Press release
Telecom Network Infrastructure Market 2024 - By Size, Share, Segments, Application, End-users And Growth Outlook By 2033
Telecom Network Infrastructure Market
The Business Research Company offers in-depth market insights through Telecom Network Infrastructure Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The telecom network infrastructure market size has grown strongly in recent years. It will grow from $94.1 billion in 2023 to $100.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to mobile revolution, internet expansion, evolution of communication standards, cloud computing and data centers, network virtualization and sdn..
The telecom network infrastructure market size is expected to see strong growth in the next few years. It will grow to $130.72 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to 5g deployment and expansion, edge computing growth, iot and connected devices, network security concerns, cloud and data center expansion, ai and network optimization.. Major trends in the forecast period include virtualization and software-defined networking (sdn), edge computing adoption, rise of iot connectivity, security and privacy emphasis, cloud service expansion..
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Market Segmentation:
The telecom network infrastructure market covered in this report is segmented -
1) By Component: Product, Service
2) By Connectivity Technology: 2G, 3G, 4G or LTE, 5G
3) By End Users: Telecom Operators, Enterprises
Major Driver - Anticipated Growth In Telecom Network Infrastructure Market Fueled By Rising Smartphone Penetration
Rising smartphone penetration is expected to boost the growth of the telecom network infrastructure market going forward. Smartphone penetration rate refers to a metric for estimating mobile phone usage in a nation, specifically the proportion of SIM cards to the population. Telecom network infrastructure permits wireless communication utilizing portable electronics such as smartphones, tablets, or mobile phones. For instance, in February 2021, according to the report shared by DataReportal, a Singapore-based online reference library, in China, there were 1.61 billion mobile connections in January 2021. Between January 2020 and January 2021, there were 8.0 million more mobile connections in China (+0.5%). Since many people have multiple mobile connections, the number of mobile connections in China in January 2021 was equal to 111.8% of the country's entire population. Therefore, rising smartphone penetration is driving the growth of the telecom network infrastructure market.
Competitive Landscape:
Major companies operating in the telecom network infrastructure market report are Nokia Corporation Inc., Fujitsu Limited, Cisco Systems Inc., Ciena Corporation, Fortinet Inc., CommScope Holding Company Inc., Huawei Technologies Co. Ltd., NEC Corporation, Samsung Electronics Co. Ltd., Qualcomm Incorporated, Sprint Corporation, Altiostar Networks Inc., Juniper Networks Inc., Palo Alto Networks Inc., Telefonaktiebolaget LM Ericsson, Check Point Software Technologies Ltd., Altran Technologies SA, Capgemini SE, Broadcom Inc., Intel Corp., Alcatel-Lucent, ZTE Corporation, Affirmed Networks, Software-Defined Networking (SDN), Synchronization Networks, Test and Measurement Equipment, Transmission Systems, VoLTE Gateways, Ascendis Communications, Cambium Networks .
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Top Trend - Technological Advancements Propel Innovation In The Telecom Network Infrastructure Market
Technological advancements have emerged as a key trend gaining popularity in the telecom network infrastructure market. Major companies operating in the telecom network infrastructure market are introducing innovative technological solutions to sustain their position in the market. For instance, in October 2021, Dell Technologies, a US-based technology company, launched the Bare Metal Orchestrator, a new telecom software, solution, and service. It is designed to assist communications service providers (CSPs) in accelerating the development of open, cloud-native networks and in opening up fresh revenue streams at the edge. The Dell Technologies Bare Metal Orchestrator provides the depth and size to support the deployment of ORAN and 5G by automating the administration and deployment of tens of thousands of servers across various locations. Declarative automation enables Bare Metal Orchestrator to direct the targeted server in order to accomplish activities and workflows fast and effectively without requiring human involvement, such as deploying software stacks and workloads.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Telecom Network Infrastructure Market Characteristics
3. Telecom Network Infrastructure Market Trends And Strategies
4. Telecom Network Infrastructure Market - Macro Economic Scenario
5. Telecom Network Infrastructure Market Size And Growth
…..
27. Telecom Network Infrastructure Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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