Press release
Base Station Subsystem Market to see Rapid Growth by 2029
The increasing demand for efficient traffic and signal handling between base station systems (BSS) and mobile switching centers (MSC) is the major factor that is expected to drive the growth of the global base station subsystem market during the forecast period. Encoding, encrypting, multiplexing, transcoding, modulating, and equalizing received signals are some features attributed to BTS which, in turn, are anticipated to boost the market growth. Additionally, the rising need for frequency hopping control systems and time and frequency synchronization systems is expected to create lucrative growth opportunities for the global base station subsystem market during the forecast period.
Besides, the key players present in the global base station subsystem market include IBM Corp. Nokia Corp., Telefonaktiebolaget LM Ericsson, HCL Technologies Ltd., and Huawei Technologies Co., Ltd., among others. These market players adopted various strategies that include- product launches, market expansion, research & developments, mergers & acquisitions, among others to remain sustenance and competitive in the market. For instance, in May 2020, Huawei announced the release of new cable-free technology. BTS antenna can use this technology to elevate the capabilities, including power capacity, integration, and radiation efficiency. The product is designed to deal with the growing need for high-speed capacity of 5G networks.
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Market Coverage
· The market number available for - 2022-2030
· Base year- 2022
· Forecast period- 2022-2030
· Segment Covered
· Regions Covered- Globally
· Competitive Landscape- IBM Corp. Nokia Corp., Telefonaktiebolaget LM Ericsson, HCL Technologies Ltd., and Huawei Technologies Co., Ltd., among others.
Base Station Subsystem Market Report Segmentation
By Type
· Billing and Revenue Management
· Subscriber Data Management
· Service Fulfillment
By Application
· Cloud
· On-Premises
A full Report of Base Station Subsystem Market is Available at: https://www.omrglobal.com/industry-reports/base-station-subsystem-market
Base Station Subsystem Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
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2. More than 120 countries are for analysis.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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