5G NTN market is anticipated to grow at an exponential CAGR of 40.6% during the forecast period (2024-2031). A 5G NTN is designed to provide high speed wireless connectivity to remote and underserved locations, by leveraging a ‘space segment’ in the access side of the mobile network to deliver mobile services to users on the ground from satellites.
Telecom towers market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period (2024-2031).The factors driving the telecom tower market growth includes investments in 5G connectivity and telecom infrastructure, as well as the extension of mobile networks into rural areas.
Connected retail market is anticipated to grow at a considerable CAGR of 3.1% during the forecast period. Connected retail is a strategy that links retail with digital technologies to create a seamless shopping experience for customers. Seamless integration of online and offline channels, personalized marketing, 24/7 availability of products, and cost efficiency are the key benefits of connected retail.
Wi-Fi 7 market is anticipated to grow at a considerable CAGR of 52% during the forecast period. Wi-Fi 7 is the upcoming Wi-Fi standard, also known as IEEE 802.11be Extremely High Throughput (EHT). It works across all three bands such as 2.4 GHz, 5 GHz, and 6 GHz; which allows to fully utilize spectrum resources. Wi-Fi 7's goal is to deliver extraordinary speeds for every device with greater efficiency. It introduces 320 MHz ultra-wide bandwidth, 4,096-QAM, Multi-RU, and Multi-Link Operation to provide speed of 4.8 times faster than Wi-Fi 6 and 13 times faster than Wi-Fi 5.
Submarine cables market is anticipated to grow at a CAGR of 5.5% during the forecast period. The increasing internet penetration and collaboration among tier-1 vendors, growing demand for bandwidth owing to the emergence of 5G, and increasing network of submarine power cable systems are some key factors driving the growth of the global submarine cables market. Moreover, increasing investments by content delivery and streaming partners to create abundant opportunities in the pacific region is further accelerating the market growth.
Education computing device market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. The COVID-19 has resulted in a significant surge in education computing devices. The pandemic has forced the global shutdown of several activities, including educational activities, and this has resulted in online learning serving as the educational platform, which is supporting the education computing devices market over the forecast. Moreover, many online educational learning platforms provide free access to their services and courses, which is pushing students and teachers to shift to education computing devices.
The global healthcare e-commerce market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. The continuous advancements by key players in the healthcare e-commerce industry and online sales of medication are driving the growth of the market. The various corporates are investing in healthcare e-commerce by introducing several new products and platforms in e-healthcare. For instance, in June 2018, Amazon is acquired the online pharmacy PillPack in a deal that had shaken up the drugstore industry.
The global 5G base station dielectric filter market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The growing use of newly defined alternatives, advent of extensively programmed machines, development of internet connectivity and emergence of advanced technology have positively impacted growth curve of market.
The global aeronautical telecommunication market is expected to grow at a significant CAGR during the forecast period (2021-2027). The Aeronautical Telecommunication Network (ATN) is an internetwork architecture that enables ground-to-ground, air-to-ground, and avionic data subnetworks to communicate using common interface services and protocols based on the ISO OSI Reference Model.
The global telecom network infrastructure market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). A telecommunication or telecom network is defined as an interlinked group of nodes that are utilized to swap messages between them.
The Outbound Telemarketing is a marketing technique to develop new customers/clients and also retain the existing clients. Basically telemarketing is the direct marketing to potential customers of goods and services with the help of internet, telephone or fax.
The Data Center Construction is the combination of processes applied to physically develop a data center facility. It collectively includes construction standard data, which initially focuses on several factors such as- capacity, disaster tolerant and efficient design, to build up and construct a data center.
Telecom System integration is a process of designing a complex information system, which plays a significant role in integration of innovative technologies over the existing legacy infrastructure. Telecom System integration involves various processes such as consolidation, specification and optimization of operations and business of telecom operators.
The global telecom application program interface (API) market is expected to grow at a significant CAGR during the forecast period 2021-2027. The telecom application program interface (API) is a set of standard software and programming framework that permit a web-based application.
The Global MetroCell Market is expected to grow at a significant CAGR during the forecast period 2021-2027. The MetroCell are a discrete and compact-sized base station for mobile phones mainly located in urban areas.
The global hybrid device market is expected to grow at a significant CAGR during the forecast period (2021-2027). Hybrid devices are the combination of two or more devices comprising similar functions and systematic features to improve the productivity, capacity and functionalities of both devices.
