The global market for Telecom was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

Telecommunications, or telecommunications (English: Telecommunication), is a way of communication using electromagnetic equipment to transmit information by wire, radio or light. Telecommunications originated in cable telegram and cable telephone invented in nineteenth Century. The invention of radio in twentieth Century and the emergence and development of electronic tubes, transistors and integrated circuits brought telecommunications to a new period of development. The applications of wireless telegraphy, broadcasting, television, satellite communications, data communications, fiber communication, and the Internet, etc. Profound changes have taken place in the human society.

The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.

According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.

This report aims to provide a comprehensive presentation of the global market for Telecom, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Telecom.

The Telecom market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Telecom market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Telecom companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Telecom Market Report

Report Metric	Details
Report Name	Telecom Market
Segment by Type	RF-Based NB-IoT LPWAN
Segment by Application	Industrial Production Transportation Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	AT&T, Verizon, China Mobile, NTT, Deutsche Telekom, China Telecom, Telefonica, Softbank, Vodafone, Orange
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Telecom company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

What is the Telecom Market share by region?

Ans: According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year.

Who are the main players in the Telecom Market report?

Ans: The main players in the Telecom Market are AT&T, Verizon, China Mobile, NTT, Deutsche Telekom, China Telecom, Telefonica, Softbank, Vodafone, Orange

What are the Application segmentation covered in the Telecom Market report?

Ans: The Applications covered in the Telecom Market report are Industrial Production, Transportation, Others

What are the Type segmentation covered in the Telecom Market report?

Ans: The Types covered in the Telecom Market report are RF-Based, NB-IoT, LPWAN

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Telecom Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 RF-Based

1.2.3 NB-IoT

1.2.4 LPWAN

1.3 Market by Application

1.3.1 Global Telecom Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Industrial Production

1.3.3 Transportation

1.3.4 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Telecom Market Perspective (2020-2031)

2.2 Global Telecom Growth Trends by Region

2.2.1 Global Telecom Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Telecom Historic Market Size by Region (2020-2025)

2.2.3 Telecom Forecasted Market Size by Region (2026-2031)

2.3 Telecom Market Dynamics

2.3.1 Telecom Industry Trends

2.3.2 Telecom Market Drivers

2.3.3 Telecom Market Challenges

2.3.4 Telecom Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Telecom Players by Revenue

3.1.1 Global Top Telecom Players by Revenue (2020-2025)

3.1.2 Global Telecom Revenue Market Share by Players (2020-2025)

3.2 Global Telecom Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Telecom Revenue

3.4 Global Telecom Market Concentration Ratio

3.4.1 Global Telecom Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Telecom Revenue in 2024

3.5 Global Key Players of Telecom Head office and Area Served

3.6 Global Key Players of Telecom, Product and Application

3.7 Global Key Players of Telecom, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Telecom Breakdown Data by Type

4.1 Global Telecom Historic Market Size by Type (2020-2025)

4.2 Global Telecom Forecasted Market Size by Type (2026-2031)

5 Telecom Breakdown Data by Application

5.1 Global Telecom Historic Market Size by Application (2020-2025)

5.2 Global Telecom Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Telecom Market Size (2020-2031)

6.2 North America Telecom Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Telecom Market Size by Country (2020-2025)

6.4 North America Telecom Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Telecom Market Size (2020-2031)

7.2 Europe Telecom Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Telecom Market Size by Country (2020-2025)

7.4 Europe Telecom Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Telecom Market Size (2020-2031)

8.2 Asia-Pacific Telecom Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Telecom Market Size by Region (2020-2025)

8.4 Asia-Pacific Telecom Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Telecom Market Size (2020-2031)

9.2 Latin America Telecom Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Telecom Market Size by Country (2020-2025)

9.4 Latin America Telecom Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Telecom Market Size (2020-2031)

10.2 Middle East & Africa Telecom Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Telecom Market Size by Country (2020-2025)

