Telecom Equipment Market Size To Expand at a Notable CAGR Of 10% During 2017 - 2023

Pune, India, February,2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Telecom Equipment Market

Global Telecom Equipment Market: Synopsis

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.

Global Telecom Equipment Market: Segmental Analysis

The global telecom equipment market has been segmented on the basis of type, infrastructure, and end-users. Based on type, the global telecom equipment market has been segmented into public switching, transmission, and customer premise. The public switching segment has been sub-segmented into analog switching and digital switching. The transmission segment has been sub-segmented into base transceiver station (BTS), optical fiber cables, multiplexers, local loops, and communication satellites. The customer premise segment has been sub-segmented into local area networks, modems, mobile phones, landline telephone, answering machine, fax, pagers, and routers. Among these, the customer premise segment commands the largest share of the global telecom equipment market during the assessment period. Based on infrastructure, the global telecom equipment market has been segmented into wireless infrastructure and wired infrastructure. Based on end-user, the global telecom equipment market has been segmented into consumer electronics, banking, retail, media, defense, government, and ISP/mobile operators. 

Global Telecom Equipment Market:

Regional Analysis

Geographically, the global telecom equipment market has been segmented into four major regions such as Asia Pacific (APAC), North America, Europe and the rest of the world. The Asia Pacific region commands the major share of 40% of the global telecom equipment market during the assessment period. The factors such 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 in the Asia Pacific (APAC) region. The North America region commands the second largest share of around 30% of the global telecom equipment market. Rapid adoption of technologically advanced solutions that require connectivity and high demand for telecommunication services are majorly fueling the growth of the global telecom equipment market in the North America region.

Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/telecom-equipment-market-4441

Global Telecom Equipment Market: Key Players

The key players profiled by Market Research Future (MRFR) that are operating in the global telecom equipment market are Huawei Technologies Co Ltd (China), Alcatel Lucent S.A (France), Ciena (the U.S.), Cisco Systems, Inc (the U.S.), Fujitsu Ltd (Japan), Juniper Networks, Inc (the U.S.), ZTE Corporation (China), Ericsson (Sweden), Qualcomm, Inc (the U.S.) and Motorola Solutions (the U.S.). The players in the global telecom equipment market are improving their product portfolio by launching innovative products in order to expand their businesses in the global telecom equipment market. Strategically planned mergers and acquisitions are aiding these players to sustain the market competition and retain their dominance over the global telecom equipment market during the assessment period.