The global wired telecommunication carriers market reached a value of nearly $949.32 million in 2021, having grown at a compound annual growth rate (CAGR) of 1.3% since 2016. The market is expected to grow from $949.32 million in 2021 to $1,184.21 million in 2026 at a rate of 4.5%. The market is then expected to $1,407.69 million in 2031 at a compound annual growth rate (CAGR) of 3.5%.
Growth in the historic period resulted from rise in demand for professional services business, favorable government initiatives, economic growth in emerging markets and increase in investments. The market was restrained by political uncertainties and geopolitical tension, susceptibility to hacking and effect of COVID-19 on companies.
Going forward increasing incidence of tech sector in expected to drive demand for wired telecommunication, rising urbanization and increasing investments. Factor that could hinder the growth of the wired telecommunication carriers market in the future include increasing wireless technology.
The wired telecommunication carriers market is segmented by type into broadband internet services, cable television distribution services, fixed telephony, direct to home services and other wired telecommunication carriers. The broadband internet services market was the largest segment of the wired telecommunication carriers market segmented by type, accounting for 39.0% of the total in 2021. Going forward, the other wired telecommunication carriers segment is expected to be the fastest growing segment in the wired telecommunication carriers market segmented by type, at a CAGR of 7.6% during 2021-2026.
The wired telecommunication carriers market is segmented by subscription type into basic, other subscription types and premium. The basic market was the largest segment of the wired telecommunication carriers market segmented by subscription type, accounting for 61.0% of the total in 2021. Going forward, the premium segment is expected to be the fastest growing segment in the wired telecommunication carriers market segmented by subscription type, at a CAGR of 4.9% during 2021-2026.
The wired telecommunication carriers market is segmented by application into household and commercial. The household market was the largest segment of the wired telecommunication carriers market segmented by application, accounting for 65.2% of the total in 2021. Going forward, the commercial segment is expected to be the fastest growing segment in the wired telecommunication carriers market segmented by application, at a CAGR of 5.7% during 2021-2026.
North America was the largest region in the wired telecommunication carriers market, accounting for 37.7% of the total in 2021. It was followed by Asia-Pacific, and then the other regions. Going forward, the fastest-growing regions in the wired telecommunication carriers market will be Asia-Pacific, and, Middle-East where growth will be at CAGRs of 6.6% and 5.7% respectively. These will be followed by South America, and, North America where the markets are expected to grow at CAGRs of 3.9% and 3.6% respectively.
The wired telecommunication carriers market is highly concentrated with a small number of global players dominating the market. The top ten competitors in the market made up to 30.17% of the total market in 2021. Verizon Communications Inc was the largest competitor with 7.04% of the market, followed by Deutsche Telekom AG with 6.33%, Comcast Corporation with 5.81%, AT&T Inc with 2.39%, BT Group Plc with 1.90%, Nippon Telegraph & Telephone Corp with 1.55%, America Movil SAB de CV with 1.49%, China Telecom Corporation Limited with 1.27%, Vodafone Group with 1.14% Orange SA with 1.13%.
The top opportunities in the wired telecommunication carriers market segmented by type will arise in the broadband internet services market segment, which will gain $123.2 billion of global annual sales by 2026. The top opportunities in the wired telecommunication carriers market segmented by subscription type will arise in the basic market segment, which will gain $136.8 billion of global annual sales by 2026. The top opportunities in the wired telecommunication carriers market segmented by application will arise in the household market segment, which will gain $129.8 billion of global annual sales by 2026. The wired telecommunication carriers market will gain the most in the USA at $64.5 billion.
Market-trend-based strategies for the wired telecommunication carriers market include heightened adoption of IoT telecommunications, DTH service providers introducing interactive TV to engage audiences, focus on use of fiber optic cables and strategic mergers and acquisitions.
Player-adopted strategies in the wired telecommunication carriers market include investing in new product launches and strategic collaborations and partnerships to strengthen their service offerings.
To take advantage of the opportunities, the publisher recommends the wired telecommunication carriers companies to increase adoption of internet of things (IoT), introduce interactive TV services, increase investment in fiber optic cables, expand in emerging economies, increase focus on strategic mergers and acquisitions, offer competitive prices, continue to use B2B promotions and focus on fast-growing end-users.
