PUBLISHER: The Business Research Company | PRODUCT CODE: 1712372
PUBLISHER: The Business Research Company | PRODUCT CODE: 1712372
Communication hardware comprises devices capable of transmitting analog or digital signals via communication cables, telephone networks, or wireless technologies. These devices may be integrated into a computer's internal memory or connected as peripheral components.
The primary categories of communication hardware include general communication equipment, broadcast communications equipment, and telecom infrastructure equipment. General communication equipment encompasses the various devices, switches, lines, and systems utilized for voice, data, and other forms of communication, facilitating exchanges between two stations, namely transmitters and receivers. These technologies serve both military and civilian purposes. The end users of such hardware encompass a broad spectrum, ranging from telecom operators, internet service providers, and cable operators to individual consumers, businesses, and governmental institutions.
The communications hardware market research report is one of a series of new reports from The Business Research Company that provides communications hardware market statistics, including communications hardware industry global market size, regional shares, competitors with a communications hardware market share, detailed communications hardware market segments, market trends and opportunities, and any further data you may need to thrive in the communications hardware industry. This communications hardware market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The commercial and service industry machinery market size has grown strongly in recent years. It will grow from $226.32 billion in 2024 to $241.86 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to urbanization and infrastructure development, hospitality and tourism growth, digitalization of services, commercial real estate development, energy efficiency and sustainability.
The commercial and service industry machinery market size is expected to see strong growth in the next few years. It will grow to $307.94 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to iot and smart building solutions, sustainability and green practices, customization and personalization, digital transformation, globalization of commercial services. Major trends in the forecast period include robotic process automation (RPA), remote and contactless services, sustainable facility management, 3D printing in commercial design, e-commerce and last-mile delivery solutions.
The communications hardware market is expected to receive a significant boost from the rapid growth in investments in smart city projects worldwide. These smart city initiatives leverage information and communication technologies to efficiently manage and enhance various urban services, including transportation systems, water supply, and law enforcement. These technologies are made possible through the utilization of IoT (Internet of Things) technology, which represents the convergence of computing devices, mechanical systems, and digital objects. IoT enables the seamless transfer of data across networks with minimal human interaction. Smart cities heavily rely on communication equipment, and this trend is beneficial for companies operating in this market. As an illustration, APG Algemene Pensioen Groep N.V. has committed to investing €250 million in a 'Smart City Infrastructure Fund' dedicated to the development of smart city projects in North America, Europe, Australia, and other major urban areas worldwide. The concept of smart cities is gaining popularity in developing nations as well. For instance, more than 1,000 smart city pilot projects are either in progress or ready for implementation across the globe, with approximately 500 of these projects concentrated in China.
The increasing demand for seamless and effective communication is expected to drive the growth of the communication hardware market. Seamless and effective communication refers to the clear and efficient exchange of information, minimizing disruptions and ensuring mutual understanding. As the need for better communication grows, so does the demand for hardware such as routers, switches, modems, and power line communication modems and adapters. For example, in February 2023, Uswitch Limited, a UK-based financial conduct authority, reported that in 2022, the UK had 71.8 million mobile connections, marking a 3.8% increase from 2021 (around 2.6 million more connections). By 2025, it is projected that 95% of the UK population, or approximately 65 million people, will own smartphones. This rise in mobile connectivity and communication needs is contributing to the growing demand for advanced communication hardware, driving market growth.
Major companies in the communications hardware market are focusing on developing advanced solutions to improve network performance, speed, and reliability. These cutting-edge products are designed to optimize data transmission and communication systems. For instance, in October 2023, HFCL Limited, an India-based telecommunications company, introduced a suite of advanced communications hardware. This included India's first indigenous 5G Fixed Wireless Access (FWA) Customer Premise Equipment (CPE), aimed at enhancing broadband access. HFCL also launched a range of IP/MPLS routers optimized for 5G network backhauling and last-mile connectivity, as well as a 2 Gbps Unlicensed Band Radio (UBR) offering high-speed, low-latency connectivity. Additionally, the company unveiled a 1728-fibre Intermittently Bonded Ribbon (IBR) cable designed for efficient deployment in 5G networks and data centers, highlighting the ongoing push for next-generation hardware in the communications sector.
Leading companies in the communications hardware market are placing a strong emphasis on the development of advanced routers catering to both gaming and business needs, aiming to secure a competitive advantage in the industry. These advanced gaming routers are engineered to deliver low latency and high-speed connectivity, ensuring a seamless online gaming experience. In contrast, business routers prioritize robust security and network management capabilities, providing support for professional environments. For instance, in 2023, ASUSTeK Computer Inc., a Taiwan-based manufacturer specializing in computer, phone hardware, and electronics, introduced two significant offerings such as the ROG Rapture GT-BE98, recognized as the world's first quad-band Wi-Fi 7 gaming router, and the ASUS RT-BE96U, a tri-band Wi-Fi 7 business router. ASUS gaming routers come equipped with an array of features and tools meticulously crafted to enhance online gaming performance, delivering an exceptional gaming experience. Meanwhile, the business routers are designed to provide rapid and dependable network performance tailored to the requirements of businesses, with features and tools aimed at simplifying network management.
In May 2024, HCLTech, an India-based information technology company, acquired HP Communications Inc. for USD 225 million. This strategic acquisition involves the purchase of Hewlett Packard Enterprise's (HPE) Communications Technology Group (CTG) assets, which will bolster HCLTech's position in the telecommunications sector. HP Communications Inc., a US-based communications construction company, specializes in services related to network infrastructure, service delivery, and digital media. The acquisition aims to strengthen HCLTech's telecommunications capabilities, allowing the company to expand its portfolio and enhance its offerings in the rapidly evolving communications market.
Major companies operating in the communications hardware market include Apple Inc., Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd., AT&T Inc., Cisco Systems Inc., Xiaomi Corporation, Hon Hai Precision Industry Co. Ltd., Lenovo Group Limited, Foxconn Industrial Internet Co. Ltd., Motorola Solutions Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, ZTE Corporation, Juniper Networks Inc., Arris International Limited, CommScope Holding Company Inc., Extreme Networks Inc., Vocera Communications Inc., Viavi Solutions Inc., Impinj Inc., Harmonic Inc., EchoStar Corporation, Digi International Inc., Plantronics Inc., Infinera Corporation, Adtran Inc., Clearfield Inc., NETGEAR Inc., Cambium Networks Corporation, Aviat Networks Inc., Ribbon Communications Inc., Calix Inc., Casa Systems Inc., Sony Group Corporation.
Asia-Pacific was the largest region in communications hardware market in 2024. Western Europe was the second largest region in communications hardware market. The regions covered in the communications hardware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the commercial and service industry machinery market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
The communications hardware market consists of sales of telephone apparatus, and broadcasting and wireless communications hardware. It includes sales of wired and wireless communication hardware equipment. Examples of telephone apparatus hardware are central office switching equipment, cordless telephones (except cellular), PBX equipment, telephone answering machines, local area network (LAN) modems, multi-user modems and other data communications equipment such as bridges, routers and gateways. Examples of broadcasting and wireless communications hardware include transmitting and receiving antennas, cable television equipment, Global Positioning System (GPS) equipment, pagers, cellular phones, mobile communications equipment, and radio and television studio broadcasting equipment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Commercial And Service Industry Machinery Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on commercial and service industry machinery market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for commercial and service industry machinery ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The commercial and service industry machinery market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.