Learn about the global communications hardware market through The Business Research Company, which provides information on communications hardware market size, communications hardware market drivers and restraints, communications hardware market players, the COVID-19 impact on the communications hardware market, and more.

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The global communications hardware market is expected to grow from $625.11 billion in 2020 to $666.53 billion in 2021 at a compound annual growth rate (CAGR) of 6.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The communications hardware market is expected to reach $900.88 billion in 2025 at a CAGR of 8%.

The communications hardware market is expected to be aided by rapid growth in investments in smart city projects in many countries globally.

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The communications hardware market consists of sales of communications hardware by entities (organizations, sole traders and partnerships) that provide telephone apparatus, and broadcasting and wireless communications hardware. It includes sales of wired and wireless communication hardware equipment. Examples of telephone apparatus hardware are central office switching equipment, cordless telephones (except cellular), PBX equipment, telephones, telephone answering machines, local area network (LAN) modems, multi-user modems and other data communications equipment, such as bridges, routers and gateways. Examples of broadcasting and wireless communications hardware include transmitting and receiving antennas, cable television equipment, Global Positioning System (GPS) equipment, pagers, cellular phones, mobile communications equipment, and radio and television studio broadcasting equipment.

Global Communications Hardware Market Segments Include:

By Type: General Communication Equipment, Broadcast Communications Equipment, Telecom Infrastructure Equipment

By Application: Military Use, Civil Use

Subsegments Covered: Alarm Systems And Equipment, Fire Detection Equipment, Smoke Detectors, Intercoms Systems And Equipment, Traffic Signals, Other General Communication Equipment, Pagers, Transmitting Antennas, GPS Equipment, Cellular Telephone, Other Broadcast Communications Equipment, Switching Equipment, Bridges, Gateways And Routers, Other Telecom Infrastructure Equipment

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global communications hardware market, accounting for 32% of the market in 2020.

TBRC’s communications hardware market report covers:

Major Market Players: Apple, Samsung, Cisco Systems, Huawei Technologies, Ericsson.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Communications Hardware Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides communications hardware market overviews, analyses and forecasts market size, share, communications hardware market players, communications hardware market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s communications hardware market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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