The wired telecommunication carriers market size has grown steadily in recent years. It will grow from $1050.12 billion in 2023 to $1082.84 billion in 2024 at a compound annual growth rate (CAGR) of 3.1%. The expansion observed in the historical period can be attributed to factors such as the rise in demand for professional services businesses, favorable government initiatives, economic growth in emerging markets, and increased investments.
The wired telecommunication carriers market size is expected to see steady growth in the next few years. It will grow to $1240.56 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The anticipated growth in the forecast period can be attributed to factors such as the increasing incidence of the tech sector expected to drive demand for wired telecommunication, rising urbanization, and increasing investments. Major trends in the forecast period include heightened adoption of IoT telecommunications, DTH service providers introducing interactive TV to engage audiences, a focus on the use of fiber optic cables, and strategic mergers and acquisitions.
The growth of the wired telecommunication carriers market is supported by the anticipated stable economic growth in both developed and developing countries. The International Monetary Fund (IMF) reported a global GDP growth of 3.3% in 2020 and 3.4% in 2021, and this positive trend is expected to continue. The recovery of commodity prices following a significant historic decline is also foreseen to contribute to market growth. Developed economies are projected to experience stable growth, while emerging markets are anticipated to grow slightly faster than their developed counterparts during the forecast period. This stable economic growth is expected to drive investments in end-user markets, providing momentum to the wired telecommunication carriers market.
The growth of the wired telecommunication carriers market is further expected to be fueled by the increasing number of mobile internet subscribers. Mobile internet subscribers, actively using mobile services to access the internet, are supported by wired telecommunications carriers through infrastructure and services such as broadband internet and Direct-To-Home (DTH) Services. According to The GSM Association, the number of mobile internet subscribers is projected to rise from 4.2 billion in 2021 to 5.0 billion in 2025, emphasizing the significant role of wired telecommunications carriers in facilitating mobile internet connectivity.
Wired telecommunications companies are evolving their service offerings beyond fixed line and DSL internet services. They are adopting a multi-function system approach by integrating additional services such as internet broadband and television satellite connections. This strategy enhances consumer engagement, as subscribers receiving internet and voice telephony are more likely to opt for IPTV, video on demand, and pay television services. Notably, companies such as AT&T have expanded their offerings by acquiring DirecTV pay-tv services to cater to a broader range of consumer needs.
Major players in the wired telecommunication carriers industry are embracing strategic partnerships to deliver essential communication services to individuals, businesses, and governments. Strategic partnerships involve leveraging each other's strengths and resources for mutual benefits and success. For instance, in June 2023, Nokia Corporation, a Finnish telecommunications company, joined forces with Red Hat Inc., a US-based software company, to develop innovative solutions for wired telecommunications carriers. This collaboration aims to build and deploy more agile, scalable, and efficient networks, provide innovative solutions for 5G networks, and enhance cost efficiency.
In May 2021, Deutsche Telekom AG, a German telecommunications company, announced the planned acquisition of majority stakes in T-Mobile by 2024, although the exact amount was undisclosed. This strategic move is expected to enable Deutsche Telekom to expand its fiberglass broadband internet to 10 million customers and achieve nearly nationwide coverage by 2024. T-Mobile, a US-based telecommunications services provider, is set to play a key role in this expansion.
Major companies operating in the wired telecommunication carriers market report are Verizon Communications Inc., Deutsche Telekom AG, Comcast Corporation, AT&T Inc., BT Group Plc., Nippon Telegraph & Telephone Corp, America Movil SAB de CV, China Telecom Corporation Limited, Vodafone Group, Orange SA, Bharti Airtel Ltd., GTL Infrastrtucture Ltd., Himachal Futuristic Communications Ltd., Indus Towers Ltd., Mahanagar Telephone Nigam Ltd. (MTNL), Reliance Jio Infocomm Ltd., Tata Communications Ltd., Tata Teleservices Maharashtra Ltd., Tejas Networks Ltd., Vodafone Idea Ltd., China Tower Corporation, Shanghai Oriental Pearl Group, China Unicom, China Satellite Communications, Telefonica SA, T-Mobile, Polkomtel, Beeline, MegaFon, Mobile TeleSystems, Tele2, Spectrum, Frontier, CenturyLink, AT&T, Bell, Movistar, Telecentro, Supercanal, Claro Americas, Embratel, Intelig Telecom, Universo Online (UOL), Global Village Telecom, Emirates Integrated Telecommunications Company PJS, Etisalat, General Authority for Regulating the Telecommunica, NourNet, Sahara Net, Wafai Net, Saudi Telecom Company (STC), Mawarid Electronics LTD (MEL), Technology Solutions Services (TSS), Applied Technologies Company (Apptec), Backspace Technologies (Pty) Ltd., WISPA (Pty) Ltd., Woeke Communications CC, Siyaphambili Telecoms (Pty) Ltd., SMD Telecommunications (Pty) Ltd., Spectrum Communications (Pty) Ltd., Vlocity Communications (Pty) Ltd., Rain Group Holdings (RF) (Pty) Ltd., Business Communication Systems CC, ONENEBULA (Pty) Ltd.
