Global 5G In Defense Market

The 5G services market consists of sales of 5G and its related services. 5G is 5th generation services that evaluate networks to interconnect people, control machines, devices, and objects. 5G services will deliver the high levels of efficiency and performance that will empower to connect new industries and new user experience. 5G delivers the speed as high as 20 Gbps and is likely to refine a broad range of services in industries ranging from transportation to retail, education to entertainment, medical to an automotive and wide array of the internet of things (IoT). The 5G services market covered in this report is segmented by communication type into fixed wireless access (FWA), enhanced mobile broadband (eMBB), ultra-reliable and low latency communications (uRLLC), massive machine-type communications (mMTC); end-user into manufacturing, energy & utilities, media & entertainment, IT & telecom, transportation & logistics, healthcare. The global 5G services market is expected to grow from $69.39 billion in 2020 to $83.24 billion in 2021 at a compound annual growth rate (CAGR) of 20%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The 5G services market is expected to reach $188 billion in 2025 at a CAGR of 23%. Rising demand from the Internet of Things (IoT) is anticipated to contribute to higher demand for 5G services in order to deliver high performance and efficiency. According to the Federation of Indian Chambers of Commerce & Industry (FICCI), the global market revenue for the Internet of Things (IoT) is projected to reach $1.1 trillion by the end of 2025. The IoT connections across the globe are expected to increase from 7 billion in 2017 to 25 billion by 2025, growing at a CAGR of 17% during the forecast period. Therefore, growing demand for IoT and the requirement to connect smart devices with high-speed internet boost the revenue for the 5G services market over the forthcoming years. The high cost of 5G smartphones and related devices is expected to limit the growth of the 5G services market in the coming years. According to executives of leading companies such as Xiaomi, Samsung and OnePlus in January 2020, the price of 5G smartphone chipsets is twice as costly as the price of 4G smartphone chipsets. Consequently, expensive parts result in a high cost of production leading to higher prices of 5G smartphones. This scenario is anticipated to adversely impact the growth of the 5G Services market over the forecast period. The introduction of AI-powered services is a major trend shaping the growth of the 5G services market. The commercial usage of 5G services is expanding rapidly. The growth in the number of connections and cloud-based AR or VR is generating higher demand for 5G services with greater bandwidth, wide-coverage, and low latency networks. Huawei started applying AI to technical work and business processes to serve its customers and as of 2019, Huawei provided more than 5,80,000 cases of technical support on more than 1,700 networks across the globe. Therefore, the introduction of AI in 5G services in order to increase the accuracy and agileness is to act as a major trend for 5G services market. In April 2018, T-Mobile Inc., a mobile telecommunications company based in Germany announced the merger with the Sprint Corporation telecommunication company for an amount of $26.5 billion. The merger is expected to form a new company that would be well-positioned to provide a robust 5G wireless communication service network in order to compete with Verizon and AT&T. Sprint Corporation, founded in 1899, is an American telecommunications company based in Kansas, USA. Major players in the 5G services market are AT&T, Verizon Communications, Inc., China Mobile, Vodafone, Telstra, China Telecom, Deutsche Telecom, SK Telecom, Saudi Telecom Company, and T-Mobile USA Inc. The regions covered in the 5G services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 5G services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global 5G services market is segmented - 1) By Communication Type: Fixed Wireless Access (FWA), Enhanced Mobile Broadband (eMBB), Ultra-Reliable and Low Latency Communications (uRLLC), Massive Machine-Type Communications (mMTC) 2) By End-User: Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecom, Transportation & Logistics, Healthcare 3) By Vertical: Smart Cities, Smart Buildings, Connected Factories, Smart Utilities, Connected Healthcare, Connected Retail, Others

The cellular telephones market consists of sales of cellular telephone and related services for text messaging, voice calling and video calling. Cellular telephones also have advanced computing abilities such as wireless internet, third-party applications and mobile payment, solutions for information management such as documents, emails, and contacts, inbuilt GPS applications.

