Telecom Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global telecom market as it emerges from the COVID-19 shut down.
Reasons to Purchase
Where is the largest and fastest growing market for the telecom? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Telecom market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider telecom market, and compares it with other markets.
Markets Covered:
1) By Type: Wireless Telecommunication Carriers; Wired Telecommunication Carriers; Communications Hardware; Satellite & Telecommunication Resellers
2) By Application: Household; Commercial
Subsegments Covered: Cellular/Mobile Telephone Services; Wireless Internet Services; Broadband Internet Services; Fixed Telephony Services; Direct-To-Home(DTH) Services; General Communication Equipment; Broadcast Communications Equipment; Telecom Infrastructure Equipment; Satellite Telecommunications; Telecommunication Resellers; Other Satellite & Telecommunication Resellers
Companies Mentioned: AT&T; Apple; Verizon Communications Inc; China Mobile Ltd; Samsung
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, telecom indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Where is the largest and fastest growing market for the telecom? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Telecom market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider telecom market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The telecom market section of the report gives context. It compares the telecom market with other segments of the information technology market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, telecom indicators comparison.
Markets Covered:
1) By Type: Wireless Telecommunication Carriers; Wired Telecommunication Carriers; Communications Hardware; Satellite & Telecommunication Resellers
2) By Application: Household; Commercial
Subsegments Covered: Cellular/Mobile Telephone Services; Wireless Internet Services; Broadband Internet Services; Fixed Telephony Services; Direct-To-Home(DTH) Services; General Communication Equipment; Broadcast Communications Equipment; Telecom Infrastructure Equipment; Satellite Telecommunications; Telecommunication Resellers; Other Satellite & Telecommunication Resellers
Companies Mentioned: AT&T; Apple; Verizon Communications Inc; China Mobile Ltd; Samsung
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, telecom indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown
1. Executive Summary
2. Report Structure
3. Telecom Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Telecom Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Telecom Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Telecom Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Telecom Market Trends And Strategies
8. Impact Of COVID-19 On Telecom
9. Telecom Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Telecom Market Regional Analysis
10.1. Global Telecom Market, 2020, By Region, Value ($ Billion)
10.2. Global Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Telecom Market, Growth And Market Share Comparison, By Region
11. Telecom Market Segmentation
11.1. Global Telecom Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.1. Global Wireless Telecommunication Carriers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Cellular/Mobile Telephone Services; Wireless Internet Services
12.2. Global Wired Telecommunication Carriers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Broadband Internet Services; Fixed Telephony Services; Direct-To-Home(DTH) Services
12.3. Global Communications Hardware Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - General Communication Equipment; Broadcast Communications Equipment; Telecom Infrastructure Equipment
12.4. Global Satellite & Telecommunication Resellers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Satellite Telecommunications; Telecommunication Resellers; Other Satellite & Telecommunication Resellers
13. Telecom Market Metrics
13.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Telecom Market Expenditure, 2015-2025, Global
14. Asia-Pacific Telecom Market
14.1. Asia-Pacific Telecom Market Overview
14.3. Asia-Pacific, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
14.4. Asia-Pacific, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Telecom Market Metrics
14.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Asia-Pacific Countries
14.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Asia-Pacific Countries
14.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Asia-Pacific Countries
14.6. Asia-Pacific Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Asia-Pacific Telecom Market: Country Analysis
14.7.1. China Telecom Market
14.7.1.1. China Telecom Market Overview
14.7.1.2. China Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Australia Telecom Market
14.7.2.1. Australia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Hong Kong Telecom Market
14.7.3.1. Hong Kong Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. India Telecom Market
14.7.4.1. India Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. Indonesia Telecom Market
14.7.5.1. Indonesia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Japan Telecom Market
14.7.6.1. Japan Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Malaysia Telecom Market
14.7.7.1. Malaysia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. New Zealand Telecom Market
14.7.8.1. New Zealand Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Philippines Telecom Market
14.7.9.1. Philippines Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Singapore Telecom Market
14.7.10.1. Singapore Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. South Korea Telecom Market
14.7.11.1. South Korea Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Thailand Telecom Market