The global SDN and NVF market is expected to grow at a significant CAGR during the forecast period 2021-2027. The terms SDN and NVF stand for Software Defines Networks (SDN) and Network Virtualization Function (NVF).
The Global Telecom Managed Services Market is expected to grow at a significant CAGR during the forecast period 2021-2027. Initially, the term managed services mean an application of outsourcing on a protective mode of management duties, strategic method and functions to improve cutting and operation expenses.
The global structured cabling market is expected to grow at a significant CAGR of 14% during the forecast period 2021-2027. The structured cabling is a complete design and installation solution of the cabling system associated with the hardware and applications in the management of the telecommunication infrastructure.
The global 4G LTE hotspot market is expected to grow at a significant CAGR during the forecast period 2021-2027. 4G LTE hotspot comprises an ability to provide a connection between the internet and mobile devices over a 4G network to transmit a secure and fast network connection.
The global mobile WiMAX market is expected to grow at a significant CAGR during the forecast period. WiMAX is a dynamic technological standard for long-range wireless networking applications, which can be used for both fixed and mobile connections.
Mobile data traffic market is anticipated to grow at a CAGR of 6.8% during the forecast period. The growth of the market is attributed to factors such as increasing smartphone penetration, rising demand for video streaming services, and the proliferation of Internet of Things (IoT) devices. Further advancements in network technologies and increasing investments in 5G infrastructure are also expected to fuel the demand for mobile data traffic. For instance, in April 2023, as per the report by Reliance Industries Ltd., Reliance Jio users in India consumed more than 30 billion gigabytes (GB) of data in Q4 2022–23.
The global satellite telephones market is estimated to grow at a CAGR during the forecast period. Instead of using traditional continental cellular networks, satellite telephones, or satphones, enable telecommunication access via orbiting satellites.
The market of ZigBee is anticipated to grow at significant CAGR of XX% during forecast period. ZigBee is a wireless technology that allows device to device communication and machine to machine communication. Alarm systems, lighting control, medical data collecting multi-channel control systems, and a variety of other industrial applications all employ ZigBee.
The Global Telecom CRM Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Telecommunications operators may use CRM software to manage and reduce their client churn percentage.
The global optical network management market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors contributing to the growth of the global optical network management market include the rising demand for high bandwidth and the growing adoption of cloud storage.
The global tactical data link market is estimated to grow at a CAGR of 6.1% during the forecast period. Tactical data link is used in exchanging battlefield execution capabilities and critical data.
The global tactical communications market is estimated to grow at a CAGR of 4.5% during the forecast period. Tactical operations are growing more sophisticated, necessitating the use of modern communication technologies and interoperable communication servers to manage battlefields and law enforcement missions efficiently.
The global standard-based communication servers’ market is estimated to grow at a moderate CAGR during the forecast period. Open computing systems that serve as a carrier-grade universal platform for a wide range of communications applications are known as standard-based communications servers.
The global telecom billing and revenue management market is estimated to grow at a CAGR of 10.5% during the forecast period. Telecommunication billing refers to the gathering of consumption data, the calculation of charging and billing information, the production of invoices for customers, the processing of payments, and the management of debt collection for communications service providers.
The Global Wired Telecommunication Carriers Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Wired telecommunications services relate to goods by entities that provide local and long-distance voice calling, sound, and video transmission, cable TV, and internet services over fixed-line networks.
The Global Macro Cell Baseband Unit Market is expected to grow at a significant CAGR during the forecast period. A wireless telecom station is made up of two parts, a baseband processing unit and an RF processing unit.
The Wireless Telecommunication Services Market is expected to grow at a significant CAGR during the forecast period (2021-2027). The Automatic Wireless Transfer of Advanced Voice, Text, Video and Other Potential Internet Services is the major focus of the Wireless Telecommunication Service Market.
The Telco Transformation Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Incumbent Internally and from outside influences, telcos are undergoing a major change. Regulatory changes, shifting consumer demand trends, digital content, and newer technology have compelled them to make significant internal adjustments to keep up with external competitive and operational conditions.
The global 2G and 3G switch off market is expected to grow at a moderate CAGR during the forecast period (2021-2027). The major factors propelling the growth of the market include a rise in telecom density and rising spending on IoT equipment.
