The global 2G and 3G switch off market is expected to grow at a moderate CAGR during the forecast period. The major factors propelling the growth of the market include a rise in telecom density and rising spending on IoT equipment. Additionally, the cost-effective and easier availability of network equipment will boost the growth of the market. Moreover, the rising demand for high-speed connectivity and growing investments in building networks strengths will propel the growth of the market.
2G and 3G technology is being replaced by new innovative technology due to the rapid growth of wireless mobile communications. Modulation technique, protocol stack, technological architecture, and radiofrequency are all differences between the 2G and 3G technologies. Owing to the validation methods used during communication, 3G technology offers a higher level of security than 2G. However, the advent of 5G enabled devices are estimated to hinder the growth of the market.
Key players contributing to the growth of the global 2G and 3G switch off market by adopting various strategies such as product launches & developments, mergers and acquisition, partnerships and collaborations include AT&T Inc., NTT Data Corp., Verizon Communications Inc., Telefonica S.A., Deutsche Telekom AG, among others.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered–
- By Technology
- By Application
Competitive Landscape– AT&T Inc., NTT Data Corp., Verizon Communications Inc., Telefonica S.A., Deutsche Telekom AG, among others.
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2G and 3G Switch Off Market – Segmentation
By Technology
- 2G
- 3G
By Application
- Message
- Data
- Voice
- Video
2G and 3G Switch Off Market – Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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