United Kingdom telecom ICT infrastructure market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027. The market growth can be attributed to growing demands for the internet based and digitized services in the country. Swift changes and shift of offline work to the work from home bases further fuels the growth of the United Kingdom telecom ICT infrastructure market in the upcoming five years. Increasing investment and development of the telecom infrastructure and growing service expansion to provide high speed network further supports the growth of the United Kingdom telecom ICT infrastructure market in the next five years.
Cyber Security Concerns Drive Market Growth
With higher dependency over online finance, data storage, and automation procedures, the threat for data theft have increased multiple folds. Businesses as well as personalized users have been generating considerable demands for the data theft, thereby driving the growth of the United Kingdom telecom ICT infrastructure market in the upcoming five years. Inclination toward online money transfer, growing online based payment apps, and surge in the security demands further fuels the market growth.
Higher penetration of internet coupled with growing number of smart devices and internet of things also aid the growth of the United Kingdom telecom ICT infrastructure market in the future five years. High usage of social media sites and sharing of personal data over the websites also come under the threat of data loss, and personal data thefts, thereby surging the demands for the advanced telecom ICT infrastructure and thus supporting the market growth.
Faster Internet Connection Promises Market Growth
Increasing adaptation toward faster internet connections and high speed internet access is further substantiating the growth of the United Kingdom telecom ICT infrastructure market in the future years. With growing demand for the internet of things including the use of artificial intelligence for the facilitation of the smart devices further facilitates the growth of the United Kingdom telecom ICT infrastructure market in the forecast years through 2027.
Growing investments in the telecom industry and advancement of the internet based services also add to the growth of the United Kingdom telecom ICT infrastructure market in the upcoming five years. ICT infrastructures include hardware (mainly physical servers), software, networks, data centers, facilities, and related equipment, which is used to develop, test, operate, monitor, manage, and support ICT services. Investments are higher over the development of the hardware and software. Advancement in the IT services also substantiates the growth of the United Kingdom telecom ICT infrastructure market in the forecast period.
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Market Segmentation
The United Kingdom telecom ICT infrastructure market is segmented by component, deployment mode, network type, end user, competitional landscape, and regional distribution.
Company Profile
ZTE Corporation, Ciena Corporation, Cisco Systems Inc., CommScope, Inc., Fortinet Inc., Fujitsu, Huawei Technologies, Juniper Networks Inc.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, volume in units, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Component · Deployment Mode · Network Type · End User |
Regional scope | Wales, Scotland, England, Northern Ireland |
Key companies profiled | ZTE Corporation, Ciena Corporation, Cisco Systems Inc., CommScope, Inc., Fortinet Inc., Fujitsu, Huawei Technologies, Juniper Networks Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |