This statistic shows the global telecom services spending from 2018 to 2024. About 1,553 billion U.S. dollars is forecast to be spent globally in telecom services in 2020.

Telecom services spending – additional information

The telecommunication services industry, which includes fixed-network services and mobile and wireless services, is a trillion-dollar market projected to grow in the next few years. Global telecommunication spending is forecast to amount to 1.44 trillion U.S. dollars by 2019. This projection shows a considerable increase from the 2014 figure, when global spending was estimated at 1.32 trillion U.S. dollars. The Asia Pacific region is the most valuable telecommunication services market worldwide. For 2019, the Asia Pacific region is expected to generate 441.5 billion U.S. dollars in revenues from telecom services. North America and Europe are also important telecom service markets worldwide.

Wireless telecom services account for the majority of the spending on telecommunication services. By 2018, wireless telecommunication services are expected to generate around 887.4 billion U.S. dollars in revenues by 2018. Fixed telecommunication services are forecast to amount to around 525 billion U.S. dollars in revenues in 2019.

The industry is dominated by multinational telecommunication service companies. The Dallas-based AT&T is a global leader, with a brand value of 107 billion U.S. dollars in 2016. Verizon, also an American giant, is the second biggest telecom service provider. In 2016, the company’s value was at 93 billion U.S. dollars. China Mobile, the British telecom company Vodafone, and Deutsche Telekom are also amongst the leading telecom brands worldwide.

The telecommunications services market revenue by the end of 2021 was US$ 1,725.1 Bn. The market is expected to reach US$ 3,303.3 Bn by 2032, as it is estimated to grow at a CAGR of 6.2% for 2022-2032.

Attribute	Details
Estimated Year (2022) Market Value	US$ 1,804.5 Billion
Projected Year (2032) Market Value	US$ 3,303.3 Billion
CAGR% (2022 to 2032)	6.2%
Top 5 Vendor Market Share	Around 40%

Scope of report

Attribute	Details
Market value in 2021	US$ 1,725.1 Billion
Market CAGR 2022 to 2032	6.2%
Share of top 5 players	Around 40%
Forecast Period	2022 to 2032
Historical Data Available for	2017 to 2021
Market Analysis	USD Million for Value
Key Regions Covered	North America, Latin America, Europe, South Asia & Pacific, East Asia and the Middle East & Africa
Key Countries Covered	USA, Canada, Germany, UK, France, Italy, Spain, Russia, China, Japan, South Korea, India, Australia & New Zealand, GCC Countries, Turkey and South Africa
Key Segments Covered	Type and End User
Key Companies Profiled	Cyient AT&T Nokia Idea Vodafone Reliance Bharti Airtel Verzion Communications Deutsche Telekom China Mobile Ooredo
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Report Metric	Details
Forecast Period	2022 to 2029
Base Year	2021
Historic Years	2020 (Customizable to 2014 - 2019)
Quantitative Units	Revenue in USD Million, Volumes in Units, Pricing in USD
Segments Covered	Product (Single-Channel, Dual-Channel), Technology (Direct Digital Synthesis AWG, Variable-Clock AWG, Combined AWG), Package (Double Play, Triple Play, Quad Play), End-User (Residential, Commercial, Others)
Countries Covered	U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered	AT&T Intellectual Property. (U.S.), Vodafone Group (U.K.), TELUS (U.S.), TalkTalk (U.K.), Rogers Communications (U.S.), Telenet Communications Inc. (U.S.), BCE Inc (U.S.), Telefónica S.A. (Spain), Airtel India. (India), T-Mobile USA, Inc. (Germany), Comcast (U.S.), Verizon (U.S.), CenturyLink. (U.S.)
Market Opportunities	Growing demands for high speed internet Rise in innovative services such as e-education and e-agriculture Rising investments in new telecommunication technologies

In 2022, the industry with the highest amount of telecommunication workers was in telecommunications equipment installers and repairs, except line installers, with approximately 105,000 employees.

In 2019, Telecommunications Output in the UK increased 1.6% compared to a year earlier.

According to employment figures, the number of telecommunications and internet services jobs in the United States rose to around 1.46 million in 2022, up from 1.4 million the previous year. This was the highest annual figure of the survey period stretching back to 2009.

Telecommunications sector.

Product information not available.

Expert industry market research on the Wired Telecommunications Carriers in the US (2024-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

This dataset provides information about the telecommunication activity over the Province of Trento. Full description of the files columns, and related publication

The global artificial intelligence in telecommunication market size is projected to be valued at US$ 1,180.9 million in 2023 and is anticipated to reach US$ 14,496 million by 2033, with a notable CAGR of 28.5% from 2023 to 2033.

