The General Communication 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 (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s General Communication Equipment Global Market Report 2024, The general communication equipment market size has grown strongly in recent years. It will grow from $49.09 billion in 2023 to $52.36 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to growth in telecommunication revolution, digitalization and internet expansion, wireless communication advancements, satellite communication evolution, fiber optic networks development.
The general communication equipment market size is expected to see strong growth in the next few years. It will grow to $71.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to growing interoperability and standardization, sustainability and green technology adoption, remote work and collaboration tools, enhanced cybersecurity solutions, cloud-based communication services expansion. Major trends in the forecast period include open source and interoperability, green and energy-efficient solutions, remote work solutions, cybersecurity and privacy, cloud-based communication services, wireless connectivity evolution.
Stringent government regulations and mandates contribute to the general communication equipment market’s growth. General communication equipment are used for safety and security purposes. Globally, different government agencies have implemented various laws regarding the installation of communication equipment such as fire safety equipment in organizations to ensure employees’ safety. For instance, the U.S government in accordance with the 15 U.S. Code 2227 mandates the installation of fire safety systems with appropriate warning signals in federally assisted buildings. The increased need to ensure safety by the government agencies has increased the demand for the growth of the general communication equipment market.
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The general communication equipment market covered in this report is segmented –
1) By Types: Mobile , Fixed Line Devices
2) By Product Type: Alarm Systems And Equipment, Fire Detection Equipment, Smoke Detectors, Intercoms Systems And Equipment, Traffic Signals, Other Product Types
3) By End-User: Commercial , Industrial , Military , Other End-Users
Implementation of long-term evolution (LTE) technology-based intercoms, have been gaining acceptance from companies across all industries. LTE is a modern IP communicator, which provides high data for clear voice communication, full HD video streaming and a faster installation of the intercom. For instance, in March 2021, NVT Phybridge entered into a strategic partnership with 2N to help reduce deploying costs and complexities of 2N IP intercoms (including the first LTE/4G intercom) and other communication and security solutions. 2N, an European company launched 2N LTE verso intercom for usage in residences, office buildings, apartment buildings and family homes to provide e-mail shot of the visitor captured by HD camera, when intercom detects movement near the door. Thereby, LTE based intercoms is expected to be a major trend in the general communication equipment market.
The general communication equipment market report table of contents includes:
- Executive Summary
- General Communication Equipment Market Characteristics
- General Communication Equipment Market Trends And Strategies
- General Communication Equipment Market - Macro Economic Scenario
- Global General Communication Equipment Market Size and Growth
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- Global General Communication Equipment Market Competitive Benchmarking
- Global General Communication Equipment Market Competitive Dashboard
- Key Mergers And Acquisitions In General Communication Equipment Market
- General Communication Equipment Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Apple Inc.
- Google LLC
- Microsoft Corporation
- ZTE Corporation
- AT&T Inc.
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TheBusinessResearchCompany published its General Communication Equipment Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global general communication equipment market.
The report covers the general communication equipment market’s segments- by product type: alarm systems and equipment; fire detection equipment; smoke detectors; intercoms systems and equipment; traffic signals; others and by end-user: commercial; industrial; military; others.Explore Complete Report https://www.thebusinessresearchcompany.com/report/general-communication-equipment-global-market-reportGeneral Communication Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.The implementation of long-term evolution (LTE) technology-based intercoms have been gaining acceptance from companies across all industries.
Therefore, LTE based intercoms are expected to be a major trend in the general communication equipment market.Request to get the sample of this report https://www.thebusinessresearchcompany.com/sample.aspx?id=2733=smpChapters from Table of Content:Chapter 1.
The Business Research Company’s General Communication Equipment Market covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.The Business Research Company published its General Communication Equipment Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global general communication equipment market.
The report covers the general communication equipment market’s segments- alarm systems and equipment, fire detection equipment, smoke detectors, intercoms systems and equipment, traffic signals, commercial, industrial, military, and others.Read Full Report @ https://www.thebusinessresearchcompany.com/report/general-communication-equipment-global-market-reportGeneral Communication Equipment Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Place A Sample Request of This Report At: https://www.thebusinessresearchcompany.com/sample.aspx?id=2733=smpImplementation of long-term evolution (LTE) technology-based intercoms, have been gaining acceptance from companies across all industries.
