Rich Communication Services Global Market Report 2023 – By Deployment Type (On Premise, Cloud), By Enterprise Size (Small And Medium Enteprises, Large Enterprises), By Application Type (Rich Calls And Messaging, Content Delivery (Content Sharing, File Transfer), Value Added Services, Marketing And Advertising Campaign, Cloud Storage), By Industry Vertical Type (Healthcare, Retail And E commerce, BFSI, IT And Telecom, Travel And Tourism, Other Industry Vertical Types) – Market Size, Trends, And Global Forecast 2023-2032

Web real-time communication (WebRTC) is an open-source project developed to embed real-time video, voice, confessing, messaging, and other capabilities through JavaScript APIs within web browsers. It provides browser-to-browser communications without the need for additional plugins/utilities. The web real-time communication is used for real-time data transfer for communications without the need for a custom interface, special software, and extra plugins for integration. The main components of web real-time communication are solution and service. Solution refers to developing real-time communication for various firms for easy digital interaction. Web real-time communication solution offers voice calling, video calling, conferencing, messaging, file sharing, and others within the organizations. The web real-time communication-enabled devices are mobile, desktop, and tablet. These communication software solutions or services can be deployed on the cloud or on-premise. It is used by small, medium, and large-scale enterprises in information technology (IT) and telecom, banking, financial services, and insurance (BFSI), government and defense, healthcare, retail, media and entertainment and others. The global web real time communication market is segmented - 1) By Component: Solution, Service 2) By Web RTC-Enabled Devices: Mobile, Desktop, Tablet, Other Web RTC-Enabled Devices 3) By Deployment Type: Cloud, On-Premise 4) By Enterprise Size: Small and Medium Scale Enterprises (SMEs), Large Enterprises 5) By Application: Information Technology (IT) and Telecom, Banking, Financial Services and Insurance (BFSI), Government and Defense, Healthcare, Retail, Media and Entertainment, Other Applications The global web real-time communication market size will grow from $6.06 billion in 2022 to $8.85 billion in 2023 at a compound annual growth rate (CAGR) of 46.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the web real-time communication is expected to grow to $39.84 billion in 2027 at a CAGR of 45.7%. The growing popularity of BYOD will propel the web real-time communication market growth. BYOD is when employees connect to the organization's network and access what they need to complete their tasks using their personal devices, such as smartphones, tablets, computers, laptops, and others. BYOD is aided by web real-time communication as it links browser-to-browser without additional plugins/utilities. According to Cisco, an IT and networking company, 89% of IT departments enable BYOD in some form, and 69% of IT leaders are positive about BYOD. Therefore, the growing adoption of BYOD policies in companies is driving the web real-time communication market growth. Major players in the web real-time communication market are Avaya Inc., CafeX Communications Inc., Cisco Systems Inc., Dialogic Corporation, Google LLC, Oracle, Plivo Inc., Mitel Networks Corp., Ribbon Communications Operating Company Inc., Quobis, Sangoma, Vonage America LLC, Tokbox Inc., TWILIO Inc., International Business Machines Corporation, Temasys Communications Pte Ltd., Apple Inc., and Microsoft. New product innovation is the key trend that is gaining popularity in the web real-time communication market. Major companies operating in the web real-time communication market are focused on research and development for product innovations that could give better solutions to customers and strengthen their position in the market. For instance, in November 2020, Ribbon Communications Operating Company Inc., a US-based company operating in web real-time communication, launched a new Work@Home solution based on cloud computing, to address the telecommuting wave for remote working in partnership with UnifiedCommunications.com. The Work@Home solution provides offices with remote working capabilities that include video, screen sharing, chat, and other features. UnifiedCommunications.com is a US-based company operating in web real-time communication. In January 2020, Enghouse Systems Limited, a Canada-based Software Company operating in various verticals, including web real-time communication, acquired Dialogic Corporation for $52.0 million. With this acquisition, Enghouse Systems Limited aims to strengthen its multi-media processing product portfolio and gain a market advantage in the enterprise video and unified communications market. Dialogic Corporation is a US-based Company operating in web real-time communication. North America was the largest region in the web real-time communication market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the web real-time communication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the web real-time communication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The web real-time communication market consists of revenues earned by entities by providing peer to peer, multipoint conferencing units (MCUs) and selective forwarding units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The web real-time communication market research report is one of a series of new reports from The Business Research Company that provides web real-time communication market statistics, including web real-time communication industry global market size, regional shares, competitors with an web real-time communication market share, detailed web real-time communication market segments, market trends and opportunities, and any further data you may need to thrive in the web real-time communication industry. This web real-time communication market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Social media is a computer-based technology that makes it