Global Wired Telecommunication Carriers Market
Information Technology

Global Wired Telecommunication Carriers Market Outlook, Opportunities And Strategies

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

The global wired telecommunication carriers market is expected to grow from $912.02 billion in 2020 to $1000.19 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. 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 market is expected to reach $1213.74 billion in 2025 at a CAGR of 5%.

The wired telecommunication carriers market growth is aided by stable economic growth forecasted in many developed and developing countries.

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The wired telecommunications carriers market consists of sales of wired telecommunications services and related goods by entities (organizations, sole traders and partnerships) that provide local and long-distance voice calling, sound and video transmission, cable TV and internet services over fixed-line networks. Companies in the wired telecommunications industry may own and maintain networks, share a network or lease a network from other companies.

Global Wired Telecommunication Carriers Market Segments Include:

By Type: Broadband Internet Services, Fixed Telephony Services, Direct-To-Home (DTH) Services
By Application: Household, Commercial
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global wired telecommunication carriers market, accounting for 36% of the market in 2020.

Wired telecommunications companies are offering additional services to their consumers instead of limiting their service offerings to fixed line and DSL internet services. Companies are shifting towards a multi-function system by adding services such as internet broadband and television satellite connection in their offering. Thus, a consumer receiving internet and voice telephony is more likely to subscribe to IPTV, video on demand and pay television services.

TBRC’s wired telecommunication carriers market report covers:

Major Market Players: AT&T, Comcast Corporation, China Telecom, BT Group, Verizon Communications.

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 Wired Telecommunication Carriers 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 wired telecommunication carriers market overviews, analyses and forecasts market size, share, wired telecommunication carriers market players, wired telecommunication carriers market segments and geographies, leading competitor revenues, profiles and market shares.

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

Here Is A List Of Similar Reports From The Business Research Company:

 5G Services Global Market Report 2021

Satellite & Telecommunication Resellers Global Market Report 2021

Wireless Telecommunication Carriers Global Market Report 2021

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