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Global Communications Hardware Market Report (2021 to 2030) - COVID-19 Impact and RecoveryDUBLIN, April 1, 2021 The "Communications Hardware Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global communications hardware market as it emerges from the COVID-19 shut down. The global communications hardware market is expected to grow from $625. 11 billion in 2020 to $666. 53 billion in 2021 at a compound annual growth rate (CAGR) of 6. 6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $900. 88 billion in 2025 at a CAGR of 8%. Reasons to Purchase
Where is the largest and fastest growing market for communications hardware? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Communications Hardware market global report answers all these questions and many more.
Major companies in the communications hardware market include Apple; Samsung; Cisco Systems; Huawei Technologies and Ericsson. Rapid increase in energy consumption has been a major threat to environmental protection and sustainable development, thus driving the development of green technologies. For instance, communications hardware accounts for about 2%-4% of the total global carbon emissions. Due to access to the high-speed internet provided by next-generation wireless networks and increased smartphone usage, data traffic has increased significantly. This has triggered a significant expansion of network infrastructures and increased the energy demands. Environment friendly batteries, renewable energy sources, and intelligent management of the power systems are being developed to reduce carbon emissions. The communications hardware industry is increasingly targeted by hackers, so exposing various security issues. For instance, according to Avast 2019 Smart Home Security Report, 40. 8% of all smart homes have at least one vulnerable connected device and 59. 7% of household routers worldwide are vulnerable. Hackers disrupt, intercept or deny communications. Despite various measures taken by the companies, telecommunications hardware is still vulnerable to data thefts. Due to the extreme cases of surveillance, the U. S and Indian government banned the Huawei Company. Hence, these security issues hindered the growth of the communications hardware industry during the historic period. The communications hardware market is expected to be aided by rapid growth in investments in smart city projects in many countries globally. Smart city technologies use information and communication technologies to efficiently manage and operate urban services including transportation systems, water supply and law and order. These technologies are enabled through IoT technology. IoT is a convergence of computing devices, mechanical and digital objects. This system facilitates the transfer of data over a network without human interaction and minimal human to computer interaction. Smart cities are integrated with communication equipment, thereby benefitting the companies operating in this market. in 2018, APG Algemene Pensioen Groep N. V. announced investment of €250 million in "Smart City Infrastructure Fund", for development of smart city projects across North America, Europe, Australia and other major urban areas in the world. The concept of smart cities is becoming more popular in developing nations too. For instance, more than 1,000 smart city pilot projects are either ready for or are under construction globally and around 500 of these projects are in China. Key Topics Covered: 1. Executive Summary 2. Report Structure 3. Communications Hardware Market Characteristics 3.1. Market Definition 3.2. Key Segmentations 4. Communications Hardware Market Product Analysis 4.1. Leading Products/ Services 4.2. Key Features and Differentiators 4.3. Development Products 5. Communications Hardware Market Supply Chain 5.1. Supply Chain 5.2. Distribution 5.3. End Customers 6. Communications Hardware Market Customer Information 6.1. Customer Preferences 6.2. End Use Market Size and Growth 7. Communications Hardware Market Trends and Strategies 8. Impact of COVID-19 on Communications Hardware 9. Communications Hardware Market Size and Growth 9.1. Market Size 9.2. Historic Market Growth, Value ($ Billion) 9.2.1. Drivers of the Market 9.2.2. Restraints on the Market 9.3. Forecast Market Growth, Value ($ Billion) 9.3.1. Drivers of the Market 9.3.2. Restraints on the Market 10. Communications Hardware Market Regional Analysis 10.1. Global Communications Hardware Market, 2020, by Region, Value ($ Billion) 10.2. Global Communications Hardware Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region 10.3. Global Communications Hardware Market, Growth and Market Share Comparison, by Region 11. Communications Hardware Market Segmentation 12. Communications Hardware Market Segments 14. Asia-Pacific Communications Hardware Market 15. Western Europe Communications Hardware Market 16. Eastern Europe Communications Hardware Market 17. North America Communications Hardware Market 18. South America Communications Hardware Market 19. Middle East Communications Hardware Market 20. Africa Communications Hardware Market 21. Communications Hardware Market Competitive Landscape Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-communications-hardware-market-report-2021-to-2030---covid-19-impact-and-recovery-301260496.html SOURCE Research and Markets |