The telecom power systems market is set to experience commendable revenue growth in coming years due to escalating smartphone and internet penetration, growing demand for data centers, favorable government initiative for improving rural broadband connectivity, and rising adoption of IoT devices across industrial as well as residential applications.

Telecom power systems are designed for wireless broadband access, datacenters, Internet backbone, and fixed-line applications. These systems usually secure the telecom services mostly in case of grid power fluctuations as well as interruptions.

The market for telecom power systems is bifurcated into segments based on type, technology, application and regional landscape.

Based on type, the market is divided into outdoor telecom power systems and indoor telecom power systems. Indoor DAS segment is expected to grow at the highest growth rate of over 10% over the forecast timeline. This projected growth is ascribed to the rising adoption of IoT devices across offices as well as residential areas.

Residential places are in fact turning into smart homes because of the deployment of different IoT devices for automating numerous operations such as ventilation and lighting. Indoor telecom power systems are generally installed in shelters or indoor environments.

With respect to technology, the market for telecom power systems is categorized into digital electricity, DC power, and AC power. Among these, the DC power systems segment held the highest market share of more than 70% in 2020 and will continue to exhibit robust growth over the coming time period.

Extensive product deployment in traditional telecom equipment will enhance the growth of this segment. In direct current power systems, a rectifier usually converts alternating current to direct current while providing the power required to charge the batteries.

In terms of application, the overall telecom power systems is segmented in terms of indoor DAS, data centers, and macro/outdoor BTS. In 2020, the macro/outdoor BTS segment held the market share of more than 64.3% and is anticipated to register similar growth patterns in the times to come. The growth is majorly ascribed to the supportive government initiative for improving rural broadband connectivity. The commercialization of 5G network will further drive the demand for outdoor BTS.

From a regional frame of reference, LATAM telecom power systems market is expected to grow at a notable rate of 7% through the study timeframe. The growing data center penetration in Latin America is fueling the demand for telecom power systems.

Meanwhile, Middle East & Africa is anticipated to grow a rate of 7.7% over the estimated time period. The growth is majorly accredited to the smartphone and internet penetration, smart city initiatives, and industrial IoT in the MEA. The penetration of data center in Africa is also helping in adopting numerous telecom power systems.