The global 5G NTN market size was USD 3,495 million in 2022, and this number is expected to increase to USD 25,184 million by 2030, advancing at a CAGR of 28.0% during 2022–2030.
The data center market size stood at USD 263.34 billion in 2022, and it is expected to advance at a compound annual growth rate of 10.9% during 2022–2030, to reach USD 602.76 billion by 2030.
The U.K. data center market stood at USD 7,711 million in 2022, and it is expected to witness a compound annual growth rate of 3.06% during 2022–2040, to reach USD 13,270 million by 2040.
The global MVNO market generated revenue of $73.6 billion in 2022, which is expected to grow at a CAGR of 8.7% during 2022–2031.
The global 5G security market size stood at USD 1.63 billion in 2022, which is forecast to rise to USD 24.89 billion by 2030, at a CAGR of 40.60% between 2022 and 2030.
The commercial satellite imaging market size stood at USD 3,754 million in 2022, and it is expected to grow at a CAGR of 11.20% during 2022–2030, to reach USD 8,777 million by 2030.
The SD-WAN market size was $3,514.6 million in 2022, and it is expected to reach $30,907.6 million in 2030, with a growth rate of 31.2% during 2022–2030.
The global remote sensing technology market is projected to witness significant growth in the coming years due to the rising number of projects for earth observation initiated by various space agencies.
The global wireless testing market size was valued at $11.54 billion in 2021, and it will grow at a CAGR of 11.7% during 2021–2030, to reach $31.23 billion by 2030.
The global geographic information system market was valued at $8,914.4 million in 2021, and it is expected to reach $25,121 million by 2030, growing at a CAGR of 12.2% between 2021 and 2030.
The global 5G satellite communication market revenue stood at $2,548.2 million in 2021, expanding with a robust CAGR of 33.3% during 2021–2030, to achieve $33,896.7 million by 2030.
The optical spectrum analyzer market size stood at $326.6 million in 2021, and it is expected to grow at a compound annual growth rate of 6.8% during 2021–2030, to reach $588.8 million by 2030.
The global satellite launch vehicle market was valued at $6,202.0 million in 2021, and it will advance with a CAGR of 3.6% during the forecast period, to reach $8,517.9 million by 2030.
The global satellite spectrum monitoring market size stood at $3,291.2 million in 2021, which is expected to reach $6,127.3 million by 2030, advancing at a CAGR of 7.1% during 2021–2030.
The global telecom consulting market is estimated to generate $5,307.2 million revenue in 2021, and it is expected to grow at a CAGR of 11.8% during 2021–2030.
The global AI in fintech market generated revenue of $7,702.7 million in 2020, and it is expected to advance at a CAGR of 19.8% during 2020–2030.
The European MVNO market generated $27,748.1 million revenue in 2020, and it is expected to grow at a CAGR of 5.8% during 2020–2030.
The global data center infrastructure management (DCIM) market stood at ~$1.5 billion in 2020. The need for gaining end-to-end visibility for predicting capacity management requirements
In 2020, the global market for network telemetry solutions and services generated revenue of ~$300 million, andit is expected to display steady growth during the forecast period (2021–2030).
The global corporate telephony market is projected to show significant growth during the forecast period (2021–2030). It can be credited to the rapid increase in investments in corporate telephony and in the adoption of unified communication systems.
The size of the global 5G infrastructure market in 2020 was ~$1.5 billion, and it is expected to show significant growth during the forecast period (2021–2030).
Valued at $16.9 billion in 2019, the global optical networking and communication market size is set to reach $32.8 billion by 2030, witnessing a CAGR of 6.2% during the forecast period (2020–2030).
From $2,035.3 million in 2019, the global VoWiFi market size is projected to reach $22,801.2 million by 2030, growing with a CAGR of 24.5% during the forecast period (2020–2030).
The edge data center market size will be $53.1 billion by 2030, and it is expected to witness a CAGR of 25.4% during 2020–2030, since standing at $5.3 billion in 2019.
Valued at $5,210.0 million in 2019, the global Wi-Fi analytics market size is projected to witness a CAGR of 24.2% during the forecast period (2020–2030).
The data center colocation market revenue stood at $42.1 billion in 2019, and the market is predicted to grow at a CAGR of 14.8% between 2020 and 2030.
Increasing mobile data traffic, growing penetration of the 5G network, and rising demand for high-speed network are the key factors driving the growth of the market across the globe. 5G network slice is a networking architecture that leverages network functions virtualization (NFV) and software-defined networking (SDN) to break the physical infrastructure into multiple virtual networks.
Rising number of security breaches and need for reduced downtime in network availability are the key factors driving the growth of the global network emulator market. Network emulator is a solution that mimics the functions of a real network, that is, it appears, interacts, and behaves like the real network. It is used to test the performance, and monitor and verify all changing network conditions to mitigate the risk of security breaches.
The global unified communication market is currently witnessing a tailwind growth trend and is expected to continue to advance at a substantial rate during the forecast period (2020–2030).
