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Telecom Tech: Telecom Infrastructure Equipment Market Explores Size, Share, and Strategies for Industry Evolution || Huawei Technologies Co. Ltd., China Telecommunications Corporation, Cisco Systems Inc
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Telecom Infrastructure Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The telecom infrastructure equipment market size has grown strongly in recent years. It will grow from $86.84 billion in 2023 to $91.31 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to growing mobile network expansion, rapid growth in data traffic, emergence of 4g/lte networks, fiber optic network deployments, government initiatives and policies.
The telecom infrastructure equipment market size is expected to see strong growth in the next few years. It will grow to $116.24 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growing 5g network rollouts, growing internet of things (iot) connectivity, edge computing integration, network virtualization and software-defined networking (sdn), increasing capacity and network efficiency. Major trends in the forecast period include cloud-ran (centralized radio access network) deployments, automation and orchestration of network operations, satellite communication integration, enhanced backhaul solutions for network connectivity, collaboration with telecom service providers for innovation.
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Market Segmentation:
The telecom infrastructure equipment market covered in this report is segmented -
1) By Product Type: Switching Equipment, Bridges, Gateways And Routers, Other Product Types
2) By Infrastructure: Wireless, Wired Infrastructure
3) By End-User: Telecom Operators, Enterprises
Major Driver - Increasing Popularity Of Iot Devices Driving Demand For Telecom Equipment
The increase in the popularity of IoT devices among the populace has led to a rise in demand for telecommunications infrastructure equipment. IoT is becoming popular as a greater number of people are using smart devices and are mostly working on their errands, office work, communication, sending/receiving messages using smart devices thus overwriting the traditional way. Telecom equipment manufacturers such as Cisco are already investing in the IoT industry to cater to the growing demand. According to a survey, the global IoT market grew by $212 billion in size in the end of 2019 and by 2025 it is forecasted to grow to $1.6 trillion. This rising adoption of IoT technologies is expected to drive the demand for telecom equipment globally.
Competitive Landscape:
Major companies operating in the telecom infrastructure equipment market report are Huawei Technologies Co. Ltd., China Telecommunications Corporation, Cisco Systems Inc., Qualcomm Incorporated, Fujitsu Limited, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, ZTE Corporation, Corning Incorporated, Motorola Solutions Inc., Juniper Networks Inc., ARRIS International plc, Ciena Corporation, ALE International SAS, Accton Technology Corporation, Nortel Networks Corporation, ECI Telecom Ltd., Alpha Networks Inc., Tellabs Inc., EXFO Inc., Calix Inc., Ribbon Communications Inc., HFCL Infotel Ltd., Adtran Inc., Casa Systems Inc., GTL Infrastructure Limited, Alvarion Ltd., NELCO Limited, Native Networks Ltd.
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Top Trend - Rising Demand For Private Lte Networks
LTE networks provide the best ways for enhanced security of different business applications. These networks are making trends because they are economical, have low deployment cost and increased operational efficiency. The demand for growth in the private LTE network sector is witnessed because of the increased adoption of isolated systems. Statistics reveal that CAGR estimated for private LTE networks is 12.63% during the forecast period 2019-2024.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Telecom Infrastructure Equipment Market Characteristics
3. Telecom Infrastructure Equipment Market Trends And Strategies
4. Telecom Infrastructure Equipment Market - Macro Economic Scenario
5. Telecom Infrastructure Equipment Market Size And Growth
…..
27. Telecom Infrastructure Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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