Telecommunications Services
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry operate or provide access to facilities for voice, data, text, sound, and video transmission through wired, wireless, or satellite networks. Major companies include US-based AT&T, Verizon, and Xfinity, as well as China Mobile (China), Deutsche Telekom (Germany), NTT (Japan), Telefónica (Spain), and Vodafone (UK).Worldwide, the telecommunications services market generated about $1.8 billion in 2022 and is expected to experience a compound annual growth rate (CAGR) of over 5% until 2032, according to Future Market Insights. The European Union leads the world in value of the leading office and telecom equipment importers worldwide, according to Statista.
The US telecommunications services industry includes about 60,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $620 billion.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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