About Telecom Equipment
The boom in the smartphone industry and the accessibility of smartphones are expected to enlarge the telecommunications equipment market. More and more companies are investing capital in data hardware such as cell towers, satellite communications, and broadband spectrum. All of these factors have resulted in increased sales of telecommunications equipment such as micro-receivers, telephones, and ethernet cables. The Global Telecom Equipment Market Report offers a holistic assessment of the market. The report offers a comprehensive analysis of the key segments, trends, drivers, restraints, competitive conditions, and factors that play a vital role in the market. Telecommunication devices consist of hardware that is used in a communication system, such as Wireless packet cores, carrier IP telephony, cellular access network (ran), broadband access and home network, routers and carrier Ethernet switches, optical transport, etc. The telecommunications industry has seen tremendous technological advances in recent decades due to the increasing capability and reach of broadband, mobility, and internet services around the world. The proliferation of the Internet and the increasing adoption of smartphones are the main factors contributing to the growth of the global telecommunications equipment market.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Telecom Equipment market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Huawei Technologies Co. Ltd (China), Ciena (United States), Nokia (Finland), ZTE Corporation (China), Cisco Systems, Inc. (United States), Fujitsu Ltd (Japan), Telefonaktiebolaget LM Ericsson. (Sweden), Qualcomm Technologies, Inc. (United States), Samsung Group (South Korea), Juniper Networks, Inc. (United States), CommScope Holding Co., Inc. (United States), Extreme Networks, Inc. (United States), Ribbon Communications Operating Company, Inc. (United States) and NEC Corporation (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Telecom Equipment market by Type (Network Communication Equipment, Mobile Communication Device and Optical Communication Equipment), Application (Consumer Electronics, Banking, Retail, Media, Defense, Government and Others) and Region.
On the basis of geography, the market of Telecom Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Infrastructure, the sub-segment i.e. Wireless Infrastructure will boost the Telecom Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Telecom Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Need For Next Generation Ready Network Equipment for 5G Network and The Growing Penetration of the Internet around the World
Market Growth Drivers:
Challenges:
The High Operating and Maintenance Cost of Telecom Equipment
Restraints:
High Cost of New Product Development
Opportunities:
More Companies Are Investing Capital in Data Hardware Such As Cell Towers, Satellite Communication, and Broadband Spectrum and Rising Digital Transformation
Market Leaders and their expansionary development strategies
In June 2019, Extreme Networks, Inc. acquired Aerohive Networks, a pioneer in cloud-managed networking. Under the terms of the agreement, Extreme will acquire all of Aerohive's outstanding common stock at a price of USD 4.45 per share in cash for a total purchase price of USD 272 million.
In February 2020, Huawei Technologies Co., Ltd. had launched the Smart 8T8R solution. The solution thereby includes software-defined antennas (SDA), FDD dual-band 8T8R RRUs as well as innovative algorithms. It supports on-demand multi-sector deployments in 2G, 3G, and 4G networks based on the software configuration that helps simplify development to 5G. and In March 2020, Nokia added new solutions and innovations to its fiber access portfolio to help service providers smoothly deliver a gigabit experience to everyone.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Telecom Equipment, Suppliers and Distributors of Telecom Equipment, Venture Capitalists and Private Equity Firms and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.