The global telecom power solutions market is expected to post a CAGR of
close to 9% during the period 2019-2023, according to the latest market
research report by Technavio.
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Technavio has published a new market research report on the global telecom power solutions market from 2019-2023.
A key factor driving the growth of the global telecom power solutions
market is the growing investment in the telecommunication network. The
rising penetration of loT devices, reducing ASPs of smart devices, the
proliferation of cloud-based loT devices, and loT implementations in the
automotive, industrial, and healthcare are some of the key factors
driving investments in telecom network infrastructure. Moreover, the
increased penetration of smartphones in rural areas has also compelled
telecom network service providers to expand their network coverage to
enable last-mile accessibility to carrier and mobile data. Telecom power
systems are used in a telecommunication network as a power supply unit
in the case of grid power interruptions and fluctuations. Thus, the
rising investments in telecommunication network will boost the demand
for telecom power solutions during the forecast period.
As per Technavio, the technological advancements in telecom power
solutions systems will have a positive impact on the market and
contribute to its growth significantly over the forecast period. This global
telecom power solutions market 2019-2023
research report also analyzes other important trends and
market drivers that will affect market growth over 2019-2023.
Global telecom power solutions market:
Technological advancements in telecom power solutions systems
The telecom power solutions market has been witnessing significant
technological advancements over the past few years. Some of the
technological advancements include the introduction of advanced power
system controllers and standalone rectifiers, which are propelling the
adoption of the telecom power system by service providers. The advances
are aimed at increasing the power efficiency of base stations and small
cells in telecom network infrastructure. The integration of these
technology components into base stations and small cells are allowing
service providers to reduce power consumption in the networks, along
with helping them comply with the intensifying environmental regulations.
“The deployment of small cells is in LTE/LTE-A networks is increasing
at a significant rate. Smalls cells are also being deployed in the
emerging 5G networks, as they increase macrocells’ edge data capacity,
speed, and network efficiency. These cells require a consistent power
supply to provide reliable network services to meet customer
expectations. The growing requirement of consistent power supply will
result in an increase in the adoption of power systems, which will fuel
the growth of the telecom power solutions market during the forecast
period,” says a senior research analyst at Technavio.
Global telecom power solutions market:
This market research report segments the global telecom power solutions
market by product (direct current (DC) and alternating current (AC),
type (products and software & services), deployment (access network and
core network) and geographic regions (APAC, Europe, North America, MEA,
and South America).
The APAC region led the market in 2018, followed by North America,
Europe, South America, and MEA respectively. The market growth in APAC
can be attributed to the increasing penetration of mobile subscription
because of the consistently declining ASP of smartphones and reducing
data tariffs. This region will remain the largest contributor in the
market owing to the advent of 4G and 5G technologies and the launch of
such as voice over LTE (VoLTE).
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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