The laptops market consists of sales of laptops by entities (organizations, sole traders, and partnerships) that provide laptops which are portable and compact personal computers with the same capabilities as a desktop computer. Only goods and services traded between entities or sold to end consumers are included. Laptop computers, also known as notebooks, are small computers that users can use in a variety of environments. The global laptops market is expected to grow from $106.24 billion in 2020 to $115.88 billion in 2021 at a compound annual growth rate (CAGR) of 9.1%. 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 $149.02 billion in 2025 at a CAGR of 6.5%. The laptop market covered in this report is segmented by type into ultrabook; netbook; notebook; others. The growing internet penetration is expected to fuel the growth of the laptops market in the forecast period. Globally, the number of internet users is increasing by more than 8% annually and the average global internet user spends over 6 1/2 hours per day online. More than three quarters of the world's larger economies of internet users go online via desktops and laptops. In 2020, globally, there are more than 4.66 billion people who are using the Internet (about 60% of the world's overall population). Over the twelve months up to July 2020, over 346 million new users arrived online, leading to average growth of around 950,000 new users per day. Therefore, the growing internet penetration is expected to drive the growth of the laptops market during the period. The increasing demand for smartphones and tablets is expected to hamper the growth of the laptops market in the forecast period. Smartphones and tablets can now be the main computing devices, and the efficiency disparity between laptops and smartphones continue to grow as consumers update their smartphones more quickly than their laptop computers. Also, many smartphones are available today in the market which work more efficiently than a laptop. There was an approximate 4.3 billion smartphones which were in use worldwide by the end of 2017, which is thrice the number of laptops and is expected to continue to rise by 9% each year and reach 7.2 billion by 2023. Therefore, the increasing demand for smartphones is expected to restrain the growth of the laptops market during the period. Major companies operating in the laptop industry are focusing on developing advanced technological solutions for laptop. For instance, in June 2020, Lenovo, a China based computer manufacturing company launched Flex 5G laptop with Windows 10 at CES 2020 which is acclaimed to be the world’s first 5G laptop running on Windows 10. The laptop which is also called as Lenovo Yoga 5G, is powered by 8cx 5 G Snapdragon chipset from Qualcomm, and operates on Windows 10 Pro. It also consists 8GB of RAM and 256GB of on-board storage. In June 2018, Sharp Corporation, a Japan based company that designs and manufactures electronic products acquired Toshiba’s personal PC business for $36 million. This acquisition also includes the issuance of $1.8 billion in new shares by Sharp to buy back stock from banks. The acquisition will allow Sharp to access PC market but under the control of Foxconn which acquired Sharp in 2016. Toshiba is a Japanese multinational engineering and electronics conglomerate corporation. The major players covered in the global laptops market are Dell, The Hewlett-Packard Company, AsusTek Computer Inc., Apple Inc., Acer Inc., Lenovo Group Ltd., Microsoft Corporation., Micro-Star International Co. Ltd., Samsung Electronics Co. Ltd., Huawei Investment & Holding Co. Ltd., Haier Group Corporation, Hisense Group, Toshiba Corporation, Fujitsu Limited. The countries covered in the global laptops market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global laptops market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global laptops market is segmented - 1) By Type: Ultrabook, Netbook, Notebook, Others 2) By End-Use: Personal, Business, Gaming 3) By Laptop Screen Size: More than 17", 15.0" to 16.9", 13" to 14.9"

The 5G infrastructure equipment market comprises of revenue generated by the sales of 5G network hardware or network communication devices supporting 5G technology by establishments that design, build or develops these 5G network infrastructure. The 5G infrastructures include spectrum, macro-network, small cell, and other network domains. The global 5G infrastructure equipment market is expected grow from $3.46 billion in 2020 to $5.86 billion in 2021 at a compound annual growth rate (CAGR) of 69.4%. 