This report describes and explains the wired telecommunication carriers market and covers 2016-2021, termed the historic period, and 2021-2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
Growth in the historic period resulted from rise in demand for professional services business, favorable government initiatives, economic growth in emerging markets and increase in investments. The market was restrained by political uncertainties and geopolitical tension, susceptibility to hacking and effect of COVID-19 on companies.
Going forward increasing incidence of tech sector in expected to drive demand for wired telecommunication, rising urbanization and increasing investments. Factor that could hinder the growth of the wired telecommunication carriers market in the future include increasing wireless technology.
The wired telecommunication carriers market is segmented by type into broadband internet services, cable television distribution services, fixed telephony, direct to home services and other wired telecommunication carriers. The broadband internet services market was the largest segment of the wired telecommunication carriers market segmented by type, accounting for 39.0% of the total in 2021. Going forward, the other wired telecommunication carriers segment is expected to be the fastest growing segment in the wired telecommunication carriers market segmented by type, at a CAGR of 7.6% during 2021-2026.
The wired telecommunication carriers market is segmented by subscription type into basic, other subscription types and premium. The basic market was the largest segment of the wired telecommunication carriers market segmented by subscription type, accounting for 61.0% of the total in 2021. Going forward, the premium segment is expected to be the fastest growing segment in the wired telecommunication carriers market segmented by subscription type, at a CAGR of 4.9% during 2021-2026.
The wired telecommunication carriers market is segmented by application into household and commercial. The household market was the largest segment of the wired telecommunication carriers market segmented by application, accounting for 65.2% of the total in 2021. Going forward, the commercial segment is expected to be the fastest growing segment in the wired telecommunication carriers market segmented by application, at a CAGR of 5.7% during 2021-2026.
North America was the largest region in the wired telecommunication carriers market, accounting for 37.7% of the total in 2021. It was followed by Asia-Pacific, and then the other regions. Going forward, the fastest-growing regions in the wired telecommunication carriers market will be Asia-Pacific, and, Middle-East where growth will be at CAGRs of 6.6% and 5.7% respectively. These will be followed by South America, and, North America where the markets are expected to grow at CAGRs of 3.9% and 3.6% respectively.
The wired telecommunication carriers market is highly concentrated with a small number of global players dominating the market. The top ten competitors in the market made up to 30.17% of the total market in 2021. Verizon Communications Inc was the largest competitor with 7.04% of the market, followed by Deutsche Telekom AG with 6.33%, Comcast Corporation with 5.81%, AT&T Inc with 2.39%, BT Group Plc with 1.90%, Nippon Telegraph & Telephone Corp with 1.55%, America Movil SAB de CV with 1.49%, China Telecom Corporation Limited with 1.27%, Vodafone Group with 1.14% Orange SA with 1.13%.
The top opportunities in the wired telecommunication carriers market segmented by type will arise in the broadband internet services market segment, which will gain $123.2 billion of global annual sales by 2026. The top opportunities in the wired telecommunication carriers market segmented by subscription type will arise in the basic market segment, which will gain $136.8 billion of global annual sales by 2026. The top opportunities in the wired telecommunication carriers market segmented by application will arise in the household market segment, which will gain $129.8 billion of global annual sales by 2026. The wired telecommunication carriers market will gain the most in the USA at $64.5 billion.
Market-trend-based strategies for the wired telecommunication carriers market include heightened adoption of IoT telecommunications, DTH service providers introducing interactive TV to engage audiences, focus on use of fiber optic cables and strategic mergers and acquisitions.
Player-adopted strategies in the wired telecommunication carriers market include investing in new product launches and strategic collaborations and partnerships to strengthen their service offerings.
To take advantage of the opportunities, the publisher recommends the wired telecommunication carriers companies to increase adoption of internet of things (IoT), introduce interactive TV services, increase investment in fiber optic cables, expand in emerging economies, increase focus on strategic mergers and acquisitions, offer competitive prices, continue to use B2B promotions and focus on fast-growing end-users.
