Telecommunication Market
Telecommunication Market - Global Industry Assessment & Forecast
Segments Covered
- By Component Hardware, Software Platform, Services
- By Enterprise Size Small & Medium Enterprises, Large Enterprise
- By Industry Retail & E-Commerce, IT & ITES, Aerospace, Healthcare & Pharmaceutical, Media & Entertainment, Hospitality, Automotive & Manufacturing, Transportation & Logistics, Others (Oil & Gas, Utilities Education)
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1754.8 Billion |
Revenue 2030: | USD 2652.5 Billion |
Revenue CAGR (2023 - 2030): | 5.3% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Telecommunication Market Segment Analysis
- Telecommunication Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software Platform
- Services
- Telecommunication Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)
- Small & Medium Enterprises
- Large Enterprise
- Telecommunication Industry Outlook (Revenue, USD Million, 2018 - 2030)
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
-
North America Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
-
North America Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- U.S.
- U.S. Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- U.S. Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- U.S. Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- U.S. Telecommunication Market, by Component
- Canada
- Canada Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Canada Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Canada Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Canada Telecommunication Market, by Component
-
Mexico
- Mexico Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Mexico Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Mexico Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Mexico Telecommunication Market, by Component
-
North America Telecommunication Market, by Component
- Europe
-
Europe Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
-
Europe Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
-
Europe Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- U. K.
- U.K. Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- U.K. Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- U.K. Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- U.K. Telecommunication Market, by Component
- France
- France Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- France Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- France Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- France Telecommunication Market, by Component
-
Germany
- Germany Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Germany Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Germany Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Germany Telecommunication Market, by Component
-
Italy
- Italy Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Italy Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Italy Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Italy Telecommunication Market, by Component
-
Spain
- Spain Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Spain Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Spain Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Spain Telecommunication Market, by Component
-
Rest of Europe
- Rest of Europe Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Rest of Europe Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Rest of Europe Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Rest of Europe Telecommunication Market, by Component
-
Europe Telecommunication Market, by Component
- Asia Pacific
-
Asia Pacific Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
-
Asia Pacific Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
-
Asia Pacific Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- China
- China Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- China Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- China Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- China Telecommunication Market, by Component
- Japan
- Japan Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Japan Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Japan Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Japan Telecommunication Market, by Component
-
Germany
- Germany Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Germany Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Germany Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Germany Telecommunication Market, by Component
-
India
- India Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- India Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- India Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- India Telecommunication Market, by Component
-
South Korea
- South Korea Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- South Korea Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- South Korea Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- South Korea Telecommunication Market, by Component
-
South East Asia
- South East Asia Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- South East Asia Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- South East Asia Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- South East Asia Telecommunication Market, by Component
-
Rest of Asia Pacific
- Rest of Asia Pacific Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Rest of Asia Pacific Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Rest of Asia Pacific Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Rest of Asia Pacific Telecommunication Market, by Component
-
Asia Pacific Telecommunication Market, by Component
- Latin America
-
Latin America Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
-
Latin America Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
-
Latin America Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Brazil
- Brazil Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Brazil Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Brazil Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Brazil Telecommunication Market, by Component
- Argentina
- Argentina Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Argentina Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Argentina Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Argentina Telecommunication Market, by Component
-
Rest of Latin America
- Rest of Latin America Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Rest of Latin America Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Rest of Latin America Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Rest of Latin America Telecommunication Market, by Component
-
Latin America Telecommunication Market, by Component
- Middle East & Africa
-
Middle East & Africa Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
-
Middle East & Africa Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
-
Middle East & Africa Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- GCC Countries
- GCC Countries Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- GCC Countries Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- GCC Countries Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- GCC Countries Telecommunication Market, by Component
- South Africa
- South Africa Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- South Africa Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- South Africa Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- South Africa Telecommunication Market, by Component
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Telecommunication Market, by Component
- Hardware
- Software Platform
- Services
- Rest of Middle East & Africa Telecommunication Market, by Enterprise Size
- Small & Medium Enterprises
- Large Enterprise
- Rest of Middle East & Africa Telecommunication Market, by Industry
- Retail & E-Commerce
- IT & ITES
- Aerospace
- Healthcare & Pharmaceutical
- Media & Entertainment
- Hospitality
- Automotive & Manufacturing
- Transportation & Logistics
- Others (Oil & Gas
- Utilities Education)
- Rest of Middle East & Africa Telecommunication Market, by Component
-
Middle East & Africa Telecommunication Market, by Component
- North America
FAQ
Frequently Asked Question
What is the global demand for Telecommunication in terms of revenue?
-
The global Telecommunication valued at USD 1754.8 Billion in 2022 and is expected to reach USD 2652.5 Billion in 2030 growing at a CAGR of 5.3%.
Which are the prominent players in the market?
-
The prominent players in the market are China Mobile Ltd. (China), AT&T (U.S.), Verizon Communications (U.S.), Vodaphone Group (UK), SoftBank Corp. (Japan), Reliance Telecommunication (India), Time Warner Cable Inc. (U.S.), Airtel (India), America Movil (Mexico), Telefonica Telstra (Australia), Nippon Telegraph & Telephone (Japan), Deutsche Telekom (Germany), T-Mobile US Inc. (U.S.), DirecTV Group (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.3% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Telecommunication include
- Rising spending on deployment of 5g infrastructure
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Telecommunication in 2022.