Telecom Equipment Market Share Poised for $982.43 Billion Valuation by 2030 Amidst 5G Boom and IoT G
Telecom equipment encompasses a wide array of hardware and software solutions essential for facilitating communication over various distances. This includes devices and systems such as routers, switches, transmission lines, and base transceiver stations that enable voice, data, and video transmission across wired and wireless networks. The escalating demand for seamless connectivity and the proliferation of Internet-of-Things (IoT) devices have expanded the scope of the telecom equipment market, making it a cornerstone of modern digital infrastructure.
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