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Telecommunication Market Opportunities as the Degree of Penetration of High Speed Broadband Services, 4G Services
On the other hand, stringent government policies can pose a roadblock to the market’s growth. However, the increasing deployment of intelligent transportation systems (ITS) is likely to fuel the demand for these services, nullifying the negative effects of these restraints.
The telecommunication market can be broadly segmented into internet service providers (ISP), telephones, satellites, and cable communication. On the basis of usage, entertainment, point-to-point communication, infotainment, news, internet-enabled services, and critical communication are the major categories.
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Global Telecommunication Market: Regional Outlook
Based on geography, the global telecommunication industry can be segmented into Asia Pacific, North America, Europe, and Rest of the World. The wireless and broadband markets in North America are showing healthy growth and are poised for further expansion.
The massive population base of Asian countries such as China and India is one of the key factors responsible for the growth of the telecommunication market in Asia Pacific.
China, being one of the largest mobile operators in the world, is likely to represent a significant portion of the market shares. Another important reason for China’s growth is its flourishing international trade. Japan is expected to become a prominent regional market as foreign investments build up.
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