Telecom Services Market to enjoy ‘explosive growth’ to 2025: AT&T, Bharti Airtel, Verizon
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Report Description 2
Global Telecom Services Market Overview:
One of the fastest-growing industries in the business world is the telecommunications services industry. These services offer telecommunications service providers for the purpose of sending and receiving messages through electronic devices Services include phone internet access, email, text, television, and many more. Moreover, telecommunications services have a vigorous global market presence. Furthermore, these services have shown an important role for businesses as they have provided effective communication between their customers and help them to establish a healthy relationship with them. With the support of numerous numbers of other organizations, telecommunication has become a powerful business sector across the world. Thus enhancing the market demand Some of the key players profiled in the study are AT&T (United States), Verizon (United States), Vodaphone Group (United Kingdom), T-Mobile (Germany), CenturyLink (United States), Cisco (United States), Frontier Communications (United States), Windstream Holdings (United States), Deutsche Telekom (Germany), Juniper Networks (United States), Nokia (Finland), Ericsson (Sweden), Bharti Airtel (India), NTT (Japan), China Unicom (Hong Kong), Telefonica (Spain), Orange S.A. (France), America Movil (United States), Comcast (United States), KDDI (Japan) and BT Group (United Kingdom).
On the basis of geography, the market of Telecom Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Type, the sub-segment i.e. On-Premises will boost the Telecom Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operator Type, the sub-segment i.e. Mobile Operator will boost the Telecom Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Enterprises will boost the Telecom Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technologies, the sub-segment i.e. 4G will boost the Telecom Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Factors enhancing the growth of telecommunications services are modern and advanced technology coupled with market competition as well as investment made by the new telecommunication technologies like wireless communication and satellite, innovative services and many more. Thus enhancing the need for both market demand as well as the services & the market which have a direct impact on these industries.
Adoption of High Numbers of Technologies in these Industries
Evolving IoT in Telecommunication Industry
The High Cost of Value-Added Services
Maintaining Security Traits and Non-Awareness Among Consumers
Increase in the Number of Cellular/Mobile Subscribers
Exponential Growth in the Global IP Traffic and Cloud Traffic
Concerns Over Data Privacy
Complexity and Cost Involved in Upgrading Traditional Network Infrastructure
TATA acquired BT Group’s Mosaic business, AT&T Corp. and SBC merged and named it AT&T Inc., and the merger of MCI and Verizon.
Telecom Services Provider, Potential Investors, End-Users and Others
Major Objectives Focused through this Study
• To define, describe, and forecast the Global Telecom Services market on the basis of product [Basic Telecommunication Business Services (Circuit-Switched Data Transmission, Facsimile Services, Voice Telephone Services, Telegraph Services, Packet-Switched Data Transmission, Telex Services, and Others) and Value-Added Telecom Business Services (Electronic Data Interchange E-mail, Data Processing, Voicemail, Online Database Storage)] , application [Private Use and Public Use], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Telecom Services market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Telecom Services industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are China Mobile Ltd (China), Sprint Corporation (United States), IBM (United States) and Alcatel-Lucent (France).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Telecom Services market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
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