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 $53.09 billion in 2025 at a CAGR of 73%. The 5G infrastructure equipment market covered in this report is segmented by communication infrastructure into small cell; macro cell; radio access network (RAN); distributed antenna system (DAS) and by network technology into software defined networking (SDN) and network function virtualization (VNFV); mobile edge computing (MEC); fog computing (FC). The 5G infrastructure equipment market covered in this report is segmented by communication infrastructure into small cell; macro cell; radio access network (RAN); distributed antenna system (DAS). It is also segmented by network technology into software defined networking (SDN); network function virtualization (NFV); mobile edge computing (MEC); fog computing (FC). The adoption of 5G for smart city networks is the primary factor contributing to the growth of the global 5G infrastructure market. The enhanced features of 5G network such as high speed, reduced or zero latency, wider bandwidth, uniform platform, larger number of connected devices, and extended battery life are powering the smart cities, thereby causing an urban revolution. Zero latency, for instance, enables the sensors and devices that power the city’s transportation and traffic system to automatically redirect traffic and also alert self-driving vehicle systems about the situations on the road. The advanced 5G capabilities such as enhanced security (instantaneous transfer of videos from the security cameras), instant response to emergency situations, and personalized healthcare are expected to bring increased digital inclusion to urban residents. From automated grocery purchase and delivery to complex management of a building’s infrastructure, 5G will enable people to adopt new standards of living. Due to all these enhanced features, the demand for 5G network is growing, and therefore, adoption of 5G for smart city networks is driving the market. Delay in standardization of spectrum allocation is challenging the growth of 5G infrastructure market. Large quantities of new radio spectrum have been allocated to 5G. 5G can be in low-band spectrum below 1 GHz, mid-band frequencies from 1 GHz to 6 GHz, or high-band spectrum above 6 GHz. The timely deployment of 5G is essential for achieving the objectives of telecom service providers, especially in emerging markets. However, there is a delay in spectrum auction and standardization across many countries. A key reason for the delay is the financial health of the service providers, which have been struggling to pay licensing fees and other penalties. Also because the unit pricing of the spectrum is high, few countries like India are taking time to raise as much money for the spectrum auction. Moreover, long-term investment in 5G is bound to further dent operators' finances. Therefore there is a delay in standardization of spectrum allocation. The delay in the use of spectrum for mobile broadband networks also comes at a significant cost. The Internet of Things (IoT) that has been transforming businesses and peoples’ lives is continuing to ignite new innovations. IoT represents one of the key growth opportunities for 5G telecommunication service providers. A number of factors, including increased demand from consumers and enterprises, and the availability of more affordable devices, are driving the adoption the Internet of Things (IoT) which in turn is expected to drive 5G infrastructures. 5G will be driven largely by IoT applications including remote healthcare, traffic safety and control, smart grid automation, industrial application and control, and remote manufacturing, training, surgery and education. Growth in IoT technology will drive significant operator investment in 5G technology, spectrum and infrastructure. On January 13, 2020 Samsung announced that it has completed the acquisition of TeleWorld Solutions. The Virginia-based telecommunications company provides wireless networking and consulting services. The deal will make TWS a wholly owned subsidiary of Samsung, allowing the brand to continue to offer its consulting services to existing clients. The acquisition of TWS will enable Samsung to meet mobile carriers’ growing needs for improving their 4G and 5G networks, and eventually create new opportunities to enhance their service capabilities to the customers. The major players covered in the global 5G infrastructure equipment market are AT&T, Verizon Communications, Corning, Fujikura Co., Hewlett Packard Enterprise, Beldon, Intel Corporations, Ericsson, Qualcomm Technologies, Huawei Technologies Co., Samsung Electronics, Cisco Systems Inc., NEC Corporation, Nokia Corporation. The countries covered in the global 5G infrastructure equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global 5G infrastructure equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global 5G infrastructure equipment market is segmented - 1) By Communication Infrastructure: Small Cell, Macro Cell, Radio Access Network (RAN), Distributed Antenna System (DAS) 2) By Network Technology: Software Defined Networking (SDN) and Network Function Virtualization (NFV), Mobile Edge Computing (MEC), Fog Computing (FC) 3) By Application: Energy & Utilities, Automotive, Healthcare, Retail, Others