This report describes and explains the wired telecommunication carriers market and covers 2016-2021, termed the historic period, and 2021-2026 termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
Table of Contents
1. Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure7. Product/Service Analysis -Product/Service Examples22. Competitive Landscape And Company Profiles
6. Introduction and Market Characteristics
8. Supply Chain Analysis
9. Customer Information
10. Major Market Trends
11. Global Wired Telecommunication Carriers Market Size And Growth
12. Wired Telecommunication Carriers Market, Regional Analysis
13. Global Wired Telecommunication Carriers Market Segmentation
14. Market Comparison with Macro Economic Factors
15. Asia-Pacific Market
16. Western Europe Market
17. Eastern Europe Market
18. North America Market
19. South America Market
20. Middle East Market
21. Africa Market
23. Company Profiles
24. Key Mergers and Acquisitions
25. Market Background: Telecom Market Market
26. Market Opportunities And Strategies
27. Wired Telecommunication Carriers Market, Conclusions And Recommendations
28. Appendix
Executive Summary
Wired Telecommunication Carriers Global Market Opportunities And Strategies To 2031 from the publisher provides the strategists; marketers and senior management with the critical information they need to assess the global wired telecommunication carriers market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 48 geographies
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
- Create regional and country strategies on the basis of local data and analysis
- Identify growth segments for investment
- Outperform competitors using forecast data and the drivers and trends shaping the market
- Understand customers based on the latest market research findings
- Benchmark performance against key competitors
- Utilize the relationships between key data sets for superior strategizing
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider wired telecommunication carriers market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, defintions and explanations about the wired telecommunication carriers market
- Product Analysis - The product analysis section of the report describes the leading products in the market along with key features and differentiators for those products/services
- Supply Chain - The supply chain section of the report defines and explains the key players in the wired telecommunication carriers industry supply chain
- Customer Information- This section covers recent customers’ trends/preferences in the global wired telecommunication carriers market
- Key Trends - Highlights the major trends shaping the global wired telecommunication carriers market. This section also highlights likely future developments in the market
- Global Market Size And Growth - Global historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods
- Regional Analysis - Historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values and growth and market share comparison by region
- Market Segmentation - Contains the market values (2016-2031) and analysis for each segment by type, by subscription type, and by application, in the market
- Regional Market Size And Growth - Regional market size (2021), historic (2016-2021) and forecast (2021-2026), and (2026-2031) market values, and growth and market share comparison of countries within the region. This report includes information on the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players
- Key Mergers And Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years
- Market Background - This section describes the telecom market of which the wired telecommunication carriers market is a segment. This chapter includes the telecom market 2016-26 values, and regional analyses for the telecom market
- Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets
- Conclusions And Recommendations - Includes recommendations for wired telecommunication carriers providers in terms of product/service offerings, geographic expansion, marketing strategies and target groups
- Appendix - This section includes details on the NAICS codes covered, abbreviations, and currencies codes used in this report
Scope
Markets Covered
- 1) By Type: Broadband Internet Services; Fixed Telephony Services; Direct-To-Home (DTH) Services; Cable Television Distribution Services; Other Wired Telecommunication Carriers
- 2) By Subscription Type: Basic; Premium; Others
- 3) By Application: Household; Commercial
Countries: China; Japan; India; Australia; USA; Brazil; UK; Germany; France; Spain; Italy; Russia; South Korea; Singapore; Thailand; Indonesia; Vietnam; Philippines; Malaysia; New Zealand; Hong Kong; Belgium; Sweden; Austria; Denmark; Netherlands; Norway; Finland; Portugal; Switzerland; Ireland; Poland; Czech Republic; Romania; Canada; Mexico; Argentina; Peru; Colombia; Chile; Saudi Arabia; Turkey; UAE; Israel; South Africa; Egypt; Nigeria; Bangladesh; Iran; Ukraine
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; wired telecommunication carriers indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Verizon Communications Inc.
- Deutsche Telekom AG
- Comcast Corporation
- AT&T Inc.
- BT Group Plc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 365 |
| Published | November 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 949.32 Billion |
| Forecasted Market Value ( USD | $ 1407.69 Billion |
| Compound Annual Growth Rate | 4.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
