According to a new market report published by Transparency Market Research, the global telecom service provider investment (CAPEX) market was valued at US$ 290.4 Bn in 2016 and is expected to expand at a CAGR of 7.1% from 2018 to 2026, reaching US$ 576.3 Bn by the end of the forecast period. According to the report, the global telecom service provider investment (CAPEX) will continue to be influenced by a variety of macroeconomic and industry-specific factors.
Asia Pacific will continue to be at the forefront of global telecom investment, with the market in the region growing at a CAGR of about 7.7% throughout the forecast period. Asia Pacific region is expected to see prominent capital investment due to rising 5G-related spending from operators which are focused on strengthening their fiber-based fixed broadband and backbone networks.
The global telecom service provider investment (CAPEX) is majorly driven due to rising demand for 5G connectivity which has led to a rise in investment from telecom service providers in every zone. 5G connectivity is likely to enhance the working of networks.
Moreover, rapid development in terms of research activities with respect to innovative telecom equipment and services by equipment manufacturers is allowing telecom service providers to deploy or launch their 5G services as per their intended schedule. Furthermore, telecom operators are focusing significantly on expanding their network coverage range and network capacity in order to improve their market position.
As demand for mobile broadband services continues to rise, mobile wireless network service providers are focusing on expanding their network capacity. However, the global telecom service provider investment (CAPEX) is expected to remain challenged due to the increasing emphasis of enterprises on owning and leasing telecom towers to telecom companies which requires less capital expenditure. However, penetration of Internet of Things (IoT) technology is expected to offer huge opportunities for telecom operators to invest, in order to offer advance products.
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The telecom service provider investment (CAPEX) analysis data estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews about the study, across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to get latest insights and validate the existing data and analysis. Primary interviews offer new and fresh information on important factors such as industry trends, CAPEX spending, growth trends, etc. These factors help to validate and strengthen secondary research findings.
Major strategies adopted by telecom operators include strategic acquisitions and partnerships. Major telecom players studied in the report are China Mobile Ltd., Verizon Communications Inc., AT&T Inc., Vodafone Group plc, Nippon Telegraph & Telephone Corporation, Telefonica S.A., America Movil, China Telecom, and SoftBank, Deutsche Telekom. These telecom service provider either purchase hardware form OEMs or avail services from EPCs.
Some other significant EPC players active in the telecom service provider investment (CAPEX) are Bechtel Corporation, Jacobs, Black & Veatch Holding Company, KCI Technologies, GPD Group, Morrison Hershfield, TECTONIC Engineering & Surveying Consultants P.C., KLJ, and Burns & McDonnell. Various OEMs players profiled areHuawei Technologies Co., Cisco Systems, Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Fujitsu Ltd., Ltd., ZTE Corporation, Samsung, Qualcomm Incorporated,and NEC Corporation.