Telecom Services Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The global telecommunication services market size was valued at USD 1.65 trillion in 2020 and is projected to expand at a CAGR of 5% from 2021 to 2027. Increased spending on building 5G infrastructure due to customer movement the propensity for next-generation technologies and smartphone devices is one of the key factors driving this industry. Rising mobile subscribers, surging demand for high-speed data connections, and growing demand for value-added managed services are other potential factors driving the market growth. Global telecommunication networks have undoubtedly been one of the main areas for continuous technological advancement in the last few decades.

Top Companies in Telecom Services Market:

• AT&T Inc.
• Verizon Communications Inc.
• Nippon Telegraph and Telephone Corporation (NTT)
• China Mobile Ltd.
• Deutsche Telekom AG
• SoftBank Group Corp.
• China Telecom Corp Ltd.
• Telefonica SA
• Vodafone Group
• KT Corporation
• Bharati Airtel Limited
• Reliance Jio Infocomm Limited
• KDDI Corporation
• Orange SA
• BT Group plc
• Comcast Corporation

 

Telecom Services Market: Segmentation

 

By Service Type

• Fixed Voice Services
• Fixed Internet Access Services
• Mobile Voice Services
• Mobile Data Services
• Pay-TV Services
• Machine-to-Machine (Mobile IoT) Services

By Transmission

• Wireline
• Wireless

By End-use

• Consumer/Residential
• Business

 

 

Key Questions Answered by Telecom Services Market Report

 

• What was the Telecom Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Telecom Services Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Telecom Services Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume