Wireless telecommunication carriers operate and maintain switching and transmission facilities to provide telecommunications services via airwaves. The services provided by the companies in this industry are cellular phone services, wireless internet access, and wireless video.
The top five companies covered are AT&T, China Mobile, Verizon Communications, Deutsche Telekom AG and Telefonica S.A. 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.
Wireless Telecommunication Carriers Global Market Size
The global wireless telecommunication carriers market was valued at around $1 trillion in 2017. Asia Pacific was the largest region in the wireless telecommunication carriers market in 2017, accounting for around 45% market share. The USA was the largest country in the market in 2017, accounting for around 25% market share.
Wireless Telecommunication Carriers Global Market Trend
The biggest forthcoming change in the telecoms industry is the emergence of fifth-generation mobile networks (5G). 5G is expected to be much quicker than the present 4G. It will be some years before this technology becomes commercially available. The new generation mobile network is likely to provide the capacity needed to support the IoT(Internet of Things) revolution. Low latency is another important feature expected from 5G.
Wireless Telecommunication Carriers Global Market Segmentation
The wireless telecommunication carriers market is segmented into Cellular Phone Services and Wireless Internet Access.
Cellular phone service providers offer voice services through physical media such as wire or fiber optic cable instead of wireless transmission. These services are also referred to as landline or dedicated line services.
Wireless internet access is delivered through mobile phone towers to computers, mobile phones and other digital devices using portable modems. Different types of wireless network standards support a wide range of bandwidths but most of them are suitable for sending and receiving data.
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