Press Release: October 29, 2018
The biggest forthcoming change in the telecommunication industry is the emergence of fifth-generation mobile networks (5G). 5G is expected to be much quicker than the present 4G. It will take some years for this technology becomes commercially available. The new generation mobile network is likely to provide the capacity needed to support the IoT (Internet of Things) revolution. Low latency is another important feature expected from 5G.
THE BUSINESS RESEARCH COMPANY EXPECTS THE WIRELESS TELECOMMUNICATION CARRIERS MARKET TO GROW TO $2 TRILLION BY 2021
Asia Pacific was the largest region in the wireless telecommunication carriers market in 2017, accounting for more than two-third of the market share.
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According to The Business Research Company’s Consultant, Nitin Gianchandani, customers in developed markets are adopting and showing signs of preferring internet TV. Wireless service providers are offering online video streaming services and internet TV to compete with traditional pay-TV providers. These services are being offered to increase their subscriber base and revenues. For example, AT&T is offering on-demand video services through DirecTV network.
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AT&T was the largest player in the wireless telecommunication carriers market, with revenues of $104.2 billion in 2016. AT&T’s growth strategy aims at making their services accessible across multiple channels and to leverage different architectures such as the Web, MEAP, and native and support the various device platforms including iOS®, Android™, Windows®, and BlackBerry® OS. In 2014, AT&T announced the acquisition of Leap Wireless and the Cricket brand.
Wireless telecommunication carriers operate and maintain switching and transmission facilities to provide telecommunications services via airwaves. The services provided by the companies in this industry are cellular phone services, wireless internet access, and wireless video.
Wireless Telecommunication Carriers Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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