Telecom Equipment Market to Reach US$ 1033.03 Billion by 2032 Owing to Rapid 5G Expansion and …
“According to SNS Insider Research, The Telecom Equipment Market size was estimated at USD 718.30 Billion in 2023 and is expected to reach USD 1033.03 Billion by 2032 at a CAGR of 4.12% during the forecast period of 2024-2032.”
The rising adoption of Internet of Things (IoT) devices across industries is fueling demand for advanced telecom equipment that can handle the increased data traffic, Says SNS Insider.