Global Telecom Equipment Market – Industry Analysis And Forecast (2019-2027)

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Global Telecom Equipment Market – Industry Analysis and Forecast (2019-2027)

Global telecom equipment market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 11.23% during the forecast period.

Global telecom equipment market

Global telecom equipment market

The report study has analysed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and the same is reflected in our analysis.
Global telecom equipment market Definition

Telecom equipments are the type of hardware which is commonly used for the purposes of telecommunications. It is also known as communications equipment or telecommunication equipment. Telecom equipments are broadly categorized into public switching equipment, transmission equipments, multiplexers, communication satellites and many others.
Global telecom equipment market Dynamics

Growing telecommunication industry across the globe is major driving factor behind the growth of the market. Rapid growth in cellular stations and the requirement for next-generation telecom equipment for 5G network infrastructure, ongoing technological advancements in Smartphone and communication technology along with high adoption of Smartphones, growing necessity of the internet almost in all application areas and rising need of telecommunication in applications such as broadcast and interactive television, telephony and video conferencing, facsimile, e-mail, instant messaging, distributed collaboration,data transmission and Internet-based communication is ultimately propelling the demand of telecommunication equipments during the forecast period. Surge in the adoption rate of Internet of Things based devices and services is further provides future opportunities to the telecom equipment market.

However, high initial cost of advanced products is the major restraining factor that could hamper the growth of the market.
Global Telecom Equipment Market: Segmentation Analysis

By offering products, broadband access segment dominated the market in 2019 and is projected to witness fast growth at CAGR of XX% during the forecast period. The growth is attributed to the increasing demand of high-speed internet services. A growing number of internet users and the need of internet for various application areas is driving the growth of the market. Increasing requirement of broadband access equipments for mobile, cable, wire line and wireless, satellite broadband and other types of broadband access hardware is expected to improve the growth of the market during the forecast period.The potential of broadband access to provide high-end requirements of internet gaming, Internet Protocol Television (IPTV), and video & voice conferencing are major trends which are improving the demand of broadband access equipment.

By end user, telecommunication and consumer electronics segments are projected to witness fast growth at CAGR of XX% during the forecast period. The growing market for consumer electronics and telecommunication industry across the globe is attributed to the growth of the market. The telecom equipment industry is becoming more globalized in recent years. This popularity is improved by the liberalization of telecommunications service markets which further, allowing the entry of new service providers who are providing greater opportunities for non-traditional suppliers, which is expected to improve the growth of the market during the forecast period. Furthermore, advanced assembly equipment, improved automation and increased use of computers, TVs, Smartphone’s, and other consumer electronics products from the past few years have significantly enhanced the productivity and improved the competitiveness of telecommunication industry across the globe.
Global Telecom Equipment Market: Regional Analysis

Region wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. The developing economies such as China, India, and South Korea are major key contributors behind the growth of the market. The growth is attributed to the rapidly growing telecommunication market in the high populous countries like China and India. Increasing investments to develop network infrastructure is driving the growth of market in the region.

The telecommunications equipment industry in the APAC region is dominated by many small, medium, and large sized enterprises which manufacture telecommunications equipment in addition to a diverse range of products. Presence of leading telecom equipment manufacturing companies such as Huawei, ZTE, Samsung, Fujitsu, NEC Corporation, and many others has further propelled the growth of market in the region.
Global Telecom Equipment Market: Competitive Analysis

 

Global Telecom Equipment Market1

Huawei is the leading telecom equipment manufacturing company across the globe. Huawei has grabbed ~29% market share of the global telecom equipment market. According to research Huawei, Nokia, Ericsson, Cisco, ZTE, Ciena, and Samsung are the top seven telecom equipment manufacturers in 2019 and accounted for nearly 80% of the global telecom equipment market in terms of revenue.

The objective of the report is to present a comprehensive analysis of the Global Telecom Equipment Market including all the stakeholders of the industry. The past and the current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Telecom Equipment Market dynamics, structure by analyzing the market segments and projects the Global Telecom Equipment Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Telecom Equipment Market make the report investor’s guide.
The Scope of Global Telecom Equipment Market: Inquire before buying

Global Telecom Equipment Market, By Offering Products

• Broadband Access
• Core Network
• Software
• Services
Global Telecom Equipment Market, By Infrastructure

• Wireless Infrastructure
• Wired Infrastructure
Global Telecom Equipment Market, By End User

• Consumer Electronics
• Telecommunication
• BFSI
• Retail
• Media
• Defense
• Others
Global Telecom Equipment Market, By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Global Telecom Equipment Market, By Key Players

• Huawei Technologies Co. Ltd
• Ciena
• Nokia
• ZTE Corporation
• Cisco Systems, Inc
• Fujitsu Ltd
• Telefonaktiebolaget LM Ericsson(publ).
• Qualcomm Technologies, Inc.
• Samsung Group
• Juniper Networks, Inc.
• CommScope Holding Co., Inc.
• Extreme Networks, Inc.
• Ribbon Communications Operating Company, Inc.
• NEC Corporation
• Ericsson

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