The global industrial networking solutions market is expected to grow at a significant CAGR of nearly 21.0% during the forecast period (2021-2027). The major factors propelling the growth of the market include the emergence of industrial IoT and Industry 4.0.
The global high-capacity radio (HCR) market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the market include the rise in spending on military devices.
The global competitive local exchange carriers (CLEC) market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the market include cost-effectiveness associated with flexibility and scalability of CLEC.
The global web real-time communication market is anticipated to grow at a potential CAGR during the forecast period. Web real-time communication (WebRTC) uses basic application programming interfaces to enable real-time communication between browser and mobile applications.
The global mobile fronthaul market is anticipated to grow at a significant CAGR during the forecast period. Mobile fronthaul refer to the movement of data and speech from a cell site remote radio head (RRH) to a centralised baseband unit (BBU), which subsequently links to the mobile telephone switching office.
The global communication relays market is anticipated to grow at a significant CAGR during the forecast period. The communication relays play an important role in the development of next-generation communication systems.
The global fibre to the X market is expected to grow at a significant CAGR during the forecast period. Fibre to the X (FTTX) is a topology used in optical cable communications that are classified by where the Fibre ends.
The global fibre channel san storage area network market is expected to grow at a significant CAGR during the forecast period. Fibre Channel Storage Area Networking (SAN) is a specialized high-speed network or sub-network that connects and displays shared pools of storage devices to multiple servers.
The global explosion proof mobile communication devices market is expected to grow at a significant CAGR during the forecast period. To monitor and control such locations, explosion-proof communication devices may be used to transmit images, voice, and data.
The global earth observation satellite market is expected to grow at a significant CAGR during the forecast period. The Earth observation satellite is designed for non-military applications such as climate monitoring and prediction, damage assessment during natural catastrophes, agricultural yield estimation, surface geology mapping, mineral resources, and water availability.
The global terrestrial trunked radio tetra system market is expected to grow at a significant CAGR during the forecast period. Terrestrial Trunked Radio (TETRA) is a digital trunked mobile radio standard designed to meet the requirements of traditional Professional Mobile Radio (PMR) user organisations such as Public Safety, Commercial & Industry, Oil & Gas, Transportation, Utilities, Government, Military, and PAMR.
The global hyperscale data centre market is expected to grow at a significant CAGR during the forecast period. Hyperscale data centres handle and maintain a large number of physical and virtual servers at the same time.
The global point-to-multipoint microwave backhaul market is anticipated to grow at a CAGR during the forecast period. The major factors for the growth of the market are the increase in various mobile network operators across the globe and the increase in the number of internet service providers.
The global bit error tester market is anticipated to grow at a significant CAGR during the forecast period. The major factors for the growth of the market are the increasing number of network connections, call traffic, and many others. All these factors combined will fuel the growth of the market during the forecast period.
The global subscriber data management market is expected to grow at a CAGR of nearly 17.59% during the forecast period (2021-2027). The key factors contributing to the growth of the global subscriber data management market include the rise in the number of smartphones and rising adoption of LTE and VoLTE.
The global broadcasting equipment market is expected to grow at a CAGR of nearly 4.9% during the forecast period (2021-2027). The key factors contributing to the growth of the global broadcasting equipment market include rising internet penetration and the growing number of digital devices.
The Global TV Transmitter Market is expected to grow at a significant CAGR during the forecast period. Television transmitters send out a television signal that contains both visual and audio data, and a electromagnetic signal is sent by a television transmitter to television receivers.
The Global Telecom Service Assurance Market is expected to grow at a significant CAGR during the forecast period. Telecom service assurance refers to a communication service provider's use of methods and processes to ensure that the service provided through networks exceeds the pre-determined provision quality standard, resulting in a better customer experience.
The Global Telecom Order Management Market is expected to grow at a significant CAGR during the forecast period. The telecom order management industry is expected to expand due to factors such as the fast expansion of linked devices and subscribers. Consolidation of services by network operators and telecom service providers, is also expected to contribute to market expansion.
The Global Telecom Operations Management Market is expected to grow at a significant CAGR during the forecast period. In the telecom business, telecom operations management is an important field. Because telecommunications operations are very complicated and subject to multiple changes, having a sector dedicated to their administration is critical to the industry's overall efficiency.
