Global Telecommunication Services
Summary
Global Telecommunication Services industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The telecommunication services market is defined as the total volume and value of both the fixed line and the wireless telecommunications market. The market volume here is defined as the number of fixed-line and wireless subscriptions.
- The global telecommunication services market recorded revenues of $1,415.6 billion in 2023, representing a compound annual growth rate (CAGR) of 1.3% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 3.3% between 2018 and 2023, reaching a total of 9,942.9 million subscriptions in 2023.
- The growth in the market is attributed to the increase in mobile penetration. According to the World Bank, mobile penetration in the US stood at 111.5 per 100 people in 2023, an increase of 1.2% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global telecommunication services market
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global telecommunication services market with five year forecasts by both value and volume
- What was the size of the Global telecommunication services market by value in 2023?
- What will be the size of the Global telecommunication services market in 2028?
- What factors are affecting the strength of competition in the Global telecommunication services market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's telecommunication services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the key market players?
- 7.2. What strategies do the key market players follow?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. China Mobile Communications Corporation
- 8.2. AT&T Inc
- 8.3. Deutsche Telekom AG
- 8.4. Verizon Communications Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global telecommunication services market value: $ billion, 2018-23
- Table 2: Global telecommunication services market volume: million Subscriptions, 2018-23
- Table 3: Global telecommunication services market category segmentation: % share, by value, 2018-2023
- Table 4: Global telecommunication services market category segmentation: $ billion, 2018-2023
- Table 5: Global telecommunication services market geography segmentation: $ billion, 2023
- Table 6: Global telecommunication services market value forecast: $ billion, 2023-28
- Table 7: Global telecommunication services market volume forecast: million Subscriptions, 2023-28
- Table 8: China Mobile Communications Corporation: key facts
- Table 9: AT&T Inc: key facts
- Table 10: AT&T Inc: Annual Financial Ratios
- Table 11: AT&T Inc: Key Employees
- Table 12: Deutsche Telekom AG: key facts
- Table 13: Deutsche Telekom AG: Annual Financial Ratios
- Table 14: Deutsche Telekom AG: Key Employees
- Table 15: Deutsche Telekom AG: Key Employees Continued
- Table 16: Verizon Communications Inc.: key facts
- Table 17: Verizon Communications Inc.: Annual Financial Ratios
- Table 18: Verizon Communications Inc.: Key Employees
- Table 19: Verizon Communications Inc.: Key Employees Continued
- Table 20: Global exchange rate, 2018-23
- List of Figures
- Figure 1: Global telecommunication services market value: $ billion, 2018-23
- Figure 2: Global telecommunication services market volume: million Subscriptions, 2018-23
- Figure 3: Global telecommunication services market category segmentation: $ billion, 2018-2023
- Figure 4: Global telecommunication services market geography segmentation: % share, by value, 2023
- Figure 5: Global telecommunication services market value forecast: $ billion, 2023-28
- Figure 6: Global telecommunication services market volume forecast: million Subscriptions, 2023-28
- Figure 7: Forces driving competition in the global telecommunication services market, 2023
- Figure 8: Drivers of buyer power in the global telecommunication services market, 2023
- Figure 9: Drivers of supplier power in the global telecommunication services market, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the global telecommunication services market, 2023
- Figure 11: Factors influencing the threat of substitutes in the global telecommunication services market, 2023
- Figure 12: Drivers of degree of rivalry in the global telecommunication services market, 2023
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