Telecommunication Industry in China to grow to $360 B by 2024

reogma|Telecommunication Industry in China to grow to $360 B by 2024

China is one of the first-movers in commercializing & promoting the 5G technology and by 2024, it is expected to become the largest provider of 5G services in the world.

In line with that, two major telecoms namely, China Unicom and China Telecom have partnered to launch 5G services in the country which is not only expected to drive their revenues but also strengthen their competitive position in the market.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

The Telecom industry is comprised of companies that make communication possible on a global scale, whether it is through mobile device or internet, through airwaves or cables, through wires or via wireless technology.

The industry created infrastructure which allows data in words, voice, audio or video to be sent anywhere in the world.

Some of the largest companies in the sector are telephone operators, satellite companies, cable companies and ISPs'

The major segments of the industry are as follows:

  • Telephone operators:
    • General telecom services: This is the largest segment with fixed line and wireless operators. The common services include, mobile broadband, fixed telephone line, mobile networks, and cable and wireless network operators.
    • Long Distance carrier services: They provide local exchanges in different geographic areas. They provide inter-local access and transport area. (inter-LATA). Some of the major services provided under segment include, IDD (international direct dialling) and VoIP service.
    • Wireless communications/ISP: It is the smallest segment within the industry but growing at the fastest pace. As more communications and computing methods are becoming cloud-based and shifting to mobile devices, the segment is becoming more prominent. The segment has scope to grow furthermore in both developing and developed countries.

Other related segments in the industry include:

  • Communication equipments providers: They sell product and services to communication service providers such as fixed or mobile operators. They provide mobile networks such as GSMs, fixed networks based on PSTN enterprise networks such as Unified Communication infrastructure and internet infrastructure like routers and switches.
    • Cable providers: Generally these companies sell fibre-optic cables which are used for applications such as long distance telecommunication, providing high-speed data connection between different parts of the building.
    • Satellite companies: These are known as communication satellite or artificial satellite that amplifies radio telecommunication signals via transponder, it creates a communication channel between a source and a receiver at different locations on Earth. Communications satellites are used for telephone and television applications in telecom industry.

reogma|Telecommunication Industry in China to grow to $360 B by 2024


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China is one of the first-movers in commercializing & promoting the 5G technology and by 2024, it is expected to become the largest provider of 5G services in the world. In line with that, two major telecoms namely, China Unicom and China Telecom have partnered to launch 5G services in […]
reogma|Telecommunication Industry in China to grow to $360 B by 2024reogma|Telecommunication Industry in China to grow to $360 B by 2024

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