14.7.12.1. Thailand Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Vietnam Telecom Market
14.7.13.1. Vietnam Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15. Western Europe Telecom Market
15.1. Western Europe Telecom Market Overview
15.2. Western Europe, Telecom Market, 2020, By Country, Value ($ Billion)
15.3. Western Europe, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
15.4. Western Europe, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Telecom Market Metrics
15.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Western Europe Countries
15.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Western Europe Countries
15.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Western Europe Countries
15.6. Western Europe Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Western Europe Telecom Market: Country Analysis
15.7.1. Austria Telecom Market
15.7.1.1. Austria Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Belgium Telecom Market
15.7.2.1. Belgium Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Denmark Telecom Market
15.7.3.1. Denmark Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Finland Telecom Market
15.7.4.1. Finland Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5. France Telecom Market
15.7.5.1. France Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6. Germany Telecom Market
15.7.6.1. Germany Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.7. Ireland Telecom Market
15.7.7.1. Ireland Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.8. Italy Telecom Market
15.7.8.1. Italy Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.9. Netherlands Telecom Market
15.7.9.1. Netherlands Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.10. Norway Telecom Market
15.7.10.1. Norway Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.11. Portugal Telecom Market
15.7.11.1. Portugal Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.12. Spain Telecom Market
15.7.12.1. Spain Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.13. Sweden Telecom Market
15.7.13.1. Sweden Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.14. Switzerland Telecom Market
15.7.14.1. Switzerland Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15. UK Telecom Market
15.7.15.1. UK Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16. Eastern Europe Telecom Market
16.1. Eastern Europe Telecom Market Overview
16.2. Eastern Europe, Telecom Market, 2020, By Country, Value ($ Billion)
16.3. Eastern Europe, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
16.4. Eastern Europe, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Telecom Market Metrics
16.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Eastern Europe Countries
16.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Eastern Europe Countries
16.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Eastern Europe Countries
16.6. Eastern Europe Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. Eastern Europe Telecom Market: Country Analysis
16.7.1. Czech Republic Telecom Market,
16.7.1.1. Czech Republic Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Poland Telecom Market
16.7.2.1. Poland Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. Romania Telecom Market
16.7.3.1. Romania Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4. Russia Telecom Market
16.7.4.1. Russia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17. North America Telecom Market
17.1. North America Telecom Market Overview
17.2. North America, Telecom Market, 2020, By Country, Value ($ Billion)
17.3. North America, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
17.4. North America, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
17.5. North America, Telecom Market Metrics
17.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, North America Countries
17.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, North America Countries
17.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, North America Countries
17.6. North America Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. North America Telecom Market: Country Analysis
17.7.1. Canada Telecom Market
17.7.1.1. Canada Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Mexico Telecom Market
17.7.2.1. Mexico Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. USA Telecom Market
17.7.3.1. USA Telecom Market Overview
17.7.3.2. USA Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18. South America Telecom Market
18.1. South America Telecom Market Overview
18.2. South America, Telecom Market, 2020, By Country, Value ($ Billion)
18.3. South America, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
18.4. South America, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
18.5. South America, Telecom Market Metrics
18.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, South America Countries
18.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, South America Countries
18.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, South America Countries
18.6. South America Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. South America Telecom Market: Country Analysis
18.7.1. Argentina Telecom Market
18.7.1.1. Argentina Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Brazil Telecom Market
18.7.2.1. Brazil Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Chile Telecom Market
18.7.3.1. Chile Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. Colombia Telecom Market
18.7.4.1. Colombia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.5. Peru Telecom Market
18.7.5.1. Peru Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.6. Venezuela Telecom Market
18.7.6.1. Venezuela Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19. Middle East Telecom Market
