Performance Indicators |
9 Nigeria Communications Equipment Market - Opportunity Assessment |
9.1 Nigeria Communications Equipment Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Nigeria Communications Equipment Market Opportunity Assessment, By Component, 2019 & 2026F |
9.3 Nigeria Communications Equipment Market Opportunity Assessment, By Application, 2019 & 2026F |
9.4 Nigeria Communications Equipment Market Opportunity Assessment, By End-users, 2019 & 2026F |
10 Nigeria Communications Equipment Market - Competitive Landscape |
10.1 Nigeria Communications Equipment Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Communications Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here