USD 1700.2 billion
Global Integrated Telecommunication Services Market Size, Share, Growth Analysis, By Product Type(Hardware (Broadcast Communication Equipment, Telecoms Infrastructure Equipment), By Service Type(Value-added Services, Basic Communication Services), By Transmission Type(Wired, Wireless), By Application(Residential, Commercial), By Industry(Retail & eCommerce, IT & ITES) - Industry Forecast 2023-2030
Report ID:
SQSG50B2006 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
152 |
Figures:
78
Global Integrated Telecommunication Services Market Insights
Global Integrated Telecommunication Services Market size was valued at USD 1700.2 billion in 2021 and is poised to grow from USD 1805.61 billion in 2022 to USD 3102.74 billion by 2030, growing at a CAGR of 6.2% in the forecast period (2023-2030).
Telecommunication technology has progressed from 2G, 3G, 4G, and 5G networks to NFV/SDN networks to provide faster data speeds and greater connectivity. Broadband connectivity is primarily provided by Digital Subscriber Lines (DSL). Nonetheless, value-added services provided by telecommunication products and service providers are expected to drive integrated telecommunication services market growth. High-speed and low-cost internet connectivity is widely available for a wide range of data applications, including interactive entertainment and broadband information services like Direct to Home (DTH). Some of the key trends driving market growth are the internet of things (IoT), video streaming, and mobile payments. The emergence of these trends is most likely due to the global expansion of mobile devices and related broadband connectivity. E-commerce, retail, healthcare, media & entertainment, transportation & logistics, IT & telecom, and others are the primary industry verticals to consider when evaluating the potential in the telecommunications sector.
US Integrated Telecommunication Services Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2023-2030
Global Market Size
Largest Segment
Wireless
Fastest Growth
Wireless
Growth Rate
6.2% CAGR
Global Integrated Telecommunication Services Market 2022-2028 ($ Bn)
Country Share for Asia-Pacific Region- 2021 (%)
Global Integrated Telecommunication Services Market Size By Transmission Type 2022-2028 ($ Bn)
Global Integrated Telecommunication Services Market Size By Transmission Type 2022-2028 (%)
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Global Integrated Telecommunication Services Market Segmental Analysis
The Global Integrated Telecommunication Services Market is segmented based on product type, service type, transmission type, application, industry and region. Based on Product Type, it is categorized into Hardware, Software/Platform, and Services. The Hardware segment is further sub segmented into Broadcast Communication Equipment, Telecoms Infrastructure Equipment, and Consumer Premise Equipment. The Software/Platform segment is further sub segmented into On-premise and Cloud. The Services segment is further sub segmented into Installation & Integration Services, Repair & Maintenance Services, and Managed Services. Based on Service Type, it is categorized into Value-added Services and Basic Communication Services. Based on Transmission type, it is categorized into Wired and Wireless. Based on Application, it is categorized into Residential and Commercial. Based on Industry, it is categorized into Retail & eCommerce, IT & ITES, Aerospace, Healthcare & Pharmaceutical, Media & Entertainment, Hospitality, Automotive & Manufacturing, Transportation & Logistics, and Others. Based on region, it is categorized into North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America.
Integrated Telecommunication Services Market Analysis by Transmission Type
On the basis of transmission type, the wireless segment is expected to lead the global integrated telecommunication services market over the forecast period. In 2021, over 75% of market share was held by the wireless category, which is projected to grow significantly between 2022 and 2028. It is expected that the emergence of cloud computing, AI, and IoT would significantly contribute to the expansion of wireless communication channels globally. Systems for Wireless Local Area Networks (WLANs) have been rapidly deployed throughout the years, enabling cellular devices in private residences, public areas, airports, office buildings, cafeterias, and other places to access the internet. It is expected to be advantageous to streamline business procedures and automate standard test procedures, resulting in a significant CAGR in the upcoming years.
Additionally, a developing 5G wave is expected to merge the communication technologies into a single end-to-end system in public, home, and business spaces, providing a line of demarcation between wireless and landline networks. In addition to the 5G wireless infrastructure, the wireline infrastructure is also essential for improving the quality of mobile users and maximizing network performance. Furthermore, wireline technologies enable data and voice communication from the nodes to the hosts and manipulators of content.
Global Integrated Telecommunication Services Market By Transmission Type, 2021 (%), 2021 (%)
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Global Integrated Telecommunication Services Market Regional Insights
Based on the region, the Asia Pacific region currently dominates the global integrated telecommunication services market. The region's telecommunications market is anticipated to grow quickly due to the significant unmet demand for telecom services. Along with this, the enormous populations of Asian nations like China and India are contributing to the expansion of telecom subscriptions in the area. The growth of various communication platforms is being fueled by the number of telecom subscribers in China and India. These elements will enable the Asia Pacific telecommunications market to maintain a sizable share from 2020 to 2030.
