Telecommunication Networking Equipment Manufacturing in the US - Industry Market Research Report
Description
Telecommunication Networking Equipment Manufacturing in the US
The Telecommunications Networking Equipment Manufacturing industry produces wired telecommunication equipment including network switches, routers, modems and gateways. This industry has experienced consistent declines in revenue over the years to 2023 despite an increasing number of broadband connections and a rising number of consumers that have acquired computers. Domestic demand for telecommunication network equipment products has greatly declined in the period, with a significant amount of demand satisfied by imports. The industry also experienced significant declines in revenue in 2020 because of volatility in the global economic environment brought on by the COVID-19 (coronavirus) pandemic. Revenue has plummeted, declining at a CAGR of 1.5% to reach $4.9 billion over the years to 2023. This includes a decline of 3.5% in 2023, in tandem with falling profit, as the industry continues to struggle in the wake of the pandemic and a shifting technological landscape.
This industry manufactures wired (voice and data) telecommunications equipment, including telephone switching systems, telephones and answering machines, data bridges, routers, modems and gateways. In addition, over the past 10 years, the industry has increasingly focused on manufacturing internet protocol-based telecommunications and networking equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Telecommunications Networking Equipment Manufacturing industry produces wired telecommunication equipment including network switches, routers, modems and gateways. This industry has experienced consistent declines in revenue over the years to 2023 despite an increasing number of broadband connections and a rising number of consumers that have acquired computers. Domestic demand for telecommunication network equipment products has greatly declined in the period, with a significant amount of demand satisfied by imports. The industry also experienced significant declines in revenue in 2020 because of volatility in the global economic environment brought on by the COVID-19 (coronavirus) pandemic. Revenue has plummeted, declining at a CAGR of 1.5% to reach $4.9 billion over the years to 2023. This includes a decline of 3.5% in 2023, in tandem with falling profit, as the industry continues to struggle in the wake of the pandemic and a shifting technological landscape.
This industry manufactures wired (voice and data) telecommunications equipment, including telephone switching systems, telephones and answering machines, data bridges, routers, modems and gateways. In addition, over the past 10 years, the industry has increasingly focused on manufacturing internet protocol-based telecommunications and networking equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
55 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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