Submitted by: Submitted by wamy156
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Category: Science and Technology
Date Submitted: 04/23/2016 10:14 PM
Indian Telecom Service market is estimated to cross $103.0 Billion
by 2020 – by Market Research Engine
New York, April 23: Market Research Engine has published a new report titled as “Indian
Telecom Services Market, By [Providers (Network Equipment Providers, End-user
Equipment Providers), Technologies (4G, 3G, 2G, WiFi, WiMAX), Services, Regions,
Verticals] – Trends & Forecast: 2015-2020”.
The telecommunication services are registered as the essential key elements for the
economic growth across the world. The Indian telecom services market has recorded
exponential growth in the past few years. As a result, the market has emerged as a second
largest market in the world.
Browse Full Report:
http://www.marketresearchengine.com/reportdetails/indian-telecom-servicesmarket
The Indian telecom service market is estimated to touch $103.90 billion by 2020 at a
CAGR of 10.3% during the period from 2015 to 2020. The penetration of telecom services in
all the verticals has been increasing and enterprises are looking for data center and cloud
services. The adoption of the mobile services is evolving across the country and it is
predicted that wireless service market is estimated to touch $39.02 billion by 2020. “The
market is largely driven by the key verticals such as BFSI, IT/ITES, Retail, Government,”.
The telecom operators are launching new products, services, solutions and technologies into
the market and few players have already launched new platforms for the application.
Moreover, the content providers have been creating innovative applications for telecom
services. The 4G technology has launched few players in the country in recent years, but
according to our primary discussions with major players opined, “Within couple of years,
most of the major telecom players will launch 4G technology”. The key players are
aggressively acquiring and enhancing the partnership with equipment providers and
software vendors to strengthen current offerings and...