North America was the largest region in wired telecommunication carriers market in 2023. Asia-Pacific was the second largest region in wired telecommunication carriers market. The regions covered in the wired telecommunication carriers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wired telecommunication carriers market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The primary types of services in wired telecommunications carriers include broadband internet services, fixed telephony services, and Direct-To-Home (DTH) Services. Broadband internet services are retail services used to transmit and receive data over a high-speed internet connection. Various subscription plans, such as basic, premium, and others, cater to applications in households and commercial settings.
The wireless telecommunications carriers market research report is one of a series of new reports that provides wireless telecommunications carriers market statistics, including wireless telecommunications carriers industry global market size, regional shares, competitors with a wireless telecommunications carriers market share, detailed wireless telecommunications carriers market segments, market trends and opportunities, and any further data you may need to thrive in the wireless telecommunications carriers industry. This wireless telecommunications carriers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wired telecommunications carriers market includes revenues earned by entities by providing services for local and long-distance voice calling, sound and video transmission, cable TV, and internet services over fixed-line networks. Companies in the wired telecommunications industry may own and maintain networks, share a network or lease a network from other companies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The wired telecommunication carriers market size is expected to see steady growth in the next few years. It will grow to $1240.56 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The anticipated growth in the forecast period can be attributed to factors such as the increasing incidence of the tech sector expected to drive demand for wired telecommunication, rising urbanization, and increasing investments. Major trends in the forecast period include heightened adoption of IoT telecommunications, DTH service providers introducing interactive TV to engage audiences, a focus on the use of fiber optic cables, and strategic mergers and acquisitions.
The growth of the wired telecommunication carriers market is supported by the anticipated stable economic growth in both developed and developing countries. The International Monetary Fund (IMF) reported a global GDP growth of 3.3% in 2020 and 3.4% in 2021, and this positive trend is expected to continue. The recovery of commodity prices following a significant historic decline is also foreseen to contribute to market growth. Developed economies are projected to experience stable growth, while emerging markets are anticipated to grow slightly faster than their developed counterparts during the forecast period. This stable economic growth is expected to drive investments in end-user markets, providing momentum to the wired telecommunication carriers market.
The growth of the wired telecommunication carriers market is further expected to be fueled by the increasing number of mobile internet subscribers. Mobile internet subscribers, actively using mobile services to access the internet, are supported by wired telecommunications carriers through infrastructure and services such as broadband internet and Direct-To-Home (DTH) Services. According to The GSM Association, the number of mobile internet subscribers is projected to rise from 4.2 billion in 2021 to 5.0 billion in 2025, emphasizing the significant role of wired telecommunications carriers in facilitating mobile internet connectivity.
Wired telecommunications companies are evolving their service offerings beyond fixed line and DSL internet services. They are adopting a multi-function system approach by integrating additional services such as internet broadband and television satellite connections. This strategy enhances consumer engagement, as subscribers receiving internet and voice telephony are more likely to opt for IPTV, video on demand, and pay television services. Notably, companies such as AT&T have expanded their offerings by acquiring DirecTV pay-tv services to cater to a broader range of consumer needs.
Major players in the wired telecommunication carriers industry are embracing strategic partnerships to deliver essential communication services to individuals, businesses, and governments. Strategic partnerships involve leveraging each other's strengths and resources for mutual benefits and success. For instance, in June 2023, Nokia Corporation, a Finnish telecommunications company, joined forces with Red Hat Inc., a US-based software company, to develop innovative solutions for wired telecommunications carriers. This collaboration aims to build and deploy more agile, scalable, and efficient networks, provide innovative solutions for 5G networks, and enhance cost efficiency.
In May 2021, Deutsche Telekom AG, a German telecommunications company, announced the planned acquisition of majority stakes in T-Mobile by 2024, although the exact amount was undisclosed. This strategic move is expected to enable Deutsche Telekom to expand its fiberglass broadband internet to 10 million customers and achieve nearly nationwide coverage by 2024. T-Mobile, a US-based telecommunications services provider, is set to play a key role in this expansion.
