The telecom network infrastructure market is projected to register significant growth by 2027 due to rapid rollout of 5G technology across the globe.

Telecom network infrastructure connects networks, either wireless or hardwired, to cities, countries, and other continents. It consists of various assets, such as microwaves, telephone wires, mobile technology (5G network), satellites, and cables, among others.

Recent innovations and technological advancements in the telecom sector have augmented market growth. In addition, the increasing penetration of smartphones and other devices has facilitated the robust development of the telecom network infrastructure market.

Moreover, industry participants are employing lucrative strategies to gain a competitive edge in the evolving industry, which has been favorable for the global market landscape. For instance, in August 2021, Rakuten Group, Inc., a Japan-based e-commerce company, announced the acquisition of Altiostar Networks, Inc., a leading open virtual radio access network technology provider. The deal was purposed to accelerate the deployment of Altiostar's virtualized and software-centric services for the mobile industry worldwide.

Similarly, in October 2021, leading telecom players Intel Corporation, Rakuten Symphony, and Juniper Networks entered into a strategic collaboration to develop Symware, which is a carrier-grade Open Radio Access Network (RAN) solution for mobile network operators to update the radio cell sites, by leveraging the cloud-native architecture.

The telecom network infrastructure market has been bifurcated on the basis of end-user, component, connectivity technology, and region. From the component perspective, the market has further been segregated into service (support & maintenance, network consulting, and integration & deployment) and product (infrastructure components and base station).

Under the infrastructure components product segment, the market has been categorized into firewalls, routers & switches, and access points. The routers & switches segment held a substantial market share of over 50% in 2020 and is set to progress at a steady pace through the study period. Rising demand for wireless networks across SMEs is likely to drive segmental expansion over 2021-2027.

In 2020, the access points segment accounted for a market share of nearly 25% and is speculated to exhibit considerable growth over the analysis timeline owing to proliferation of wireless devices globally. Meanwhile, the firewalls segment is slated to garner notable gains by 2027, registering a CAGR of approximately 5% over the assessment period on account of the rising incidences of cyber-attacks.

From the regional point of view, the Latin America telecom network infrastructure market is expected to attain more than USD 9 billion in revenue by the end of 2027 due to the growing data center network in LATAM. The Middle East & Africa telecom network infrastructure market was valued at around USD 10 billion in revenue in 2020 and is anticipated to observe optimistic growth over the forecast timeframe. The surging number of IoT devices across MEA is estimated to bolster regional market growth in the coming years.