Wired telecommunications carriers provide local and long-distance voice calling, sound and video transmission, cable TV and internet services over fixed-line networks. Companies in the wired telecommunications industry may own and maintain networks, share a network or lease a network from other companies.
The top five companies covered are AT&T, Comcast Corporation, China Telecom, BT Group and Verizon communications. AT&T was the largest company in the market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Wired telecommunications carriers Market Size
The global wired telecommunication carriers market was valued at around $330 billion in 2017. Western Europe was the largest region in the wired telecommunication carriers market in 2017, accounting for around 49% market share. USA was the largest country in the market in 2017, accounting for around 22% market share.
Wired telecommunications carriers Market Trend
Wired telecommunications companies are offering additional services to their consumers instead of limiting their service offerings to fixed line and DSL internet services. Companies are shifting towards a multi-function system by adding services such as internet broadband and television satellite connection in their offering. Thus, a consumer receiving internet and voice telephony is more likely to subscribe to IPTV, video on demand and pay television services.
ReportName Global Market Segmentation
Wired telecommunications carriers market is segmented into wired telephony services, wired broadband internet services and audio and video programming distribution.
Wired telephony services providers offer voice services through physical media such as wire or fiber optic cable instead of wireless transmission. These services are also referred to as landline or dedicated line services.
Wired broadband internet services businesses offer internet services through Digital Subscriber Line (DSL) and cable. DSL connections enable customers to place calls while surfing the internet and through a cable modem, users can access the internet over cable TV lines. Cable modems offer faster access to the internet than a DSL connection.
Audio and video programming distribution companies transmit audio and video content over a cable. Their services include cable television, direct-to-home satellite services and IPTV video.