Attributes	Details
Artificial Intelligence in Telecommunication Market CAGR (2023 to 2033)	28.5%
Artificial Intelligence in Telecommunication Market Value (2023)	US$ 1,180.9 million
Artificial Intelligence in Telecommunication Market Value (2033)	US$ 14,496 million

Report Scope

Report Attribute	Details
Base Year for Estimation	2022
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Artificial Intelligence in Telecommunication Market CAGR (2023 to 2033)	28.5%
Artificial Intelligence in Telecommunication Market Value (2023)	US$ 1,180.9 million
Artificial Intelligence in Telecommunication Market Value (2033)	US$ 14,496 million
Quantitative Units	Revenue in USD million and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Deployment Application Region
Regions Covered	North America Latin America Western Europe Eastern Europe South Asia & Pacific East Asia The Middle East & Africa (MEA)
Key Countries Profiled	The United States Canada Brazil Mexico Germany The United Kingdom France Spain Italy Poland Russia Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC Countries South Africa Israel
Key Companies Covered	IBM Corporation Microsoft Intel Corporation Google AT&T Intellectual Property Cisco Systems Nuance Communications, Inc. Evolv Technology Solutions, Inc. H2O.ai Infosys Limited Salesforce.com, Inc. NVIDIA Corporation
Customization	Available Upon Request

Graph and download economic data for Exports of Services: Telecommunications, computer, and information services (IEAXSTC) from Q1 1999 to Q4 2023 about telecom, computers, information, exports, services, and USA.

Brand loyalty is seen as a repeat purchase and the ability to recommend services or products. Telecommunication service providers require loyal customers to stay in business. The current study examines the impact of brand function and corporate image on customer loyalty in the telecommunication industry. The research employed a total of 971 responses from an anonymous online survey of telecommunication customers in Africa, Europe, and North America. Employing partial least squares, the study examined the relationships between brand function, corporate image, and loyalty. The result showed that brand function and corporate image have a significant positive effect on customer satisfaction. In addition, a machine learning algorithm was used to model the best prediction for consumer recommendations of products and services provided by their telecommunication service provider to friends and family.

Singapore Telecom Services Market OverviewThe total telecom and pay-TV service revenue in Singapore, when valued in local currency, is expected to increase at a CAGR of 0.3% during 2023-2028, primarily supported by Read More

The Telecommunications Overview provides a glimpse into various aspects of telecommunications in Canada and includes the following: a description of the entities proving telecommunications services, revenue details for the six sectors (local and access, long distance, data, private line, fixed Internet and mobile), insight into the sources of revenue growth in telecommunications, metrics such as capital expenditures and earnings before interest, taxes, depreciation and amortization, customer contacts and complaints, as well as summaries of the six telecommunications sectors. Longer-form descriptions are available for the retail fixed Internet and retail mobile sectors in separate sections of the 2018 Communications Monitoring Report.

Expert industry market research on the Global Wireless Telecommunications Carriers (2024-2029). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

List of entities that sell or lease a telecommunications service, provided by a Canadian Carrier to the Reseller on a wholesale basis.

Datasets from the Telecommunications Statistics and Market Report. This report is compiled by Statistics Jersey on behalf of the Guernsey Competition & Regulatory Authority (GCRA) and the Jersey Competition Regulatory Authority (JCRA). It presents statistics on the telecommunications sectors in the Bailiwicks of Guernsey and Jersey.

Connecticut General Statutes §16-50dd requires the Connecticut Siting Council to develop, maintain and update on a quarterly basis a Statewide Telecommunications Coverage Database that includes the location, type and height of all telecommunications towers and antennas in the state. Although the Siting Council has made every effort to ensure that this database is as inclusive as possible, it makes no representation that all telecommunications sites in the state are included in this listing. As the Siting Council becomes aware of sites that are unlisted, it takes steps to add these sites to the listing. The Council also welcomes corrections or additions to this database

The statistic depicts the the revenue of the global telecommunications services industry from 2012 to 2015, broken down by region. A revenue forecast for 2016 and 2019 is also shown. The revenue of the telecommunications services industry in Europe stood at 292 billion euros in 2012 and is expected to slip to 277 billion by 2019. Telecommunication market - additional information

The global revenue made from telecom services is expected to reach almost 1.2 trillion Euros in 2019. With an estimated value of 372 billion Euros in 2016, the fastest-growing telecommunications services market is the Asia-Pacific region, followed by North America and Europe. The telecommunications market size has increased in the past two decades, due to cheaper and innovative technologies, such as the Internet, which in turn created high demand and unprecedented access to communication channels. The market has also benefited from increasingly skilled personnel and extensive investment in the development of new technologies.

The telecommunication services market is made up of two main services: wireline and wireless. Wireline services include, among others, fixed voice telephony and fixed broadband access services. The wireless telecom segment includes mobile voice services and mobile broadband access. These services are offered by telecom service providers, whose main source of income on the telecom market is represented by subscription and other usage fees applied to individual users. The largest telecom operators in the world are currently two American multinational corporations: AT&T, headquartered in Dallas, Texas and Verizon Communications, based in New York. As of 2014, they each reported over 95 billion Euros in telecom revenue. Other strong players include China Mobile (China), Deutsche Telekom (Germany) and Orange (France).