Telecom Network Infrastructure is anticipated to have CAGR of ~4% over 2019-2028. According to the study published by Insure Insights on the Telecom Network Infrastructure market, the increase in demand for the cellular and other devices which are portable and are wireless, would help the industry grow. Furthermore, the surge in the demand for the smart cities involving the steep rise in demand for the wireless technologies throughout the world is anticipated to boost the industry in the coming years. The data enhancement is the need of the hour and various measures are taken for improvement in Telecom Network Infrastructure. Furthermore, the commercialization of 5G network and surge in mobile phone penetration are expected to help the industry flourish.
Top Driver: Robust penetration of mobile phones to propel the industry
Telecom Network Infrastructure is projected to experience growth with the penetration of the mobile phones. The wireless technology is the need of the hour for every end user. According to the data given by Cisco in the second quarter of 2018, mobile devices accounted for over half of all organic search engine visits in the United States. Furthermore, in 2020, it’s expected that 221 million Americans will be mobile phone search users. The estimates state that as of the second quarter of 2019, 52% of Yahoo’s U.S. organic search traffic is from mobile devices. The increase in the use of mobile phones boosted the need to have better network infrastructure.
4G to Make Crucial Contribution to Growth of Global Telecom Network Infrastructure Market
Among connectivity technology segments of the global Telecom Network Infrastructure market, 4G/LTE is predicted to show lucrative growth in future. The 4G network is the one which brought revolution in the smartphones. It allowed the individuals to access the information and blogs written, better video conferencing and other e-commerce applications which help in easier connectivity. The network performance improvement than conventional connectivity technology has helped the segment to grow than other segments.
The 5G segment is the second largest segment which is anticipated to grow in the coming years. The advantage posed by the 5G connectivity technology including the improvised network and would become popular slowly popular and is hence expected to grow further in the near future.
Developed infrastructure to Benefit China Market
China is experiencing highest revenue growth than any other country and is anticipated to grow in the coming years. China has been focusing on development of telecommunications, mainly the infrastructures hence has benefitted in offering better network connectivity. Furthermore, the increase in the penetration of mobile phones would help the industry flourish in the forecast period. The presence of major players in the country is also expected to propel the market.
Due to outbreak of COVID-19 the government of every country has enforced lockout situation. This has emerged the need for better connectivity technology and hence would help the growth of Telecom Network Infrastructure.
Players to Focus on advanced telecom network infrastructure
The global Telecom Network Infrastructure market leaders include Check Point Software Technologies Ltd., Altiostar Networks, Inc., Altran Technologies, SA, Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Palo Alto Networks, Inc., Ciena Corporation, Cisco Systems, Inc., CommScope, Inc., Fortinet, Inc., Fujitsu Ltd., Huawei Technologies Co., Ltd., Juniper Networks, Inc., NEC Corporation, and Nokia Corporation, Inc.
Deutsche Telekom: In May 2020, German operator Deutsche Telekom expects to deploy 5G technology in 14 additional cities this year to reach its goal of rolling out this technology in at least 20 of the largest German cities by the end of 2020. The main aim of Deutsche Telekom is to cover half of the country with 5G during this year.
Aricent: In February 2019, Aricent, a global design and engineering company, announced that it has been selected by Sichuan Tianyi Comheart based in China for its fully pre-integrated 5G RAN framework. This is significant as it drastically cuts Network Equipment Providers’ (NEPs) time to introduce 5G RAN solutions.
Kalaam Telecom Group: In June 2020, Kalaam Telecom Group, a leading managed solutions provider for businesses across GCC and international markets, announced the launch of Kalaam Network Optical Transit (KNOT), a new fiber-optic terrestrial international cable system that enhances regional and international connectivity in the Middle East and North Africa (MENA).
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