possible to share concepts, ideas, and knowledge through online groups and networks. The main types of social media are social media advertisement and social media subscription. Social media advertising is a type of digital advertising which uses social media platforms including Twitter, LinkedIn, Instagram, Facebook, and Pinterest to provide sponsored adverts to the target audience. The different services include social networking, microblogging and instant messaging, photo sharing networks and is used by various sectors such as retail and wholesale, transportation manufacturing, food and beverages, financial services, information technology, electrical and electronics manufacturing, media and recreation, transportation services, healthcare, others. The global social media market is segmented - 1) By Type: Social Media Advertisement, Social Media Subscription 2) By Service: Social Networking, Micro Blogging and Instant Messaging, Photo Sharing Networks 3) By End-User Industry: Retail and Wholesale, Transportation Manufacturing, Food and Beverages, Financial Services, Information Technology, Electrical And Electronics Manufacturing, Media and Recreation, Transportation Services, Healthcare, Other End-User Industries The global social media market grew from $193.52 billion in 2022 to $231.1 billion in 2023 at a compound annual growth rate (CAGR) of 19.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The social media market is expected to grow to $434.87 billion in 2027 at a CAGR of 17.1%. Rising penetration of mobile, tablet, and other electronics and rising data consumption will drive the social media market. An increase in sales of internet-accessible electronic devices such as smartphones and tablets lead to an increase in time spent on social media websites. For example, the total number of smartphone devices across the world reached 6 billion in 2020, that is eight people out of 10 owned a smartphone in 2020, eventually driving the revenues of social media companies. This increasing use of smartphones is expected to increase internet usage, hence driving the social media market. Major companies in the social media market include Facebook, Youtube, Instagram, Twitter, and LinkedIn. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on some of the social media markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the social media market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Social media companies are offering their social media platforms for electronic commerce of goods and services to drive revenues. This can be attributed to the increasing adoption of e-commerce and online shopping among consumers owing to the growing internet and smartphone penetration. For instance, according to e-commerce information source Internet Retailer data 2020, U.S. e-commerce sales, increasing due to the COVID-19 pandemic, grew 44% and represented more than 21% of total retail sales. Social media platforms allow for targeted advertising based on consumers’ social behaviors, geographic locations, and demographics. Instagram, a photo and video-sharing social networking service, has added a ‘Shopping’ tab to the ‘Explore’ page in its app. According to an Instagram for Business survey data 2022, 44% of people use Instagram weekly to shop using features including the Shop tag. Other social media companies such as Snapchat and Twitter have also integrated shopping advertisements to facilitate direct purchases within their platforms. Asia-Pacific was the largest region in the social media market in 2022. Africa is expected to be the fastest growing region in the forecast period. The regions covered in the social media report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the social media market report 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 social media market includes revenues earned by entities by providing services that enables customers to interact, create and share content and information. Social media enables users to share pictures, video and audio files. This market includes revenues from sales from advertisement and other services offered on social media platforms. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The social media market research report is one of a series of new reports from The Business Research Company that provides social media market statistics, including social media industry global market size, regional shares, competitors with a social media market share, detailed social media market segments, social media market trends and opportunities, and any further data you may need to thrive in the social media industry. This social media market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The cellular/mobile telephone service refers to transmitting voice or non-voice messages over licensee's network in real-time only. The main types of cellular or mobile telephone services are basic communication and value-added. A basic communication services is retail telecommunications service that has a voice grade or equivalent transmission parameters and tone-dialing capability and provides with local exchange calling. The services provided includes 3G services, 4G services and 5G services and are used in manufacturing, energy and utilities, media and entertainment, IT and telecom, transportation and logistics and healthcare. 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 global cellular/mobile telephone services market size will grow from $213.15 billion in 2022 to $226.12 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global cellular/mobile telephone services is expected to grow to $281.03 billion in 2027 at a CAGR of 5.6%. 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 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 growth of the cellular or mobile telephone services market. Major players in the 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. and KongZhong Corporation. 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 analysis of 5 most expensive countries with average cost of 1GB of mobile data in 2022 that included Saint Helena at $41.06, the Falkland Islands at $38.45, São Tomé and Príncipe at $29.49, Tokelau at $17.88 and Yemen at $16.58 respectively. 