November 30, 2020
As per the research report titled ‘Telecom Network Infrastructure Market Size, By Component, By Connectivity Technology, By End User, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report LLC, global telecom network infrastructure market valuation is expected to cross USD 100 billion mark by the year 2026.
Rising adoption of cellular and wireless devices, escalating demand for smart cities, and increasing investments towards improving the telecommunication infrastructure, predominantly in Asia-Pacific region, are bolstering the growth of global telecom network infrastructure market.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2483996/
Based on component type, the microcell segment is expected to emerge as a major revenue generator for global telecom network infrastructure market during 2020-2026. Rising adoption of network infrastructure in base stations along with surging demand for enhanced cellular coverage in rural areas are fostering the expansion of the segment.
With regards to connectivity technology, the 5G network segment is predicted to amass noteworthy returns over the forecast period, owing to favorable initiatives towards the commercialization of the network, high demand for infrastructural upgradation telecommunication networks, and growing efforts of industry players towards offering advanced solutions.
Shifting consumer preference towards adopting the 5G network from 4G and LTE services due to improved bandwidth and enhanced data speed capabilities widespread adoption of the Bring Your Own Device (BYOD) trends are further boosting the growth of the segment,
Speaking of the end-user terrain, global telecom network infrastructure market share from the telecom service providers segment is estimated to grow significantly through 2026. High prevalence of cyberattacks and cyberthreats along with rising adoption of wireless devices are propelling the expansion of the segment.
From a geographical front, North America telecom network infrastructure industry is calculated to generate substantial revenue during 2020-2026, on account of growing focus towards improving existing telecom infrastructure and favorable government initiatives.
Major players that define the competitive landscape of global telecom network infrastructure market are ZTE Corporation, Telefonaktiebolaget LM Ericsson, Sprint Corporation, SonicWALL, Inc., Sierra Wireless, Inc., Samsung Electronics Co., Ltd., Qualcomm Technologies, Inc., Palo Alto Networks, Inc., Nokia Corporation, NEC Corporation, Juniper Networks, Inc., Huawei Technologies Co., Ltd., Fujitsu Ltd., Fortinet, Inc., CommScope, Inc., Cisco Systems, Inc., Ciena Corporation, Check Point Software Technologies Ltd., Altran Technologies, SA, and Altiostar Networks, Inc.