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Telecom Network Infrastructure Market Size

Report ID: GMI4493
Published Date: Dec 2022
Report Format: PDF

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Telecom Network Infrastructure Market Size

Telecom Network Infrastructure Market size surpassed USD 95 billion in 2022 and is projected to exhibit a CAGR of 6% between 2023 and 2032. The industry growth is due to a noticeable surge in smartphone users globally.

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The considerable rise in smartphone sales worldwide has generated intense data traffic due to the higher use of mobile internet and data-intensive applications. The remarkable growth in data traffic is anticipated to boost the development of telecom infrastructure globally. Furthermore, the increasing digital literacy and the growing adoption of smartphones in rural regions have prompted telecom operators to develop a robust telecom infrastructure to ensure improved cellular coverage, especially in developing and emerging economies like India and China.

Telecom Network Infrastructure Market Report Attributes
Report Attribute	Details
Base Year:	2022
Telecom Network Infrastructure Market Size in 2022:	95 Billion (USD)
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	6%
2032 Value Projection:	180 Billion (USD)
Historical Data for:	2018 to 2022
No. of Pages:	250
Tables, Charts & Figures:	551
Segments covered:	Component, Connectivity Technology, End User and Region
Growth Drivers:	Commercialization of 5G network Adoption of Software defined Network (SDN) infrastructure Rising smartphone penetration Increasing demand for data center consolidation and server virtualization Growing demand for private LTE networks Extensive usage of LTE technology in smart cities applications
Pitfalls & Challenges:	Vulnerability to cyberattacks Interoperability issues Lack of standardization in spectrum allocation

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Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market for Telecom Network Infrastructure was held a valuation of over USD 95 billion in 2022 and is estimated to register over 6% CAGR between 2023 to 2032 owing to a consistent rise in the number of smartphone users globally.

The market valuation for Telecom Network Infrastructure in Europe was stood at over USD 20 billion in 2022, owing to the various initiatives taken by the governments to improve broadband connectivity in the region.

Some of the key players in the industry are Samsung Electronics Co., Ltd., Qualcomm Technologies, Inc., Sprint Corporation, Altiostar Networks, Inc., Cisco Systems, Inc., CommScope, Inc., Nokia Corporation, Inc, and Huawei Technologies Co., Ltd.

The 4G/LTE segment is anticipated to register over USD 85 billion by 2032, owing to the extensive deployment of high-speed internet services across the globe.