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. Asia-Pacific was the largest region in the cellular or mobile telephone services market in 2022. North America was the second largest region of the global cellular or mobile telephone services market share. The regions covered in the global cellular or mobile telephone services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the cellular or mobile telephone services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The cellular or mobile telephone services market includes revenues earned by providing cellular or mobile telephone services market by entities that provide radio communication between mobile and land stations, or between mobile stations, which can be classified into three groups: voice, SMS and MMS. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cellular or mobile telephone services market research report is one of a series of new reports from The Business Research Company that provides cellular or mobile telephone services market statistics, including cellular or mobile telephone services industry global market size, regional shares, competitors with a cellular or mobile telephone services market share, detailed cellular or mobile telephone services market segments, market trends and opportunities, and any further data you may need to thrive in the cellular or mobile telephone services industry. This cellular or mobile telephone services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A cellular telephone is a telecommunications system in which a portable or mobile radio transmitter and receiver are linked through microwave radio frequencies to base stations that connect the user to a regular telephone network. The main product types of cellular telephones are smartphone and feature phones. Smartphones are advanced cellular phones with more functions similar to computer such as touchscreen surface, internet access, and operating system. The cellular telephone are used by various age-groups such as 18 years old, 18-45 years old, 45-60 years old, above 60 years old and it is distributed through OEM, retailer and e-commerce. The global cellular telephones market is segmented - 1) By Product Type: Smartphone, Feature Phone 2) By Age-Group: Under 18 Years Old, 18-45 Years Old, 45-60 Years Old, Above 60 Years Old 3) By Distribution channel: OEM, Retailer, E-commerce The global cellular telephones market size will grow from $399.85 billion in 2022 to $439.15 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global cellular telephones is expected to grow to $623.23 billion in 2027 at a CAGR of 9.1%. Increase in disposable income is driving the cellular telephones market. Cellular telephones have now become a necessity in every household owing to advantages such as connectivity, productivity applications, entertainment and education and with increasing disposable income, individuals are increasingly buying smartphones. For instance, according to TRADING ECONOMICS, a US-based provider of economic indicators and financials, In the United States, disposable personal income increased from 18700.30 USD in August to 18771.60 USD in September of 2022. Rise in disposable income coupled with affordability increased the purchasing power of the individuals and in turn propelled the growth of the cellular telephones market. Major players in the cellular telephones market are Samsung Electronics Co. Ltd., Apple, Huawei, LG Electronics, Lenovo, Xiaomi, OPPO, Vivo, Motorola Mobility Holdings Inc, TCL Corporation, Research In Motion Limited, Sony Mobile Communications Inc., ZTE Corporation, Nokia, HTC Corporation, Others, Xiaomi, Gionee, LeEco/Coolpad, Micromax Informatics Ltd., and Ericsson. Uncertainty about government stabilities and policies affect imports of the raw materials required for manufacturing cellular telephone, creating a negative impact on the market. Uncertainties about government policies brought about by cancellation of trade agreements cause companies to decrease their import volumes to keep expenditures at the levels of previous years or to increase prices of finished products due to increased costs. For instance, the withdrawal of the USA from the Trans-Pacific Partnership (TPP) trade deal and the $250 billion tariffs on imported products from China by the US government affected the consumers and households indirectly thereby, hindering the growth of the cellular telephones market. Companies in the cellular telephones market are introducing technological advancements in processors that give the best customer experience. The smartphones are incorporated with 7nm (nanometer) processors that increase the speed of the device and have improved power efficiency and some are expected to support 5G technology as well. For instance, in 2021, Samsung launched their Galaxy F62 smartphones with 7nm Exynos 9825 processors to provide fast performance and power efficiency to young Gen Z and millennial customers. Asia-Pacific was the largest region in the cellular telephones market in 2022. Western Europe was the second largest region in the global cellular telephones market share. The regions covered in the global cellular telephones market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the cellular telephones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The cellular telephones market consists of sales of equipment such as cellular telephones, which use radio waves over a networked area (cells) and is served through a cell site or base station at a fixed location, enabling calls to transmit wirelessly over a wide range, to a fixed landline or via the internet. