Telecommunications Services Trends and Forecast
The future of the global telecommunications services market looks promising with opportunities in the consumer and business markets. The global telecommunications services market is expected to reach an estimated $2,856.76 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increased mobile data traffic and fiber deployment required for connectivity.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Telecommunications Services by Segment
The study includes a forecast for the global telecommunications services by service type, transmission, end use industry, and region.Telecommunications Services Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:
- Mobile Data Services
- Fixed Internet Access Services
- Mobile Voice Services
- Fixed Voice Services
- Pay-TV Services
- Mobile Messaging
Telecommunications Services Market by Transmission [Shipment Analysis by Value from 2018 to 2030]:
- Wireless
- Wireline
Telecommunications Services Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
- Consumer
- Business
Telecommunications Services Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Telecommunications Services Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies telecommunications services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the telecommunications services companies profiled in this report include-- Alcatel Lucent
- AT&T
- Bharti Airtel
- Cisco Systems
- China Mobile
- Deutsche Telekom
- International Business Machine
- Juniper Network
- KT
- Nippon Telegraph And Telephone
Telecommunications Services Market Insights
The publisher forecasts that mobile data services is expected to witness highest growth over the forecast period due to rowing number of smart phone users.Within this market, consumer will remain the larger segment due to remote working and growing need for wide and strong connectivity.
North America is expected to witness highest growth over the forecast period due to high demand from businesses for on-demand services, real-time user contact, and storage management.
Features of the Global Telecommunications Services Market
- Market Size Estimates: Telecommunications services market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Telecommunications services market size by service type, transmission, end use industry, and region in terms of value ($B).
- Regional Analysis: Telecommunications services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different service type, transmission, end use industry, and regions for the telecommunications services market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the telecommunications services market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the telecommunications services market size?Answer: The global telecommunications services market is expected to reach an estimated $2,856.76 billion by 2030.
Q.2 What is the growth forecast for telecommunications services market?
Answer: The global telecommunications services market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the telecommunications services market?
Answer: The major drivers for this market are increased mobile data traffic and fiber deployment required for connectivity.
Q4. What are the major segments for telecommunications services market?
Answer: The future of the telecommunications services market looks promising with opportunities in the consumer and business markets.
Q5. Who are the key telecommunications services market companies?
Answer: Some of the key telecommunications services companies are as follows:
- Alcatel Lucent
- AT&T
- Bharti Airtel
- Cisco Systems
- China Mobile
- Deutsche Telekom
- International Business Machine
- Juniper Network
- KT
- Nippon Telegraph And Telephone
Answer: The publisher forecasts that mobile data services is expected to witness highest growth over the forecast period due to rowing number of smart phone users.
Q7. In telecommunications services market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to high demand from businesses for on-demand services, real-time user contact, and storage management.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the telecommunications services market by service type (mobile data services, fixed internet access services, mobile voice services, fixed voice services, pay-TV services, and mobile messaging), transmission (wireless and wireline), end use industry (consumer and business), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Telecommunications Services Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alcatel Lucent
- AT&T
- Bharti Airtel
- Cisco Systems
- China Mobile
- Deutsche Telekom
- International Business Machine
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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