Growth trajectory of the global cellular or mobile phone services market
Business Research Company Global Cellular or Mobile Phone Services Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, United Kingdom, Aug. 5, 2022 /EINPresswire.com/ — According to The Business Research Company’s “Cellular or Mobile Telephone Services Global Market Report 2022”, the market for cellular or mobile telephone services is expected to grow from $196.85 billion in 2021 to $211.48 billion in 2022 at a compound annual growth rate (CAGR) of 7.4% Market growth is primarily driven by companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive lockdowns measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges According to the Services Market Research cellular or mobile phone market from TBRC, the market is expected to reach USD 269.94 billion by 2026 at a CAGR of 6.5%. of mobile subscribers is expected to contribute to the growth of the cellular or mobile phone services market over the forecast period.
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Key trends in the cellular or mobile phone services market
The launch of fifth generation (5G) networks is gaining popularity in the cellular or mobile phone service market. The current fifth generation of mobile networks are a stimulus for the new industrial revolution because they offer much higher speed and bandwidth than previous networks, as well as low data travel time or low latency.
Overview of Cellular or Mobile Phone Services Market
The market for cellular or mobile telephone services comprises sales of cellular or mobile telephone services by entities (organizations, sole proprietorships and partnerships) that provide radio communication between mobile stations and earth stations, or between mobile stations, which can be classified into three groups: voice, SMS and MMS. Only goods and services exchanged between entities or sold to final consumers are included.
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TBRC Global Cellular or Mobile Phone Services Market Report 2022 covers the following information:
Market Size Data
• Forecast period: historical and future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
• By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, USA.
• By type: basic communication, value-added
• By service: 3G services, 4G services, 5G services
• By End User: Manufacturing, Energy & Utilities, Media & Entertainment, IT & Telecommunications, Transportation & Logistics, Healthcare
• By geography: The global market for cellular or mobile telephony services is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Major market players such as AT&T Inc., Verizon, Deutsche Telekom, Vodafone, China Mobile Limited, Nippon Telegraph and Telephone Corporation, SoftBank Corp, IBM, Cisco, Alcatel-Lucent, Juniper Networks, Tata, Nokia, Alibaba Group Holdings Limited, Gemalto NV, Google Inc. and KongZhong Corporation.
Trends, opportunities, strategies and much more.
The Global Cellular or Mobile Phone Services Market Report 2022 is one of the comprehensive reports by The Business Research Company that provides an overview of the global Cellular or Mobile Phone Services Market. Global Cellular or Mobile Phone Services Market Analysis, Global Cellular or Mobile Phone Services Market Forecast Market Size, Cellular or Mobile Phone Services Industry Growth Drivers, Global Market Segments cellular or mobile phone services, key players in the global cellular or mobile phone services market, the growth of the cellular or mobile phone services market in all geographies, and the revenue and market positioning of the competitors of the market for cellular or mobile telephone services. The Cellular or Mobile Phone Services market report allows you to gain insight into opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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