The telecom network infrastructure market size is poised to expand at substantial CAGR during the forecast period. With the introduction of 5G networks and advanced technologies, such as IoT, cloud computing, big data, and others, the demand for establishing robust telecom network infrastructure is expected to rise exponentially in the coming years.
The soaring demand for broadband internet access and reliable cellular networks is encouraging telecom operators to deploy 5G network infrastructure for better bandwidth and speed capabilities. Growing data volume due to rapid digital transformation and adoption of connected devices across enterprises and industrial sectors are influencing the necessity of advanced telecom architecture that can handle the high data traffic volume.
Driven by the abovementioned factors, the telecom network infrastructure market size is projected to surpass USD 120 billion by 2027, cites a recent report by Global Market Insights, Inc.
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Mentioned below are some prominent factors influencing the market trends in the coming years:
Growing deployment of femtocell base stations
Femtocell base stations are witnessing a high deployment rate owing to soaring demand for enhanced indoor network coverage across urban regions. The growing adoption of smart home products and advanced security systems across individual houses and small businesses is making network coverage crucial in indoor locations. Owing to this, telecom network infrastructure market share from femtocell base station deployment is predicted to witness a 5% CAGR through 2027.
Rising demand for telecom infrastructure integration & deployment services
Growing incorporation of advanced technologies, such as cloud computing, big data, and others across enterprises is influencing the integration and deployment of dynamic telecom network architecture to help in efficiently implementing these technical processes. Integration & deployment services also maintain resiliency, security, scalability, high performance, and continuous availability of network coverage across the business.
These services rigorously implement network planning & design facilitation, multi-vendor network integration, and network infrastructure optimization to help enterprises achieve high return-on-investment (ROI). Driven by this, integration & deployment services held around 50% share of the telecom network infrastructure market in 2020.
Growing emphasis on network upgradation among telecom operators
Telecom operators are extensively emphasizing on deploying improved and upgraded network infrastructure to cater to the growing demand for high-speed and uninterrupted internet accessibility from cellular users. Growing work-from-home and e-learning trends owing to the COVID-19-enforced lockdowns is creating exponential demand for improved data connection.
Even though the internet penetration has grown significantly in recent years globally, there is still a large number of disconnected individuals across various countries, such as India, China, and others. As per the United Nations, half of the global population, nearly 3.7 billion people do not have internet accessibility, representing opportunities for telecom operators to establish network infrastructure.
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Soaring broadband connection demand across Europe
Europe telecom network infrastructure market is slated to generate a market revenue share of over USD 25 billion by 2027 owing to increasing demand for high-speed internet connectivity across the region. The flourishing industrial sector is creating substantial demand for broadband connectivity in the country.
Several regional industry players are emphasizing on strategic ventures to develop advanced network solutions and match the high-speed data demand. For instance, in October 2020, Airspan joined hands with a specialized network infrastructure company, Siticom GmbH, to render 5G wireless internet connectivity to the automotive, manufacturing, agricultural, and healthcare sectors in Germany.
In short, the widespread acceptance of advanced technologies across households, enterprises, and industrial sectors resulting in strong demand for broadband internet connection will complement global telecom network infrastructure industry forecast in the upcoming years.
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Scope & definition
1.2 Methodology & forecast parameters
1.3 COVID-19 impact
1.3.1 North America
1.3.3 Asia Pacific
1.3.4 Latin America
1.4 Data Sources
22.214.171.124 Paid sources
126.96.36.199 Public sources
Chapter 2 Executive Summary
2.1 Telecom network infrastructure market 360º synopsis, 2016 – 2027
2.2 Business trends
2.3 Regional trends
2.4 Component trends
2.5 Connectivity technology trends
2.6 End user trends
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