Press release
Global ICT Investment Trends in Telco/Service Market Expected to Witness a Sustainable Growth over 2023
ICT is information and communication technology. ICT (Information and Communication Technology) is the infrastructure and components for modern computing. It is a new concept and a new technical field formed by the integration of information technology and communication technology.
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Global ICT Investment Trends in Telco/Service Market: Forecast by Type / Application / Region
Information and communication technology (ICT) is one of the most dynamic market sectors in China's economic boom. China is the world’s second largest ICT market. China’s ICT Investment market will reach USD $191 billion by 2023 according to QYR. Competition is strong not only from Chinese firms but also from international companies, as the quality of hardware, software, and services has continued to improve in recent years. The main players in Chinese ICT Investment market are as follows: China Mobile, Huawei, China Telecom, China Unicom, Cisco, IBM, Dell, HP, Oracle, Microsoft and Google, etc.
In the next few years, the transformation of traditional industries through Internet technology and Chinese enterprises' participation in 'Belt and Road' initiatives to enter foreign markets will become the main driving forces for the development of China’s domestic ICT market. The transformation of traditional industries by integrating ICT technologies will push forward the application and development of industry sectors such as mobile Internet, cloud computing, Big Data, Internet of Things (IoT), and other emerging technologies, and lead to the rapid development of intelligent terminals along with communication services.
According to this study, over the next five years the ICT Investment Trends in Telco/Service market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in ICT Investment Trends in Telco/Service business, shared in Chapter 3.
Global ICT Investment Trends in Telco/Service Market: Key Players
China Mobile
Huawei
China Telecom
China Unicom
Cisco
IBM
Dell
HP
Oracle
Microsoft
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Related Information:
United States ICT Investment Trends in Telco/Service Market Research Report 2018
Europe ICT Investment Trends in Telco/Service Market Research Report 2018
North America ICT Investment Trends in Telco/Service Market Research Report 2018
Asia-Pacific ICT Investment Trends in Telco/Service Market Research Report 2018
China ICT Investment Trends in Telco/Service Market Research Report 2018
EMEA ICT Investment Trends in Telco/Service Market Research Report 2018
Global ICT Investment Trends in Telco/Service Market Research Report 2018
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