Major companies operating in the wired telecommunication carriers market report are Verizon Communications Inc., Deutsche Telekom AG, Comcast Corporation, AT&T Inc., BT Group Plc., Nippon Telegraph & Telephone Corp, America Movil SAB de CV, China Telecom Corporation Limited, Vodafone Group, Orange SA, Bharti Airtel Ltd., GTL Infrastrtucture Ltd., Himachal Futuristic Communications Ltd., Indus Towers Ltd., Mahanagar Telephone Nigam Ltd. (MTNL), Reliance Jio Infocomm Ltd., Tata Communications Ltd., Tata Teleservices Maharashtra Ltd., Tejas Networks Ltd., Vodafone Idea Ltd., China Tower Corporation, Shanghai Oriental Pearl Group, China Unicom, China Satellite Communications, Telefonica SA, T-Mobile, Polkomtel, Beeline, MegaFon, Mobile TeleSystems, Tele2, Spectrum, Frontier, CenturyLink, AT&T, Bell, Movistar, Telecentro, Supercanal, Claro Americas, Embratel, Intelig Telecom, Universo Online (UOL), Global Village Telecom, Emirates Integrated Telecommunications Company PJS, Etisalat, General Authority for Regulating the Telecommunica, NourNet, Sahara Net, Wafai Net, Saudi Telecom Company (STC), Mawarid Electronics LTD (MEL), Technology Solutions Services (TSS), Applied Technologies Company (Apptec), Backspace Technologies (Pty) Ltd., WISPA (Pty) Ltd., Woeke Communications CC, Siyaphambili Telecoms (Pty) Ltd., SMD Telecommunications (Pty) Ltd., Spectrum Communications (Pty) Ltd., Vlocity Communications (Pty) Ltd., Rain Group Holdings (RF) (Pty) Ltd., Business Communication Systems CC, ONENEBULA (Pty) Ltd.
North America was the largest region in wired telecommunication carriers market in 2023. Asia-Pacific was the second largest region in wired telecommunication carriers market. The regions covered in the wired telecommunication carriers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wired telecommunication carriers market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The primary types of services in wired telecommunications carriers include broadband internet services, fixed telephony services, and Direct-To-Home (DTH) Services. Broadband internet services are retail services used to transmit and receive data over a high-speed internet connection. Various subscription plans, such as basic, premium, and others, cater to applications in households and commercial settings.
The wireless telecommunications carriers market research report is one of a series of new reports that provides wireless telecommunications carriers market statistics, including wireless telecommunications carriers industry global market size, regional shares, competitors with a wireless telecommunications carriers market share, detailed wireless telecommunications carriers market segments, market trends and opportunities, and any further data you may need to thrive in the wireless telecommunications carriers industry. This wireless telecommunications carriers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wired telecommunications carriers market includes revenues earned by entities by providing services for local and long-distance voice calling, sound and video transmission, cable TV, and internet services over fixed-line networks. Companies in the wired telecommunications industry may own and maintain networks, share a network or lease a network from other companies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Wired Telecommunication Carriers Market Characteristics4. Wired Telecommunication Carriers Market Trends and Strategies68. Global Wired Telecommunication Carriers Market Competitive Benchmarking69. Global Wired Telecommunication Carriers Market Competitive Dashboard70. Key Mergers and Acquisitions in the Wired Telecommunication Carriers Market
3. Wired Telecommunication Carriers Product/Service Analysis -Product/Service Examples
5. Wired Telecommunication Carriers Market - Macro Economic Scenario
6. Global Wired Telecommunication Carriers Market Size and Growth
7. Wired Telecommunication Carriers Market Segmentation
8. Wired Telecommunication Carriers Market Regional and Country Analysis
9. Asia-Pacific Wired Telecommunication Carriers Market
10. China Wired Telecommunication Carriers Market
11. India Wired Telecommunication Carriers Market
12. Japan Wired Telecommunication Carriers Market
13. Australia Wired Telecommunication Carriers Market
14. Indonesia Wired Telecommunication Carriers Market
15. South Korea Wired Telecommunication Carriers Market
16. Bangladesh Wired Telecommunication Carriers Market
17. Thailand Wired Telecommunication Carriers Market
18. Vietnam Wired Telecommunication Carriers Market
19. Malaysia Wired Telecommunication Carriers Market
20. Singapore Wired Telecommunication Carriers Market
21. Philippines Wired Telecommunication Carriers Market
22. Hong kong Wired Telecommunication Carriers Market
23. New Zealand Wired Telecommunication Carriers Market
24. Western Europe Wired Telecommunication Carriers Market
25. UK Wired Telecommunication Carriers Market
26. Germany Wired Telecommunication Carriers Market
27. France Wired Telecommunication Carriers Market
