The industrial internet market is projected to reach the market size of US$367.673 billion by the year 2024 from US$160.714 billion in 2018 growing at a CAGR of 14.79%. 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 inc Read more...
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$2.512 billion in 2018. Private LTE is envisioned as standards-based Long Term Evolution networks designed to serve specific enterprise business, government or educational purposes. Increasing adoption of isolation is boosting the market of private LTE. Increased demand for private LTE from industries for improved security for business applicatio Read more...
Telecom Electronic Manufacturing Services is designing and manufacturing of telecom electronics and providing related services on contract basis. The market for this is expected to have a significant growth driven by the rise in demand for communication devices and expansion of wireless communication. There is a trend of contract manufacturing or subcontracting in the telecom industry which is expected to positively affect the market growth. It offers a number of benefits such as reduced time to Read more...
In unusual circumstances, when human life and other values for society get exposed to some kind of dangers or risks, reliable communication becomes crucial to take place between first responders in order to alleviate damage; the type of communication that takes place in such critical circumstances is known as critical communication. Such critical circumstances include natural and man-made calamities which have substantiated to be extremely expensive for organizations across the globe. They have Read more...
The global broadcast equipment market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The major factors driving the demand for this equipment are the trend towards the adoption of UHD content and favourable government policies towards the technological upgradation of the broadcasting hardware. However, concerns regarding the bandwidth will hinder the growing demand for this equipment in the developing economies. Geographically, North A 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$XX.XX billion by 2023. Continuous advancements in technology and solid growth of Internet of Things (IoT) across all major regions and industries are fueling the development of smart connected devices. Increasing bandwidth requirement among the end-users in order to realize the complete potential of these devices is increa Read more...
The network slicing market was valued at US$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$XX.XX billion by 2023. Proliferation of smartphones and other mobile devices has been exponentially increasing the mobile data traffic volumes, which is increasing the demand for technologies like network slicing to efficiently manage huge volumes of data. Increasing demand for high quality broadband services over mobile network Read more...
The SIP trunking services market was valued at US$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$XX billion by 2023. The growth of this market is majorly being driven by rapid growth of cloud computing across the globe. Increasing adoption of cloud and unified communication systems by enterprises is increasing the demand for SIP trunking services, thus boosting the market growth. Market players are making significant investm Read more...
The network management system market was valued at US$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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