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The cellular telephones market research report is one of a series of new reports from The Business Research Company that provides cellular telephones market statistics, including cellular telephones industry global market size, regional shares, competitors with a cellular telephones market share, detailed cellular telephones market segments, market trends and opportunities, and any further data you may need to thrive in the cellular telephones industry. This cellular telephones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Broadcast communication equipment refers to hardware used in a communication network that uses broadcasting for inter-node communication. Products made by these establishments include transmitting and receiving antennas, cable television equipment, GPS equipment, cellular phones, and more. The main product types of broadcast communication equipment are transmitting antennas, GPS equipment, transceivers, satellite communications equipment, and others. A transceiver is a transmitter/receiver that come in one package. The primary function of this electronic device is to transmit and receive various signals. The various technologies used are analog broadcasting and digital broadcasting, which are used for both military and civilian applications. The global broadcast communications equipment market is segmented – 1) By Product Type: Transmitting Antennas, GPS Equipment, Transceivers, Satellite Communications Equipment, Other 2) By Application: Military, Civilian 3) By Technology: Analog Broadcasting, Digital Broadcasting The global broadcast communications equipment market size will grow from $553.35 billion in 2022 to $604.72 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of broadcast communications equipment is expected to grow from $844.28 billion in 2027 at a CAGR of 8.7%. Increase in disposable income is driving the broadcast communication equipment market. The disposable income is the total amount of household income available to spend and save after paying income tax. The increase in disposable income increases the probability of consumers spending on entertainment and mobile communications, which leads to an increase in the sales of mobile communications such as cell phones. Cellular telephone is a broadcast communication equipment device, and the market has largely benefited from increased sales of cellular telephones. Cellular telephones have now become a necessity in every household owing to advantages such as connectivity, productivity applications, entertainment and education and with increasing disposable income, individuals are increasingly buying smartphones, boosting the broadcast communication equipment market. For instance, in India, the per capita net disposable income increased to 1829.62 during 2019-2020 from $1712.51 during the previous year showing a rise of 6.8%. Rise in disposable income coupled with affordability increased purchasing power of the individuals and in turn propelled the market for cellular telephone, driving the broadcast communication equipment market. Major players in the broadcast communication equipment market are Ericsson AB, Harris Corporation, Motorola Solutions, Lockheed Martin Corporation, The Boeing Company, Raytheon Company, L-3 Communications Corporation, ITT Corporation, Datapath Inc., and AT&T Corporation. A security threat such as hacking of GPS tracking application is a major challenge in the broadcast communication equipment market. GPS is a broadcast communication equipment device, used to determine an object's ground location. Hackers can tamper GPS signals and exploit the vehicles. The signals could possibly be jammed during the transmission. The vulnerability of GPS system will allow a hacker to track thousands of vehicle positions and even switch off the engines. For instance, in July 2022, according to the cyber-security firm BitSight, the ""MiCODUS"" GPS tracker contains serious flaws. It is estimated that 1.5 million MiCODUS devices are currently in use by private citizens, businesses, and governmental organisations, armies, and law enforcement in 169 countries. A vehicle belonging to a civilian may have its fuel supply cut off by an attacker, who would then use ransomware to lock the vehicle and demand payment to unlock it. It is simple to miss the fact that GPS tracking devices like these can significantly raise cyber risk if they are not created with security in mind given the rapid development in the adoption of mobile devices and the desire for our society to be more connected. Adoption of internet television is an emerging trend in the broadcast communication equipment market. Customers in developed markets are adopting and showing signs of preferring internet TV. Internet TV, in general, is content distributed over the internet. Wireless service providers are offering online video streaming services and internet TV to compete with traditional pay-TV providers. These services are being offered to increase their subscriber base and revenues. For example, in the U.S, approximately 147.5 million people have adopted internet television to watch Netflix at least once a month, followed by Amazon Prime Video (88.7 million), Hulu (55 million), HBO Now (17.1 million) and Dish’s Sling TV (6.8 million). In August 2022, Motorola Solutions, a US-based telecommunications equipment company, acquired Barrett Communications for an undisclosed amount. The acquisition broadens Motorola Solutions' portfolio and increases its market reach internationally, reiterating its dedication to innovation and leadership in mission-critical communications. Barrett Communications is an Australia-based manufacturer of commercial high frequency, tactical HF and very high frequency communications equipment. Asia-Pacific was the largest region in the broadcast communications equipment market in 2022. The regions covered in the broadcast communications equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the broadcast communication equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The broadcast communication equipment market consists of sales of mobile communications hardware, radio and television studios, and broadcasting hardware. