Telecom Equipment Industry current status and Outlook in coming years

摘要

Telecom equipment refers to technologies that facilitates peoples' communication. The products include wireless & Fixed Line infrastructure equipment, cell phones, modems, routers and switches. This product range will grow with NB IOT projects which will come up in next years. NB IOT would cover Smart Metering, Smart Lighting, Smart Parking, Location Tracker, Security & Surveillance, automotive applications, sensors monitoring, assets tracking, and platform for managing the IOT connectivity. NB IOT market is expected to be USD 1.7 Trillion by 2020. This is expected to be driven mainly by enterprise segment.