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(Wireless-NewsWire.Com, February 06, 2018 ) Market Highlights
The global integrated telecom infrastructure market is segmented on the basis of services, components, and infrastructure type. The services are sub-sub-segmented into professionals’ services, managed services, and technical services. Among these, the professional services lead the market. However, the technical services are projected to witness fast growth during the forecast period. On the basis of the component, the market is sub-segmented into optical component, power component, network component, telecom tower component, video component, and network management component. These component work in an integration to provide better calling and internet services. The segmentation is also done by infrastructure type under civil infrastructure, electrical infrastructure, network infrastructure, and management layer infrastructure. Among these, the management layer infrastructure leads the market segment by infrastructure type. The major factors that drive the growth of the integrated telecom infrastructure are the advancement in VoLTE and 5G technology. Additionally, the demand for smartphone is growing along with enhanced mobile communication technology. Thus the mobile operators are putting more efforts to reduce call drops, interrupted networks, data packet loss during data transmission. The integrated telecom infrastructure market is expected to reach USD 60 billion at a CAGR of 26% over the review period.
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Key Players:
Sone of the key players in the integrated telecom infrastructure market: Nu Tek India ltd. (India), Texas Instruments Inc (U.S.), CROC Inc (Russia), Tech Mahindra Limited (India), Huawei Technologies Co. Ltd (U.S.), Experis IT Pvt. Ltd, ZTE Corporation (China), Nokia Networks (Finland), NEC Corporation (Japan), Ericsson (Sweden), and Siemens AG (Germany).
The global Integrated Telecom Infrastructure Market is expected to reach USD 60 billion at a CAGR of 26% during the forecasted period 2018-2023.
Regional Analysis
The integrated telecom infrastructure regional analysis covers the geographical regions of North America, Europe, Asia Pacific and Rest of the world. Among these regions, Asia Pacific is leading the global market and is expected to shows the fastest growth during the forecast period due to the growing government spending to adopt VoLTE, 5G, and other advanced mobile telecommunication technologies. Countries like China, Japan, and India are investing heavily in the development of telecommunication infrastructure. India has launched its own independent satellites to provide a better geographical coverage and increase the global positioning system (GPS). India is also helping the countries like Bangladesh, Nepal, Bhutan, and Myanmar to develop the telecommunication infrastructure. On the other hand, Europe and North America are already matured market in integrated telecom infrastructure as these regions are the early adopters of these technologies and continue to show a steady growth. Europe shows a steady growth in the telecom infrastructure due to its European Union policies of no border restrictions. The mobile operators cover up the entire geographical segment of these countries. Also, the population and smartphone penetration of the regions is less than that of Asia Pacific. North America gets the third spot in the integrated telecom infrastructure due to the already established integrated mobile technologies. However, major upgrades are taking place in these regions to improve the communication and create a more integrated infrastructure.
Segmentation
The integrated telecom infrastructure market is segmented into services, components, and infrastructure type. On the basis of services, the market is further segmented into professional services, technical services, and managed services. The professional services includes network consulting (network designing and planning), system integration (network migration and transformation), and network optimization. The professional services lead market since they are the most used services and they serve as a backbone to the integrated telecom infrastructure. On the other hand, the technical services include, deployment (installation and commission), maintenance (repair and replacement), and support (helpdesk and trouble shooting). The technical service is growing at a fast rate owing to the lack of experienced and skilled labor encouraging the companies to adopt the automation of helpdesk support, troubleshooting, and installation. The managed services include network outsourcing, and hosted & managed services and applications.
On the basis of components, the market is segmented into power component, network component, telecom tower, video component, and network management component. The power component provides the required power to operate the electrical equipment like antenna receivers, antenna transmitters, network devices (routers, switches, modems) and transmission devices (repeaters, amplifiers). However, the network component is leading this market segment as it includes the LAN, MAN, and WAN technology required for the widespread of telecom network. In addition to network component, optical component plays an equally important role as it includes fiber optic cables, optical transmitters, and couplers. The Video component is expected to increase at a fast rate as this is the result of the advancement in VoLTE and 5G technology.
On the basis of infrastructure type, the market is sub-segmented in to civil infrastructure, electrical infrastructure, network infrastructure, and management layer infrastructure. These infrastructure are important in the overall operation of the telecommunication. The management layer infrastructure segment is growing at the fastest rate owing to constantly growing need for upgrades and maintenance.
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