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Stringent government regulations and mandates are expected to drive innovation in general communication equipment manufacturing, thus driving the market during the forecast period.

The global general communication equipment market is expected to grow from $47.32 billion in 2022 to $51.27 billion in 2023 at a compound annual growth rate (CAGR) of 8.4The global general communication equipment market size is expected to grow to $69.28 billion in 2027 at a CAGR of 7.8%.

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Global General Communication Equipment Market Segments Include:

• By Product Type:Alarm Systems And Equipment, Fire Detection Equipment, Smoke Detectors, Intercoms Systems And Equipment, Traffic Signals, Other Product Types
• By End-User:Commercial, Industrial, Military, Other End-Users
• By Types:Mobile, Fixed Line Devices
• 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 is the largest region in the global general communication equipment market in 2021.

Major Market Players in the general communication equipment market include Apple, Samsung Electronics, Alcatel-Lucent, LG Electronics, Google Inc., Qualcomm, Juniper Networks, Ericsson, ZTE.

Implementation of long-term evolution (LTE) technology-based intercoms, have been gaining acceptance from companies across all industries. LTE is a modern IP communicator, which provides high data for clear voice communication, full HD video streaming and a faster installation of the intercom. For instance, in March 2021, NVT Phybridge entered into a strategic partnership with 2N to help reduce deploying costs and complexities of 2N IP intercoms (including the first LTE/4G intercom) and other communication and security solutions. 2N, an European company launched 2N LTE verso intercom for usage in residences, office buildings, apartment buildings and family homes to provide e-mail shot of the visitor captured by HD camera, when intercom detects movement near the door. Thereby, LTE based intercoms is expected to be a major trend in the general communication equipment market.

The General Communication Equipment Global Market Report 2023  provides a general communication equipment market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The general communication equipment market forecast analyzes general communication equipment market size, general communication equipment market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

General communication equipment is a device that eases communication between individuals and helps communicate important signals to an individual.

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