Sign in
Stories
Communication Hardware Market Rises
Share
5G Chipsets Market Surge Forecasted
5G NTN Market Set for Rapid Growth
5G-VoIP Synergy in Southeast Asia
AerSale Receives Certificate for Enhance...
Automotive 4D Imaging Radar Market Growt...
Chip Packaging Component Shortage
Overview
API
The global communication hardware market is projected to reach a value of US$603.5 billion by 2030, with a 4.6% CAGR from 2022 to 2030. The wireless communication segment is expected to grow at a 5.3% CAGR, reaching US$353.9 billion by the end of the forecast period. The United States and China are identified as key regions driving market growth, with the US valued at US$113.7 billion in 2022 and China projected to reach US$129.6 billion by 2030.
Ask a question
How might geopolitical tensions impact the growth of the communication hardware market?
How might the dominance of the United States and China in the communication hardware market affect global trade and technological advancements?
What are the potential implications of inflationary trends and global supply chains on the communication hardware market?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Oct 2023
Nov 2023
Dec 2023
Coverage