The Global Telecom IT Services Market is expected to grow at a significant CAGR during the forecast period. Telecommunication systems are managed by telecommunication service providers and are known for providing services like phone and internet.
The Global Telecom Expense Management Market is expected to grow at a significant CAGR during the forecast period. The organisations use telecom expenditure management to cut the cost of operating communication infrastructure.
The Global Telecom Cloud Billing Market is expected to grow at a significant CAGR during the forecast period. Telecom billing systems include a wide range of tasks, including creating bills, tracking data, voice use, aggregating, levying charges according on tariffs and allowing CRM (customer relationship management), using a variety of cloud-based solutions on public clouds, private, and hybrid.
The Global Software-Defined Wide Area Network (SD-WAN) Market is expected to grow at a significant CAGR during the forecast period. A software-defined wide area network is a network that separates from its hardware, and is created in a virtualized overlay.
The Global Self Organizing Network Market is expected to grow at a significant CAGR during the forecast period. The Self-organizing network market is a smart mobile network software solution that handles complicated network operations to ensure smooth network operation and improved network performance.
The Global Residential Gateway Market is expected to grow at a significant CAGR during the forecast period. Residential Gateway is a network interface device that allows a residential user to access a service supplied to the house, such as telephone, cable TV, and Internet service, as well as services provided by different smart devices within the home. Residential gateway devices provide the necessary connection features that allow users to receive the benefits of a networked home.
The Global High-Altitude Long Endurance Pseudo-Satellite (HALEPS) Market is expected to grow at a significant CAGR during the forecast period. High Altitude Long Endurance is an airborne vehicle capable of doing extensive surveys of geographic regions, with great precision and providing real-time information for military, defense, surveillance, and other civilian operations.
The Global Heterogeneous Network Market is expected to grow at a significant CAGR during the forecast period. Heterogeneous Networks (HetNet) are a complex eco-system of radio cells with various coverage ranges and technologies, that work together to provide the needed capacity and coverage.
The Global Telecom API Market is expected to grow at a significant CAGR during the forecast period (2021-2027). An application programming interface (API) is a collection of standard software functions that may be used by a program.
The market for Small Sell Networks is anticipated to grow at significant CAGR of XX% during forecast period. Small cells are commonly seen in densely crowded metropolitan locations such as shopping malls, sports arenas, airports, and train stations, among other places.
The market for Single Sign On is anticipated to grow at significant CAGR during forecast period. Single sign-on (SSO) is an authentication mechanism that allows a user to log in to numerous connected but separate software systems using a single ID and password.
The global consumer network attached storage market is expected to grow at a significant CAGR during the forecast period (2021-2027). A networked appliance with storage discs that provides file-based storage services to devices across a network is known as network-attached storage.
The global telecom tower market is estimated to grow at a moderate CAGR during the forecast period. Any mobile telecommunication system's arteries are the telecom towers. The telecom tower is a structure that houses a transceiver unit that keeps hundreds of mobile phones connected, as well as the Mobile Telephone Switching Office (MTSO).
The global GSM antenna market is anticipated to grow at a significant CAGR during the forecast period. The major factor for growth of the market is the increasing need for efficient communication along with the increasing use of smartphones.
The global enterprise file sharing and synchronization market is anticipated to grow at a CAGR of 28.0% during the forecast period. The major factor for growth of the market is the increasing adoption of digital working environment, increasing collaborations between employees and enterprises, increasing awareness regarding security, and many others.
The Global Unified Communications as a Service (UCAAS) market is expected to grow at a significant CAGR during the forecast period (2021-2027). Businesses all around the globe are using UCaaS systems to take advantage of services like video and audio conferencing, messaging, and other collaboration capabilities.
The Global Satellite Broadband Communication in Public Safety Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Satellite broadband communication allows information to be sent from one location to another utilizing a satellite signal as the medium of communication.
The Global Machine to Machine (M2M) Cellular Modules Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Machine-to-machine communication refers to direct communication between devices through any communication medium, including wired and wireless.
The global cellular network subscription market is expected to grow at a significant CAGR during the forecast period. The growing popularity of smartphones, dongles, tablets, iPhones, and iPads is expected to drive the global cellular network subscription market.
The global optical communication and networking market are expected to grow at a moderate CAGR during the forecast period. High-speed communication via infrared and optical signals is made possible by the Optical Network.
