Next-Generation Communication Devices

Next-Generation Communication Devices

Global Next-Generation Communication Devices Market to Reach $2.2 Trillion by 2030
In the changed post COVID-19 business landscape, the global market for Next-Generation Communication Devices estimated at US$379.6 Billion in the year 2022, is projected to reach a revised size of US$2.2 Trillion by 2030, growing at aCAGR of 24.7% over the period 2022-2030. Information & Communication Technology, one of the segments analyzed in the report, is projected to record 26% CAGR and reach US$829.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Consumer Electronics segment is readjusted to a revised 24.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $119.1 Billion, While China is Forecast to Grow at 23.8% CAGR
The Next-Generation Communication Devices market in the U.S. is estimated at US$119.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$372.8 Billion by the year 2030 trailing a CAGR of 23.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.1% and 20.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 16.9% CAGR.Select Competitors (Total 11 Featured) - AOL, Inc.AT&T, Inc.Devicescape Software, Inc.Diebold Nixdorf, Inc.General Cable CorporationHitachi Cable America, Inc.Huawei Technologies Co., Ltd.Netgear, Inc.OFS Fitel LLCPlantronics, Inc.Purple WiFi Holdings Ltd.Quantum CorporationSilicon Laboratories, Inc.Verizon Communications, Inc.Vodafone GmbHPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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