Telecommunication Services Market Size Reach USD 2556.2 Billion by 2031 Globally
WILMINGTON, DE, UNITED STATES, November 10, 2025 /EINPresswire.com/ -- According to the report published by Allied Market Research, Telecommunication Services Market Size Reach USD 2556.2 Billion by 2031 Globally . The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
The global telecommunication services market size was valued at $1602.5 billion in 2021, and is projected to reach $2556.2 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
Rise in mobile data traffic, 5G network, and fiber deployment required for connectivity have boosted the growth of the global telecommunication services market. However, strict government network radiation rules hinder the market growth. On the contrary, advent of IoT would open new opportunities in the future.
Request Sample Report (Get Full Insights in PDF - 320 Pages) at: https://www.alliedmarketresearch.com/request-sample/A21101
The telecommunication service market is segmented on the basis of service type, transmission, end user, and region. Based on service, it is segmented into mobile data services, fixed internet access services, mobile voice services, fixed voice services, pay-tv services, and mobile messaging. Based on transmission, the market is categorized into wireline services and wireless services. Based on end user, the market is categorized into consumer and business. Based on business, the Telecommunication Services Industry is categorized into manufacturing, energy & utilities, transportation & logistics, government, healthcare, retail, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
This report gives an in-depth profile of some key market players in the Telecommunication Services industry include Alcatel Lucent Enterprise, AT&T Inc., Bharti Airtel Limited, Cisco Systems Inc., China Mobile Limited, Deutsche Telekom, International Business Machine Corporation (IBM), Juniper Network, KT Corporation, Nippon Telegraph and Telephone Corporation (NTT), Nokia Corporation, Reliance, Softbank Corporation, TATA, Telefonica Corporation, Verizon Communications Inc., and Vodaphone Group.
If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/A21101
By region, the market across Asia-Pacific dominated in 2021, accounting for around one-third of the global telecommunication services market, due to the fact that many countries in the region have evolved with industrial transformation initiatives, thus increasing focus toward 5G deployments. However, the market across LAMEA is expected to register the highest CAGR of 6.4% during the forecast period, due to rise in strategic trails to launch 5G technologies and equipment in this region is high.
By transmission, the wireless segment is projected to manifest the highest CAGR of 5.5% from 2022 to 2031. In addition, the segment held the largest share in 2021, contributing to more than three-fourths of global telecommunication services industry, due to adoption of wireless telecommunication services allow customers to send and receive messages through electronic devices and a wireless medium. The report includes analysis of the wireline segment as well.
By end user, the business segment is expected to manifest the highest CAGR of 5.9% during the forecast period, owing to rapid business digitization and Industry 4.0 evolution. However, the consumer segment dominated the market in 2021, accounting for more than three-fifths of the global telecommunication services market, due to ongoing trends such as remote working and bring your own device (BYOD).
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A21101
Covid-19 Scenario:
● The Covid-19 pandemic had a low impact on the growth of the market as private and government sectors were working together to speed up the development of 5G infrastructure.
● For instance, mobile network operators in Thailand had joined forces to offer 5G networks to hospitals during the pandemic. The Easter Economic Corridor (EEC) mandated that 5G must cover around 50% of the area in 2020 and its equipment installation would commence in the same year.
Buy Now & Get Exclusive Discount on this Report (320 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/telecommunication-services-market/purchase-options
Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Contact:
DaviAccording to the report published by Allied Market Research, Telecommunication Services Market Expected to Reach USD 2556.2 Billion by 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
Rise in mobile data traffic, 5G network, and fiber deployment required for connectivity have boosted the growth of the global telecommunication services market. However, strict government network radiation rules hinder the market growth. On the contrary, advent of IoT would open new opportunities in the future.
Request Sample Report (Get Full Insights in PDF - 320 Pages) at: https://www.alliedmarketresearch.com/request-sample/A21101
The global telecommunication services market size was valued at $1602.5 billion in 2021, and is projected to reach $2556.2 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
The telecommunication service market is segmented on the basis of service type, transmission, end user, and region. Based on service, it is segmented into mobile data services, fixed internet access services, mobile voice services, fixed voice services, pay-tv services, and mobile messaging. Based on transmission, the market is categorized into wireline services and wireless services. Based on end user, the market is categorized into consumer and business. Based on business, the Telecommunication Services Industry is categorized into manufacturing, energy & utilities, transportation & logistics, government, healthcare, retail, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
Access the full summary at: https://www.alliedmarketresearch.com/telecommunication-services-market-A21101
By transmission, the wireless segment is projected to manifest the highest CAGR of 5.5% from 2022 to 2031. In addition, the segment held the largest share in 2021, contributing to more than three-fourths of global telecommunication services industry, due to adoption of wireless telecommunication services allow customers to send and receive messages through electronic devices and a wireless medium. The report includes analysis of the wireline segment as well.
