Telecom Equipment Market Report: Trends, Forecast and Competitive Analysis to 2030

Telecom Equipment Market Trends and Forecast

The future of the global telecom equipment market looks promising with opportunities in the BFSI, IT and telecommunication, retail, media and entertainment, military and defense, healthcare, and consumer electronic markets. The global telecom equipment market is expected to reach an estimated $963.5 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rising number of mobile users, increasing proliferation of the internet of things, smart infrastructure, and connected devices, and growing demand for 5G technology across the globe.

A more than 150-page report is developed to help in your business decisions.

Telecom Equipment Market by Segment

The study includes a forecast for the global telecom equipment market by technology, infrastructure, end use industry, and region.

Telecom Equipment Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• 2G and 3G
• 4G LTE
• 5G

Telecom Equipment Market by Infrastructure [Shipment Analysis by Value from 2018 to 2030]:

• Wired
• Wireless

Telecom Equipment Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• IT and Telecommunication
• Retail
• Media and Entertainment
• Military and Defense
• Healthcare
• Consumer Electronics
• Others

Telecom Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Telecom Equipment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies telecom equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the telecom equipment companies profiled in this report include-

• Huawei Technologies
• Ciena
• Nokia
• ZTE Corporation
• Cisco Systems
• Fujitsu
• Telefonaktiebolaget LM Ericsson
• Qualcomm
• Samsung
• Juniper Networkds

Telecom Equipment Market Insights

Lucintel forecasts that wirelessis expected to witness highest growth over the forecast period.

Within this market, consumer electronics will remain the largest segment.

North America is expected to witness highest growth over the forecast period.

Features of the Global Telecom Equipment Market

Market Size Estimates: Telecom equipment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Telecom equipment market size by technology, infrastructure, end use industry and region in terms of value ($B).

Regional Analysis: Telecom equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, infrastructure, end use industries, and region.s for the telecom equipment market

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the telecom equipment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the telecom equipment market size?

Answer: The global telecom equipment market is expected to reach an estimated $963.5 billion by 2030.

Q.2. What is the growth forecast for the telecom equipment market?

Answer: The global telecom equipment market is expected to grow with a CAGR of 6.5% from 2024 to 2030

Q.3. What are the major drivers influencing the growth of the telecom equipment market?

Answer: The major drivers for this market are rising number of mobile users, increasing proliferation of the internet of things, smart infrastructure, and connected devices, and growing demand for 5G technology across the globe.

Q.4. What are the major segments for the telecom equipment market?

Answer: The future of the global telecom equipment market looks promising with opportunities in the BFSI, IT and telecommunication, retail, media and entertainment, military and defense, healthcare, and consumer electronic markets.

Q.5. Who are the key telecom equipment market companies?

Answer: Some of the key telecom equipment companies are as follows:

• Huawei Technologies
• Ciena
• Nokia
• ZTE Corporation
• Cisco Systems
• Fujitsu
• Telefonaktiebolaget LM Ericsson
• Qualcomm
• Samsung
• Juniper Networkds

Q.6. Which telecom equipment market segment will be the largest in future?

Answer: Lucintel forecasts that wirelessis expected to witness highest growth over the forecast period.

Q.7. In telecom equipment market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the telecom equipment market by technology (2G and 3G, 4G LTE, and 5G), infrastructure (wired and wireless), end use industry (BFSI, IT and telecommunication, retail, media and entertainment, military and defense, healthcare, consumer electronics, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?