10.4 Middle East & Africa Telecom Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 AT&T

11.1.1 AT&T Company Details

11.1.2 AT&T Business Overview

11.1.3 AT&T Telecom Introduction

11.1.4 AT&T Revenue in Telecom Business (2020-2025)

11.1.5 AT&T Recent Development

11.2 Verizon

11.2.1 Verizon Company Details

11.2.2 Verizon Business Overview

11.2.3 Verizon Telecom Introduction

11.2.4 Verizon Revenue in Telecom Business (2020-2025)

11.2.5 Verizon Recent Development

11.3 China Mobile

11.3.1 China Mobile Company Details

11.3.2 China Mobile Business Overview

11.3.3 China Mobile Telecom Introduction

11.3.4 China Mobile Revenue in Telecom Business (2020-2025)

11.3.5 China Mobile Recent Development

11.4 NTT

11.4.1 NTT Company Details

11.4.2 NTT Business Overview

11.4.3 NTT Telecom Introduction

11.4.4 NTT Revenue in Telecom Business (2020-2025)

11.4.5 NTT Recent Development

11.5 Deutsche Telekom

11.5.1 Deutsche Telekom Company Details

11.5.2 Deutsche Telekom Business Overview

11.5.3 Deutsche Telekom Telecom Introduction

11.5.4 Deutsche Telekom Revenue in Telecom Business (2020-2025)

11.5.5 Deutsche Telekom Recent Development

11.6 China Telecom

11.6.1 China Telecom Company Details

11.6.2 China Telecom Business Overview

11.6.3 China Telecom Telecom Introduction

11.6.4 China Telecom Revenue in Telecom Business (2020-2025)

11.6.5 China Telecom Recent Development

11.7 Telefonica

11.7.1 Telefonica Company Details

11.7.2 Telefonica Business Overview

11.7.3 Telefonica Telecom Introduction

11.7.4 Telefonica Revenue in Telecom Business (2020-2025)

11.7.5 Telefonica Recent Development

11.8 Softbank

11.8.1 Softbank Company Details

11.8.2 Softbank Business Overview

11.8.3 Softbank Telecom Introduction

11.8.4 Softbank Revenue in Telecom Business (2020-2025)

11.8.5 Softbank Recent Development

11.9 Vodafone

11.9.1 Vodafone Company Details

11.9.2 Vodafone Business Overview

11.9.3 Vodafone Telecom Introduction

11.9.4 Vodafone Revenue in Telecom Business (2020-2025)

11.9.5 Vodafone Recent Development

11.10 Orange

11.10.1 Orange Company Details

11.10.2 Orange Business Overview

11.10.3 Orange Telecom Introduction

11.10.4 Orange Revenue in Telecom Business (2020-2025)

11.10.5 Orange Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

List of Tables

Table 1. Global Telecom Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of RF-Based

Table 3. Key Players of NB-IoT

Table 4. Key Players of LPWAN

Table 5. Global Telecom Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 6. Global Telecom Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 7. Global Telecom Market Size by Region (2020-2025) & (US$ Million)

Table 8. Global Telecom Market Share by Region (2020-2025)

Table 9. Global Telecom Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 10. Global Telecom Market Share by Region (2026-2031)

Table 11. Telecom Market Trends

Table 12. Telecom Market Drivers

Table 13. Telecom Market Challenges

Table 14. Telecom Market Restraints

Table 15. Global Telecom Revenue by Players (2020-2025) & (US$ Million)

Table 16. Global Telecom Market Share by Players (2020-2025)

Table 17. Global Top Telecom Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Telecom as of 2024)

Table 18. Ranking of Global Top Telecom Companies by Revenue (US$ Million) in 2024

Table 19. Global 5 Largest Players Market Share by Telecom Revenue (CR5 and HHI) & (2020-2025)

Table 20. Global Key Players of Telecom, Headquarters and Area Served

Table 21. Global Key Players of Telecom, Product and Application

Table 22. Global Key Players of Telecom, Date of Enter into This Industry

Table 23. Mergers & Acquisitions, Expansion Plans

Table 24. Global Telecom Market Size by Type (2020-2025) & (US$ Million)

Table 25. Global Telecom Revenue Market Share by Type (2020-2025)

Table 26. Global Telecom Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 27. Global Telecom Revenue Market Share by Type (2026-2031)

Table 28. Global Telecom Market Size by Application (2020-2025) & (US$ Million)

Table 29. Global Telecom Revenue Market Share by Application (2020-2025)

Table 30. Global Telecom Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 31. Global Telecom Revenue Market Share by Application (2026-2031)

Table 32. North America Telecom Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 33. North America Telecom Market Size by Country (2020-2025) & (US$ Million)

Table 34. North America Telecom Market Size by Country (2026-2031) & (US$ Million)

Table 35. Europe Telecom Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 36. Europe Telecom Market Size by Country (2020-2025) & (US$ Million)

Table 37. Europe Telecom Market Size by Country (2026-2031) & (US$ Million)

Table 38. Asia-Pacific Telecom Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 39. Asia-Pacific Telecom Market Size by Region (2020-2025) & (US$ Million)

Table 40. Asia-Pacific Telecom Market Size by Region (2026-2031) & (US$ Million)

Table 41. Latin America Telecom Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 42. Latin America Telecom Market Size by Country (2020-2025) & (US$ Million)

Table 43. Latin America Telecom Market Size by Country (2026-2031) & (US$ Million)

Table 44. Middle East & Africa Telecom Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 45. Middle East & Africa Telecom Market Size by Country (2020-2025) & (US$ Million)

Table 46. Middle East & Africa Telecom Market Size by Country (2026-2031) & (US$ Million)

