Global Next-Generation Communication Devices Market to Reach $2.2 Trillion by 2030
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 a CAGR of 24.7% over the analysis 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 Corporation
- Hitachi Cable America, Inc.
- Huawei Technologies Co., Ltd.
- Netgear, Inc.
- OFS Fitel LLC
- Plantronics, Inc.
- Purple WiFi Holdings Ltd.
- Quantum Corporation
- Silicon Laboratories, Inc.
- Verizon Communications, Inc.
- Vodafone GmbH
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AOL, Inc.
- AT&T, Inc.
- Devicescape Software, Inc.
- Diebold Nixdorf, Inc.
- General Cable Corporation
- Hitachi Cable America, Inc.
- Huawei Technologies Co., Ltd.
- Netgear, Inc.
- OFS Fitel LLC
- Plantronics, Inc.
- Purple WiFi Holdings Ltd.
- Quantum Corporation
- Silicon Laboratories, Inc.
- Verizon Communications, Inc.
- Vodafone GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 179 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 379.6 Billion |
Forecasted Market Value ( USD | $ 2200 Billion |
Compound Annual Growth Rate | 24.6% |
Regions Covered | Global |