Telecommunication Market: Will Generate Massive Revenue In Future – A Comprehensive Study On Key Players 2019 - 2027
Telecommunication Market: Introduction The global telecommunication market is projected to reach value of US$ 2.5 Trn by 2030. The market is projected to expand at a CAGR of ~ 5% from 2020 to 2030 . Expansion of the telecommunication market can be attributed to the high demand for telecommunication services in on-premise and cloud based solutions among growing industries. Asia Pacific is anticipated to lead the global telecommunication market in terms of revenue, followed by North America and Europe, during the forecast period. Tablets and smartphones support video and audio conferencing, instant messaging (IM), email, and social networking via PBX mobile extensions and software clients. Hence, a majority of IP PBX vendors have integrated voice into their UCC portfolios to further extend the enterprise UCC functionality to tablets, cell phones, and smartphones via mobile client software. This functionality was traditiona...