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telecommunication equipment industry analysis Research Report by Forecast to 2023

Telecom Equipment Market Research Report by Forecast to 2023

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Telecom Equipment Market Research Report by Forecast to 2023

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Telecom Equipment Market Research Report by Forecast to 2023
Summary
The detailed report published by Market Research Future (MRFR) projects that the global telecom
equipment market is marked to exhibit significant expansion at a CAGR of 10% during the forecast period
of 2017-2023. The global telecom equipment market is also anticipated to reach the market valuation of
USD 562 Bn by the end of the review period. as increased equipment manufacture due to the availability
of cheap raw materials and labor in the emerging economies of India and China, high demand for
telecommunication services in the remote locations of the underdeveloped areas, and increasing demand
for connectivity in various industrial sectors are majorly propelling the growth of the global telecom
equipment market during the assessment period.

The global telecommunication equipment industry analysis is expected to score 10% CAGR during the forecast
period (2017-2023). Market Research Future (MRFR) predicts a possibility of surpassing USD 562 billion
valuation by the end of 2023.

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Telecom Equipment Market Research Report by Forecast to 2023
Major Key Players:

• Huawei Technologies Co Ltd (China)


• Alcatel Lucent S.A (France)
• Ciena (US)
• Cisco Systems, Inc (US)
• Fujitsu Ltd (Japan)
• Juniper Networks, Inc (US)
• ZTE Corporation (China)
• Ericsson (Sweden)
• Qualcomm, Inc (US)
• Motorola Solutions (US)
Segmentation:
• Based on the type, the global telecom equipment market can be segmented into public switching,
transmission, and customer premise. The public switching segment includes analog switching and
digital switching. The transmission segment comprises base transceiver station (BTS), multiplexers,
local loops, optical fiber cables, and communication satellites. The customer premise segment
comprises local area networks, landline telephone, modems, mobile phones, fax, answering
machine, pagers, and routers. The customer premise segment has the maximum share and
dominates the market considerably.
• Based on the infrastructure, the global telecom equipment market comprises wireless
infrastructure and wired infrastructure.
• Based on the end-user, the global telecom equipment market includes retail, media, consumer
electronics, banking, defense, government, and ISP/mobile operators. The banking segment is
substantially contributing to the market to ensure strong reachability.
Regional Analysis:
The global telecom equipment market has been segmented, region-specifically, into Asia Pacific (APAC),
North America, Europe and Rest of the World (RoW). This analysis has its long roots profoundly established
in volume-wise and value-wise analysis of the market.

The APAC region commands well-over 40% of the entire market and it will retain its command during the
forecast period as well. The region is benefiting from falling raw material price and increased equipment
production, which is a by-product of the former. At the same time, affordable labor in China and India is
also promoting the market. Demand for telecommunication services in the remote locations and high
growth in infrastructures to support connectivity in various industrial sectors are providing the regional
market much-needed traction.

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Telecom Equipment Market Research Report by Forecast to 2023

IP phones market in the region


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