Telecom & Datacom involves exchange of information by electric and electronic means over a substantial distance. A telecommunication infrastructure involves stations with transmitters & receivers, and the major devices involved in this process are telephones, radio, telegraph, fiber optics, satellite and the internet.
Telecom industry is facing growth issues, whereas, datacom industry is significantly rising owing to expansion of mobile broadband. Stagnant markets in North America & Europe and increasing competition among telecom & datacom companies are some of the challenges the industry is facing. Although, fierce competition among the industry players and technological innovations are benefitting consumers, by driving increase in bandwidth and speed of telecom networks.
Telecom players are also facing threat from innovative IT companies such as Google and Facebook, which are providing free communication services, such as Google’s WebRTC offering free integrated communication, collaboration and videoconferencing. However, growing demand of wireless infrastructure equipment, secure and wireless connections, and rise in internet usage are benefiting this industry.
Mobility, security, and adoption of new emerging cloud services are major trends impacting this market. Telecom & Datacom sector is also adopting advanced smart solutions to provide cost effective maintenance and support services.
Moreover, satellite service is also integral part of telecom & Datacom industry, which can be sub- divided into fixed satellite service (FSS) and mobile satellite service (MSS). FSS uses geosynchronous satellites to address markets such as TV and radio, telecommunications and satellite communication used by military, governments, commercial enterprises and other end-users, whereas in contrast, MSS only addresses wireless or mobile service providers.
Key players operating in telecom industry are Alcatel-Lucent, Vodafone, Verizon, China Telecom, Deutsche Telekom, Orange, Telecom Italia, Telefonica, AT&T, T-Mobile US, among others.
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