South Pacific Islands benefiting from improved international telecoms infrastructure The demand for data-based services in the Pacific region is growing, aligning with similar trends around the world. In particular, the demand for mobile broadband is increasing due to mobile services being the primary and most...
The Global Network Market (henceforth referred to as the market studied) was valued at USD 11.37 billion in 2020, and it is expected to reach a value of USD 40.25 billion by 2026 while registering a CAGR of 23.95% during the period of 2020-2025 (henceforth referred to as the forecast period). Presently, enterprise networks are under pressure,...
The global 5G core market size is projected to grow from USD 630 million in 2020 to USD 9,497 million by 2025, at a Compound Annual Growth Rate (CAGR) of 72.0% during the forecast period. The 5G core market is gaining traction due to the evolution of cellular network technology, which has offered higher data speeds and lower latency. The 5G...
The gaming industry is expected to register a CAGR of 12% during the forecast period (2021 - 2026). The most recent trend is the growing availability and popularity of multi-functional gaming console, which is emerging in the market and helping in growing the market of video games in the region. - The African region is one of the regions...
The 5G enterprise market is expected to grow from USD 2.1 billion in 2021 to USD 10.9 billion by 2027, at a CAGR of 31.8%. A few major factors driving the growth of this market are the emergence of Industry 4.0 paving the way for mMTC, the development of smart infrastructure, and the delivery of differentiated 5G services using network slicing...
The global 5G IoT market size is projected to grow from USD 2.6 billion in 2021 to USD 40.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 73.0% during the forecast period. The growth of this market can be attributed to the growing demand for new emerging use cases, such as smart grid, telemedicine, connected cars, and industrial...
All districts of Havana province to have internet access by end-2021 Cuba’s telecom sector remains a peculiarity, with state control having stymied rather than promoted the development of all sectors. The country has the lowest mobile phone and internet penetration rates in the region, while fixed-line teledensity...
Estonia’s MNOs prep for delayed 3. 5GHz 5G auction Estonia’s competitive telecom market continues to progress with a range of regulatory measures which have enabled alternative operators to chip away at the fixed-line market share of the incumbent telco Telia Estonia. Fixed-line infrastructure upgrades have been...
The 5G Industrial IOT market size is projected to grow from USD 0.5 billion in 2020 to USD 15.7 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 79.1% during the forecast period. The major factors driving the growth of the 5G Industrial IOT market include growth in data traffic due to increasing number of IoT devices across manufacturing...
The global 5G security market size is projected to grow from USD 580 million in 2020 to USD 5,226 million by 2026, at a Compound Annual Growth Rate (CAGR) of 44.3% during the forecast period. The 5G security market is gaining traction due to rising security concerns in the 5G networks, increasing ransomware attacks on IoT devices, rising attacks...