Telecom power systems market revenue to reach $15B by 2032
Global Market Insights Inc. provides insight
The rising adoption of hybrid telecom power systems by operators to develop wireless broadband networks in rural areas is expected to drive industry growth. High-quality wireless network technologies can obviate the need for expensive copper and fiber-optic cables to deliver broadband connectivity. For instance, Polar Power Inc., a leading company in DC generators, delivered $1.3 million in backup generators for a rural telecom operator in the U.S. to create a high-speed wireless broadband network across 14 states.
Additionally, the expansion of the telecom power systems market is anticipated to be aided by the rising number of data centers that need constant power supply to deliver a better customer experience. For instance, in 2021, the U.S. recorded about 2,700 centers. Since power outages in data centers can result in significant financial losses as they disrupt the operations of numerous businesses that depend on them, they use telecom power systems to ensure continuous operation.