https://www.thebusinessresearchcompany.com/report/telecom-global-market-report
Telecom Global Market Report 2023 – By Type (Wireless Telecommunication Carriers, Wired Telecommunication Carriers, Communications Hardware, Satellite & Telecommunication Resellers), By Application (Household, Commercial), By Product (Telecom Hardware, Telecom Services) – Market Size, Trends, And Global Forecast 2023-2032
Starting Price : $5000.00 | Pages : 400 | Published : January 2023 | SKU CODE : r764 | Delivery Time: 2-3 business days | Format :
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Telecom is the exchange of information by electronic and electrical means over a considerable distance.
The main types of telecoms are wireless telecommunication carriers, wired telecommunication carriers, communications hardware, and satellite and telecommunication resellers. Wireless communication involves the transmission of information without the help of wires, cables or any other electrical conductors. The various products used include telecom hardware and telecom services for household and commercial applications.
The telecom market research report is one of a series of new reports from The Business Research Company that provides telecom market statistics, including telecom industry global market size, regional shares, competitors with a telecom market share, detailed telecom market segments, market trends and opportunities, and any further data you may need to thrive in the telecom industry. This telecom 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 global telecom market grew from $2868.37 billion in 2022 to $3041.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The telecom market is expected to grow to $3818.42 billion in 2027 at a CAGR of 5.8%.