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Telecommunications Sector Outlook: Latest Industry Trends & Statistics

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Global Telecom Industry

The global telecom market is a segment of the global ICT industry and refers to the provision of services such as broadband internet, mobile internet, wired telephone and mobile phone as well as standard, cable and satellite television.

Telecom companies provide services to various sectors from private individuals to businesses. They operate in different categories, namely satellite, wireless, wired and other types of telecom businesses.

Telecommunications Key Market Segments                                                       

In the world fixed-line telecommunications industry, voice only represents the leading market segment at more than 57% of the overall market. The Americas hold just over a 34% share of the world fixed line telecoms market in terms of value. Japan-based NTT Group is the number one company in the fixed line telecoms market, accounting for over 13% of the overall market in terms of value.

The global broadband telecommunications industry continues to record strong growth, with broadband satellite services. This growth allows better communication over IP (Voice-Over-IP services)

Telecom companies providing Internet Protocol Television can avail of broadband infrastructure and video compression technology developments to broadcast live TV signals through private broadband networks. RNCOS states the EU is the leading regional market in the global IPTV market. The EU will likely be overtaken by Asia-Pacific in terms of growth with rising numbers of subscribers and higher service revenue. 

In the world’s URL filtering industry, security will prove key moving forward, with demand on the rise for secure internet access, web antivirus scanning and cloud-based URL filtering. Leading companies operating in the market include Trend Micro, McAfee and Websense.

Unified communication is also an important market segment of the telecom industry.

Telecom Business Regional Market Share

North American Free Trade Agreement (United States, Canada, and Mexico) nations held a fixed line telecoms market. Canada leads in terms of yearly growth. The US leads in terms of value. In the NAFTA mobile phone market, the US leads in terms of value.

India’s telecom tower industry growth is being driven by the deployment of 3G and broadband wireless access services by Indian telecom operators.

Asia’s telecommunication services & equipment industry is undergoing a period of strong growth, though its mobile phone sector is less active than in the EU and the US. 

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Parent industry: ICT
Related industries: IT Hardware, Software, IT Services, Data Center, Cybersecurity, Cloud Services

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