The global market for Telecommunications was valued at US$ 1816800 million in the year 2024 and is projected to reach a revised size of US$ 2013380 million by 2031, growing at a CAGR of 1.5% during the forecast period.
Telecommunications are the means of electronic transmission of information over distances. The information may be in the form of voice telephone calls, data, text, images, or video....
The global market for Digitalization of Power Distribution was valued at US$ 37640 million in the year 2024 and is projected to reach a revised size of US$ 83340 million by 2031, growing at a CAGR of 12.2% during the forecast period.
Digitalization of Power Distribution means that electrical systems can be upgraded using smart equipment and energy and distribution management software to improve en...
The global market for Satellite Sensor was valued at US$ 111 million in the year 2024 and is projected to reach a revised size of US$ 137 million by 2031, growing at a CAGR of 3.0% during the forecast period.
Satellite remote sensing is a technology that detects and receives electromagnetic wave information radiated and reflected from a target object through sensors from high altitude, thereby ide...
The global market for Satellite Modem was valued at US$ 435 million in the year 2024 and is projected to reach a revised size of US$ 685 million by 2031, growing at a CAGR of 6.8% during the forecast period.
The main manufacturers of Global Satellite Modem include Comtech EF Data, ViaSat, ST Engineering, Hughes Network Systems (EchoStar), etc. These top four manufacturers hold a market share about...
The global market for Automotive Ethernet Gateway was valued at US$ 935 million in the year 2024 and is projected to reach a revised size of US$ 3236 million by 2031, growing at a CAGR of 19.7% during the forecast period.
As the central communication node of the vehicle Ethernet, the vehicle Ethernet gateway realizes the communication service between the vehicle and the outside world by connecting...
The global market for Underwater Wireless Communication was valued at US$ 991 million in the year 2024 and is projected to reach a revised size of US$ 1690 million by 2031, growing at a CAGR of 8.0% during the forecast period.
Underwater wireless communication mainly uses sound waves and light with special wavelengths for wireless communication, which are called underwater acoustic communication a...
The global market for 5G Wireless Base Station was valued at US$ 19970 million in the year 2024 and is projected to reach a revised size of US$ 18500 million by 2031, growing at a CAGR of -1.1% during the forecast period.
5G is the 5th generation mobile network. It is a new global wireless standard after 1G, 2G, 3G, and 4G networks. 5G enables a new kind of network that is designed to connect virt...
The global market for Coherent Optical Communication Equipment was valued at US$ 8253 million in the year 2024 and is projected to reach a revised size of US$ 38140 million by 2031, growing at a CAGR of 24.8% during the forecast period.
Coherent optical communication equipment includes semiconductor lasers and photodiodes for optical transceiver modules and board level design, as well as wavelengt...
The global market for 5G and Mobile Network Infrastructure was valued at US$ 66490 million in the year 2024 and is projected to reach a revised size of US$ 206130 million by 2031, growing at a CAGR of 17.8% during the forecast period.
5G technology is an advanced and next generation wireless communication technology. This operates under a high-frequency band of wireless technology for seamless con...
The global Satellite Based Augmentation Systems (SBAS) market size was US$ 648 million in 2024 and is forecast to a readjusted size of US$ 901 million by 2031 with a CAGR of 4.9% during the forecast period 2025-2031.
SBAS systems are geosynchronous satellite systems that provide services for improving the accuracy, integrity and availability of basic SBAS signals. Accuracy is enhanced through the...
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