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Integrated Telecom Infrastructure Market Trend Analysis By Component & Type Forecast 2023
The integrated telecom infrastructure regional analysis covers the geographical regions of North America, Europe, Asia Pacific and Rest of the world.
The global integrated telecom infrastructure market is segmented on the basis of services, components, and infrastructure type. The services are sub-sub-segmented into professionals’ services, managed services, and technical services. Among these, the professional services lead the market. However, the technical services are projected to witness fast growth during the forecast period. On the basis of the component, the market is sub-segmented into optical component, power component, network component, telecom tower component, video component, and network management component. These component work in an integration to provide better calling and internet services. The segmentation is also done by infrastructure type under civil infrastructure, electrical infrastructure, network infrastructure, and management layer infrastructure. Among these, the management layer infrastructure leads the market segment by infrastructure type.
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The major factors that drive the growth of the integrated telecom infrastructure are the advancement in VoLTE and 5G technology. Additionally, the demand for smartphone is growing along with enhanced mobile communication technology. Thus the mobile operators are putting more efforts to reduce call drops, interrupted networks, data packet loss during data transmission. The integrated telecom infrastructure market is expected to reach USD 60 billion at a CAGR of 26% over the review period.
Some of the prominent players in the global Integrated Telecom Infrastructure Market: Nu Tek India Ltd. (India), Texas Instruments Inc (U.S.), CROC Inc (Russia), Tech Mahindra Limited (India), Huawei Technologies Co. Ltd (U.S.), Experis IT Pvt. Ltd, ZTE Corporation (China), Nokia Networks (Finland), NEC Corporation (Japan), Ericsson (Sweden), and Siemens AG (Germany).
The integrated telecom infrastructure regional analysis covers the geographical regions of North America, Europe, Asia Pacific and Rest of the world. Among these regions, Asia Pacific is leading the global market and is expected to shows the fastest growth during the forecast period due to the growing government spending to adopt VoLTE, 5G, and other advanced mobile telecommunication technologies. Countries like China, Japan, and India are investing heavily in the development of telecommunication infrastructure. India has launched its own independent satellites to provide a better geographical coverage and increase the global positioning system (GPS). India is also helping the countries like Bangladesh, Nepal, Bhutan, and Myanmar to develop the telecommunication infrastructure.
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On the other hand, Europe and North America are already matured market in integrated telecom infrastructure as these regions are the early adopters of these technologies and continue to show a steady growth. Europe shows a steady growth in the telecom infrastructure due to its European Union policies of no border restrictions. The mobile operators cover up the entire geographical segment of these countries. Also, the population and smartphone penetration of the regions is less than that of Asia Pacific. North America gets the third spot in the integrated telecom infrastructure due to the already established integrated mobile technologies. However, major upgrades are taking place in these regions to improve the communication and create a more integrated infrastructure.
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