The cellular or mobile telephone services market consists of sales of cellular or mobile telephone services by entities (organizations, sole traders, and partnerships) that provide radio communication between mobile and land stations, or between mobile stations, which can be classified into three groups: voice, SMS, and MMS. Only goods and services traded between entities or sold to end consumers are included. The global cellular/mobile telephone services market is expected to grow from $187.01 billion in 2020 to $192.74 billion in 2021 at a compound annual growth rate (CAGR) of 3.1%. 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 $250.46 billion in 2025 at a CAGR of 6.8%. The cellular or mobile telephone services market covered in this report is segmented by type into basic communication, value-added, by service into 3G services, 4G services, 5G services, by end-user into manufacturing, energy and utilities, media and entertainment, IT and telecom, transportation and logistics, healthcare. An increasing number of mobile subscribers is predicted to contribute to the growth of the cellular or mobile telephone services market over the forecast period. According to the Cisco Annual Internet Report, the number of mobile subscribers across the globe is expected to increase from 5.1 billion (66% of the population) in 2018 to 5.7 billion (71% of the population) by 2023. According to data released by the Telecom Regulatory Authority of India (TRAI) in October 2020, Reliance Jio became the first mobile service provider to cross the 40 crore customers in India with the addition of over 35 lakh subscribers in July 2020. Therefore, growing mobile phone subscribers are projected to increase the overall demand for cellular or mobile telephone services globally. During the forecast period, the high cost associated with value-added services is expected to limit the growth of the cellular or mobile telephone services market. For smartphone users keen on heavy streaming, mobile data does not always come cheap. The cost of a gigabyte of mobile data differs hugely between countries. For instance, UK-based price distinction website cable.co.uk released an extensive analysis of mobile data pricing across the globe in 2019 which focused on 6,313 data plans across 230 countries. As per the analysis, Zimbabwe is the most expensive country for data where a gigabyte averages $75.20. The average data cost is $12.02 in Canada and $12.38 in the USA. Furthermore, in Switzerland, the costs are more than $20. The mobile value-added services are some additional services offered to the customer by telecommunication operators at an additional charge, which are generally high and not affordable by common people subsequently affecting the revenues of cellular or mobile telephone services. The launch of the Fifth Generation (5G) networks is gaining popularity in the cellular or mobile telephone services market. The current fifth generation of mobile networks (5G) is a stimulant for the new industrial revolution because it offers much greater speed and bandwidth than previous networks along with low time for data travel or low latency. For instance, in February 2020, ETSI launched a new group for the fifth generation of Fixed Network (ETSI ISG F5G). The latest invention in cellular technology is Fifth-Generation (5G) networks, engineered to boost the speed of wireless networks. Using Fifth-Generation 5G networks, data is transmitted at the speed of 20 Gbps or more over wireless broadband connections exceeding speeds of other networks. 5G networks also provide a latency of 1 ms or lesser for uses that require real-time feedback. In January 2020, Samsung Group, a South Korea-based electronics company that sells mobile devices announced the acquisition of TeleWorld Solutions, Inc. for an undisclosed amount. With the acquisition of TeleWorld Solutions, Inc., Samsung is aiming to address end-to-end network support needs and accelerate 5G rollouts in the USA. TeleWorld Solutions, Inc. is a Virginia-based telecommunications provider of wireless networking and consulting services. The major players covered in the global cellular or mobile telephone services market are AT&T Inc., Verizon, Deutsche Telekom, Vodafone, China Mobile Limited, Nippon Telegraph and Telephone Corporation, SoftBank Corp, IBM, Cisco, Alcatel-Lucent, Juniper Networks, Tata, Nokia, Alibaba Group Holdings Limited, Gemalto N.V., Google Inc., KongZhong Corporation. The countries covered in the global cellular or mobile telephone services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global cellular or mobile telephone services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global cellular or mobile telephone services market is segmented - 1) By Type: Basic Communication, Value-Added 2) By Service: 3G Services, 4G Services, 5G Services 3) By End User: Manufacturing, Energy And Utilities, Media And Entertainment, IT And Telecom, Transportation And Logistics, Healthcare

