The global telecommunication services market size was valued at USD 1.65 trillion in 2020 and is projected to expand at a CAGR of 5% from 2021 to 2027. Increased spending on building 5G infrastructure due to customer movement the propensity for next-generation technologies and smartphone devices is one of the key factors driving this industry. Rising mobile subscribers, surging demand for high-speed data connections, and growing demand for value-added managed services are other potential factors driving market growth. Global telecommunication networks have undoubtedly been one of the main areas for continuous technological advancement in the last few decades.
A full report of Telecom Services Market available at https://www.orionmarketreports.com/iot-telecom-services-market/11436/
Top Companies in Telecom Services Market:
• AT&T Inc.
• Verizon Communications Inc.
• Nippon Telegraph and Telephone Corporation (NTT)
• China Mobile Ltd.
• Deutsche Telekom AG
• SoftBank Group Corp.
• China Telecom Corp Ltd.
• Telefonica SA
• Vodafone Group
• KT Corporation
• Bharati Airtel Limited
• Reliance Jio Infocomm Limited
• KDDI Corporation
• Orange SA
• BT Group plc
• Comcast Corporation
Telecom Services Market: Segmentation
By Service Type
• Fixed Voice Services
• Fixed Internet Access Services
• Mobile Voice Services
• Mobile Data Services
• Pay-TV Services
• Machine-to-Machine (Mobile IoT) Services
By Transmission
• Wireline
• Wireless
By End-use
• Consumer/Residential
• Business
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
