The Business Research Company’s latest report Telecom Infrastructure Equipment Global Market Report 2020 covers Telecom Infrastructure Equipment market drivers, Telecom Infrastructure Equipment market trends, Telecom Infrastructure Equipment market segments, Telecom Infrastructure Equipment market growth rate, Telecom Infrastructure Equipment market major players, and Telecom Infrastructure Equipment market size. The report provides in-depth analysis of the impact of COVID-19 on the Telecom Infrastructure Equipment industry, along with revised market numbers due to the effects of the coronavirus.
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Telecom Infrastructure Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global telecom infrastructure equipment market was worth $383.86 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 7.07% and reach $504.56 billion by 2023. The increase in the popularity of IoT devices among the populace has led to a rise in demand for telecommunications infrastructure equipment. IoT is becoming popular as a greater number of people are using smart devices and are mostly working on their errands, office work, communication, sending/receiving messages using smart devices thus overwriting the traditional way.
The report covers the Telecom Infrastructure Equipment market’s segments-
1) By Product Type: Switching Equipment, Bridges, Gateways And Routers, Others
2) By Infrastructure: Wireless, Wired Infrastructure.
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