Communications Hardware Market Expansion Continues, with Forecast Valuation of $953.41 Billion by 2029

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Communications Hardware Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a substantial enlargement in the communications hardware market. The market is expected to expand from $704.64 billion in 2024 to $744.72 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%. The historic growth can be accredited to improvements in technology, amplified connectivity, data traffic expansion, the surge in e-commerce and digital transformation.

How Will the Communications Hardware Market Size Evolve and Grow by 2029?
Anticipated robust expansion is predicted for the communications hardware market in the coming years. By 2029, it is expected to reach $953.41 billion with a compound annual growth rate (CAGR) of 6.4%. Factors contributing to this growth, projected for the forecast period, include security issues, the increase in remote and hybrid work models, governmental policies and initiatives, as well as environmental and sustainability factors. Significant trends for this forecast period are also included.

View the full report here:
https://www.thebusinessresearchcompany.com/report/communications-hardware-global-market-report

What Drivers Are Propelling the Growth of Communications Hardware Market Forward?
The expectation is that the communications hardware market will experience substantial growth due to increased investments in smart city initiatives worldwide. Technologies for smart cities utilize information and communication technologies to manage urban services like transportation systems, water resources and law enforcement operations effectively. These technologies use IoT, a system that combines computing, mechanical and digital devices to facilitate data transfer over a network without the need for human intervention and with minimal human to computer interaction. As smart cities incorporate communication equipment, it results in benefits for companies operating in this market. A prime example is the investment of €250 million by APG Algemene Pensioen Groep N.V. in the "Smart City Infrastructure Fund", aimed at fostering the development of smart city projects in North America, Europe, Australia, and other major urban areas worldwide. The smart city concept is also gaining popularity in developing countries, with over 1,000 smart city pilot projects either ready for or already being built, globally, with about 500 of these located in China.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=1984&type=smp

Which Emerging Trends Are Transforming the Communications Hardware Market in 2025?
Major players in the communications hardware market are concentrating their efforts on creating innovative solutions, including state-of-the-art communications hardware products with the aim of improving network performance, speed, and reliability. State-of-the-art communications hardware products encompass the most recent and highly advanced physical devices and equipment utilized for facilitating, transmitting, and managing communication signals and data. For example, in October 2023, HFCL Limited, a telecommunications company based in India, presented several of these advanced communication hardware devices. They debuted the country's first indigenous 5G Fixed Wireless Access (FWA) Customer Premise Equipment (CPE), produced to optimize broadband access. Along with this, they launched a set of IP/MPLS routers customized for 5G network backhauling and last-mile connectivity, and a 2 Gbps Unlicensed Band Radio (UBR) conceived to deliver high-speed, low-latency connections. HFCL also introduced a 1728-fibre Intermittently Bonded Ribbon (IBR) cable, specifically crafted for efficient application in 5G networks and data centers.

What Are the Key Segments in the Communications Hardware Market?
The communications hardwaremarket covered in this report is segmented -

1) By Type: General Communication Equipment, Broadcast Communications Equipment, Telecom Infrastructure Equipment
2) By Application: Military Use, Civil Use
3) By End-User: Telecom Operators, Internet Service Provider, Cable Operator, Personal User, Business And Government

Subsegments:
1) By General Communication Equipment: Networking Equipment (Routers, Switches), Modems, Wireless Communication Devices, Fiber Optic Equipment, Satellite Communication Equipment, Antennas And RF Components, Other General Communication Equipment
2) By Broadcast Communications Equipment: Transmitters And Receivers, Broadcast Antennas, Video And Audio Encoders Or Decoders, Studio Equipment, Satellite Broadcast Equipment, Other Broadcast Communications Equipment
3) By Telecom Infrastructure Equipment: Base Stations (Cell Towers), Fiber Optic Cables And Accessories, Telecom Routers And Switches, Telecom Towers And Poles, Signal Transmission Equipment, Small Cell And Distributed Antenna Systems (DAS), Other Telecom Infrastructure Equipment

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=1984&type=smp

Who Are the Key Players Shaping the Communications Hardware Market's Competitive Landscape?
Major companies operating in the communications hardware market include Apple Inc., Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd., AT&T Inc., Cisco Systems Inc., Xiaomi Corporation, Hon Hai Precision Industry Co. Ltd., Lenovo Group Limited, Foxconn Industrial Internet Co. Ltd., Motorola Solutions Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, ZTE Corporation, Juniper Networks Inc., Arris International Limited, CommScope Holding Company Inc., Extreme Networks Inc., Vocera Communications Inc., Viavi Solutions Inc., Impinj Inc., Harmonic Inc., EchoStar Corporation, Digi International Inc., Plantronics Inc., Infinera Corporation, Adtran Inc., Clearfield Inc., NETGEAR Inc., Cambium Networks Corporation, Aviat Networks Inc., Ribbon Communications Inc., Calix Inc., Casa Systems Inc., Sony Group Corporation.

What Geographic Markets Are Powering Growth in the Communications Hardware Market?
Asia-Pacific was the largest region in communications hardware market in 2024. Western Europe was the second largest region in communications hardware market. The regions covered in the communications hardware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=1984

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with 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.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.