By end user, the business segment is expected to manifest the highest CAGR of 5.9% during the forecast period, owing to rapid business digitization and Industry 4.0 evolution. However, the consumer segment dominated the market in 2021, accounting for more than three-fifths of the global telecommunication services market, due to ongoing trends such as remote working and bring your own device (BYOD).
If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/A21101
By region, the market across Asia-Pacific dominated in 2021, accounting for around one-third of the global telecommunication services market, due to the fact that many countries in the region have evolved with industrial transformation initiatives, thus increasing focus toward 5G deployments. However, the market across LAMEA is expected to register the highest CAGR of 6.4% during the forecast period, due to rise in strategic trails to launch 5G technologies and equipment in this region is high.
This report gives an in-depth profile of some key market players in the Telecommunication Services industry include Alcatel Lucent Enterprise, AT&T Inc., Bharti Airtel Limited, Cisco Systems Inc., China Mobile Limited, Deutsche Telekom, International Business Machine Corporation (IBM), Juniper Network, KT Corporation, Nippon Telegraph and Telephone Corporation (NTT), Nokia Corporation, Reliance, Softbank Corporation, TATA, Telefonica Corporation, Verizon Communications Inc., and Vodaphone Group.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A21101
Covid-19 Scenario:
● The Covid-19 pandemic had a low impact on the growth of the market as private and government sectors were working together to speed up the development of 5G infrastructure.
● For instance, mobile network operators in Thailand had joined forces to offer 5G networks to hospitals during the pandemic. The Easter Economic Corridor (EEC) mandated that 5G must cover around 50% of the area in 2020 and its equipment installation would commence in the same year.
Buy Now & Get Exclusive Discount on this Report (320 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/telecommunication-services-market/purchase-options
Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Other Trending Reports:
Network Management Solutions Market
Hosting Infrastructure Services Market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
The global telecommunication services market size was valued at $1602.5 billion in 2021, and is projected to reach $2556.2 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
Rise in mobile data traffic, 5G network, and fiber deployment required for connectivity have boosted the growth of the global telecommunication services market. However, strict government network radiation rules hinder the market growth. On the contrary, advent of IoT would open new opportunities in the future.
Request Sample Report (Get Full Insights in PDF - 320 Pages) at: https://www.alliedmarketresearch.com/request-sample/A21101
The telecommunication service market is segmented on the basis of service type, transmission, end user, and region. Based on service, it is segmented into mobile data services, fixed internet access services, mobile voice services, fixed voice services, pay-tv services, and mobile messaging. Based on transmission, the market is categorized into wireline services and wireless services. Based on end user, the market is categorized into consumer and business. Based on business, the Telecommunication Services Industry is categorized into manufacturing, energy & utilities, transportation & logistics, government, healthcare, retail, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
This report gives an in-depth profile of some key market players in the Telecommunication Services industry include Alcatel Lucent Enterprise, AT&T Inc., Bharti Airtel Limited, Cisco Systems Inc., China Mobile Limited, Deutsche Telekom, International Business Machine Corporation (IBM), Juniper Network, KT Corporation, Nippon Telegraph and Telephone Corporation (NTT), Nokia Corporation, Reliance, Softbank Corporation, TATA, Telefonica Corporation, Verizon Communications Inc., and Vodaphone Group.
If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/A21101
By region, the market across Asia-Pacific dominated in 2021, accounting for around one-third of the global telecommunication services market, due to the fact that many countries in the region have evolved with industrial transformation initiatives, thus increasing focus toward 5G deployments. However, the market across LAMEA is expected to register the highest CAGR of 6.4% during the forecast period, due to rise in strategic trails to launch 5G technologies and equipment in this region is high.
By transmission, the wireless segment is projected to manifest the highest CAGR of 5.5% from 2022 to 2031. In addition, the segment held the largest share in 2021, contributing to more than three-fourths of global telecommunication services industry, due to adoption of wireless telecommunication services allow customers to send and receive messages through electronic devices and a wireless medium. The report includes analysis of the wireline segment as well.