19.1. Middle East Telecom Market Overview
19.2. Middle East, Telecom Market, 2020, By Country, Value ($ Billion)
19.3. Middle East, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
19.4. Middle East, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
19.5. Middle East, Telecom Market Metrics
19.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Middle East Countries
19.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Middle East Countries
19.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Middle East Countries
19.6. Middle East Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Middle East Telecom Market: Country Analysis
19.7.1. Saudi Arabia Telecom Market
19.7.1.1. Saudi Arabia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Israel Telecom Market
19.7.2.1. Israel Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. Turkey Telecom Market
19.7.3.1. Turkey Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.4. UAE Telecom Market
19.7.4.1. UAE Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20. Africa Telecom Market
20.1. Africa Telecom Market Overview
20.2. Africa, Telecom Market, 2020, By Country, Value ($ Billion)
20.3. Africa, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
20.4. Africa, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
20.5. Africa, Telecom Market Metrics
20.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Africa Countries
20.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Africa Countries
20.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Africa Countries
20.6. Africa Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7. Africa Telecom Market: Country Analysis
20.7.1. Egypt Telecom Market
20.7.1.1. Egypt Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.2. Nigeria Telecom Market
20.7.2.1. Nigeria Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.3. South Africa Telecom Market
20.7.3.1. South Africa Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
21. Telecom Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. AT&T
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Apple
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Verizon Communications Inc
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. China Mobile Ltd
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Samsung
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Telecom Market
23. Market Background: Information Technology Market
23.1. Information Technology Market Characteristics
23.2. Information Technology Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Information Technology Market, 2020, By Region, Value ($ Billion)
23.4. Global Information Technology Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
23.5. Global Information Technology Market, 2015-2020, 2020-2025F, 2030F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Telecom Market In 2025- Growth Countries
24.2. Global Telecom Market In 2025- Growth Segments
24.3. Global Telecom Market In 2025- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. The Publisher
26. Copyright And Disclaimer
2. Report Structure
3. Telecom Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Telecom Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Telecom Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Telecom Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Telecom Market Trends And Strategies
8. Impact Of COVID-19 On Telecom
9. Telecom Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Telecom Market Regional Analysis
10.1. Global Telecom Market, 2020, By Region, Value ($ Billion)
10.2. Global Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Telecom Market, Growth And Market Share Comparison, By Region
11. Telecom Market Segmentation
11.1. Global Telecom Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Wireless Telecommunication Carriers
- Wired Telecommunication Carriers
- Communications Hardware
- Satellite & Telecommunication Resellers
- Household
- Commercial
12.1. Global Wireless Telecommunication Carriers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Cellular/Mobile Telephone Services; Wireless Internet Services
12.2. Global Wired Telecommunication Carriers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Broadband Internet Services; Fixed Telephony Services; Direct-To-Home(DTH) Services
12.3. Global Communications Hardware Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - General Communication Equipment; Broadcast Communications Equipment; Telecom Infrastructure Equipment
12.4. Global Satellite & Telecommunication Resellers Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Satellite Telecommunications; Telecommunication Resellers; Other Satellite & Telecommunication Resellers
13. Telecom Market Metrics
13.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Telecom Market Expenditure, 2015-2025, Global
14. Asia-Pacific Telecom Market
14.1. Asia-Pacific Telecom Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.3. Asia-Pacific, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
14.4. Asia-Pacific, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Telecom Market Metrics
14.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Asia-Pacific Countries
14.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Asia-Pacific Countries
14.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Asia-Pacific Countries
14.6. Asia-Pacific Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Asia-Pacific Telecom Market: Country Analysis
14.7.1. China Telecom Market
14.7.1.1. China Telecom Market Overview
14.7.1.2. China Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Australia Telecom Market
14.7.2.1. Australia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Hong Kong Telecom Market
14.7.3.1. Hong Kong Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. India Telecom Market