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The broadcast communications equipment market research report is one of a series of new reports from The Business Research Company that provides broadcast communications equipment market statistics, including broadcast communications equipment industry global market size, regional shares, competitors with a broadcast communications equipment market share, detailed broadcast communications equipment market segments, market trends and opportunities, and any further data you may need to thrive in the broadcast communications equipment industry. This broadcast communications equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The broadcast and media technology refer to a variety of communication systems that entail transferring data across long distances utilizing electronic and electromagnetic approaches. Radio and television broadcasting technology, satellite broadcasting technology, digital cable and satellite television technology, digital terrestrial television, and satellite television technologies are examples of broadcast and media technology. The various solutions in broadcast and media technology include web content management, content storage solutions, editorial, and print workflows, media/digital asset management, revenue management, ad and data management, and user management. Web content management is a software used to manage content, allowing multiple contributors to create, edit, and publish. The hosting models in the broadcast and media technology include integrated and standalone. The end users of broadcast and media technology include broadcasters, distributors, OTT, and IPTV. The global broadcast and media technology market is segmented - 1) By Solution Type: Web Content Management, Content Storage Solutions, Editorial and Print Workflow, Media/Digital Asset Management, Revenue Management, Ad and Data Management, User management 2) By Hosting Model Type: Integrated, Standalone 3) By End User Type: Broadcasters, Distributors, OTT, IPTV The global broadcast and media technology market size will grow from $48.28 billion in 2022 to $53.44 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the broadcast and media technology is expected to grow to $79.86 billion in 2027 at a CAGR of 10.6%. A rise in access to media and video streaming is contributing to the growth of the broadcast and media technology market. Streaming media is the process of delivering multimedia data (such as video or audio) from a streaming service provider to an end-user. Streaming media uses HTTP, TCP/IP, and HTML protocols to deliver audio and video elements. For instance, in April 2022, according to a survey by the State of Play report by Nielsen Holdings Inc., a US-based data, information, and market measurement firm, between February 2021 and February 2022, there was a double-digit growth of 18% in Americans' average weekly time viewing a video. The total amount of streamed minutes increased from 143.2 billion to 169.4 billion. Over the last few years, viewers have increased the number of services they subscribe to and pay for. According to the survey, 58% of people who pay for video subscriptions do so for three or more streaming services, up from 32% in 2019. Such an increase in consumption of media and video streaming will propel the broadcast and media technology market growth. Major players in the broadcast and media technology market are Evertz Technologies Limited, IBM Corporation, Quantum Corporation, ROHDE & SCHWARZ GmbH & Co. KG, Dell Inc., (EMC Corporation), Grass Valley, AVI Systems, Video Stream Networks S.L., WideOrbit Inc., Harmonic Inc., Eletec Broadcast Telecom S.A.R.L, Clyde Broadcast, Sencore, EVS Broadcast Equipment, and ACORDE Technologies S.A. Technological advancement is a key trend gaining popularity in the broadcast and technology market. The companies operating in the broadcast and media technology market are focusing on developing innovative products to meet industry demands and expand their market reach across the globe. For instance, in March 2022, Quantum Corporation, a US-based data storage, and management company, launched the Unified Surveillance Platform (USP), a durable, versatile, and secure software platform for recording and storing video surveillance data. Quantum is also offering a new range of smart network video recording servers in addition to this software platform (NVRs). To provide a next-generation, integrated appliance for capturing and recording security video, the Smart NVRs combine the Quantum Unified Surveillance Platform software with a purpose-built NVR server. The Quantum USP software consolidates the server's computing, storage, and networking capabilities into a single unified and scalable system, simplifying video recording infrastructure and lowering the total cost of ownership. Quantum's USP is built on software technologies that it bought from EnCloudEn last year. Quantum has further improved and enhanced the software to satisfy the specific requirements of the video surveillance market. In September 2021, Valsoft Corporation Inc., a Montreal-based company that offers end-to-end software solutions for the broadcast industry, acquired VSN Innovation and Media Solutions for an undisclosed amount. This deal will help Valsoft put Aspire Software (an operating group of the company) in a new vertical to strengthen the company's expansion in Spain. VSN Video Stream Networks S.L. is a Japan-based industry leader in media and broadcasting solutions, and its products manage the whole media life cycle in a unified and seamless manner, from ingest to broadcast and archive. North America was the largest region in the broadcast and media technology market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the broadcast and media technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the broadcast and media technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The broadcast and media technology market consists of revenues earned by entities by providing broadcast and media technology components such as on-premise, consulting and support and maintenance. