Global integrated telecom infrastructure market size was US$ Bn in 2019 and is expected to reach US$ Bn by 2027, at a CAGR of 26% during the forecast period.
Integrated telecom infrastructure is an area that is specialized in structuring telecom networks linking intra towns, cities, highways, and it can connect worldwide countries to each other over the telecom network. The integrated telecoms infrastructure is keeping pace with both the international and national levels by several private and public organisations.
The growing market for telecommunications industry across the globe and rising need for telecom equipment to improve the global telecom market is the major driving factor behind the growth of the market. Increasing telecommunication development, increasing adoption of collaborative methods to build and develop telecom infrastructure market, growing technological advancements in 5G network infrastructure, rising adoption of Smartphone’s, increasing market for both wireline and wireless communication system and growing partnership among market competitors to reduce their increasing investments are expected to improve the growth of the market during the forecast period.
However, the high cost required to develop telecom infrastructure and network failure are major restraining factors that could hamper the growth of the market.
Global Integrated Telecom Infrastructure Market: Segmentation Analysis
By infrastructure type, the network segment dominated the market in 2019 and is projected to witness fast growth at CAGR of 4 % during the forecast period. The growing investment by the governments to enhance network infrastructure across the globe is attributed to the growth of the market. Increasing the necessity of internet, rising cellular infrastructure, increasing technological advancements in LTE, and 5G network infrastructure, and increasing investments by the worldwide telecom network providers to adopt the latest network technologies are expected to improve the growth of the market during the forecast period.
Global Integrated Telecom Infrastructure Market: Regional Analysis
Region-wise, Asia Pacific held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during the forecast period. Countries such as China, Japan, India, and South Korea are the major key contributors behind the growth of the market. The growth is attributed to the growing market for consumer electronics and telecommunication industry across the region. The massive presence of leading market players such as Huawei, Samsung, ZTE, and many others and the vast presence of telecom service providers across the region is driving the growth of the market. The growing investment by the government to improve telecom network infrastructure across the region is further propelling the growth of the market.
Rising significance for passive infrastructure sharing across the countries like India and China, growing use of telecom tower infrastructure, and continuously growing market for mobile devices in these countries is driving the growth of the market in the region. Increasing initiatives taken by the government to improve the telecom sector is improving the growth of the market. For instance, the Indian government’s latest policies such as Make in India, Startup India, Skill India, and Digital India program are ultimately improving the growth of the market in the APAC region. Also, in Jan 2020, the Indian government allowed 100 % FDI in Bharti Airtel.