3G Infrastructure Equipment Global Market To Reach Value Of About $31 Billion In 2025

19 Oct, 2021

The 3G infrastructure equipment market consists of the revenue generated by the sales of 3G infrastructure equipment by the company’s manufacturing the 3G infrastructure equipment. The 3G infrastructure equipment include switching equipment, transmission equipment, signaling equipment, private branch exchange phone system equipment, enterprise networking equipment, central office switching hardware, LAN modems, multi-user modems, and other data communications hardware such as bridges, routers, gateways, mobile devices and base stations.

Global 3G Infrastructure Equipment Market Size And Drivers:

The global 3G infrastructure equipment market is expected grow from $25.54 billion in 2020 to $26.59 billion in 2021 at a compound annual growth rate (CAGR) of 4.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while 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 $31.20 billion in 2025 at a CAGR of 4%. Growing number of mobile and wireless devices worldwide contributed to the growth of 3G infrastructure equipment market.

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Trends In The Global 3G Infrastructure Equipment Market

Growing number of mobile and wireless devices worldwide contributed to the growth of 3G infrastructure equipment market. Smartphone users increased from 2.5 billion in 2016 constituting 33.58% of the year's global population to 3.5 billion, making 45.04% of the world’s population in 2020. The total number of phone users, including smart and feature phones, reached 4.78 billion making 61.51% of world’s population in 2020. According to the IoT analytics research data, 22 billion devices had gotten connected to the internet worldwide by the end of 2018 and 22.2 billion devices worldwide are projected to be connected via WLAN worldwide by 2021. Increased usage of mobiles and dependence on internet therefore resulted in growing number of mobile and wireless devices worldwide driving the 3G infrastructure equipment market.

Global 3G Infrastructure Equipment Market Segments:
The global 3G infrastructure equipment market is further segmented –
By Type: Wireless Infrastructure, Wired Infrastructure
By Product: Public Switching Equipment, Analog Equipment, Digital Equipment, Transmission Equipment, Transmission Lines, Base Transceiver Stations, Multiplexers, Communication Satellites, Others (Customer Premises Equipment, Private Switches, Modems, Routers)
By End User: Consumer Electronics, BFSI, Defense, Media, Others
By Geography: The global 3G infrastructure equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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3G Infrastructure Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides 3G infrastructure equipment market overviews, analyzes and forecasts market size and growth for the global 3G infrastructure equipment market, 3G infrastructure equipment market share, 3G infrastructure equipment market players, 3G infrastructure equipment market segments and geographies, 3G infrastructure equipment market’s leading competitors’ revenues, profiles and market shares. The 3G infrastructure equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.