The video conferencing market consists of sales of video conferencing software and its related services by entities (organizations, sole traders, and partnerships) that enable users in different locations to conduct face-to-face meetings without the necessity to move to one place together. Video conferencing increases performance, saves time, minimizes travel costs, and facilitates collaboration. Video conferencing allows the power to encourage all those benefits without the necessity for constant travel for face-to-face communication. The video conferencing market covered in this report is segmented by conference type into telepresence, integrated, desktop, service-based video conferencing system; by deployment into cloud, on-premises; by enterprise size into small and medium enterprises, large enterprises; by end-use into corporate, education, BFSI, media & entertainment, government & defense, others. The global video conferencing market is expected to decline from $7.87 billion in 2020 to $6.03 billion in 2021 at a compound annual growth rate (CAGR) of -23.35%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $8.67 billion in 2025 at a CAGR of 9.5%. The launch of 5G technology contributed to the growth of video conferencing market during the forecast period. 5G enhances video conferencing attributing to faster networks, higher frequency radio bands, and more reliable connections. The improved network speeds and bandwidth capacity can support top-quality calls in HD or even 3D without delay or other interruptions found in the busy 4G network. The development of 5G at reasonable rates has put remote work at the forefront of video conferencing. According to Ericsson’s network coverage report, 5G is expected to cover up to 65% of the world’s population by 2025. Increased network speed and capability with the launch of 5G technology to enable high-quality video conferences is projected to contribute to the growth of the video conferencing market. High costs associated with setting up video conferencing is predicted to limit the growth of the video conferencing market. For small-sized companies or enterprises, setting up video conferencing in the corporate sector may be a little costly. For instance, a 10-way audio conference (PSTN) with participants in the UK is charged at a rate of $0.87 per minute ($0.087 per call participant), or $52.20 per hour. For just one recurring meeting, the same call runs weekly would cost $2,714.40 in annual usage fees. Advanced features and functionality have increased costs, subsequently, restricting the growth of the video conferencing market. Gamification in video meetings is a leading trend gaining popularity in the video conferencing market. Video conferencing companies introducing gamification for corporate end-users in their video meetings to improve employee performance and drive productivity. Gamification includes components of game design, such as tasks, points, badges, and rewards in a non-game sense. Employers might split their workers into small groups and then using screen sharing and annotation functions, make them work on an activity remotely in a video conference. Moreover, few companies in the media and entertainment market are introducing gamification in their video meetings to attract a greater number of users and improve user experience. For instance, in August 2018, Facebook introduced new AR games to Messenger video chats. In September 2020, Dailpad, a US-based AI-powered cloud communication platform, acquired video conferencing company Highfive for an undisclosed amount. The acquisition is aimed to provide businesses with conference room solutions and bringing the ability to connect rooms, communicate with their meeting connector technology with other video services and support for legacy devices with their room connector. Highfive, a US-based company engaged in combining cloud-based software with the company’s proprietary in-room video conferencing hardware. The major players covered in the global video conferencing market are Cisco Systems Inc, Polycom, Adobe Systems, Microsoft Corporation, Vidyo Inc, Zoom Video Communication Inc, Logitech International S.A., Panasonic Corporation, ZTE Corporation, Huawei Technologies Co. Ltd., Avaya Inc., Lifesize Inc., Verizon Communucation, Alphabet, Fuze inc, Facebook Inc., Starleaf, Premiere Global Services Inc., ezTalks Technology Co. Ltd, Bharti Airtel, Reliance jio Infocomm Limited, Blue Jeans Network Inc, Array Telepresence Inc, West Corporation. The countries covered in the global video conferencing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. North America was the largest region in the video conferencing market in 2020. The regions covered in the global video conferencing market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global video conferencing market is segmented - 1) By Conference Type: Telepresence, Integrated, Desktop, Service-Based Video Conferencing System 2) By Deployment: Cloud, On-Premises 3) By Enterprise Size: Small And Medium Enterprises, Large Enterprises 4) By End-Use: Corporate, Education, BFSI, Media And Entertainment, Government And Defense, Others