14.7.4.1. India Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. Indonesia Telecom Market
14.7.5.1. Indonesia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Japan Telecom Market
14.7.6.1. Japan Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Malaysia Telecom Market
14.7.7.1. Malaysia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. New Zealand Telecom Market
14.7.8.1. New Zealand Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Philippines Telecom Market
14.7.9.1. Philippines Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Singapore Telecom Market
14.7.10.1. Singapore Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. South Korea Telecom Market
14.7.11.1. South Korea Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Thailand Telecom Market
14.7.12.1. Thailand Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Vietnam Telecom Market
14.7.13.1. Vietnam Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15. Western Europe Telecom Market
15.1. Western Europe Telecom Market Overview
15.2. Western Europe, Telecom Market, 2020, By Country, Value ($ Billion)
15.3. Western Europe, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
15.4. Western Europe, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Telecom Market Metrics
15.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Western Europe Countries
15.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Western Europe Countries
15.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Western Europe Countries
15.6. Western Europe Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Western Europe Telecom Market: Country Analysis
15.7.1. Austria Telecom Market
15.7.1.1. Austria Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Belgium Telecom Market
15.7.2.1. Belgium Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Denmark Telecom Market
15.7.3.1. Denmark Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Finland Telecom Market
15.7.4.1. Finland Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5. France Telecom Market
15.7.5.1. France Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6. Germany Telecom Market
15.7.6.1. Germany Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.7. Ireland Telecom Market
15.7.7.1. Ireland Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.8. Italy Telecom Market
15.7.8.1. Italy Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.9. Netherlands Telecom Market
15.7.9.1. Netherlands Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.10. Norway Telecom Market
15.7.10.1. Norway Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.11. Portugal Telecom Market
15.7.11.1. Portugal Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.12. Spain Telecom Market
15.7.12.1. Spain Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.13. Sweden Telecom Market
15.7.13.1. Sweden Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.14. Switzerland Telecom Market
15.7.14.1. Switzerland Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15. UK Telecom Market
15.7.15.1. UK Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16. Eastern Europe Telecom Market
16.1. Eastern Europe Telecom Market Overview
16.2. Eastern Europe, Telecom Market, 2020, By Country, Value ($ Billion)
16.3. Eastern Europe, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
16.4. Eastern Europe, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Telecom Market Metrics
16.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Eastern Europe Countries
16.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Eastern Europe Countries
16.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Eastern Europe Countries
16.6. Eastern Europe Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. Eastern Europe Telecom Market: Country Analysis
16.7.1. Czech Republic Telecom Market,
16.7.1.1. Czech Republic Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Poland Telecom Market
16.7.2.1. Poland Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. Romania Telecom Market
16.7.3.1. Romania Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4. Russia Telecom Market
16.7.4.1. Russia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17. North America Telecom Market
17.1. North America Telecom Market Overview
17.2. North America, Telecom Market, 2020, By Country, Value ($ Billion)
17.3. North America, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
17.4. North America, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
17.5. North America, Telecom Market Metrics
17.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, North America Countries
17.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, North America Countries
17.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, North America Countries
17.6. North America Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. North America Telecom Market: Country Analysis
17.7.1. Canada Telecom Market
17.7.1.1. Canada Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Mexico Telecom Market
17.7.2.1. Mexico Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. USA Telecom Market
17.7.3.1. USA Telecom Market Overview
17.7.3.2. USA Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18. South America Telecom Market
18.1. South America Telecom Market Overview
18.2. South America, Telecom Market, 2020, By Country, Value ($ Billion)
18.3. South America, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
18.4. South America, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
18.5. South America, Telecom Market Metrics
18.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, South America Countries
18.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, South America Countries
