Telecommunications (telecom) market Research Report is helpful for market players to determine competitive landscape and growth prospects. An extensive analysis of the global industry is provided for the forecast period, 2017–2022
telecommunications (telecom) market is a part of the information and communication technology industry. The market is primarily engaged in operating and providing access to facilities for the transmission of voice, data, text and video.
The Americas was the largest region in the telecom market in 2016, accounting for around 35% market share. The Americas is the largest market because of high internet penetration, access to smart phone devices and advancements in the technology.
Asia was the second largest region accounting for around 30% market share. Europe was the third largest region accounting for around 23% market share.
The Middle East & Africa was the fourth largest region accounting for around 8% market share. Oceania was the fifth largest region accounting for around 3% market share.
Internet TV is Gaining Traction - Internet TV is gaining acceptance and being preferred by customers in the developed markets. The traditional pay-TV industry has been facing severe competition from online video streaming service providers.
The low-cost video streaming service providers are threatening the pay-TV business model and forcing traditional pay-TV service providers to offer internet TV services to their subscribers. For example, DISH Network Corp.
has launched the internet TV service Sling TV along with their pay-TV services.
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