The global telecom infrastructure market size is expected to grow from $76.80 billion in 2021 to $83.43 billion in 2022 at a compound annual growth rate (CAGR) of 8.6%. The growth in the market 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 telecom infrastructure market is expected to reach $112.15 billion in 2026 at a CAGR of 7.7%.
What is the Global Telecom Infrastructure Equipment Market?
The telecom infrastructure equipment market consists of sales of telecom infrastructure equipment and related services for the purpose of telecommunication across the globe. Telecom infrastructure equipment businesses produce wired telephone and data communications hardware. This market deals with equipment such as PBX, central office switching hardware, LAN modems, multi-user modems, and other data communications hardware such as bridges, routers, and gateways.
Get a Sample of the global telecom infrastructure equipment market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2804&type=smp
What drives the Global Telecom Infrastructure Equipment Market?
The increase in the popularity of IoT devices among the populace has led to a rise in demand for telecommunications infrastructure equipment. IoT is becoming popular as a greater number of people are using smart devices and are mostly working on their errands, office work, communication, sending/receiving messages using smart devices thus overwriting the traditional way. Telecom equipment manufacturers such as Cisco are already investing in the IoT industry to cater to the growing demand. According to a survey, the global IoT market grew by $212 billion in size in the end of 2019 and by 2025 it is forecasted to grow to $1.6 trillion. This rising adoption of IoT technologies is expected to drive the demand for telecom equipment globally.
Get the full global telecom infrastructure equipment industry report here:
https://www.thebusinessresearchcompany.com/report/telecom-infrastructure-equipment-global-market-report
Global Telecom Infrastructure Equipment Market Segments
The global telecom infrastructure equipment market is segmented:
By Product Type: Switching Equipment, Bridges, Gateways and Routers, Others
By Infrastructure: Wireless, Wired Infrastructure
By End-User: Telecom Operators, Enterprises
By Geography: The regions covered in the telecom infrastructure equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Telecom Infrastructure Equipment Global Market Report 2022provides market size and growth forecasts for the global telecom infrastructure equipment market, global telecom infrastructure equipment market share, telecom infrastructure equipment market segments and geographies, telecom infrastructure equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The telecom infrastructure equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Telecom Infrastructure Equipment Industry Playersinclude Huawei, Cisco Systems, Fujitsu, NEC corporation, Nokia, Ericsson, Qualcomm, ZTE, Corning, Motorola solutions, Juniper networks, Ciena corporation, Alcatel-Lucent, Alvarion, ECI Telecom, GTL Infra, HFCL Infotel Ltd, Native Networks, NELCO, Nortel and Tellabs. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
