The telecommunication equipment market was valued at USD 468.4 billion in 2019 and is expected to reach USD 743.8 billion by 2027, growing at a CAGR of 6% from 2021 to 2027.
The boom in the smartphone industry and the accessibility of smartphones are expected to drive the telecommunication equipment market. More and more companies are investing capital in data hardware such as base stations, satellite communications, and broadband spectrum. All of these factors have led to increased sales of telecommunication equipment such as micro-receivers, telephones, and ethernet cables.
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Company Profile
- INDUS TOWERS
- ITI
- HFCL
- AGC Networks
- GTL Infra
- Tejas Networks
- Vindhya Telelin
- Optiemus Infra
- Astra Microwave
- Digispice Tech
- Avantel
- ADC India Comm
- Valiant Comm
- Punj Comm
Market – Segmentation
By Type
- Network Communication Equipment
- Mobile Communication Device
- Optical Communication Equipment
By Application
- Consumer Electronics
- Banking
- Media
- Retail
- Defense
- Other
Scope of the Report
The research study analyzes the Global Telecom Equipment Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Telecom Equipment Market Report
1. What was the Telecom Equipment Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Telecom Equipment Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Telecom Equipment Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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(This release has been published on Global Market Post.
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