DUBLIN–(BUSINESS WIRE)–The “Telecoms
Global Market Opportunities And Strategies To 2022” report has
been added to ResearchAndMarkets.com’s offering.
This report describes and evaluates the global telecoms market. It
covers two five-year periods, 2014 to 2018, termed the historic period,
and 2018 through 2022, the forecast period.
The global telecoms market size reached a value of nearly $2,693.4
billion in 2018, having grown at a compound annual growth rate (CAGR) of
4.4% since 2014 It will grow at a CAGR of 6.4% to nearly $3,453.2
billion by 2022.
Growth in the telecoms market in the historic period resulted from
technological development, government initiatives and economic growth in
emerging economies. Factors that negatively affected telecoms market
growth in the historic period were security issues and the regulatory
Going forward, increasing adoption of the Internet of Things (IoT),
economic growth and the launch of increasing numbers of smart cities
will drive growth in the telecoms market. Factors that could hinder the
growth of the telecoms market in the future are an expected rise in
interest rates, rising costs, national security issues and declining
average revenue per user.
The telecommunications market is segmented into wired telecommunication
carriers, wireless telecommunication carriers, communications hardware
manufacturers’ and satellite & telecommunication resellers. Wired
telecommunication carriers accounted for the largest share of the
telecoms market in 2018 at 45.2%. The satellite & telecommunication
resellers market is expected to be the fastest-growing segment going
forward at a CAGR of 8.1%.
The wired telecommunication carriers market is further segmented into
fixed telephony services, broadband internet services and direct-to-home
(DTH) services. Fixed telephony services accounted for the largest share
of the wired telecommunication carriers market in 2018 at 62.1%. The
broadband internet services segment will grow at the highest CAGR of
The wireless telecommunication carriers market is further segmented into
wireless internet services and cellular/mobile telephone services.
Wireless internet services accounted for the largest share of the
wireless telecommunication carriers market in 2018 at 61.8%. The
wireless internet services segment is also expected to grow at the
highest CAGR of 13.7%.
The communications hardware market is further segmented into general
communications equipment, broadcast communications equipment and
telecoms infrastructure equipment. General communications equipment
accounted for the largest share of the communications hardware market in
2018 at 56.8%. The telecoms infrastructure equipment segment will grow
at the highest CAGR of 3.7%.
The satellite & telecommunications resellers market is further segmented
into satellite telecommunications, telecommunications resellers and
others. Satellite telecommunications accounted for the largest share of
the satellite & telecommunications resellers market in 2018 at 50.4%.
The telecommunication resellers segment will grow at the highest CAGR of
Asia Pacific is the largest market for the telecoms industry, accounting
for 36.6% of the global market in 2018. It was followed by North
America, Western Europe and then the other regions. Going forward,
Africa and the Middle East will be the fastest growing regions for this
market, where growth will be at a CAGR of 9.4% and 8.8% respectively.
This is followed by Asia Pacific and South America where the market is
expected to grow at a CAGR of 8.6% and 6.2% respectively.
The telecoms market is relatively fragmented with small numbers of large
entities which command significant market shares and large numbers of
small entities with minor shares. Players in the market include AT&T,
Apple Inc., Verizon Communications, China Mobile Ltd, Samsung, Huawei,
Deutsche Telekom AG, Nippon Telegraph And Telephone Corp, Softbank Group
Corp. and Telefonica SA.
The global IT market, of which the telecoms market is a segment, reached
a value of nearly $5,908 billion in 2018, having grown at 6.4% since
2014, and will grow at a compound annual growth rate (CAGR) of 9% to
nearly $8,346.4 billion by 2022. The telecoms market is the largest
segment of the IT market accounting for 45.6% of the whole.
The top opportunities in the global telecoms market will arise in the
wired telecommunications carriers segment which will gain $338.8 billion
of global annual sales by 2022. The telecoms market size will gain the
most in China at $230.5 billion. Telecoms market-trend-based strategies
include offering affordable and fast internet using Wi-Fi, 4G and 5G
wireless communications technologies, and offering video-on-demand
services along with fixed line services. Player-adopted strategies in
the telecoms industry include increasing investments in wireless
communication technologies and expanding the offerings into emerging
Companies Mentioned: Apple, AT&T, Verizon communications, China
- Time series: Five years historic and forecast
Data: Ratios of market size and growth to related markets, GDP
proportions, expenditure per capita
- Cablevision SA
- Charter Communications
- China Mobile
- Deutsche Telekom AG
- Nippon Telegraph & Telephone Corp
- Softbank Group Corp
- Sprint Corp
- Telecoms Argentina SA
- Telefonica SA
- Time Warner
- Vodafone India
For more information about this report visit https://www.researchandmarkets.com/r/59uptn