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Key Influencer in the Telecom Equipment Market 2025: Explosive Growth In Mobile Telecommunications Fuels Surge In Telecom Equipment Market Driver

02-07-2025 08:55 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Telecom Equipment Market Size

Telecom Equipment Market Size

What Is the Forecasted Market Size and Growth Rate for the Telecom Equipment Market?
In recent times, a marked growth has been noted in the telecom equipment market. The projection of the market's size indicates that it will rise from $636.86 billion in 2024 to a staggering $684.76 billion in 2025, demonstrating a Compound Annual Growth Rate (CAGR) of 7.5%. This impressive growth noted in the past is a result of numerous factors including the prevalence of wireless communication, an uptick in smartphone user numbers, an expanding smart infrastructure, a surge in the demand for consumer electronics globally, and the growing need for high-speed communication systems.

The size of the telecom equipment market is projected to experience robust growth in the upcoming years, with its value reaching $861.63 billion in 2029, indicating a compound annual growth rate (CAGR) of 5.9%. This growth in the predicted period can be ascribed to the demand for advanced wireless telecom equipment and network infrastructure, increased interest in 5G technology, growing demand for IoT-enabled smart applications, expanding mobile telecommunications sector, and rising need for several home improvement items and electronic gadgets. Major trends expected to be seen during this forecast period are a rise in smart city projects in developing countries, the evolution of advanced telecom communication networks, technological innovation, improvements in internet infrastructure, and the rollout of 5G networks.

What Factors Are Propelling the Expansion of the Telecom Equipment Market?
The expansion of the mobile telecommunications industry is set to fuel the development of the telecom equipment market in the future. Mobile telecommunication connotes the wireless transmission of voice, data, and multimedia, permitting users to interact and gain information access. The escalating demand for connectivity, the widespread adoption of smartphones, and the proliferation of digital services fuel the surge in demand for mobile telecommunications. Mobile telecommunications entities utilize telecom equipment to widen their network infrastructure, enhance the quality of service, and cater to the ever-increasing consumer demand for dependable, swift mobile communication services. For example, as per the State of Mobile Internet Connectivity Report by the GSM Association, a UK-based group, in October 2023, mobile internet utilization hit 4.6 billion people globally in 2022, accounting for 57% of the global population. This represents an upsurge from 55% in 2021, with a total of 57.1% individuals connected in 2022. Consequently, the burgeoning mobile telecommunications industry is stimulating the expansion of the telecom equipment market.

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Which Businesses Are at the Forefront of Telecom Equipment Market Development?
Major companies operating in the telecom equipment market are Samsung Electronics Co. Ltd., Verizon Communications Inc., Deutsche Telekom AG, AT&T Corporation, NTT Communications Corporation, Huawei Technologies Co. Ltd., Cisco Systems Inc., Qualcomm Technologies Inc., Fujitsu Limited, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, ZTE Corporation, TE Connectivity Ltd., CommScope Holding Co Inc., Keysight Technologies Inc., Juniper Networks Inc., Ciena International Inc., Viavi Solutions Inc., Extreme Networks Inc., Mavenir Systems Inc., Adtran Inc., Ribbon Communications Inc., SIA Mikrotīkls, Ceragon Networks Ltd., Alcatel Lucent Teletas Telekomunikasyon AS, Baicells Technologies Co. Ltd., Cambium Networks Corporation, RADWIN, TELNET Redes Inteligentes S.A.

What Are the Latest Innovations in the Telecom Equipment Market?
Leading companies in the telecommunications equipment market are honing in on advances in technology, like software automation, to improve network functionalities and performance. By eliminating repetitive tasks, this technology increases efficiency and decreases the need for manual labor across various sectors. For example, in October 2023, Telefonaktiebolaget LM Ericsson, a telecommunications corporation based in Sweden, introduced a top-of-the-line software toolkit developed to boost 5G standalone network capabilities and provide superior services with distinct connectivity. This toolkit is constructed to satisfy experience-based connectivity with high requirements for throughput, reliability, and latency. It gives communications service providers (CSPs) the ability to cater to use cases that require high performance, including seamless mobile cloud gaming, video conferencing, live broadcasts, remote control machinery/vehicles, public safety services, and expansive reality applications. The toolkit enhances features for extensive multiple-input multiple-output (MIMO), advanced radio access network slicing, time-sensitive communication, and a 5G core.

How Is the Telecom Equipment Market Segmented?
The telecom equipment market covered in this report is segmented -

1) By Type: Network Communication Equipment, Mobile Communication Device, Optical Communication Equipment
2) By Component: Hardware, Software
3) By Technology: 2G And 3G, 4G LTE, 5G
4) By Infrastructure: Wired, Wireless
5) By End-User: Banking, Financial Services And Insurance (BFSI), Retail, Information Technology And Telecommunication, Media And Entertainment, Healthcare, Military And Defense, Consumer Electronics, Other End Users

Subsegments:
1) By Network Communication Equipment: Routers and Switches, Modems and Gateways, Base Stations and Network Nodes, Network Infrastructure Equipment
2) By Mobile Communication Device: Smartphones, Feature Phones, Tablets and Mobile Hotspots, Wearable Devices
3) By Optical Communication Equipment: Optical Fiber and Cables, Optical Transceivers and Amplifiers, Optical Switches, Dense Wavelength Division Multiplexing (DWDM) Equipment

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Where Is the Telecom Equipment Market Growth Most Prominent?
North America was the largest region in the telecom equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telecom equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Telecom Equipment Global Market Report?

- Market Size Analysis: Analyze the Telecom Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Telecom Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Telecom Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Telecom Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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