Table 47. AT&T Company Details

Table 48. AT&T Business Overview

Table 49. AT&T Telecom Product

Table 50. AT&T Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 51. AT&T Recent Development

Table 52. Verizon Company Details

Table 53. Verizon Business Overview

Table 54. Verizon Telecom Product

Table 55. Verizon Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 56. Verizon Recent Development

Table 57. China Mobile Company Details

Table 58. China Mobile Business Overview

Table 59. China Mobile Telecom Product

Table 60. China Mobile Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 61. China Mobile Recent Development

Table 62. NTT Company Details

Table 63. NTT Business Overview

Table 64. NTT Telecom Product

Table 65. NTT Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 66. NTT Recent Development

Table 67. Deutsche Telekom Company Details

Table 68. Deutsche Telekom Business Overview

Table 69. Deutsche Telekom Telecom Product

Table 70. Deutsche Telekom Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 71. Deutsche Telekom Recent Development

Table 72. China Telecom Company Details

Table 73. China Telecom Business Overview

Table 74. China Telecom Telecom Product

Table 75. China Telecom Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 76. China Telecom Recent Development

Table 77. Telefonica Company Details

Table 78. Telefonica Business Overview

Table 79. Telefonica Telecom Product

Table 80. Telefonica Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 81. Telefonica Recent Development

Table 82. Softbank Company Details

Table 83. Softbank Business Overview

Table 84. Softbank Telecom Product

Table 85. Softbank Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 86. Softbank Recent Development

Table 87. Vodafone Company Details

Table 88. Vodafone Business Overview

Table 89. Vodafone Telecom Product

Table 90. Vodafone Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 91. Vodafone Recent Development

Table 92. Orange Company Details

Table 93. Orange Business Overview

Table 94. Orange Telecom Product

Table 95. Orange Revenue in Telecom Business (2020-2025) & (US$ Million)

Table 96. Orange Recent Development

Table 97. Research Programs/Design for This Report

Table 98. Key Data Information from Secondary Sources

Table 99. Key Data Information from Primary Sources

Table 100. Authors List of This Report

List of Figures

Figure 1. Telecom Picture

Figure 2. Global Telecom Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Telecom Market Share by Type: 2024 VS 2031

Figure 4. RF-Based Features

Figure 5. NB-IoT Features

Figure 6. LPWAN Features

Figure 7. Global Telecom Market Size by Application (2020-2031) & (US$ Million)

Figure 8. Global Telecom Market Share by Application: 2024 VS 2031

Figure 9. Industrial Production Case Studies

Figure 10. Transportation Case Studies

Figure 11. Others Case Studies

Figure 12. Telecom Report Years Considered

Figure 13. Global Telecom Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 14. Global Telecom Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global Telecom Market Share by Region: 2024 VS 2031

Figure 16. Global Telecom Market Share by Players in 2024

Figure 17. Global Top Telecom Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Telecom as of 2024)

Figure 18. The Top 10 and 5 Players Market Share by Telecom Revenue in 2024

Figure 19. North America Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 20. North America Telecom Market Share by Country (2020-2031)

Figure 21. United States Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 22. Canada Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 23. Europe Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. Europe Telecom Market Share by Country (2020-2031)

Figure 25. Germany Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. France Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. U.K. Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. Italy Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. Russia Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. Nordic Countries Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. Asia-Pacific Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Asia-Pacific Telecom Market Share by Region (2020-2031)

Figure 33. China Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Japan Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. South Korea Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. Southeast Asia Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. India Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Australia Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. Latin America Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Latin America Telecom Market Share by Country (2020-2031)

Figure 41. Mexico Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Brazil Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Middle East & Africa Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Middle East & Africa Telecom Market Share by Country (2020-2031)

Figure 45. Turkey Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Saudi Arabia Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. UAE Telecom Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. AT&T Revenue Growth Rate in Telecom Business (2020-2025)

Figure 49. Verizon Revenue Growth Rate in Telecom Business (2020-2025)

Figure 50. China Mobile Revenue Growth Rate in Telecom Business (2020-2025)

Figure 51. NTT Revenue Growth Rate in Telecom Business (2020-2025)

Figure 52. Deutsche Telekom Revenue Growth Rate in Telecom Business (2020-2025)

Figure 53. China Telecom Revenue Growth Rate in Telecom Business (2020-2025)

Figure 54. Telefonica Revenue Growth Rate in Telecom Business (2020-2025)

Figure 55. Softbank Revenue Growth Rate in Telecom Business (2020-2025)

Figure 56. Vodafone Revenue Growth Rate in Telecom Business (2020-2025)

Figure 57. Orange Revenue Growth Rate in Telecom Business (2020-2025)

Figure 58. Bottom-up and Top-down Approaches for This Report

Figure 59. Data Triangulation

Figure 60. Key Executives Interviewed

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