The Report Covers US Telecom Industry Share and Companies. The Market is segmented by Service into Voice Services (Wired, Wireless), Data and Messaging Services, and OTT and Pay TV.

The telecommunications firm Verizon is the leading provider of mobile services in the United States, with a market share of nearly ** percent of wireless subscriptions as of the last quarter of 2024. T-Mobile and AT&T are the other major wireless carriers in the U.S. market.  The market share is based on subscription figures reported by the companies in quarterly earnings and financial statements. Mobile virtual network operator (MVNO) subscriptions were not considered for the statistic. Seismic shift: T-Mobile and Sprint Merger T-Mobile’s **** billion U.S. dollar acquisition of Sprint Corp. became official on 1st April 2020, a merger that temporarily reduced the number of major wireless providers in the United States. Under the terms of the merger, T-Mobile acquired Sprint’s ***** million postpaid subscribers, joining the 47 million T-Mobile postpaid wireless subscribers. DISH Network Corporation acquired Sprint’s prepaid mobile business, Boost Mobile, raising that number to ****, satisfying the United States Department of Justice (DOJ) that the market would remain competitive.  T-Mobile is the largest U.S. telco by market cap As of 2024, T-Mobile had a market capitalization of over *** billion U.S. dollars, the highest of any U.S. telecommunications company. Beijing-based China Mobile and U.S. giant Verizon trailed, with a market cap of *** and *** billion U.S. dollars, respectively. Comcast and AT&T were valued at *** and *** billion U.S. dollars, respectively.

The global Telecommunications Services market is poised for significant growth, expanding from 2,202.7 Billion in 2025 to 4,096.0 Billion by 2035. The market grows at a CAGR 6.4% from the period 2025 to 2035.

Attributes	Description
Historical Size, 2024	USD 2,070.2 billion
Estimated Size, 2025	USD 2,202.7 billion
Projected Size, 2035	USD 4,096.0 billion
Value-based CAGR (2025 to 2035)	6.4% CAGR

Category-wise Insights

Segment	E-Commerce (End User)
CAGR (2025 to 2035)	7.8%

Segment	BFSI (End User)
Value Share (2025)	22.3%

Semi-Annual Market Update

Particular	Value CAGR
H1	5.8% (2024 to 2034)
H2	6.5% (2024 to 2034)
H1	5.6% (2025 to 2035)
H2	6.8% (2025 to 2035)

Country-wise Insights

Countries	CAGR from 2025 to 2035
India	8.2%
China	7.1%
Germany	4.6%
South Korea	5.1%
United States	5.6%

The Telecom Industry in India Report is Segmented by Services (Voice Services (Wired and Wireless), Data and Messaging Services, and OTT and Pay TV Services). The Market Sizes and Forecasts are Provided in Value (USD) for all the Above Segments.

As of the third quarter of 2024, Telkom led the mobile operator market in Indonesia, accounting for nearly ** percent of the total generated revenue. It was followed by Indosat Ooredoo Hutchison with a share of around ***** percent, and XL Axiata with about **** percent. Indonesian mobile operators over the years The Indonesian telecommunications industry has seen significant changes over the years. There used to be numerous mobile operators competing in the market, but over time, smaller players struggled to keep up with the costs of investing in infrastructure and competing with larger companies. In 2022, Indosat Ooredoo and Hutchison 3 Indonesia merged to form Indosat Ooredoo Hutchison, which became the second-largest operator after Telkom. More recently, in December 2024, XL Axiata and Smartfren announced their merger, reflecting a shift in the industry toward fewer, larger players. Telkom Indonesia’s dominance Amidst the changing market, Telkom Indonesia continues to lead the industry, generating over *** trillion Indonesian rupiah in revenue in 2023. This strong financial position allows the company to invest more in infrastructure, leading to a wide gap between Telkom and its competitors. By 2023, Telkom had ***** times more 5G base transceiver stations (BTS) compared to Indosat, highlighting the company’s role in embracing technology advancements in Indonesia. However, despite Telkom’s consistently growing revenue over the past decade, its growth rate has slowed in recent years. In the future, innovation and excellence in customer experience would be essential for operators to remain competitive in the market.

Reliance Jio held the highest share of subscribers, at around **** percent, in the wireless network market across India as of December 2024. The company had over *** million subscribers during the same time period. The number of mobile subscribers across the south Asian country surpassed a billion in 2016. Telecommunication sector in India The Indian telecom industry registered strong growth in recent years and became the second-largest telecommunications industry in the world. The country also ranked second in terms of total internet users worldwide in 2025. The gross revenue from the telecom services industry amounted to around three trillion Indian rupees in 2022. Government initiativesFast-tracked changes in the sector continue to be growth drivers for the industry. In 2020, a hundred percent FDI was allowed in Bharti Airtel. The investment cap was also increased to a hundred percent, previously at 74. The ‘Digital India’ program was also introduced in 2015, under which all sectors, including healthcare, retail and others were planned to be digitalized.

