Jun 09, 2021, 09:19 EST
Shibuya-ku, Tokyo, Japan, Japan, Jun 09, 2021, 09:19 /Comserve / -- The Indian telecom services market is expected to grow at a CAGR of 10% during the period 2019–2025, mainly driven by the wireless services.
The Indian telecom services market is one of the fastest growing markets in the world.Telecommunications is one of the prime support services needed for rapid growth and modernisation of various sectors of the economy. The policies and regulatory frame works implemented by TRAI (Telecom Regulatory Authority of India) created a potential environment for service providers.
The Indian telecom services market is expected to grow at a CAGR of 10% during the period 2019–2025, mainly driven by the wireless services. The increasing network coverage and decreasing of tariff rates due to heavy competition were the potential drivers in the past few years. The wireless services market is expected to drive the telecom services market than that of other services. The BFSI and government sector is driving the market but it is expected that the retail segment will be capturing the larger share by 2025.
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The emergence of 4th generation technology will be one of the major trend in the market. In India,few telecom service providers have launched the 4th generation technologies,but penetration of these technologies seems at a high level. Moreover, it will take few more couples of years to create the mass market as most of the service providers are focusing on 2G and 3G technologies. However, with the new upcoming technologies, market will face challenges for building up the infrastructure. Some of the major players include Bharti airtel, BSNL, IdeaCellular, MTS India, and Vodafone.
This study covers and analyses “Indian Telecom Services”. Bringing out the complete key insights of this industry, this report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
The Telecom services market research is a comprehensive study of the Indian market. The report forecasts the market sizes and trends for these Services in the following sub-markets:
Major Key Player:
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