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Wired Telecommunication Carriers Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

06-25-2024 04:12 PM CET | Media & Telecommunications

Press release from: Orion Market Research

Wired Telecommunication Carriers Market Size, Trends, Latest

The Global Wired Telecommunication Carriers Market is expected to grow at a significant CAGR during the forecast period. Wired telecommunications services relate to goods by entities that provide local and long-distance voice calling, sound, and video transmission, cable TV, and internet services over fixed-line networks. These goods make up the wired telecommunications carriers market. In the wired telecommunications sector, corporations may own and manage networks, share networks, or lease networks from other businesses.

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The growth of the wired telecommunication carriers market is driven by the projected economic growth in many developed and developing countries. According to the International Monetary Fund (IMF), global GDP increased by 3.4 % in 2021. Commodity prices are projected to recover following a large drop in recent time, which will help the market grow even more. Developed economies are estimated to grow at a steady pace during the forecast period. Furthermore, during the forecast period, developing markets are predicted to grow at a rather quicker rate than established countries. Investments in end-user markets are likely to rise as the economy remains stable. As a result, these factors will drive the market growth for wired telecommunication carriers during the forecast period.

Instead of restricting their service offers to fixed-line and DSL internet services, wired telecommunications providers are also offering other services to their customers. Companies are moving toward a multi-function system by including services like internet broadband and satellite television in their offerings. As a result, consumers who have access to the internet and voice telephony are more likely to sign up for IPTV, video on demand, and pay television services. For example, AT&T acquired DirecTV pay-tv services to broaden its offers to customers. Similarly, Verizon acquired XO Communications in 2017, increasing its Ethernet capacity for corporate and wholesale clients.

Wired Telecommunication Carriers Market Report

By Type

• Broadband Internet Services
• Fixed Telephony Services
• Direct-To-Home (DTH) Services

By Application

• Household
• Commercial

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Wired Telecommunication Carriers Market Report Segment by Region

North America

• United States
• Canada


• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe


• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AT&T
• Comcast Corporation
• China Telecom
• BT Group
• Verizon Communications

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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