TechSci Press Release

Emerging trend for video conferencing and rise in demand for wireless communication system is expected to drive the global telecom equipment market through 2026 According to TechSci Research report,  “ Telecom Equipment Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2026 ” , the global Telecom Equipment is expected to grow at steady rate during the forecast period. Rise in demand for IoT devices for better consumer experience and emergence of advanced technologies is driving the growth of the global telecom equipment market. Rise in the smartphone devices is compelling manufacturers and telecom service providers to invest in the hardware telecom equipment for instance cell towers, broadband spectrum and mobile devices, cables etc. Also, surge in demand for internet-based applications and development of next generation technology equipment is also expected to fuel the global telecom equipment market. Digitization process across many in...

Global telecom equipment market is expected to grow at a significant rate during the predicted period. Proliferation of smart devices coupled with higher penetration of internet is expected to drive the global telecom equipment market. Rise in the demand for IoT devices for enhanced connectivity and real time information for commercial and residential sectors is boosting the global telecom equipment market. Additionally, technological advancements in the field of cloud computing, artificial intelligence and emergence of cloud computing devices will fuel the market growth in the next five years. Rising demand for 4G LTE technology and expected roll out of 5G technology owing to high-speed transmission, operational efficiency and cost-effectiveness will contribute to the growth of the global telecom equipment market. Also, increased concerns regarding security for commercial applications is expected to fuel the global telecom equipment market growth. The increasing preference towards wi...