The global telecommunication market size was worth more than USD 2.26 trillion in 2024 and is poised to witness a CAGR of more than 6.1%, crossing USD 4.88 trillion revenue by 2037. Mobile Data Services segment is expected to hold 35% share by 2037, influenced by increasing use of cellphones and the demand for high-speed broadband services.

The US telecom industry offers a diverse portfolio of products and services catering to a wide range of consumer and business needs. While traditional voice services, both wired and wireless, remain a crucial element, they are increasingly being enhanced by technologies like Voice over LTE (VoLTE) and Voice over IP (VoIP), delivering improved call quality and features. Data services, encompassing mobile and fixed broadband internet access, are experiencing the most significant growth, underpinning the rapid expansion of digital applications and services. Over-the-top (OTT) services, including popular streaming platforms and messaging applications, have disrupted traditional media and communication models, offering consumers greater choice and affordability. Finally, pay TV services, comprising cable and satellite television, continue to provide entertainment and information content, though facing increasing competition from streaming alternatives. Recent developments include: September 2022: AT&T unveiled its collaboration with Ford, thereby promising to deliver 5G Connectivity to the heavy-duty 2023 models of Ford. This ensures faster navigation, mapping, and audio downloads with AT&T 5G and enables Ford Power-Up software upgrades to be downloaded easily. This development will help the vehicle get better over time., August 2022: in association with Canva and Meta, T-Mobile launched an offer for small business enterprises to improve their marketing for free with user-friendly, skilled design and advertising resources. Through the end of the year, T-Mobile is providing Canva Pro on Us to ALL qualified small business customers, in addition to USD 200 in free Facebook and Instagram advertising.. Key drivers for this market are: Growth of Mobile Internet Connection, Deployment of 5G network in the United States. Potential restraints include: , Lack of Control over Operations and Cost Visibility. Notable trends are: Deployment of 5G Networks in the United States.

The Market Report Covers Chinese Telecom Companies and is Segmented by Services, which have been further classified into Voice Services (wired, wireless), data and messaging services, and OTT and pay TV. The market size and forecasts are provided in terms of value (USD million) for all the above segments.

As of 2023, telecommunication operators Elisa and Telia held nearly equal market shares of ** and ** percent in Finland. The third nationwide telecommunication operator DNA had a share of ** percent, while other companies accounted for ** percent of the telecommunications market. Since 2017, Telia Finland (previously TeliaSonera Finland Oyj) is a part of the Telia Company. The majority of the telecommunications industry revenue in Finland comes from mobile network operations.

The statistic illustrates the size of the telecommunications sector in Iran, from 2009 to 2020. In 2013, Iran's telecom sector was valued at ** billion U.S. dollars. As of 2014, Iran's telecom sector was the ****** largest in the Middle East.

The market share of CelcomDigi reached **** percent in the telecommunications sector in Malaysia in 2023. This was followed by Telekom Malaysia (TM) with **** percent of the market share. CelcomDigi became the largest telecommunication company in the country after a successful merger between Celcom and Digi in November 2022.

As of June 2024, TIM was the market leader among telecommunication companies providing fixed-line networks in Italy, given that they accounted for almost ** percent of the market. Vodafone, Wind Tre and Fastweb followed far behind and their market shares were equal to ****, ****, and **** percent, respectively.

According to Cognitive Market Research, the global telecom services market size was USD 1794.9 billion in 2022 and will grow at a compound annual growth rate (CAGR) of 6.60% from 2023 to 2030. How are the Key Drivers Affecting the Telecom Services Market?

Rise in Investment in Wireless Communications of the Future help in the Growth of the Market

The demand is driven by higher expenditure on next-generation wireless communication setups due to preferences shifting toward 5G networks and cloud-based technology. The market is expected to increase fast as a result of rising demand for high-speed data connectivity, increasing worldwide digitalization, and the proliferation of OTT platforms. The proliferation of 5G-enabled smartphones in every country is a major driver of market expansion. The epidemic has increased the market's size as well. Around the world, entertainment platforms have gained enormous popularity when individuals are alone at home.

For instance, in 2023, the global telecommunications market is predicted to grow strongly, with forecasted global spending of 1.5 trillion US dollars. This is a 2.8 percent increase over the projected expenditure for 2022. In a time of flexible work, the dependability of telecom services has grown more crucial as businesses and governments see the significance of telecom investment in the digital economy.

