What is telecom market research?

Telecom market research shows how your customers’ needs have changed, exposes their new financial reality and helps you identify new products and services.

How big is the global telecom industry?

The global telecom services market size was estimated at USD 1,657.7 billion in 2020 and is expected to reach USD 1,707.96 billion in 2021.

How is the telecom industry doing globally?

The Global telecommunications market was valued at US $1657.70 Bn. in 2020, and it is expected to reach US $2395.47 Bn. by 2027 with a CAGR of 5.4\% during the forecast period. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Which is the largest telecom market in the world?

Global players

Company	Country	Revenue
China Mobile	China	88.8
AT	USA	127.3
Verizon Communications	USA	115.7
Vodafone	UK	74.4

What telecommunication companies do?

The telecommunications sector consists of companies that transmit data in words, voice, audio, or video across the globe. Telecom equipment, telecom services, and wireless communication are the three basic sub-sectors of telecommunications.

Who is the market leader in telecom industry?

Reliance Jio held the highest share of subscribers, at around 37 percent, in the wireless network market across India in the middle of 2021. The company had over 437 million subscribers during the same time period.

How much is the global telecom industry worth?

According to IDC, the worldwide market for telecoms and pay-TV services experienced a recovery during the second half of 2020, following the turbulent first half of the year as Covid-19 changed everyone’s lives: That recovery meant the global services market was worth $1.53 trillion last year, the same as in 2019, with …

Which telecom company has highest customers in world 2021?

Telecoms 150 2021 Ranking

2021	2020	Name
1	1	Verizon
2	2	AT
3	4	Deutsche Telekom
4	3	China Mobile

How can I get into telecom industry?

The candidates must have a B. Tech/ M. Tech degree in Telecommunications/ Telecom Engineering or Electronics and Communications Engineering. The candidates must have a minimum of 50\% of marks to be eligible for the recruitment process.

Which is the best telecom company in world?

#1 AT Inc. AT is a holding company that provides communications and digital entertainment services globally.

What is the size of the global telecom services market?

Report Overview. The global telecom services market size was valued at USD 1,657.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.4\% from 2021 to 2028.

How has mobile data affected the market growth in 2020?

Thus, it has moderately affected the market growth in 2020. In 2020, the mobile data services segment held the largest share of nearly 33.0\% and is expected to exhibit a significant CAGR from 2021 to 2028. This is attributed to the significantly growing usage of smartphones among consumers.

How has the telecom industry evolved over the years?

The industry’s product offering evolved in the late 19th century from only voice and visual signals in terms of facsimile or telegraphs over wired infrastructure to the current scenario of exchanging audio, video, and text content over numerous wireless infrastructures.

How many mobile subscribers are there in the world?

The significant growth is ascribed to the proliferation of smartphones worldwide. There were more than 8 billion mobile subscribers recorded globally in 2020, wherein more than 60\% of the population was using smartphones. The private telecom operators account for a larger subscriber base as compared to government-owned companies.