The telecom industry is a part of the information and communication technology industry. The industry is primarily engaged in operating and providing access to facilities for the transmission of voice, data, text and video.
The global telecom market was valued at over $2 trillion in 2017. Asia Pacific was the largest region in the telecom market in 2017, accounting for around 50% market share. China was the largest country in the telecom market in 2017, accounting for around 30% market share.
Internet TV is gaining acceptance and being preferred by customers in the developed 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.
The top five companies covered are AT&T, Apple, Verizon Communications Inc., China Mobile Ltd. and Samsung. AT&T was the largest company in the market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The telecom industry is segmented into wired, wireless, satellite and other telecom services, and communication hardware.
Wired telecom service providers primarily engage in operating and providing access to transmission facilities and infrastructure they own and lease for the transmission of voice, data, text, sound and video using wired telecom networks.
Wireless telecom service providers primarily engage in operating and maintaining switching and transmission facilities to provide communications through the air waves.
Communication hardware those physical devices that are able to transmit either analogue or digital signals over a communication cable, telephone or via wireless technology, such as modems, routers, Wi-Fi cards, network interface cards, Internet adapters, access points and network connectors.
Satellite & telecom resellers service provides telecommunications services to other establishments in the telecommunications and broadcasting industries by forwarding and receiving communications signals via a system of satellites or reselling satellite telecommunications.
Other telecom services include service providers purchasing access and network capacity from owners and operators of telecommunication networks and reselling wired and wireless services to businesses and households.