(Source:www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/telecommunications-industry-outlook.html)

The Factors Hindering the Growth of the Telecom Services Market

Network Congestion and Capacity Limitations Hinder Market Growth

As the demand for data and connectivity continues to grow, networks can become congested, leading to degraded service quality and slower data speeds. The rapid increase in data consumption due to streaming, online gaming, video conferencing, and other bandwidth-intensive activities substantially strains existing network infrastructure. This need is increased further by the expansion of Internet of Things (IoT) devices and the deployment of 5G networks, which allow for ever more data-hungry applications.

Regulatory Fragmentation and Compliance Costs can hamper the market.

One of the key restraints in the international telecom services market is the fragmented and complicated regulatory environment in various geographies. Telecom operators have to deal with an array of regulations related to data privacy, net neutrality, spectrum management, and cybersecurity, which are highly dissimilar across countries. This regulatory fragmentation raises the cost of compliance and operational complexity, which acts as a deterrent to the provision of seamless services across geographies by telecom companies. Enforcement of rigorous data protection legislation, like the General Data Protection Regulation (GDPR) of the European Union, places tremendous compliance burdens on telecommunications operators. (Source: - https://gdpr.eu/what-is-gdpr/ ) These rules mandate telecommunication firms to invest in effective data protection infrastructure, undertake regular audits, and maintain transparency of data handling policies. Failure to comply can attract heavy fines and damage to their reputation. Net neutrality laws that require internet service providers to treat all data on the internet on an equal footing, without favoritism or charging differently per user, content, website, platform, or application, are quite different geographically. Evolutions in net neutrality policies may impact the business models of telecommunications operators, as they influence the pricing and offering of services.

Key Opportunity of the market.

Integration in Edge Computing can be an opportunity.

Edge computing enables near-source or network edge data processing and analysis in place of distant data centers. This significantly lessens data transit times, resulting in lower latency. In contexts where real-time or near-real-time feedback is paramount such as autonomous vehicles, telemedicine, and industrial automation, lower latency is crucial. Telecom services that integrate edge computing have provided the low-latency infrastructure essential for these applications, making them more efficient and reliable. Edge computing minimizes the requirement to send large volumes of data over long distances to centralized data centers. Rather, only processed or pertinent data is sent, reducing the...

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Battery Market In Telecommunication Industry Size 2025-2029

The battery market size in telecommunication industry is forecast to increase by USD 7.34 billion at a CAGR of 15.2% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing power consumption in the telecommunications industry. This trend is being fueled by the proliferation of 5G networks and the Internet of Things (IoT), which require more power to support their operations. Additionally, the decline in lithium-ion battery prices and diesel prices is making these energy sources more cost-effective for telecom companies, further boosting market growth. However, challenges such as the need for reliable and long-lasting batteries, as well as the environmental concerns surrounding battery disposal, remain key obstacles to market expansion.
Companies in the telecommunications sector seeking to capitalize on this market opportunity must focus on developing innovative battery solutions that address these challenges while meeting the increasing power demands of their networks. Strategic partnerships, research and development investments, and a commitment to sustainability will be essential for success in this dynamic and evolving market.

What will be the Size of the Battery Market In Telecommunication Industry during the forecast period?

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The market encompasses various battery types, including lithium-ion, lead-acid, flow, nickel-metal hydride, sodium-sulfur, zinc-manganese dioxide, and SLI batteries. These batteries cater to diverse applications, such as consumer electronics, portable devices, industrial equipment, power tools, automotive needs, and grid storage. The market's growth is driven by the increasing demand for sustainable transportation, renewable energy infrastructure, and carbon emissions reduction.
Electric vehicles, a significant segment, necessitate large-scale battery production capacity to meet growing consumer demand. Battery innovations continue to emerge, with advancements in energy storage solutions and sustainable energy sources shaping the market's future direction. Overall, the telecommunication industry battery market is poised for significant expansion, fueled by the global shift towards sustainable and efficient energy solutions.

How is this Battery Market In Telecommunication Industry segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Capacity

  Low
  Medium
  High


Product

  Lead-acid battery
  Li-ion battery
  Others


Application

  Base stations
  Backup power systems
  Data centers
  Small cells
  Mobile devices


End-user

  Mobile network operators (MNOs)
  Internet service providers (ISPs)
  Data center operators
  Government/enterprises


Technology

  Traditional
  Advanced
  Renewable integration


Geography

  APAC

    Australia
    China
    India
    Japan
    South Korea


  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  Middle East and Africa



  South America

By Capacity Insights

The low segment is estimated to witness significant growth during the forecast period. The low capacity battery segment, which includes rechargeable batteries with a lower charge capacity, primarily serves the market for portable electronic devices such as smartphones, laptops, and power banks. The increasing global demand for these devices, fueled by the expanding population and rural infrastructure projects, will drive the growth of this segment in the telecommunication industry market between 2025 and 2029. Furthermore, the accelerated development of telecommunication infrastructure and the expanding renewable energy sector will increase the demand for energy storage solutions, benefiting the low capacity battery segment. Lithium-ion batteries, a popular choice for portable electronics due to their high energy density and fast charging speed, dominate this segment.

