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Global Telecommunication Electronics market to be projected to reach US$ 847.6 billion by 2018, growing at a CAGR of 12.8% during 2011-2018, according to Axis Research Mind

December 05, 2013 Bookmark and Share

With a CAGR of 12.8%, global market value for Telecommunication Electronics Application sector is anticipated to be worth US$847.6 billion by 2018. On a global scale, Asia-Pacific accounts for more than 26.3% of the market share. While US accounts for the largest share of the global market value on a country basis, India surpasses the US in terms of growth rate anticipated in the near future. Among the application sectors, Mobile Phones account for the largest share of the entire market, driving a CAGR of 14.5% during the analysis period 2011-2018. Wireless LANs & WANs see as the fastest growing end-user with a forecast with a CAGR of approximately 20.9% by 2018. With the growing trend in network and mobile satellite terminal technologies (dual-mode GSM cellular/satellite, handset and broadband data) the future of telecommunication electronics industry suggests for a positive growth.

For more information please follow link:
Telecommunication Electronics - Global Trends, Estimates and Forecasts, 2011-2018

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates.

The report covers the market analysis by application. please follow the link in detail - TelecommunicationElectronics - Global Trends, Estimates and Forecasts, 2011-2018

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