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The broadcast and media technology market research report is one of a series of new reports from The Business Research Company that provides broadcast and media technology market statistics, including broadcast and media technology industry global market size, regional shares, competitors with a broadcast and media technology market share, detailed broadcast and media technology market segments, market trends and opportunities, and any further data you may need to thrive in the broadcast and media technology industry. This broadcast and media technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Communication hardware is any device capable of transmitting analog or digital signals over a communication cable, telephone, or wireless technology. These devices are installed in a computer's internal memory or as a peripheral. The main types of communications hardware are general communication equipment, broadcast communications equipment and telecom infrastructure equipment. A general communication equipment are the equipment, switches, lines and systems used in connection with voice, data and other communications activities for exchange between two stations, transmitter, and receiver. They are applied in military use and civil use. The end users of these hardware are telecom operators, internet service provider, cable operator, personal user and business and government institutions. The global communications hardware market is segmented - 1) By Type: General Communication Equipment, Broadcast Communications Equipment, Telecom Infrastructure Equipment 2) By Application: Military Use, Civil Use 3) By End-User: Telecom Operators, Internet Service Provider, Cable Operator, Personal User, Business and Government Subsegments Covered: Alarm Systems And Equipment, Fire Detection Equipment, Smoke Detectors, Intercoms Systems And Equipment, Traffic Signals, Other General Communication Equipment, Pagers, Transmitting Antennas, GPS Equipment, Cellular Telephone, Other Broadcast Communications Equipment, Switching Equipment, Bridges, Gateways And Routers, Other Telecom Infrastructure Equipment The global communications hardware market size grew from $685.28 billion in 2022 to $746.09 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The communications hardware market is expected to grow to $1027.51 billion in 2027 at a CAGR of 8.3%. The communications hardware market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies use information and communication technologies to efficiently manage and operate urban services including transportation systems, water supply and law and order. These technologies are enabled through IoT technology. IoT is a convergence of computing devices, mechanical and digital objects. This system facilitates the transfer of data over a network without human interaction and minimal human to computer interaction. Smart cities are integrated with communication equipment, thereby benefitting the companies operating in this market. APG Algemene Pensioen Groep N.V. announced investment of €250 million in “Smart City Infrastructure Fund”, for development of smart city projects across North America, Europe, Australia and other major urban areas in the world. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Major companies in the communications hardware market include Apple, Huawei, Samsung Electronics Co., Ltd., AT&T Inc., Compal Electronics, Inc., Cisco Systems, Inc., Xiaomi Corporation, Hon Hai Precision Industry, Lenovo Group Limited and T-Mobile USA, Inc. The communications hardware industry is increasingly targeted by hackers, so exposing various security issues. For instance, in December 2021, according to a report published by Darktrace, a UK-based provider of AI-based cyber security, in 2021, the information technology (IT) and communications sector was predicted to be the most targeted. According to Darktrace's research, in 2021, its artificial intelligence autonomously stopped an average of 150,000 threats against the industry per week. Additionally, the business discovered that email was the most frequently used method of attempted break-in, with businesses in the sector receiving an average of 600 different phishing campaigns each month in 2021. Hence, these security issues hindered the growth of the communications hardware industry during the historic period. Rapid increase in energy consumption has been a major threat to environmental protection and sustainable development, thus driving the development of green technologies. For instance, communications hardware accounts for about 2%-4% of the total global carbon emissions. Due to access to the high-speed internet provided by next-generation wireless networks and increased smartphone usage, data traffic has increased significantly. This has triggered a significant expansion of network infrastructures and increased the energy demands. Environment friendly batteries, renewable energy sources, and intelligent management of the power systems are being developed to reduce carbon emissions. In January 2020, Samsung Electronics Co., Ltd., a South Korea-based electronics company completed the acquisition of TeleWorld Solutions (TWS), for an undisclosed amount. The acquisition will help Samsung to meet the growing needs of the mobile carriers’ for improved 4G and 5G networks. TeleWorld Solutions is a US-based company that offers design, testing and optimization services to mobile service and cable operators, equipment OEMs and other companies. Asia-Pacific was the largest region in communications hardware market in 2022. Western Europe was the second largest region in communications hardware market. The regions covered in the communications hardware market analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the communications hardware market report 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 and Vietnam. The communications hardware market consists of sales of telephone apparatus, and broadcasting and wireless communications hardware. It includes sales of wired and wireless communication hardware equipment. Examples of telephone apparatus hardware are central office switching equipment, cordless telephones (except cellular), PBX equipment, telephone answering machines, local area network (LAN) modems, multi-user modems and other data communications equipment such as bridges, routers and