Press release
Wireless Telecommunication Carriers Market 2020-2030: Covid 19 Impact Analysis And Recovery | AT&T, China Mobile, Verizon Communications, Deutsche Telekom AG, Telefonica SA
Wireless Telecommunication Carriers Market
The global wireless telecommunication carriers market is expected to decline from $759 billion in 2019 to $736.1 billion in 2020 at a compound annual growth rate (CAGR) of -3.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $878.6 billion in 2023.
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The wireless telecommuncationss carriers market consists of sales of telecommunications services and related goods via airwaves by entities (organizations, sole traders and partnerships) that operate and maintain switching and transmission facilities to provide telecommunications services via airwaves. The services provided by the companies in this industry include cellular phone services, wireless internet access, and wireless video.
The biggest forthcoming change in the telecoms industry is the emergence of fifth-generation mobile networks (5G). 5G is expected to be much quicker than the present 4G. It will be some years before this technology becomes commercially available. The new generation mobile network is likely to provide the capacity needed to support the IoT(Internet Of Things) revolution. Low latency is another important feature expected from 5G.
Wireless Telecommunication Carriers Market Segmentation: -
By Type
Cellular/Mobile Telephone Services
Wireless Internet Services
By Application
Household
Commercial
By Product
Voice
Data
By Technology
3G
4G
5G
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Wireless Telecommunication Carriers Market Characteristics
4. Wireless Telecommunication Carriers Market Product Analysis
5. Wireless Telecommunication Carriers Market Supply Chain
.
.
.
20. Key Mergers And Acquisitions In The Wireless Telecommunication Carriers Market
21. Market Background: Telecom Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the Wireless Telecommunication Carriers Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Wireless Telecommunication Carriers Market are AT&T, China Mobile, Verizon Communications, Deutsche Telekom AG, Telefonica SA
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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