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Telecom Network Infrastructure Market is set to grow at a robust rate through 2032, primarily owing to the rapid commercialization of the 5G network.
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Telecom Network Infrastructure Market Trends, Size, Share, Growth, Research Report & Forecast 2032 Fuel Cell Market size worth $25.5bn by 2024
KeyInsights from Telecom Network Infrastructure Market : • Telecom Network Infrastructure Market is set to grow at a robust rate through 2032, primarily owing to the rapid commercialization of the 5G network. In addition, the growing demand for private LTE networks, coupled with the increasing adoption of SDN (Software defined Network) infrastructure will also fuel the market demand over the estimated timespan. • Overall, the telecom network infrastructure market has been bifurcated in terms of component, product, infrastructure, base station, service, connectivity technology, end user, and region. • On the basis of product, the telecom network infrastructure market is likely to be defined through the infrastructure components segment. This segment is set to witness steady growth between 2023 and 2032, primarily due to the rising penetration of wireless devices.
Continued... • The product proliferation is enabling telecom operators to upgrade their telecom infrastructure by deploying advanced infrastructure components such as managed switches, virtual routers, and next-generation firewalls. • In the context of infrastructure, the market has been characterized by the firewalls segment, which will rapidly expand through the estimated timeframe. The rising number of network security threats will drive the segmental growth. Since firewalls allow only authorized traffic, defined through the security policy of the enterprise, these devices are used at the frontline of a network and function as communication liaisons. • In terms of the base station, the microcell segment across the telecom network infrastructure market would grow substantially through 2032. The rising demand for better cellular coverage in crowded public places is fueling the demand for microcells. Microcells are being largely used in public places including railway stations, metros, and others.
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Continued... • Based on service, the market is expected to be identified through the support and maintenance segment. Since network infrastructure is becoming increasingly complex, enterprises need maintenance services that help them achieve optimal network performance. These services also support in maintaining resilience. • In the context of connectivity technology, the telecom network infrastructure market is characterized by the 3G segment, which is offers high-speed data services. The increasing demand for internet services has enabled telecom service providers shift to 3G cellular technology and will expand further during the estimated timespan. • In the regional context, the telecom network infrastructure market is anticipated to grow at a robust rate in the MEA region. The Middle Eastern and African nations are witnessing an increasing investment in digital transformation in the telecom sector.
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