Telecom Services Market Research Report Size, Growth & Global Forecast � 2022-2029

Gmi Research24 Dec, 2022Technology

Telecom Services Market size reached USD 1.7 billion in 2021 and is estimated to reach USD 2.6 billion in 2029 and the market is estimated to grow at a CAGR of 5.9% from 2022-2029. The factors driving the growth of Telecom Services Market includes increasing penetration of smartphone devices, rising demand for high-speed data connectivity and value-added managed services, commercialization of 5G technology, growing popularity of Over the Top (OTT) platforms and improvements in the living standards.