Global Telecom Network Infrastructure Market Projected to Grow at 7.6% CAGR, Reaching $138 Billion by 2029

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What Will the Telecom Network Infrastructure Industry Market Size Be by 2025?
The consistent expansion of the telecom network infrastructure market in recent years has seen its projected size climb from $98.2 billion in 2024 to a greater sum of $102.93 billion by 2025, which represents a compound annual growth rate (CAGR) of 4.8%. This historical growth trend is largely due to factors such as the proliferation of mobile technology, widening internet access, the development of communication standards, the rise of cloud computing and data centers, as well as the advent of network virtualization and software-defined networking (SDN).

What's the Long-Term Growth Forecast for the Telecom Network Infrastructure Market Size Through 2029?
Anticipated robust growth in the foroming years is set to bolster the telecom network infrastructure market, propelling it to $138 billion by 2029 at a CAGR of 7.6%. The expansion projected in the forecast period can be correlated to the broadening reach and deployment of 5G, amplified edge computing, the growth of IoT and interconnected gadgets, concerns over network security, and the surge in cloud and data center expansion. Crucial trends underpinning this forecast period encompass the adoption of virtualization and software-defined networking (SDN), increasing uptake of edge computing, escalating IoT connectivity, an intensified focus on security and privacy, and cloud service augmentation.

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What Are the Key Growth Drivers Fueling the Telecom Network Infrastructure Market Expansion?
The anticipated surge in smartphone usage is projected to spur the expansion of the telecom network infrastructure market. The rate of smartphone penetration is an indicator marking mobile phone use within a country, specially referring to the percentage of SIM cards relative to the population. It's the telecom network infrastructure that enables wireless communication via mobile electronics like smartphones, tablets, or cell phones. As an example, as reported by Priori Data, a Berlin-based business specializing in mobile app data and intelligence, the current count of smartphone users stands at 4.88 billion as of August 2024, and it's anticipated to rise to 7.12 billion by the close of 2024. Consequently, the uptrend in smartphone usage is propelling the growth of the telecom network infrastructure market.

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What Are the Key Trends Driving Telecom Network Infrastructure Market Growth?
Key players in the telecom network infrastructure market are prioritizing advancements in technology, such as 5G network enhancement and incorporation of edge computing, to improve connectivity, minimize latency, and cater to the increasing requirement for data-centric applications across different sectors. A Managed Fibre Network (MFN) is a service where the service provider entirely manages the inception, deployment, and continuous management of a fibre optic network, thereby enabling businesses to enjoy high-speed connectivity without dealing with the technicalities or operations themselves. For example, in October 2024, EXA Infrastructure, a digital infrastructure provider based in the UK, introduced its MFN service to meet the growing need for better connectivity and quicker service delivery times. MFN offers the advantages of dark fibre and equipment ownership, such as the utmost layers of scalability at the most cost-effective unit economics, without undergoing the overheads of administration and technical and operational resourcing of internal delivery. EXA Infrastructure's MFN solution allows businesses to bridge network voids, link data centres and cable landing stations, and swiftly expand into markets in a hassle-free manner.

How Is the Telecom Network Infrastructure Market Segmented?
The telecom network infrastructuremarket 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

Subsegments:
1) By Product: Routers, Switches, Base Stations, Antennas, Network Cables, Fiber Optic Components
2) By Service: Network Design And Consulting, Installation And Integration Services, Maintenance And Support Services, Managed Services, Network Optimization Services

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Which Companies Are Leading the Charge in Telecom Network Infrastructure Market Innovation?
Major companies operating in the telecom network infrastructure market include Nokia Corporation Inc., Fujitsu Limited, Cisco Systems Inc., Ciena Corporation, CommScope Holding Company Inc., Huawei Technologies Co. Ltd., NEC Corporation, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Altiostar Networks Inc., Juniper Networks Inc., Telefonaktiebolaget LM Ericsson, Altran Technologies SA, Capgemini SE, Broadcom Inc., Intel Corp., ZTE Corporation, Affirmed Networks, Ascendis Communications, Cambium Networks

Which Regions Are Leading the Global Telecom Network Infrastructure Market in Revenue?
Asia-Pacific was the largest region in the telecom network infrastructure market in 2024. The regions covered in the telecom network infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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