The Global Oilfield Communication Market is expected to grow at a significant CAGR during the forecast period. The technology that is used to collect data and information required by the oil and gas sector, from field locations and send it over communication networks, is known as oilfield communications.
The market for Small Satellite is anticipated to grow at significant CAGR of XX% during forecast period. Small satellites are low-cost options that have allowed commercial companies, non-profit organisations, and educational institutions to conduct missions in low-Earth orbit.
The global distributed generation and energy storage in telecom networks market is estimated to grow at a moderate CAGR during the forecast period. As the telecommunications network continues to expand, it has become a major power consumer.
The global digital radio frequency market is estimated to grow at a significant CAGR during the forecast period. Digital radio frequency memory (DRFM) is a technique for retransmitting and recording radio frequency signals that can be used to jam radar signals.
The global enterprise network communications equipment market is expected to grow at a CAGR during the forecast period. An enterprise network is a communication backbone for a company that connects computers and related devices across departments and workplace networks, allowing for better insight and data access.
The Global Virtual Evolved Packet Core Market is estimated to grow at a CAGR of 13.5% during the forecast period. A Virtual Evolved Packet Core (vEPC) is a framework for voice and data processing, and switching in mobile networks that uses Network Functions Virtualization (NFV), to virtualize the functions of an Evolved Packet Core (EPC).
The Under Water Acoustic Communication Market is expected to register a CAGR of 22.5% during the forecast period. About 75% of the earth surface is covered with water from the oceans.
The global telecom tower marketis anticipated to grow at a CAGR of 3.4% during the forecast period. The major factors behind the growth of the market include the increasing work from home population and increasing consumption of video content downloads, streaming on the social media platforms.
The global satellite manufacturing and launch marketis anticipated to grow at a CAGR of 3.8% during the forecast period. The major factors for the growth of the market are the increasing demand for satellites by government and military for surveillance purpose and to alert people regarding natural calamities, which will fuel the growth of market during the forecast period.
The global GIS in telecom sector market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing need for companies to capture real-time data, network performance, signal strength, customer base, and many other things.
The global dense wave division multiplexing market is anticipated to grow at a significant CAGR during the forecast period. The major factors for growth of the market include the increasing growth of telecom sector and need for high-speed internet across the globe, due to cloud computing and IoT.
The global advanced modular data center market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global advanced modular data center market include a rise in the demand for cloud services from small and medium-sized enterprises and an upsurge in development of advanced modular data centers.
The global macrocell baseband unit (BBU) market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing advancements in the telecommunication sector along with the adoption of 5G technologies.
The global high-speed speciality cable market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increase in grid interconnections across the globe, along with offshore wind farms, and the increasing need for power generation is expected to fuel the demand for the growth of the market during the forecast period.
The global air to ground communication market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing air traffic globally. Web via Satellite (Ku band)(which provides internet services)and Terrestrial mobiles services like 3G and 4G are the two market types on which the Global Air to ground communication market is split.
The global Bias Network market is estimated to grow at a significant CAGR the forecast period. To place a FET at the desired quiescent operating point, bias networks are used. For example, in a power amplifier, you might want to operate a FET at 6 volts VDS and 50% of the saturated drain current (IDSS/2).
The global military communication systems market is anticipated to grow at a moderate CAGR during the forecast period. The major factor for growth of the market is the increasing need for the enhanced situational awareness on the battlefield.
Middle Earth Orbit (MEO) satellite market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing demand for satellite communication (SATCOM), along with the increasing need for air traffic management and significant application in defense is expected to fuel the growth of the market during the forecast period.
The global fiber optic ferrule market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing adoption of fiber optics technology across the globe.
The global Telecom Outsourcing market is anticipated to grow at a significant CAGR of 3.1 % during the forecast period. The telecom outsourcing market is growing and the presence of Internet service providers(ISP), companies with social media services, and app-making firms are pushing telecom companies to shift on new business models and creative offerings to boost customer experience and services, which is expected to drive the growth of the market. Moreover, telecom companies look for operational planning to assist their advantage in the basic value chain or traditional networks while minimizing the cost low or keeping it low. iSON states that by providing end-to-end business process management (BPM) services, it allows telecom companies to develop and grow their value chain while dealing with the upcoming challenges.
