Worldwide spending on telecom services and pay TV services totaled $1,615 billion in 2018 that’s an increase of 0.8% year over year, according to IDC research. IDC expects worldwide spending on Telecom and Pay-TV services to reach $1,657 billion in 2023.
According to Juniper Research, mobile network operator revenues from international mobile roaming are expected to recover slightly, following a decline in 2017 after the introduction of RLAH (Roam Like at Home) in Europe and other markets.
“New data from Synergy Research Group shows that vendor revenues from Ethernet switch and router markets passed the $12 billion mark in the final quarter of 2018, achieving a new all-time high. For the full year vendor revenues were in excess of $44 billion, up 4% from 2017.”
Mid-band spectrum is critical to 5G but the United States trails other countries in mid-band availability, according to a 2018 Analysys Mason study, which shows other countries plan to make over four times more licensed mid-band spectrum available than the U. S. by 2020.
According to the recent TMR market study, the global wireless mesh network market would likely rise to $37.2 million units by the end of 2024. Whereas in 2015, the global wireless mesh network market was pegged at $13.3 million by the report.
Smartphone demand has slowed due to market saturation in most North American and European countries, so the primary opportunities there stem from device replacement. Forrester forecasts that these economies will add no more than 91 million new smartphone subscribers.