18.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, South America Countries
18.6. South America Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. South America Telecom Market: Country Analysis
18.7.1. Argentina Telecom Market
18.7.1.1. Argentina Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Brazil Telecom Market
18.7.2.1. Brazil Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Chile Telecom Market
18.7.3.1. Chile Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. Colombia Telecom Market
18.7.4.1. Colombia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.5. Peru Telecom Market
18.7.5.1. Peru Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.6. Venezuela Telecom Market
18.7.6.1. Venezuela Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19. Middle East Telecom Market
19.1. Middle East Telecom Market Overview
19.2. Middle East, Telecom Market, 2020, By Country, Value ($ Billion)
19.3. Middle East, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
19.4. Middle East, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
19.5. Middle East, Telecom Market Metrics
19.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Middle East Countries
19.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Middle East Countries
19.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Middle East Countries
19.6. Middle East Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Middle East Telecom Market: Country Analysis
19.7.1. Saudi Arabia Telecom Market
19.7.1.1. Saudi Arabia Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Israel Telecom Market
19.7.2.1. Israel Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. Turkey Telecom Market
19.7.3.1. Turkey Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.4. UAE Telecom Market
19.7.4.1. UAE Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20. Africa Telecom Market
20.1. Africa Telecom Market Overview
20.2. Africa, Telecom Market, 2020, By Country, Value ($ Billion)
20.3. Africa, Telecom Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Country
20.4. Africa, Telecom Market, 2015-2020, 2020-2025F, 2030F, Growth And Market Share Comparison, By Country
20.5. Africa, Telecom Market Metrics
20.5.1. Telecom Market Size, Percentage Of GDP, 2015-2025, Africa Countries
20.5.2. Number of Enterprises, Telecom Market, Telecom Market/Number of Enterprises, 2020, Africa Countries
20.5.3. Number of Employees, Telecom Market, Telecom Market/Number of Employees, 2020, Africa Countries
20.6. Africa Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7. Africa Telecom Market: Country Analysis
20.7.1. Egypt Telecom Market
20.7.1.1. Egypt Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.2. Nigeria Telecom Market
20.7.2.1. Nigeria Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.3. South Africa Telecom Market
20.7.3.1. South Africa Telecom Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
21. Telecom Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. AT&T
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Apple
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Verizon Communications Inc
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. China Mobile Ltd
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Samsung
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Telecom Market
23. Market Background: Information Technology Market
23.1. Information Technology Market Characteristics
23.2. Information Technology Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Information Technology Market, 2020, By Region, Value ($ Billion)
23.4. Global Information Technology Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
23.5. Global Information Technology Market, 2015-2020, 2020-2025F, 2030F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Telecom Market In 2025- Growth Countries
24.2. Global Telecom Market In 2025- Growth Segments
24.3. Global Telecom Market In 2025- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. The Publisher
26. Copyright And Disclaimer
Note: Product cover images may vary from those shown
Major companies in the telecom market include AT&T; Apple; Verizon Communications Inc; China Mobile Ltd and Samsung.
The global telecom market is expected to grow from $2555.45 billion in 2020 to $2713.53 billion in 2021 at a compound annual growth rate (CAGR) of 6.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3461.03 billion in 2025 at a CAGR of 6%.
The telecom market consists of sales of telecom goods and services by entities (organizations, sole traders and partnerships) that provide communication hardware equipment for the transmission of voice, data, text and video. The telecoms market also includes manufacturers’ sales of goods such as GPS equipment, cellular telephones and switching equipment. The telecom market is segmented into wireless telecommunication carriers; wired telecommunications carriers; communications hardware and satellite & telecommunication resellers.
Asia Pacific was the largest region in the global telecom market, accounting for 34% of the market in 2020. North America was the second largest region accounting for 32% of the global telecom market. Africa was the smallest region in the global telecom market.
Internet TV is gaining acceptance and being preferred by customers in developed and developing markets. The traditional pay-TV industry has been facing severe competition from online video streaming service providers. The low-cost video streaming service providers are threatening the pay-TV business model and forcing traditional pay-TV service providers to offer internet TV services to their subscribers. For example, in June 2018, AT&T, after its acquisition of Time Warner, announced a launch of a live TV streaming platform, WatchTV, which was a lower cost alternative to AT&T’s DirecTV Now.