The global Synchronous Optical Network (SONET) market is estimated to grow at a significant CAGR during the forecast period. The major factors driving the growth of the global Synchronous Optical Network (SONET) market include the rising need for faster and reliable communication networks, increase in adoption of optical communication, and reduction in capital investment.
The Global Outdoor BTS Antenna market is projected to have a considerable CAGR during the forecast period. 5G infrastructures provide features such as fast speed, low latency, and a network with maximum coverage is increasing the demand for 5G technology globally.
The global outdoor BTS antenna market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor for the growth of the market is the increasing infrastructure for high-speed networks such as 5G, which will fuel the demand for outdoor BTS antennas during the forecast period.
The global radio remote unit market is expected to grow at a significant CAGR during the forecast period (2021-2027). A remote radio unit (RRU) and remote radio head (RRH) is an RF electrical framework for base stations in little outdoor modules.
The global 4G base station market is expected to grow at a significant CAGR during the forecast period (2021-2027). The emergence of long-term evolution (LTE) base station systems to meet the growth in demand for high-speed broadband services was necessitated by the rapid growth of the urban population with an increase in the telecom subscriber base.
The Satellite Communication Market is expected to register a CAGR of 8.9% during the forecast period. The primary driving factors of the satellite communication market include oil and gas, energy, agriculture, and defence around the globe.
The Fixed mobile Convergence Market is expected to register a CAGR of 14.5% during the forecast period. As per the MRFR analysis, there are various variables that are boosting the fixed mobile convergence market share.
The global PROFINET cables market is estimated to grow at a significant CAGR during the forecast period. The key factor driving the growth of the global PROFINET cables market includes the rising demand for automation in industries such as automotive, aerospace and defense, and oil & gas.
The global neuromorphic computing market is anticipated to grow at a CAGR of 19.5% during the forecast period (2021-2027). The increasing demand for artificial intelligence (AI) and machine learning (ML) owing to the rising use of integrated circuits, and the growing requirement for brain robots are the prominent factors contributing high towards the growth of the market.
The global FPD Photomask market is projected to grow at a CAGR of 3.2% during the forecast period (2021-2027). Flat Panel Display (FPD) photomask is a procedure that uses lithography technology to transfer display patterns and circuits to electronic device displays such as LCD (liquid crystal displays) and OLEDs (organic LEDs). FPD photomasks are used for devices of various sizes, such as TVs, PCs, and smartphones.
The industrial control system market is projected to grow at a considerable CAGR of around 8% during the forecast period (2020-2026). The rising demand for automation in the different industrial sectors such as automotive, energy and utility, medical & lifescience, food and beverage, and others for overall cost reduction is a major factor to drive the growth of the global industrial control system market.
The global land mobile radio system market is estimated to grow at a CAGR of around 9% during the forecast period. The major factors contributing to the growth of the market include an increase in the demand for land mobile wireless systems and the growing incidence of efficient mission-critical communication operations.
Telecom companies reported a mixed set of revenues as the companies swung to profitability then witnessed a sharp decline in the revenue. Some of the companies such as Vodafone, Virgin, GiffGaff, Tesco, among others experienced a huge sharp fall whereas telecom players such as Reliance Jio, Bharti Airtel, and Vodafone Idea experience a jump in the demand for the network.
The global virtual private server market is anticipated to grow at a lucrative CAGR of over 12% during the forecast period. The key aspects that are driving the growth of the global virtual private server market include cost efficiency of a virtual private server and increasing vulnerability in the signaling system. In addition, the increasing requirement of this server among organizations to have more control over their servers as compared to shared servers is further fuelling its market growth.
The data center infrastructure management market is anticipated to grow at a CAGR of 14.4% during the forecast period. Data center infrastructure management (DCIM) is a method that evaluates and monitors high-end data center facilities in different domains in the organization.
SCADA (Supervisory Control and Data Acquisition) market is growing significantly at a CAGR of 5% during the forecast period. SCADA is a system that allows industries and organizations to monitor, collect, control, and process real-time data and manages industrial processes even at remote locations.
The global speech analytics market is anticipated to grow significantly at a CAGR of 19.0 % during the forecast period. Speech analytics is the process of extracting useful information from recorded calls between consumers and businesses. It is used to assess trend analysis, cost drivers, and identify process and product strengths and weaknesses.