Global Internet Service Providers (ISP) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet.
Market Overview:
The latest research study on the global Internet Service Providers (ISP) market finds that the global Internet Service Providers (ISP) market reached a value of USD 880420.0 million in 2022. It’s expected that the market will achieve USD 1089490.0 million by 2028, exhibiting a CAGR of 3.61% during the forecast period.
Affect the normal operation of the industry
Network operators need to be able to order and receive new hardware and consumables to implement network upgrades and replace components that fail. If countries close borders, shortages or delays in the global supply chains could prevent network operators from repairing an outage or upgrading their capacity. Some governments have imposed mobility restrictions that could affect the workforce available to perform critical operations in datacenters, on cable paths, at cell sites, and other critical infrastructural locations, as well as customer sites.
Improve service quality
Throughout the pandemic, ISPs have seen internet traffic spikes of up to 50% in parts of the world. For example, the Deutsche Commercial Internet Exchange in Frankfurt, Germany, set a new world record for data throughput (9.1 terabits per/second) in early March 2020. Because more people are working at home and can’t socialize with family and friends, videoconferencing usage has swift growth. For one meeting, Microsoft had to raise the limit on an Azure Stream from 10,000 to 100,000 users. Global cellphone providers reported spikes of more than 40%, while virtual private network (VPN) traffic increased by as much as 65%.
To help ensure continuous service during peak times, hundreds of ISPs have extended data caps and increased connectivity speeds for residential subscribers. In Europe, data providers agreed to transmit only standard-definition video, reducing the traffic burden on networks by as much as 25%. As ISPs build out networks, they will also strengthen “last-mile” connections to residential customers by replacing old infrastructure (e.g., phone and cable lines) with reliable and faster underground fiber optic lines.
Telecommunication infrastructure construction
In recent years, the global basic telecom operators have continuously updated their backbone networks, and the construction of 5G networks has been accelerating. The increasing bandwidth and flexible access methods have provided a solid foundation for various Internet applications.
In recent years, a new round of scientific and technological revolution and industrial transformation have developed rapidly. The Internet has been rapidly extended from the consumption field to the production field, and the industrial economy has been deeply expanded from digitalization to networking and intelligence, giving birth to the industrial Internet. The Internet has strong permeability, and can be deeply integrated with the real economy such as transportation, logistics, energy, medical treatment, agriculture, etc., realizing the extensive interconnection between upstream and downstream industries and across fields, promoting the scientific leap of network applications from virtual to physical, from life to production, and greatly expanding the development space of network economy.
From the perspective of industrial ecology, the integration and development of 5G and industrial Internet has created more opportunities for vertical segmentation of industries.
The continuous construction of telecommunication infrastructure and the rapid deployment of 5G drive the development of Internet Service Providers.
Fierce market competition
As everything today is driven by the Internet, the demand for reliable high-speed Internet has doubled. Whether it's cars, homes, televisions, speakers, or even some household appliances, almost everything can be made convenient through the Internet.
The increasing demand for the Internet enables many Internet service providers to take advantage of this opportunity and provide services according to users' needs. With the increasing market demand, Internet service providers offer different Internet packages with different speeds and better pricing to attract customers. The competition intensity in the Internet Service Providers industry has increased and suppliers adopt strategies such as price premium to maintain market competitiveness.
Segmentation Overview:
By type, System Integration segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Entertainment segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Internet Service Providers (ISP) market covered in Chapter 3:
Dell
ATandT
Cisco
GE
HP
CSC
Amazon Web Services
CTS
TCS
Ericsson
Google
Infosys
General Electric
Atmel
Bosch
Hitachi
IBM
Atos
EMC
Infineon Technologies
Huawei
Accenture
In Chapter 4 and Chapter 14.2, on the basis of types, the Internet Service Providers (ISP) market from 2018 to 2029 is primarily split into:
Installation Service
System Integration
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Internet Service Providers (ISP) market from 2018 to 2029 covers:
Online E-trading
Entertainment
Corporations
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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