The industrial internet market is projected to reach the market size of US$686.395 billion by the year 2024 from US$114.180 billion in 2018 growing at a CAGR of 27.43%. According to General Electric, Industrial Internet, also known as Industrial Internet of Things (IIoT) is the integration and linking of big data, analytical tools and wireless networks with physical and industrial equipment, or otherwise applying meta-level networking functions, to distributed systems. For example, machines in Read more...
The private LTE market is projected to grow at a CAGR of 24.35% during the forecast period, reaching a total market size of US$9.287 billion in 2024 from US$2.512 billion in 2018. Private LTE is envisioned as standards-based Long Term Evolution networks designed to serve specific enterprise business, government or educational purposes. Increasing adoption of isolation is boosting the market of private LTE. Increased demand for private LTE from industries for improved security for business appl Read more...
Telecom Electronic Manufacturing Services is designing and manufacturing of telecom electronics and providing related services on contract basis. The market for this is expected to have a significant growth driven by the rise in demand for communication devices and expansion of wireless communication. There is a trend of contract manufacturing or subcontracting in the telecom industry which is expected to positively affect the market growth. It offers a number of benefits such as reduced time to Read more...
In unusual circumstances, when human life and other values for society get exposed to some kind of dangers or risks, reliable communication becomes crucial to take place between first responders in order to alleviate damage; the type of communication that takes place in such critical circumstances is known as critical communication. Such critical circumstances include natural and man-made calamities which have substantiated to be extremely expensive for organizations across the globe. They have Read more...
The Virtual Private Network (VPN) Market is projected to grow at a CAGR of 6.39% to reach US$50.153 billion by 2024, from US$34.591 billion in 2018. The demand for VPNs will grow on account of the increasing cybercrime issues, as VPNs provide a secure and private network for individuals to access. In addition to this, many online services are acquiring VPN service providers to provide their own VPN services to users. However, since VPNs carry data to a different server before taking the user t Read more...
The global defence tactical radio market is projected to grow at a CAGR of 8.54% to reach US$14.957 billion by 2023, from US$8.928 billion in 2017. Communications is of the utmost in the military and defence sector so as to facilitate the transfer of information effectively. The major factors driving the demand for defence tactical radios are increasing expenditure by the military forces worldwide on establishing clear communication with the soldiers on the field and rising research and developm Read more...
The wireless mesh network market was valued at US$XX.XX billion in 2017 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2023. Continuous advancements in technology and solid growth of Internet of Things (IoT) across all major regions and industries are fueling the development of smart connected devices. Increasing bandwidth requirement among the end-users in order to realize the complete potential of these devices is increa Read more...
The network slicing market was valued at US$183.437 million in 2019 and is expected to grow at a CAGR of 18.08% over the forecast period to reach a market size of US$497.240 million by 2025. Proliferation of smartphones and other mobile devices has been exponentially increasing the mobile data traffic volumes, which is increasing the demand for technologies like network slicing to efficiently manage huge volumes of data. Increasing demand for high quality broadband services over mobile n Read more...
The SIP trunking services market was valued at US$ 8.803 billion in 2018 andis anticipated to grow at a CAGR of 12.21% during the period 2018-2024. Session Intiation Protocol (SIP) trunking is a method by which voice and other unified communication services are sent over the internet. The growing adoption of IP-based services over traditional PSTN services is the major factor that is driving the SIP trunking services market growth. The market is majorlydriven by rapid growth of cloud computing Read more...
The network management system market was valued at US$XX billion in 2017 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a market size of US$XX billion by 2023. The growth of this market is majorly attributed to rapid growth of network infrastructure globally. Huge investments by major players in the communication and technology industry into development of network infrastructure, is a major factor shaping the growth of this market. Increasing need among the end u Read more...
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