Communications Equipment - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Communications Equipment Market is accounted for $601.69 billion in 2019 and is expected to reach $2,231.18 billion by 2027 growing at a CAGR of 17.8% during the forecast period. Increased growth of cellular stations and the need for next-generation-ready network equipment for 5G networks are driving the market growth. However, high costs of new product development are restraining the market growth.
Communications equipment comprises hardware used mainly for communication purposes. It includes a wide range of communication technologies from transmission lines and communication satellites to radios and answering machines.
Based on the type, the mobile communication device segment is going to have a lucrative growth during the forecast period as mobile communication devices are more differentiated, varying much more radically in terms of feature lists, price, form factor. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing population base coupled with the introduction of technologically advanced communication devices.
Some of the key players profiled in the Communications Equipment Market include Xiaomi, Ubiquiti, Samsung Electronics, Riverbed, Microsoft, Lenovo Group, Juniper, Huawei, HP, Dell, Cisco Systems, Broadcom, Aruba Networks, Apple and Alcatel-Lucent Enterprise.
• Optical Communication Equipment
• Network Communication Equipment
• Mobile Communication Device
• WANs (Wide Area Network)
• LANs (Local Area Network)
• Telecom Operators
• Data Center
End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Energy & Utilities
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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