From $15,114.3 million in 2019, VoIP software market revenue is predicted to grow to $30,441.5 million by 2025, at a CAGR of 13.4% between 2020 and 2025.
The next-generation firewall (NGFW) market size stood at $2,706.9 million in 2019, and it is expected to reach $5,188.8 million by 2025, witnessing a CAGR of 11.9% during 2020–2025.
The global beacon technology market is expected to witness notable growth during 2020–2030.
The cloud and centralized radio access network (C-RAN) market revenue stood at $936.3 million in 2018, and it is expected to reach $2,159.2 million by 2024, at a CAGR of 15.9% during 2019–2024.
From $1,078.7 million in 2018, the WiGig market is expected to reach $4,386.1 million by 2024, at a 27.9% CAGR between 2019 and 2024.
Growing smartphone penetration, rising mobile data traffic, increasing need for managing growing network complexity, and virtualization of mobile networks are some of the key factors driving the growth of the self-organizing network market across the globe.
Enterprise resource planning (ERP) has become a critical part of all organizations irrespective of their size. ERP streamlines business processes such as accounting, procurement, human resource, and others, resulting in improved productivity, efficiency as well as collaboration.
The global geospatial imagery analytics market reached $3,196.2 million in 2017, and it is expected to advance at a CAGR of 28.7% during 2018–2023.
The global aerial imagery market stood at $1.4 billion in 2016, which is expected to grow at a CAGR of 13.4% during 2017 - 2023. The increasing adoption of aerial imagery in multiple application areas, such as surveillance and monitoring, geospatial, energy and resource management, conservation and research, exhibition and live entertainment, disaster management, and construction and development has been the key driver for the market.
The rapid technological changes taking place globally, are increasingly adopting data centre rack server approach to move beyond the concept of tower servers for data centres. Significant importance has been gained by data centre rack server solutions among organizations in past few years due to highly scalability, reliability and easy migration from traditional technologies. Data Center Rack Server-is a dedicated computer to be used as a server, which gets
With network service providers integrating policies for offloading mobile data traffic to wi-fi service networks, the need for wi-fi test equipment is increasing. The increased adoption of smart devices and need for mobile data offloading are some of the growth drivers for the global Wi-Fi test equipment market. In order to switch their data traffic to wi-fi, the mobile operators require latest
The increasing internet penetration in developing countries, spur in the demand of wireless networks, in addition to growing affordability of faster networks is driving the growth of the global WiMax solutions market. Moreover in the last couple of years, the capital investment in WiMax solutions has increased as the network providers aim to gain competitive advantage through this
The growing need for risk and compliance management, and increasing importance of call monitoring are some of the factors, driving the growth of the global audio communication monitoring market. The time consuming task of listening to live calls demands more time for supervision and management, which is another factor influencing the growth of the global audio
The expansion of cellular networks, terrestrial networks, satellite and coverage, and IP revolution in several regions has improved significantly. Ship owners, crew, managers, and officers need cost-effective communications that are easy to maintain, simple to operate, and function seamlessly around the world. Maritime VSAT facilitate real
The global real-time location system (RTLS) market is progressing more dynamically, as compared to its conventional counterparts, such as radio-frequency identification (RFID). This is due to the widespread acceptance of technologies, such as global positioning system (GPS) and Wi-Fi. The growing demand of real-time location system, in security and surveillance, and
The visible light communication (VLC)/light fidelity market is growing at a considerable rate, due to increasing government funding, absence of capacity or bandwidth limitation, growing research and development activities, along with safer and faster data transfer, as compared to the other technologies. Penetration of visible light communication (VLC)/light fidelity in advanced
Location analytics technology is an advanced tracking technology and an up-gradation from the conventional geographic information system (GIS) technology. The new features of location analytics include geographic, social, physical and emotional indicators that benefit organizations to forecast trends in a better way. The simple and easy to use GPS-enabled cell phones and
Software defined networking (SDN) bids the potential for cost saving opportunity in networking, as it increases the capability to generate new services and application. It also facilitates virtualization in networking, which can minimize the current network operating costs and requirement capacity could be reduced. Moreover, it allows enterprise IT to roll out its services more rapidly,
The growing need of water conservation and high crop yield for global food security has fueled the demand of advanced, and economical agricultural technology. Government initiatives and funding for both manufacturers and buyers, economic and social advantages of micro irrigation systems, and rising consumers awareness in emerging countries has heavily contributed to the
The nanosatellite and microsatellite market has witnessed a considerable growth in the recent past. The market is mainly driven by factors such as introduction of CubeSat standard by the U.S. based National Aeronautical Space Administration (NASA), advancement in microelectronics technology, the increase in satellite launch manifesting capacity at global level, government
3D mapping technology is emerging as one of the most complete and fastest ways to build three-dimensional environments in the market these days. 3D mapping solutions have facilitated the user to rapidly build 3D maps of the surroundings with extreme clarity and accuracy. With funds towering up for 3D mapping applications for smartphones, market players including Samsung,