Report covers the present scenario and the growth prospects of the SMB telecom voice and data services market in the US for 2017-2021.
Albany, NY -- (SBWIRE) -- 09/18/2017 -- The U.S. SMB telecom voice and data services market is projected to grow at 6.36% during the forecast period 2017-2021. Subscribers for SMB telecom voice and data services witnessed an increase in 2016 in the U.S. These insights are according to a new research report added to the database of Market Research Hub (MRH).
Consumer focus on quality voice over services is influencing service providers to offer advanced and affordable services. Currently, providers in the U.S. SMB telecom voice and data service market are facing stiff competition from OTT VoIP service providers. It is anticipated that proliferation of 5G network can address these challenges up to a certain extent.
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The U.S. SMB telecom voice and data services market is comprehensively analyzed, and valuable insights are offered to the readers. Evolution of 3G and 4G networks have massively influenced the SMB telecom voice and data services market in the U.S. Proliferation of these services has provided an impetus to the growth of the U.S. SMB telecom voice and data services market over the forecast period. A holistic analysis on the key comparison between 3G and EDGE services is offered to the readers.
The growing adoption of IoT in industrial landscape is a favorable development for the U.S. SMB telecom voice and data services sector. Although still at a nascent stage, widespread adoption of IoT can open up new avenues of growth for the SMB telecom voice and data services sector in the U.S.
In a bid to offer comprehensive information to readers, the report offers detailed segmentation on the basis of product type. Market forecast and analysis is offered on the broadband connections segment and bundled internet and telephone services.
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The key market trends that are likely to play an important role in the development of this market are also discussed in detail. According to the report, innovation and development in next-gen wireless networks and proliferation of 5G networks can have a positive impact on market growth. Growth in the adoption of LTE technology, coupled with adoption of VoLTE with VOWi-Fi can further lead to development of this market.
The prominent companies in the global SMB telecom voice and data services market are analyzed. Detailed competitive landscape is offered to readers to help them understanding the market dynamics from a company-side perspective. Some of the companies profiled in the market include AT&T, Verizon, and T-Mobile. Profiling of other prominent carriers is also offered to readers in this comprehensive report.
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