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.
A full report of Telecom Equipment Market available at: https://www.orionmarketreports.com/telecom-equipment-market/37957/
Telecom Equipment Market- Segmentation
By Type
• Network Communication Equipment
• Mobile Communication Device
• Optical Communication Equipment
By Application
• Consumer Electronics
• Banking
• Media
• Retail
• Defense
• Other
Key Market Players
• 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
• Maestros Elect
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
