Global Telecom System Integration Market to Reach $39.7 Billion by 2030
The global market for Telecom System Integration estimated at US$22.3 Billion in the year 2022, is projected to reach a revised size of US$39.7 Billion by 2030, growing at a CAGR of 7.5% over the analysis period 2022-2030. Cloud, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$18.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the On-Premises segment is readjusted to a revised 6.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $6.7 Billion, While China is Forecast to Grow at 6.9% CAGR
The Telecom System Integration market in the U.S. is estimated at US$6.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.8 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR.Select Competitors (Total 43 Featured) -
- Cognizant Technology Solutions Corporation
- DXC Technology
- Ericsson AB
- HCL Technologies Ltd.
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Infosys Ltd.
- Nokia Networks
- Stixis Technologies
- Syntel, Inc.
- Tech Mahindra Ltd.
- Wipro Ltd.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cognizant Technology Solutions Corporation
- DXC Technology
- Ericsson AB
- HCL Technologies Ltd.
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Infosys Ltd.
- Nokia Networks
- Stixis Technologies
- Syntel, Inc.
- Tech Mahindra Ltd.
- Wipro Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 22.3 Billion |
Forecasted Market Value ( USD | $ 39.7 Billion |
Compound Annual Growth Rate | 7.5% |
Regions Covered | Global |