North American integrated telecommunication services market growth is projected to be accelerated by the rapid technology advancements in the region. The growth of the industry throughout the region is also significantly attributed to the presence of prominent telecom companies. The regional telecom market's continued expansion is also facilitated by network investment optimization for customer satisfaction.
Europe is another region projected to grow significantly over the forecast period. The implementation of the Internet of Things and growing use of AI and ML support the expansion of the telecom sector. In addition, the growing use of mobile phones, 4G, and high-speed internet services provide a chance for the Latin American telecom business to expand. It is anticipated that the diverse service portfolios provided by telecom equipment and service providers, offering security, cloud, and IoT solutions, will indicate a steady development of the telecom industry in this region.
Global Integrated Telecommunication Services Market By Geography, 2022-2028, 2023-2030
- Largest
- Fastest
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Global Integrated Telecommunication Services Market Dynamics
Integrated Telecommunication Services Market Drivers
- Increasing demand for high-speed internet connectivity: The telecommunications industry has begun implementing new technologies including cloud computing and 5G designs. Online communication is currently increasing in popularity across practically all industries, including IT, healthcare, and education. The demand for the telecommunications sector has increased due to the need for high-speed connection for data transfer and other professional and personal responsibilities. Overall, there is a huge demand for communications. Due to simple access to internet services, more people are using audio broadcasting, online streaming, and data sharing, which is ultimately driving the expansion of the telecommunications sector. The stakeholders have embraced cloud computing to cut expenses and stay competitive. Consequently, it is anticipated that cloud computing would help create significant potential in the telecommunications business.
Integrated Telecommunication Services Market Restraints
- The market for telecommunications services has some drawbacks, including equipment costs and security concerns. Expensive capital investments, high prices for value-added services, license fees, and customer privacy are among reasons that are limiting the expansion of the telecommunications services business. The various players also need to take care of the control of telecommunication spend.
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Global Integrated Telecommunication Services Market Competitive Landscape
The market for integrated telecommunication services is moderately fragmented. The major participants in the global telecommunications industry are concentrating on enhancing their product and service offerings. They are engaged in research and development to create new technologies that will facilitate simple and practical communication. To preserve their market supremacy, the leading firms are forming new alliances, partnerships, mergers, and acquisitions.
Integrated Telecommunication Services Market Top Players Company Profiles
- AT&T Inc.
- Verizon Communications Inc.
- China Mobile Limited
- Deutsche Telekom AG
- Nippon Telegraph and Telephone Corporation (NTT)
- Vodafone Group Plc
- Telefonica S.A.
- SoftBank Group Corp.
- America Movil SAB de CV
- Orange S.A.
- China Telecom Corporation Limited
- CenturyLink Inc.
- BT Group plc
- Telstra Corporation Limited
- SK Telecom Co. Ltd.
- Swisscom AG
- Telecom Italia S.p.A.
- Telenor ASA
- Telia Company AB
- Turkcell Iletisim Hizmetleri A.S.
Integrated Telecommunication Services Market Recent Developments
- In August 2022, Adani Data Networks made an announcement announcing its debut into the industrial 5G market. The company has acquired the license to use 400 MHz of spectrum in the 26 GHz millimeter wave band to build a single digital platform to digitize its core infrastructure, main industry, and B2C business portfolio.
- In August 2022, Jio Platforms Limited (JPL) announced their partnership with Optiva, a Canadian supplier of business support systems (BSS) services, in order to provide an end-to-end 5G solution for international markets.
Global Integrated Telecommunication Services Key Market Trends
- Cloud computing and 5G: Recently, players have been working hard to create cloud computing architecture that can be incorporated with the impending 5G infrastructure. In order to keep the company's employees connected and to improve productivity, cloud-based telephony solutions are essential. The increased popularity of online shopping is anticipated to bring in revenue for the telecom market's stakeholders. This feature has given telecom businesses a platform to sell their goods in accordance with client preferences. The companies involved in the telecommunications industry have had a significant impact on the market's routes. Additionally, the combination of product and service offers has given consumers access to a new digital realm. The communications market's growth prospects are anticipated to be accelerated by the quick adoption of new technologies in industrial sectors. The TMR report predicts that the worldwide telecommunications market will grow at a CAGR of 5% over the forecast period.
Global Integrated Telecommunication Services Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to the analysis, the global integrated telecommunication services market is currently led by countries in the Asia Pacific region, due to the enormous populations of Asian nations like China and India. Along with this, the wireless transmission segment is projected to lead the market due to the increasing popularity of cloud computing, AI, and IoT, over the forecast period.
| Report Metric | Details |
|---|---|
| Market size value in 2021 | USD 1700.2 billion |
| Market size value in 2030 | USD 3102.74 billion |
| Growth Rate | 6.2% |
| Base year | 2021 |
| Forecast period | 2023-2030 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Integrated Telecommunication Services Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Integrated Telecommunication Services Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Integrated Telecommunication Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Integrated Telecommunication Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Integrated Telecommunication Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Integrated Telecommunication Services Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Integrated Telecommunication Services Market Report Snapshots
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