Report ID: SQMIG45H2061
Report ID:
SQMIG45H2061 |
Region:
Global |
Published Date: September, 2024
Pages:
197
|
Tables:
94 |
Figures:
76
North America dominated the market, owing to the presence of major market players and a robust telecommunications industry. The region is expected to continue its dominance during the forecast period, with the increasing adoption of 5G technology and the rising demand for cloud-based services. Additionally, the growing investments in research and development activities and the deployment of fiber optic networks further drive market growth in the region.
The Asia Pacific region is expected to witness the fastest growth during the forecast period, owing to the increasing demand for high-speed internet connectivity and the rapid expansion of data centers. Moreover, the region has witnessed significant investments in the telecommunications industry, particularly in countries such as China and India, which are driving market growth. The increasing demand for mobile devices and the rising adoption of smart technologies also contribute to market expansion in the region.
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Report ID: SQMIG45H2061