Overview and Scope
Telecom network infrastructure refers to the network of nodes connected by cables that make up telecom infrastructure, consisting of towers, and equipment. These are used to transmit audio, video, and data messages from an originating node to a destination node.
Sizing and Forecast
The telecom network infrastructure market size has grown strongly in recent years. It will grow from $94.1 billion in 2023 to $100.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to mobile revolution, internet expansion, evolution of communication standards, cloud computing and data centers, network virtualization and sdn.
The telecom network infrastructure market size is expected to see strong growth in the next few years. It will grow to $130.72 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to 5g deployment and expansion, edge computing growth, iot and connected devices, network security concerns, cloud and data center expansion, ai and network optimization. Major trends in the forecast period include virtualization and software-defined networking (sdn), edge computing adoption, rise of iot connectivity, security and privacy emphasis, cloud service expansion.
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Segmentation & Regional Insights
The telecom network infrastructure market covered in this report is segmented –
1) By Component: Product, Service
2) By Connectivity Technology: 2G, 3G, 4G or LTE, 5G
3) By End Users: Telecom Operators, Enterprises
Asia-Pacific was the largest region in the telecom network infrastructure market in 2023. The regions covered in the telecom network infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Rising smartphone penetration is expected to boost the growth of the telecom network infrastructure market going forward. Smartphone penetration rate refers to a metric for estimating mobile phone usage in a nation, specifically the proportion of SIM cards to the population. Telecom network infrastructure permits wireless communication utilizing portable electronics such as smartphones, tablets, or mobile phones. For instance, in February 2021, according to the report shared by DataReportal, a Singapore-based online reference library, in China, there were 1.61 billion mobile connections in January 2021. Between January 2020 and January 2021, there were 8.0 million more mobile connections in China (+0.5%). Since many people have multiple mobile connections, the number of mobile connections in China in January 2021 was equal to 111.8% of the country’s entire population. Therefore, rising smartphone penetration is driving the growth of the telecom network infrastructure market.
Key Industry Players
Major companies operating in the telecom network infrastructure market are focused on developing innovative solutions such as 5G vRAN to expand their customer base and meet the growing need for high-speed network infrastructure. 5G virtualized Radio Access Network (vRAN) is a network architecture that uses virtualization technologies to separate and centralize the processing functions of the RAN, providing flexibility and scalability in deploying 5G networks. For instance, in February 2023, Fujitsu Limited, a Japan-based information and communications technology company, launched a novel 5G virtualized Radio Access Network (vRAN) solution, merging its virtualized CU (central unit) and virtualized DU (distributed unit) with NVIDIA’s GPU technology. Developed under the “”5G Open RAN Ecosystem”” (OREC) initiative, the solution leverages NVIDIA’s GPU processing engine, specifically the “”NVIDIA A100X,”” for physical layer processing at the base station. This innovative approach allows parallel processing of virtualized base stations and edge applications on GPU hardware, creating an integrated configuration on the same server. This design enables telecom carriers to establish a flexible open network with a streamlined device setup capable of accommodating various functions. The solution enhances radio unit (RU) capacity and processing power, ensuring a high-quality communication environment, and is adept at managing data processing loads while accommodating future advancements in antenna technologies. Fujitsu envisions that this solution will contribute significantly to the global expansion of open 5G networks.
The telecom network infrastructure market report table of contents includes
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