The global integrated telecom infrastructure market is projected to reach a valuation of USD 60 billion by the end of the forecast period. The global market is expected to garner an impressive CAGR of 26% during the assessment period stretching between 2017 and 2023.
The growth of the market at such a rapid pace is due to the advancements in 5G spectrum, advancements in the mobile communication technology, and the increasing demand for smartphones. The advancement in telecommunication as well as wireless technologies like VoLTE and 5G is pushing the market demand for integrated telecom infrastructure.
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The global integrated telecom infrastructure market segments into the following dynamics: components, services, and infrastructure type.
By services, the market divides into technical services, professional services, and managed services. The professional services segment breaks down into network consulting, system integration, and network optimization. The technical service narrows down into support, deployment, and maintenance. The managed services comprise hosted & managed services and applications and network outsourcing. Herein, the professional services segment holds the lead in the global standings as they are the most used services and serve as the backbone to integrated telecom infrastructure.
By components, the market includes network component, telecom tower, power component, video component, and network management component. The network component holds the leading position in the global market. This is because it includes MAN, LAN, and WAN technology that is required for the widespread functioning of the telecom network.
By infrastructure type, the market is further branched down to civil infrastructure, network infrastructure, electrical infrastructure, and management layer infrastructure. The management layer infrastructure segment is expected to grow at the fastest rate during the forecast period due to the constant need for upgrades and maintenance.
The global integrated telecom infrastructure market includes players like Experis IT Pvt. Ltd (India), Nu Tek India ltd. (India), Texas Instruments Inc (U.S.), Ericsson (Sweden), CROC Inc (Russia), Tech Mahindra Limited (India), Nokia Networks (Finland), Huawei Technologies Co. Ltd (U.S.), NEC Corporation (Japan), ZTE Corporation (China), and Siemens AG (Germany).
May 13th, 2019, leading Saudi Arabia telecom operator, Integrated Telecom Company made an announcement of expanding its portfolio of managed security services to aid organizations with incident handling, detection of threats, monitoring, and management of present cybersecurity risks.
The global Integrated Telecom Infrastructure Market is regionally segmented into the following regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).
Among these, the Asia Pacific region leads the global integrated telecom infrastructure market with the highest share percentage. The region is further expected to showcase the fastest growth potential over the forecast period and maintain its position at the top of the rankings. The increasing spending by the government to adopt 5G, VoLTE, and various other advanced mobile telecommunication technologies.
Developing economies like Japan, China, and India are heavily investing for the development of the telecommunication infrastructure. India, in particular, is expected to play a huge role in driving growth and expansion into the Asia Pacific regional market. Most recently, India launched its very own independent satellites in order to provide a better geographical coverage and to enhance the global positioning system (GPS). India is also reported to be helping subcontinent countries like Bangladesh, Myanmar, Nepal, and Bhutan to develop their own telecommunication infrastructure.
Elsewhere in Europe and North America, the markets are already matured because of them being early adopters of these technologies and is expected to showcase steady growth over the forecast period. The steady growth in Europe can be attributed to the European Union policies concerning no border restrictions. The mobile operators cover almost the entire geographical segment of these European countries. As the population and smartphone penetration is less herein than that of Asia Pacific, the region holds the second spot in the global standings. North America stands third in the global rankings owing to the already developed integrated mobile technologies. However, it is reported that major upgrades are taking place to improve the communication herein and create a much more integrated infrastructure.
LIST OF TABLES
TABLE 1 INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY SERVICES
TABLE 2 INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY COMPONENTS
TABLE 3 INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY INFRASTRUCTURE TYPE
TABLE 4 INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY REGION
TABLE 5 NORTH AMERICA INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY SERVICES
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LIST OF FIGURES
FIGURE 1 RESEARCH BOT SERVICES
FIGURE 2 INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY SERVICES (%)
FIGURE 3 INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY COMPONENTS (%)
FIGURE 4 INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY INFRASTRUCTURE TYPE (%)
FIGURE 5 INTEGRATED TELECOM INFRASTRUCTURE MARKET, BY REGION (%)
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