Strategies for Global Cellular or Mobile Phone Services Market Players Over the Market Forecast Period 2022-2031
Business Research Company Global Cellular or Mobile Phone Services Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, United Kingdom, June 6, 2022 /EINPresswire.com/ — According to the “Global Cellular or Mobile Phone Services Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026” published by The Business Research Company, the market for cellular or mobile phone services is expected to reach $269.94 billion in 2026 at a CAGR of 6.5%. According to the analysis of the global cellular/mobile phone services market, an increasing number of mobile subscribers is expected to contribute to the growth of the market over the forecast period.
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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.
Global Cellular or Mobile Phone Services Market Trends
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. For example, in February 2020, ETSI launched a new group for the fifth generation of fixed network (ETSI ISG F5G). The latest invention in cellular technology is fifth generation (5G) networks, designed to increase the speed of wireless networks. Using fifth-generation 5G networks, data is transmitted at speeds of 20 Gbps or more over high-speed wireless connections that exceed the speeds of other networks. 5G networks also offer latency of 1ms or less for uses that require real-time feedback.
Segments of the Global Cellular or Mobile Phone Services Market
The global market for cellular or mobile telephony services is segmented:
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 cellular or mobile phone services market segmentation is bifurcated into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa.
Learn more about the Global Cellular or Mobile Phone Services Market report here
The Global Cellular or Mobile Phone Services Market Report 2022 is part of a series of new reports by The Business Research Company that provides Cellular or Mobile Phone Services market overviews, analysis and size forecasts and market growth for Global Cellular or Mobile Phone Services Market, Cellular or Mobile Phone Services Market Share, Cellular or Mobile Phone Services Market Segments and Geographies, Cellular or Mobile Phone Services Market Players cellular or mobile, revenue, profiles and market shares of the main competitors in the cellular or mobile phone services market. The Cellular or Mobile Phone Services Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s Global Cellular or Mobile Phone Services Market 2022 report includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: 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.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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