Impact of Digitization is Driving the Use of Wireless Technologies and Equipment

Estimated reading time: 1 minute

Rising data traffic, growth in public WiFi and emerging 4G and 5G technologies are stimulating the growth of wireless equipment in developed and emerging countries. Also, many companies are shifting from traditional communications systems such as fixed line technologies to more advanced wireless and mobile technologies. for instance, according to a report by National Center for Health Statistics, 41% of the American households were wireless only by the end of 2013, thereby indicating a decrease in wireline usage.

Asia Pacific was the largest region in the communications hardware market in 2017, accounting for around 87% market share. North America was the second largest region accounting for around 5% market share. Eastern Europe was the lowest region accounting for around 1% market share.

The market size section gives the communications hardware market revenues, covering both the historic growth of the market and forecasting the future.

Drivers and restraints looks at the external factors supporting and controlling the growth of the market.

Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically.

Competitive landscape 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 the last three years are identified.

The trends and strategies section highlights the likely future developments in the communications hardware market and suggests approaches.