Telecom Equipment Market Outlook 2027 Global Industry Size, Share, Trends, Competition
According to TechSci Research, Global telecom equipment market is expected to grow at a significant rate during the predicted period. Proliferation of smart devices coupled with higher penetration of internet is expected to drive the global telecom equipment market. Rise in the demand for IoT devices for enhanced connectivity and real time information for commercial and residential sectors is boosting the global telecom equipment market. Additionally, technological advancements in the field of cloud computing, artificial intelligence and emergence of cloud computing devices will fuel the market growth in the next five years.
Rising demand for 4G LTE technology and expected roll out of 5G technology owing to high-speed transmission, operational efficiency and cost-effectiveness will contribute to the growth of the global telecom equipment market. Also, increased concerns regarding security for commercial applications is expected to fuel the global telecom equipment market growth.
The increasing preference towards wireless communication owing to efficient transmission over long distances and easy installation will boost the telecom equipment growth. Digitization process across various industry verticals to upgrade operations and improve efficiency is expected to generate the need for telecom equipment market worldwide.
Global Telecom Equipment market is segmented based on infrastructure, product type, offering, end user, and region. Based on product type, the telecom equipment market is bifurcated into IT & Telecommunication, Consumer Electronics, BFSI, Retail, Media, Defense, and Others. IT & telecommunication and consumer electronics sectors are expected to witness fastest growth during the predicted period. Increased demand for automation and emerging technologies with advanced assembly equipment in addition with higher living standards and highly disposable income among consumers is creating lucrative opportunities for growth of global telecom equipment industry.
Click here to download the sample
The major players operating in the Global Telecom Equipment market are Huawei Technologies Co Ltd, Cisco Systems Inc, Fujitsu Ltd, NEC Corporation, Nokia Corporation, ZTE Corporation, Qualcomm Technologies, Inc., Samsung Group, Ericsson Inc., Jupiter Networks, Inc., and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive Go-to-Market strategies include mergers & acquisitions, research collaborations and new product developments to expand their geographic reach and to increase their customer basis.
- To analyse and forecast the market size of telecom equipment market, in terms of value.
- To classify and forecast global telecom equipment market based on equipment, end-use, and regional distribution.
- To identify drivers and challenges for global telecom equipment market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global telecom equipment market.
- To conduct the pricing analysis for telecom equipment market.
- To identify and analyse the profile of leading players involved in the manufacturing of global telecom equipment market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the manufacturers, distribution channels and presence of all major collaboration manufacturers across the globe.
TechSci Research calculated the market size of Global Telecom Equipment Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Telecom Equipment Manufacturers, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Infrastructure · Product Type · Offering · End User |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Singapore; Malaysia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia; |
Key companies profiled | Huawei Technologies Co Ltd, Cisco Systems Inc, Fujitsu Ltd, NEC Corporation, Nokia Corporation, ZTE Corporation, Qualcomm Technologies, Inc., Samsung Group, Ericsson Inc., Jupiter Networks, Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, Global Telecom Equipment Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Telecom Equipment Market, By Infrastructure:
- Wireless
- Wired
- Global Telecom Equipment Market, By Product Type:
- Public Switching Equipment
- Transmission Equipment
- Customer Premises Equipment
- Global Telecom Equipment Market, By Offering:
- Products
- Software
- Services
- Global Telecom Equipment Market, By End User:
- IT & Telecommunication
- Consumer Electronics
- BFSI
- Retail
- Media
- Defense
- Others
- Global Telecom Equipment Market, by Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in telecom equipment market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com
Comments
Post a Comment