The satellite and telecommunications resellers market consists of sales of satellite and telecommunications services by entities (organizations, sole traders and partnerships) that purchase access and network capacity from operators of telecommunications networks and resell these services to businesses and households. The satellite and telecommunications resellers market is segmented into satellite telecommunications; telecommunication resellers and other satellite & telecommunication resellers. The global satellite & telecommunication resellers market is expected to grow from $273.57 billion in 2020 to $282.58 billion in 2021 at a compound annual growth rate (CAGR) of 3.3%. 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 $370.63 billion in 2025 at a CAGR of 7%. Western Europe was the largest region in the global satellite & telecommunication resellers market, accounting for 35% of the market in 2020. Asia Pacific was the second largest region accounting for 32% of the global market. Africa was the smallest region in the global satellite & telecommunication resellers market. Governments around the world are increasingly investing in developing smart cities. The European Union is actively promoting smart city initiatives, with funds for research and sustainability targets for member states. The concept of smart cities is also rising in developing nations. In China and India alone, almost 300 smart city pilots are currently planned. These projects will require state-of-the-art telecoms networks. This will act as a major driver of the growth of the satellite and telecommunication resellers market going forward. Competition among internet service providers in developing countries to gain a major share of the market by offering low-cost internet is expected to restrain the revenue generation of the satellite and telecommunication resellers market in the forecast period. Price wars among internet service providers are negatively affecting the average revenue per user earned by telecoms providers. For example, Reliance Jio’s provision of affordable internet that helped the company gain a large customer base in a short period of time is expected to cause net losses of $147 million-$364 million for Vodafone and net losses of $11.8 million-$177 million for Bharti Airtel. The drop in the revenues generated per user due to price wars among telecoms providers in emerging economies will not be compensated by the size of the increase in user numbers and so is expected to restrain the growth of the telecoms market in the forecast period. The impact of digitization is driving the use of wireless technologies and equipment. Rising data traffic, growth in public WiFi and emerging 4G and 5G technologies are stimulating the growth of wireless equipment in developed and emerging countries. Also, many companies are shifting from traditional communications systems such as fixed line technologies to more advanced wireless and mobile technologies. For instance, according to a report by National Center for Health Statistics, 41% of the American households were wireless only by the end of 2013, thereby indicating a decrease in wireline usage. The countries covered in the global satellite & telecommunication resellers market are 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. The regions covered in the global satellite & telecommunication resellers market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The major players covered in the global satellite & telecommunication resellers market are AT&T, América Móvil (TracFone), Virgin Mobile, T-Mobile (MetroPCS), Ultra Mobile. The global satellite & telecommunication resellers market is segmented - 1) By Type: Telecommunication Resellers, Satellite Telecommunications, Other Satellite & Telecommunication Resellers 2) By End-Use: Residential, Commercial Subsegments Covered: Wireless Telecommunication Resellers, Wired Telecommunication Resellers

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. 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%. 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 market. Africa was the smallest region in the global 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 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. 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 countries covered in the global telecom market are 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. The regions covered in the global telecom market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The major players covered in the global telecom market are AT&T, Apple, Verizon Communications Inc, China Mobile Ltd, Samsung. The global telecom market is segmented - 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