By end user, the business segment is expected to manifest the highest CAGR of 5.9% during the forecast period, owing to rapid business digitization and Industry 4.0 evolution. However, the consumer segment dominated the market in 2021, accounting for more than three-fifths of the global telecommunication services market, due to ongoing trends such as remote working and bring your own device (BYOD).
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A21101
Covid-19 Scenario:
● The Covid-19 pandemic had a low impact on the growth of the market as private and government sectors were working together to speed up the development of 5G infrastructure.
● For instance, mobile network operators in Thailand had joined forces to offer 5G networks to hospitals during the pandemic. The Easter Economic Corridor (EEC) mandated that 5G must cover around 50% of the area in 2020 and its equipment installation would commence in the same year.
Buy Now & Get Exclusive Discount on this Report (320 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/telecommunication-services-market/purchase-options
Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Contact:
DaviAccording to the report published by Allied Market Research, Telecommunication Services Market Expected to Reach USD 2556.2 Billion by 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
Rise in mobile data traffic, 5G network, and fiber deployment required for connectivity have boosted the growth of the global telecommunication services market. However, strict government network radiation rules hinder the market growth. On the contrary, advent of IoT would open new opportunities in the future.
Request Sample Report (Get Full Insights in PDF - 320 Pages) at: https://www.alliedmarketresearch.com/request-sample/A21101
The global telecommunication services market size was valued at $1602.5 billion in 2021, and is projected to reach $2556.2 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031.
The telecommunication service market is segmented on the basis of service type, transmission, end user, and region. Based on service, it is segmented into mobile data services, fixed internet access services, mobile voice services, fixed voice services, pay-tv services, and mobile messaging. Based on transmission, the market is categorized into wireline services and wireless services. Based on end user, the market is categorized into consumer and business. Based on business, the Telecommunication Services Industry is categorized into manufacturing, energy & utilities, transportation & logistics, government, healthcare, retail, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
Access the full summary at: https://www.alliedmarketresearch.com/telecommunication-services-market-A21101
By transmission, the wireless segment is projected to manifest the highest CAGR of 5.5% from 2022 to 2031. In addition, the segment held the largest share in 2021, contributing to more than three-fourths of global telecommunication services industry, due to adoption of wireless telecommunication services allow customers to send and receive messages through electronic devices and a wireless medium. The report includes analysis of the wireline segment as well.
By end user, the business segment is expected to manifest the highest CAGR of 5.9% during the forecast period, owing to rapid business digitization and Industry 4.0 evolution. However, the consumer segment dominated the market in 2021, accounting for more than three-fifths of the global telecommunication services market, due to ongoing trends such as remote working and bring your own device (BYOD).
If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/A21101
By region, the market across Asia-Pacific dominated in 2021, accounting for around one-third of the global telecommunication services market, due to the fact that many countries in the region have evolved with industrial transformation initiatives, thus increasing focus toward 5G deployments. However, the market across LAMEA is expected to register the highest CAGR of 6.4% during the forecast period, due to rise in strategic trails to launch 5G technologies and equipment in this region is high.
This report gives an in-depth profile of some key market players in the Telecommunication Services industry include Alcatel Lucent Enterprise, AT&T Inc., Bharti Airtel Limited, Cisco Systems Inc., China Mobile Limited, Deutsche Telekom, International Business Machine Corporation (IBM), Juniper Network, KT Corporation, Nippon Telegraph and Telephone Corporation (NTT), Nokia Corporation, Reliance, Softbank Corporation, TATA, Telefonica Corporation, Verizon Communications Inc., and Vodaphone Group.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A21101
Covid-19 Scenario:
● The Covid-19 pandemic had a low impact on the growth of the market as private and government sectors were working together to speed up the development of 5G infrastructure.
● For instance, mobile network operators in Thailand had joined forces to offer 5G networks to hospitals during the pandemic. The Easter Economic Corridor (EEC) mandated that 5G must cover around 50% of the area in 2020 and its equipment installation would commence in the same year.
Buy Now & Get Exclusive Discount on this Report (320 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/telecommunication-services-market/purchase-options
Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Other Trending Reports:
Network Management Solutions Market
Hosting Infrastructure Services Market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
David Correa
Allied Market Research
+ + + + + +1 800-792-5285
email us here
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