Other battery types, including lead-acid, flow, nickel-metal hybrid, sodium-sulfur, zinc-manganese dioxide, and SLI batteries, also find applications in specific niches within the telecommunication industry. The global battery market in the telecommunication industry is expected to grow significantly due to the increasing demand for energy storage solutions in renewable energy projects, backup power solutions, and the automotive sector. The market is further driven by the need for sustainable transportation, grid storage, and consumer electronics, as well as the shift towards sustainable materials and ethical sourcing practices in battery production. Lithium-ion battery recycling and the development of solid-state and lithium-sulfur batteries are key areas of focus for fut

The wireless telecommunication carrier industry has witnessed significant shifts recently, driven by evolving consumer demands and technological advancements. The popularity of smartphones and rising data consumption habits have mainly driven growth. Households have chosen to disconnect their landlines to cut costs and receive network access away from home. Industry revenue was bolstered during the current period by a surge in mobile internet demand. The revival of unlimited data and call plans prompted industry-wide adjustments to pricing and data offerings. While competition has intensified, leading to price wars and slender margins, carriers have embraced bundled offerings of value-added services, like streaming subscriptions, to distinguish themselves. Despite these efforts, revenue growth remains sluggish amid high operational costs and a saturated market. Overall, Wireless Telecommunications Carriers' revenue has modestly grown at an annualized rate of 0.1% to total $340.3 billion in 2025, when revenue will climb an estimated 6.0%, as the early shift to fifth-generation (5G) enables businesses to renegotiate the current product-price paradigm with consumers. The industry is defined by a transition from primarily providing voice services to focusing on providing data services. Technological change, namely the shift from fourth-generation (4G) wireless data services to 5G, continues to shape the industry. Companies expand scope through mergers and acquisitions, acquiring spectrum and niche customer bases. The battle for wireless spectrum intensified as 5G technology became a focal point, requiring carriers to secure valuable frequency bands through hefty investments. For instance, Verizon's $45 billion expenditure in the C-band spectrum auction highlights the critical importance of spectrum acquisition. While Federal Communications Commission (FCC) regulations have curtailed large-scale consolidations, strategic alliances and mergers have been common to share infrastructure and expand market reach. Also, unlimited data plans have shaken up cost structures and shifted consumers to new providers. Following the expansion of unlimited data and calls, profit is poised to inch downward as the cost of acquiring new customers begins to mount. Profitability is additionally hindered by supply chain disruptions, which still loom large, as equipment delays and price hikes impact rollout timeliness. Industry revenue is forecast to incline at an annualized 5.4% through 2030, totaling an estimated $443.5 billion, driven by the expansion of mobile devices using data services and increasing average revenue per user. As the rollout of 5G networks increases the speed of wireless data services, more consumers will view on-the-go internet access as an essential function of mobile phones. Moving forward, the industry landscape will be characterized by the heightened competition among carriers for wireless spectrum, an already scarce resource and efforts to connect more Americans in remote parts of the country to fast and reliable internet. Subscriber saturation presents a formidable challenge, compelling carriers to focus on existing customers and innovative service packages. Companies like AT&T and Verizon are pioneering flexible infrastructure projects, which could redefine the industry’s operational efficiency. Despite facing spectrum supply limitations, the industry is poised to benefit from seamless connectivity solutions for various sectors, potentially redefining wireless carriers’ roles in an increasingly interconnected world.

As of May 2025, MTN was Nigeria's largest mobile telecoms operator, with roughly ***** percent of the market share. Airtel and Globacom followed directly, holding about **** percent and ** percent of the share, respectively. The Central Bank of Nigeria recently licensed mobile providers to operate mobile payments. Mobile money allows you to receive, store, and spend money using a mobile phone. This service can be provided by banks, mobile money operators (MNOs), telecom companies, payment service providers, or similar. The service allows people to transfer money in absence of banks and ATMs. Indeed, the banked population in Africa is among the lowest in the world. Mostly for rural areas, this represents a significant financial inclusion.

The Report Covers Germany Telecom Companies and market is segmented by Services (Voice Services (Wired, Wireless), Data and Messaging Services, and OTT/Pay TV Services). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

The wholesale telecom market size was valued at USD 470.46 billion in 2024 and is expected to reach USD 1.74 trillion by 2037, expanding at around 10.6% CAGR during the forecast period i.e., between 2025-2037. North America industry is predicted to dominate majority revenue share of 43% by 2037, impelled by well-advanced telecommunication infrastructure with continuous development going on in the telecom industry in the region.

The AI in Telecommunication Market is projected to grow from USD 2.5 billion in 2024 to USD 20.8 billion by 2034, registering a CAGR of 24.3%.