3G Infrastructure Equipment Market Commodities, High Growth Opportunities, Segmentation, Market Trends By 2024-2033|Huawei Technologies Co. Ltd., Cisco Systems Inc., Fujitsu Limited, NEC Corporation, Nokia Corporation

The 3G Infrastructure Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).

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According to The Business Research Company’s 3G Infrastructure Equipment Global Market Report 2024, The 3g infrastructure equipment market size has grown strongly in recent years. It will grow from $33.76 billion in 2023 to $35.51 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to mobile data demand, improved mobile connectivity, technological advancements, regulatory mandates.

The 3g infrastructure equipment market size is expected to see strong growth in the next few years. It will grow to $43.94 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to 4g and 5g evolution, rural and emerging market expansion, iot and m2m connectivity, legacy networks. Major trends in the forecast period include upgrades and optimization, 2g to 3g migration, internet of things (iot) connectivity, network sharing and decommissioning.

Growing number of mobile and wireless devices worldwide contributed to the growth of the 3G infrastructure equipment market going forward. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, beginning in 2022, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. The UK population is expected to grow to 68.3 million by 2025, of which 95% (or around 65 million individuals) will own a smart phone. According to the IoT analytics research data, 22.2 billion devices worldwide were connected via WLAN worldwide by 2021. Increased usage of mobiles and dependence on the internet, therefore, resulted in a growing number of mobile and wireless devices worldwide driving the 3G infrastructure Equipment market.

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The 3g infrastructure equipment market covered in this report is segmented –

1) By Type: Wireless Infrastructure; Wired Infrastructure

2) By Product: Public Switching Equipment; Analog Equipment; Digital equipment; Transmission Equipment; Transmission Lines; Base Transceiver Stations; Multiplexers; Communication Satellites; Other Products (Customer Premises Equipment, Private Switches, Modems, Routers)

3) By End User: Consumer Electronics; BFSI; Defense; Media; Other End-Users

The 3g infrastructure equipment market report table of contents includes: