Telecom Network Infrastructure Market Outlook 2024 : Expected Market Growth Rate, Major Driver And Segments | Nokia Corporation Inc., Fujitsu Limited, Cisco Systems Inc., Ciena Corporation

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Telecom Network Infrastructure Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $130.72 billion In 2028 At A CAGR Of 6.8%.

The telecom network infrastructure market size has grown strongly in recent years. It will grow from $94.1 billion in 2023 to $100.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to mobile revolution, internet expansion, evolution of communication standards, cloud computing and data centers, network virtualization and sdn..

The telecom network infrastructure market size is expected to see strong growth in the next few years. It will grow to $130.72 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to 5g deployment and expansion, edge computing growth, iot and connected devices, network security concerns, cloud and data center expansion, ai and network optimization.. Major trends in the forecast period include virtualization and software-defined networking (sdn), edge computing adoption, rise of iot connectivity, security and privacy emphasis, cloud service expansion..

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=9319&type=smp

Telecom Network Infrastructure Market Major Segments
The telecom network infrastructure market covered in this report is segmented -

1) By Component: Product, Service
2) By Connectivity Technology: 2G, 3G, 4G or LTE, 5G
3) By End Users: Telecom Operators, Enterprises

Key Driver - Anticipated Growth In Telecom Network Infrastructure Market Fueled By Rising Smartphone Penetration

Rising smartphone penetration is expected to boost the growth of the telecom network infrastructure market going forward. Smartphone penetration rate refers to a metric for estimating mobile phone usage in a nation, specifically the proportion of SIM cards to the population. Telecom network infrastructure permits wireless communication utilizing portable electronics such as smartphones, tablets, or mobile phones. For instance, in February 2021, according to the report shared by DataReportal, a Singapore-based online reference library, in China, there were 1.61 billion mobile connections in January 2021. Between January 2020 and January 2021, there were 8.0 million more mobile connections in China (+0.5%). Since many people have multiple mobile connections, the number of mobile connections in China in January 2021 was equal to 111.8% of the country's entire population. Therefore, rising smartphone penetration is driving the growth of the telecom network infrastructure market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=9319&type=smp

Prominent Trend - Technological Advancements Propel Innovation In The Telecom Network Infrastructure Market

Technological advancements have emerged as a key trend gaining popularity in the telecom network infrastructure market. Major companies operating in the telecom network infrastructure market are introducing innovative technological solutions to sustain their position in the market. For instance, in October 2021, Dell Technologies, a US-based technology company, launched the Bare Metal Orchestrator, a new telecom software, solution, and service. It is designed to assist communications service providers (CSPs) in accelerating the development of open, cloud-native networks and in opening up fresh revenue streams at the edge. The Dell Technologies Bare Metal Orchestrator provides the depth and size to support the deployment of ORAN and 5G by automating the administration and deployment of tens of thousands of servers across various locations. Declarative automation enables Bare Metal Orchestrator to direct the targeted server in order to accomplish activities and workflows fast and effectively without requiring human involvement, such as deploying software stacks and workloads.

Telecom Network Infrastructure Market Players
Major companies operating in the telecom network infrastructure market report are Nokia Corporation Inc., Fujitsu Limited, Cisco Systems Inc., Ciena Corporation, Fortinet Inc., CommScope Holding Company Inc., Huawei Technologies Co. Ltd., NEC Corporation, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Sprint Corporation, Altiostar Networks Inc., Juniper Networks Inc., Palo Alto Networks Inc., Telefonaktiebolaget LM Ericsson, Check Point Software Technologies Ltd., Altran Technologies SA, Capgemini SE, Broadcom Inc., Intel Corp., Alcatel-Lucent, ZTE Corporation, Affirmed Networks, Software-Defined Networking (SDN), Synchronization Networks, Test and Measurement Equipment, Transmission Systems, VoLTE Gateways, Ascendis Communications, Cambium Networks .

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/telecom-network-infrastructure-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the telecom network infrastructure market in 2023. The regions covered in the telecom network infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Telecom Network Infrastructure Market Report Structure
3. Telecom Network Infrastructure Market Trends And Strategies
4. Telecom Network Infrastructure Market - Macro Economic Scenario
5. Telecom Network Infrastructure Market Size And Growth
…..
27. Telecom Network Infrastructure Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.