Global Telecom Equipment Market Research Report by Forecast to 2023
Global Telecom Equipment Market Research Report by Forecast to 2023
P a g e |1
Copyright Š 2017 Market Research Future.
Global Telecom Equipment Market Research Report by Forecast to 2023
VIEW REPORTS
SAMPLE REPORTS
P a g e |2
Copyright © 2017 Market Research Future.
Global Telecom Equipment Market Research Report by Forecast to 2023
Summary A recent study published by Market Research Future (MRFR) states that the worldwide telecom equipment market has been likely to grow at 10% CAGR over the forecast period of 2017-2023. The study further reports that the global telecom equipment market has been estimated to expand at USD 562 bn by the conclusion of the forecast period. The global telecom equipment market has been witnessing growth on account of the increasing wireless access point, fiber optics, and cellular station.
P a g e |3
Copyright Š 2017 Market Research Future.
Global Telecom Equipment Market Research Report by Forecast to 2023
Major Key Players: •
Huawei Technologies Co Ltd (China)
•
Alcatel Lucent S.A (France)
•
Ciena (US)
•
Cisco Systems, Inc (US)
•
Fujitsu Ltd (Japan)
•
Juniper Networks, Inc (US)
•
ZTE Corporation (China)
•
Ericsson (Sweden)
•
Qualcomm, Inc (US)
•
Motorola Solutions (US)
Segmentation: The worldwide telecom equipment market has been segmented based on infrastructure, end-users, and type. Based on infrastructure, the market has been segmented into wired framework and wireless framework. By end-user, the global telecom equipment market has been segmented into banking, consumer electronics, media, retail, ISP/mobile operators, government, and defense. By type, the worldwide telecom equipment market has been segmented into customer premise, public switching, and transmission. The customer premise segment has been sub-segmented into modems, local area networks, landline telephone, mobile phones, fax, answering machine, routers, and pagers. The
P a g e |4
Copyright © 2017 Market Research Future.
Global Telecom Equipment Market Research Report by Forecast to 2023 transmission segment has been sub-segmented into optical fiber cables, base transceiver station (BTS), local loops, communication satellites, and multiplexers. The public switching segment has been subsegmented into digital switching and analog switching. The customer premise segment represents the largest share of the global telecom equipment market.
Regional Analysis: On geographical basis, the worldwide telecom equipment market has been segmented based on four key regions such as Europe, North America, Asia Pacific (APAC), and the rest of the world. APAC represents the largest share in the global telecom equipment market which is equivalent to almost 40% of the entire market. The growth in this market is mostly attributed to the availability of cheap labor coupled with raw materials within the emerging countries such as China and India. Growing demand for efficient connectivity in several industrial regions collectively with the surging demand for improved telecommunication services in the distant localities of different underdeveloped areas are fueling the development of the market to a large extent. The second largest share in the worldwide telecom equipment market is held by North America. The region represents almost 30% share of the global telecom equipment market. Increased need for effective telecom solutions along with rapid adoption of progressive technology drives the market in the North America region.
P a g e |5
Copyright Š 2017 Market Research Future.
Global Telecom Equipment Market Research Report by Forecast to 2023
P a g e |6
Copyright Š 2017 Market Research Future.