Telecommunication Segmentation
Service Type (Fixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay-TV Services, Machine-to-Machine Services)
Mobile data services segment is expected to capture around 35% telecommunication market share by the end of 2037. This is explained by the fact that customers' use of cellphones is increasing dramatically. Over the course of the projection period, the segment growth is anticipated to be further supported by the rapidly increasing demand for high-speed broadband services for both business and household applications. Furthermore, it is predicted that a huge demand for online 4K UHD video access and cloud gaming will propel the expansion of the data services industry.
The proliferation of Internet of Things (IoT) devices has increased due to their expansion in several industrial verticals, such as manufacturing, healthcare, energy and utilities, and the public sector. The growing number of IoT devices require high-speed data connectivity to operate and exchange messages within networks. In 2011, there were more Internet-connected devices (12.5 billion) than there were people on the planet (7 billion). By 2020, there were likely between 26 and 50 billion Internet-connected gadgets worldwide.
Transmission (Wireline, Wireless)
By 2037, wireless segment is projected to dominate over 70% telecommunication market share. The development of artificial intelligence, the IoT, and cloud computing is expected to have a significant impact on the expansion of wireless communication networks globally. Wireless Local Area Networks (WLANs) installations have facilitated cellular internet connection for users in offices, public buildings, private homes, airports, cafeterias, and other locations. Furthermore, a developing 5G wave is expected to separate wireless and wireline networks and combine all communication modalities into a single end-to-end system in public, residential, and commercial areas. In addition to the 5G wireless infrastructure, the wireline infrastructure is essential for improving network performance and providing higher-quality mobile user experiences. A third of the world's population is expected to use 5G networks by 2025.
Our in-depth analysis of the global market includes the following segments:
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