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

The global telecom market size is expected to grow from $2,642.14 billion in 2021 to $2,866.61 billion in 2022 at a compound annual growth rate (CAGR) of 8.5%. The growth in the market 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 telecoms market is expected to reach $3,818.36 billion in 2026 at a CAGR of 7.4%.

IoT technology adoption by manufacturing and transportation services companies is driving the telecom market in the forecast period.

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The telecom market consists of sales of telecom goods and services by entities (organizations, sole traders and partnerships) that provide communication hardware equipment for the transmission of voice, data, text and video. The telecoms market also includes manufacturers’ sales of goods such as GPS equipment, cellular telephones and switching equipment.

Global Telecom Market Segments Include:
By Type: Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite and Telecommunication Resellers

By Application: Household, Commercial

By Product: Telecom Hardware, Telecom Services

Subsegments Covered: Cellular/Mobile Telephone Services, Wireless Internet Services, Broadband Internet Services, Fixed Telephony Services, Direct-To-Home (DTH) Services, General Communication Equipment, Broadcast Communications Equipment, Telecom Infrastructure Equipment, Satellite Telecommunications, Telecommunication Resellers, Other Satellite and Telecommunication Resellers

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 telecom market in 2021.

Internet TV is gaining acceptance and being preferred by customers in developed and developing markets. The traditional pay-TV industry has been facing severe competition from online video streaming service providers. The low-cost video streaming service providers are threatening the pay-TV business model and forcing traditional pay-TV service providers to offer internet TV services to their subscribers.

TBRC’s telecom market report covers:

Major Market Players: Apple, Verizon Communications, China Mobile, AT&T Inc., Deutsche Telekom AG, Huawei, Comcast Corporation, T-Mobile USA, Inc., China Telecom and Telefonica SA.

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 (2016-21) and ten years forecast (2022-2026-2031)

The Telecom Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides telecom market overviews, analyzes and forecasts market size, share, telecom market players, telecom market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s telecom 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:

Telecom Infrastructure Equipment Global Market Report 2022

Satellite And Telecommunication Resellers Global Market Report 2022

Wired Telecommunication Carriers Global Market Report 2022

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