The telecom industry involved in the provision of national networks across the world is increasingly targeted by hackers, exposing various security issues. The hackers’ main aim is to steal valuable information and use it in their own favor. Despite various measures taken by many national governments resorting to stricter regulatory norms for foreign hardware manufacturers, issues concerning national security continue to rise. The extreme cases of the surveillance include banning the Huawei Company by the USA, Australia, New Zealand, Canada and the UK governments to participate in the provision of 5G network hardware due to security concerns, which stemmed from the Chinese government's use of Huawei's products to spy on people around the world. Hence, these security issues leading to the ban of foreign manufacturers are expected to hinder the growth of the communications hardware in the forecast period, a major segment within the telecom market.
IoT technology adoption by manufacturing and transportation services companies is driving the telecom market in the forecast period. IoT is a network of physical objects such as devices, vehicles, buildings and other items which are embedded with electronics, software, sensors and network connectivity enable these objects to collect and exchange data. For instance, Microsoft and Rolls-Royce have announced a partnership centering on future Rolls-Royce intelligent engines, which will integrate Microsoft Suite into its service solutions to expand its digital capabilities. Smart Grid encompasses inter related technologies entering public use to manage electricity consumption. Thus, IoT technology adoption is expected to expand the demand for telecom services.
The global telecom market is expected to grow from $2555.45 billion in 2020 to $2713.53 billion in 2021 at a compound annual growth rate (CAGR) of 6.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3461.03 billion in 2025 at a CAGR of 6%.
The telecom market consists of sales of telecom goods and services by entities (organizations, sole traders and partnerships) that provide communication hardware equipment for the transmission of voice, data, text and video. The telecoms market also includes manufacturers’ sales of goods such as GPS equipment, cellular telephones and switching equipment. The telecom market is segmented into wireless telecommunication carriers; wired telecommunications carriers; communications hardware and satellite & telecommunication resellers.
Asia Pacific was the largest region in the global telecom market, accounting for 34% of the market in 2020. North America was the second largest region accounting for 32% of the global telecom market. Africa was the smallest region in the global telecom market.
Internet TV is gaining acceptance and being preferred by customers in developed and developing markets. The traditional pay-TV industry has been facing severe competition from online video streaming service providers. The low-cost video streaming service providers are threatening the pay-TV business model and forcing traditional pay-TV service providers to offer internet TV services to their subscribers. For example, in June 2018, AT&T, after its acquisition of Time Warner, announced a launch of a live TV streaming platform, WatchTV, which was a lower cost alternative to AT&T’s DirecTV Now.
The telecom industry involved in the provision of national networks across the world is increasingly targeted by hackers, exposing various security issues. The hackers’ main aim is to steal valuable information and use it in their own favor. Despite various measures taken by many national governments resorting to stricter regulatory norms for foreign hardware manufacturers, issues concerning national security continue to rise. The extreme cases of the surveillance include banning the Huawei Company by the USA, Australia, New Zealand, Canada and the UK governments to participate in the provision of 5G network hardware due to security concerns, which stemmed from the Chinese government's use of Huawei's products to spy on people around the world. Hence, these security issues leading to the ban of foreign manufacturers are expected to hinder the growth of the communications hardware in the forecast period, a major segment within the telecom market.
IoT technology adoption by manufacturing and transportation services companies is driving the telecom market in the forecast period. IoT is a network of physical objects such as devices, vehicles, buildings and other items which are embedded with electronics, software, sensors and network connectivity enable these objects to collect and exchange data. For instance, Microsoft and Rolls-Royce have announced a partnership centering on future Rolls-Royce intelligent engines, which will integrate Microsoft Suite into its service solutions to expand its digital capabilities. Smart Grid encompasses inter related technologies entering public use to manage electricity consumption. Thus, IoT technology adoption is expected to expand the demand for telecom services.
Note: Product cover images may vary from those shown
- AT&T
- Apple
- Verizon Communications Inc
- China Mobile Ltd
- Samsung
Note: Product cover images may vary from those shown
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