gateways. Examples of broadcasting and wireless communications hardware include transmitting and receiving antennas, cable television equipment, Global Positioning System (GPS) equipment, pagers, cellular phones, mobile communications equipment, and radio and television studio broadcasting equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The communications hardware market research report is one of a series of new reports from The Business Research Company that provides communications hardware market statistics, including communications hardware industry analysis, communications hardware market size, regional shares, competitors with a communications hardware market share, detailed communications hardware market segments, market trends and opportunities, and any further data you may need to thrive in the communications hardware industry. This communications hardware market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Information technology (IT) is the use of computers, storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data. The main type of information technology (IT) are IT services, computer hardware, telecom, and software products. Computer hardware is the physical components that a computer system requires to function and encompasses everything within a PC or laptop. The services are used by large, small, and medium enterprises of financial services, retail and wholesale, manufacturing, healthcare and others. The global information technology (IT) market is segmented - 1) By Type: IT Services, Computer Hardware, Telecom, Software Products 2) By Organization Size: Large Enterprise, Small and Medium Enterprise 3) End User Industry: Financial Services, Retail & Wholesale, Manufacturing, Healthcare, Other End User Industries Subsegments Covered: Hardware Support Services, Software And BPO Services, Cloud Services, Computer Peripheral Equipment, Computer Storage Devices And Servers, Computers, Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers, Operating Systems & Productivity Software Publishing, Database, Storage & Backup Software Publishing, Business Analytics & Enterprise Software, Video Game Software, Design, Editing & Rendering Software The global information technology (IT) market size grew from $8179.48 billion in 2022 to $8852.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The information technology (IT) market is expected to grow to $11995.97 billion in 2027 at a CAGR of 7.9%. The demand for cloud computing services is expected to drive the demand for IT services during the forecast period. In the cloud computing model, data is stored on the internet by a cloud computing provider, who manages and operates data storage as a service. Many companies are now choosing applications hosted in the cloud for their day-to-day operations. For example, according to statistics provided by hostingtribunal.com, 60% of computing workloads were running in the public cloud in 2019. Similarly, 94% of enterprise workloads are expected to be processed by cloud data centers in 2021. Companies are also opting for cloud-based data storage, thus boosting the demand for IT services. Major companies in the information technology (IT) market include Apple, Microsoft, Verizon Communications, China Mobile, AT&T Inc., Huawei, Deutsche Telekom AG, Dell Technologies Inc., Samsung Electronics Co., Ltd. and Comcast Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a significant restraint on the information technology (IT) market share in 2020 as supply chains were disrupted due to trade restrictions and employees working for these establishments faced difficulties related to infrastructure and communication owing to lockdowns imposed by governments globally, forcing them to work from home. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity, with countries entering a state of 'lock down,' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the information technology (IT) market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Over the past five years there has been an increasing prevalence of low cost open source alternatives. Open source has become a preferred platform for developing new technology. In the past, software publishers would open source software that was not making money, but now companies are open sourcing software to increase their presence and share in the market. Supabase, a YC-incubated startup that offers developers an open-source alternative, announced that it had raised a $6 million in funding to create new open-source tools. Asia-Pacific was the largest region in the information technology (IT) market in 2022. North America was the second largest region of the information technology (IT) market. The regions covered in the information technology (IT) industry analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the information technology (IT) 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 and Vietnam. The information technology (IT) market consists of revenues earned by entities by providing IT services such as computer networking, broadcasting, systems design services and information distribution technologies like television and telephones and other equipment used during the process. The market value includes the value of related goods sold by the service provider or included within the service offering. The information technology (IT) market also includes sales of computers, computer peripherals and telecommunications equipment which are used in providing IT services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The information technology (IT) market research report is one of a series of new reports from The Business Research Company that provides information technology (IT) market statistics, including information technology (IT) industry global market size, regional shares, competitors with information technology (IT) market share, detailed information technology (IT) market segments, market trends and opportunities, and any further data you may need to thrive in the information technology (IT) industry. This information technology (IT) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.