Telecom Services Market Size to Grow by USD 625.5 billion from 2022 to 2027 |AT and T Inc., Bharti Airtel Ltd., BT Group Plc, China Mobile Ltd., and more among the key companies in the market- Technavio

Key Facts

- The consumer/residential segment will capture the highest revenue share in the global telecommunications services market in 2022 and is expected to remain the leader throughout the forecast period.
The emergence of 5G technology is expected to further increase demand for faster and more reliable cellular services, which will have a positive impact on the growth of the global telecommunications services market during the forecast period.
Population growth, economic development, urbanization, and digital transformation are boosting the demand for telecommunications services in APAC, which is likely to have a positive impact on the growth of the global telecommunications services market during the forecast period.
For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report Global Telecom Services Market – Market Dynamics Increased demand for broadband boosting the market - The popularity of the Internet has increased the demand for high-speed broadband connections.