Global Telecom Equipment Market –
Industry Analysis and Forecast (2019-
Infrastructure, End User and Region.
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.
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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
However, high initial cost of advanced products is the major restraining factor
that could hamper