In a recent published report, Kenneth Research has updated the market report for Indian Telecom Services Market for 2024 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2024- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2024, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2024. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2024. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2024. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2024 till March 2024 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Indian Telecom Services Market products.
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In the United States, internet access to households grew from around 73% of the households in 2015 to close to 80% of the households in 2019. In Korea, it was around 98% in 2014 which grew to nearly 100% in 2024. On the other hand, in the Netherlands, internet access to households touched nearly 98% in 2019. Countries in the Latin America, such as Brazil and Mexico grew at a significant pace by about 1.45x and 1.63x respectively within a span of 4 years between 2015 and 2019.
The Indian Telecom services market is one of the fastest growing markets in the world. Telecommunications is one of the prime support services needed for rapid growth and modernisation of various sectors of the economy. The policies and regulatory frame works implemented by TRAI (Telecom Regulatory Authority of India) created a potential environment for service providers. The increasing network coverage and decreasing of tariff rates due to heavy competition were the potential drivers in the past few years. Some of the major players include Bharti airtel, Vodafone, Idea Cellular and etc. The report provides unique insights into and in-depth analysis of Telecom Service Providers in India, drivers and restraints as well as growth opportunities. It also contains analysis and forecasted revenues, competitive landscape, company profiles and industry trends.
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Table of Contents
1 Industry Overview
1.1 Industry Trends
1.2 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.3.1 Infoholic Research Forecasting Model
2.3.2 Findings From Different Sources
2.4 Report Assumptions
3 Report Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Parent/Related Markets
4 Market Characteristics
4.1 Evolution of Market
4.2 Value Chain
4.3 Market Segmentation
4.3.1 Providers
4.3.2 Services
4.3.3 Technologies
4.3.4 Regions
4.3.5 Verticals
4.4 Market Dynamics
4.4.1 Drivers
4.4.1.1 Increased application usage through smartphones, affordable services and device price
4.4.1.2 Increased demand for Internet services
4.4.2 Restraints
4.4.2.1 Improper spectrum allocation
4.4.2.2 Slow ahead of rural expansion due to lack of telecommunication infrastructure
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4.4.3 Opportunities
4.4.3.1 Raise of cloud hosted services and data center services
4.4.3.2 Increasing demand for 4th Gen technology
4.4.3.3 Demand for rural region – connecting India
4.4.3.4 Enterprises eye on smart cities and digital India
4.4.4 DRO – Impact Analysis
4.5 Porter 5 (Five) Forces
5 Trends & Roadmap
5.1 Market Trends
5.2 Technology Roadmap
6 Providers: Market Size & Analysis
6.1 Overview
6.2 Network Equipment Providers
6.3 End-user Equipment Providers
6.4 Others
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