Harrisburg, NC -- (SBWIRE) -- 10/15/2020 -- The Global Wireless Telecommunication Carriers Market Research Report 2020-2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The global wireless telecommunication carriers market is expected to decline from $759 billion in 2019 to $736.1 billion in 2020 at a compound annual growth rate (CAGR) of -3.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $878.6 billion in 2023.
Click the link to get a Sample Copy of the Report:
Top Companies in the Global Wireless Telecommunication Carriers Market: AT&T; China Mobile; Verizon Communications; Deutsche Telekom AG; Telefonica SA and Other
SEPTEMBER 2, 2020: Telefónica has commercially launched 5G services in Spain, the telco said in a release.The European operator said that 75% of the Spanish population will have access to 5G by the end of the year."The launch of our 5G network constitutes a leap forward towards the hyperconnectivity that will change the future of Spain," said José María Álvarez-Pallete, Telefónica's executive chairman.Telefónica will launch offers for both individuals and corporate customers and also committed to the "numerous direct and indirect cross-cutting benefits" that 5G brings to key sectors such as transport, tourism, energy, the car industry and healthcare.
March 19: Verizon Communications is negotiating with programmers to start a mobile video streaming service in the US featuring live TV, original shows and pay-per-view as early as June, according to a person familiar with the talks.The wireless carrier has secured streaming rights with media companies including Viacom, the owner of MTV, and DreamWorks Animation SKG, said the person, who asked not to be identified. The company plans to have the four major broadcasters — ABC, NBC, CBS and Fox — as part of the service, the person said.
1) By Type: Cellular/Mobile Telephone Services; Wireless Internet Services
2) By Application: Household; Commercial
3) By Product: Voice; Data
4) By Technology: 3G; 4G; 5G
North America was the largest region in the global wireless telecommunication carriers market, accounting for 41% of the market in 2019. Asia Pacific was the second largest region accounting for 38% of the global wireless telecommunication carriers market. Africa was the smallest region in the global wireless telecommunication carriers market.
The biggest forthcoming change in the telecoms industry is the emergence of fifth-generation mobile networks (5G). 5G is expected to be much quicker than the present 4G. It will be some years before this technology becomes commercially available. The new generation mobile network is likely to provide the capacity needed to support the IoT(Internet Of Things) revolution. Low latency is another important feature expected from 5G.
Explore Full Report With Detailed TOC Here:
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Wireless Telecommunication Carriers Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
IrfanTamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
firstname.lastname@example.org | email@example.com