How Is 5G Technology Driving Telecom Network Infrastructure Trends?
Market to hit $100 billion by 2026, according to GMI
Trends, such as the 5G revolution and ongoing developments in internet of things (IoT), are expected to reshape the telecom sector and drive innovation on a massive scale. Global Market Insights Inc. forecasts the global telecom network infrastructure market will hit $100 billion in value by 2026.
The use of smartphones has increased exponentially in recent years. Robust advances in mobile tech are not only enabling consumers to communicate more effectively but also to shop, pay bills, and control connected devices in their homes and cars. Strong economic development, particularly in developing countries, has significantly fueled smartphone ownership trends.