28. Italy Wired Telecommunication Carriers Market
29. Spain Wired Telecommunication Carriers Market
30. Austria Wired Telecommunication Carriers Market
31. Belgium Wired Telecommunication Carriers Market
32. Denmark Wired Telecommunication Carriers Market
33. Finland Wired Telecommunication Carriers Market
34. Ireland Wired Telecommunication Carriers Market
35. Netherlands Wired Telecommunication Carriers Market
36. Norway Wired Telecommunication Carriers Market
37. Portugal Wired Telecommunication Carriers Market
38. Sweden Wired Telecommunication Carriers Market
39. Switzerland Wired Telecommunication Carriers Market
40. Eastern Europe Wired Telecommunication Carriers Market
41. Russia Wired Telecommunication Carriers Market
42. Czech Republic Wired Telecommunication Carriers Market
43. Poland Wired Telecommunication Carriers Market
44. Romania Wired Telecommunication Carriers Market
45. Ukraine Wired Telecommunication Carriers Market
46. North America Wired Telecommunication Carriers Market
47. USA Wired Telecommunication Carriers Market
48. Canada Wired Telecommunication Carriers Market
49. Mexico Wired Telecommunication Carriers Market
50. South America Wired Telecommunication Carriers Market
51. Brazil Wired Telecommunication Carriers Market
52. Chile Wired Telecommunication Carriers Market
53. Argentina Wired Telecommunication Carriers Market
54. Colombia Wired Telecommunication Carriers Market
55. Peru Wired Telecommunication Carriers Market
56. Middle East Wired Telecommunication Carriers Market
57. Saudi Arabia Wired Telecommunication Carriers Market
58. Israel Wired Telecommunication Carriers Market
59. Iran Wired Telecommunication Carriers Market
60. Turkey Wired Telecommunication Carriers Market
61. United Arab Emirates Wired Telecommunication Carriers Market
62. Africa Wired Telecommunication Carriers Market
63. Egypt Wired Telecommunication Carriers Market
64. Nigeria Wired Telecommunication Carriers Market
65. South Africa Wired Telecommunication Carriers Market
66. Wired Telecommunication Carriers Market Competitive Landscape and Company Profiles
67. Wired Telecommunication Carriers Market Other Major and Innovative Companies
71. Wired Telecommunication Carriers Market Future Outlook and Potential Analysis
72. Appendix
Executive Summary
Wired Telecommunication Carriers Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on wired telecommunication carriers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- 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 shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for wired telecommunication carriers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
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.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Type: Broadband Internet Services; Fixed Telephony Services; Direct-To-Home(DTH) Services
2) By Subscription Type: Basic; Premium; Other Subscription Types
3) By Application: Household; Commercial
Sub segments: Basic; Premium; Other Subscription Types; Household; Commercial
Key Companies Mentioned: Verizon Communications Inc.; Deutsche Telekom AG; Comcast Corporation; AT&T Inc; BT Group Plc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
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
Data Segmentation: 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
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Verizon Communications Inc.
- Deutsche Telekom AG
- Comcast Corporation
- AT&T Inc
- BT Group Plc.
- Nippon Telegraph & Telephone Corp
- America Movil SAB de CV
- China Telecom Corporation Limited
- Vodafone Group
- Orange SA
- Bharti Airtel Ltd
- GTL Infrastrtucture Ltd
- Himachal Futuristic Communications Ltd.
- Indus Towers Ltd
- Mahanagar Telephone Nigam Ltd. (MTNL)
- Reliance Jio Infocomm Ltd
- Tata Communications Ltd
- Tata Teleservices Maharashtra Ltd
- Tejas Networks Ltd
- Vodafone Idea Ltd
- China Tower Corporation
- Shanghai Oriental Pearl Group
- China Unicom
- China Satellite Communications
- Telefonica SA
- T-Mobile
- Polkomtel
- Beeline, MegaFon
- Mobile TeleSystems
- Tele2
- Spectrum
- Frontier
- CenturyLink, AT&T
- Bell,
- Movistar
- Telecentro, Supercanal
- Claro Americas
- Embratel
- Intelig Telecom
- Universo Online (UOL)
- Global Village Telecom
- Emirates Integrated Telecommunications Company PJS
- Etisalat
- General Authority for Regulating the Telecommunica, NourNet
- Sahara Net, Wafai Net
- Saudi Telecom Company (STC)
- Mawarid Electronics LTD (MEL)
- Technology Solutions Services (TSS)
- Applied Technologies Company (Apptec)
- Backspace Technologies (Pty) Ltd
- WISPA (Pty) Ltd
- Woeke Communications CC
- Siyaphambili Telecoms (Pty) Ltd
- SMD Telecommunications (Pty) Ltd
- Spectrum Communications (Pty) Ltd
- Vlocity Communications (Pty) Ltd
- Rain Group Holdings (RF) (Pty) Ltd
- Business Communication Systems CC
- ONENEBULA (Pty) Ltd
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1082.84 Billion |
Forecasted Market Value ( USD | $ 1240.56 Billion |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |
No. of Companies Mentioned | 59 |