The Global 3G Infrastructure Equipment Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Switching, transmission, and signalling equipment, as well as enterprise networking equipment, central office switching hardware, LAN modems, multi-user modems, and other data communications hardware such as bridges, routers, gateways, mobile devices, and base stations, are all part of the 3G infrastructure. The market for 3G infrastructure equipment grew as the number of mobile and wireless devices increased globally. With the increased use of mobile phones and reliance on the internet, the global market for 3G infrastructure equipment has seen an increase in the number of mobile and wireless devices.
As consumers choose flights based on internet speed and data use prices, airlines are increasingly introducing inflight connections. The ability to use a smartphone while flying is one of the top three factors passengers consider when picking an airline. Inflight connection helps customers have a better inflight experience by delivering entertainment, as well as allowing airlines to innovate inflight shopping and inflight advertising and promotion. For instance, in March 2020, India's central government approved the provision of in-flight Wi-Fi services to customers by Indian airlines. The trend is being driven by increased rivalry among airlines to provide consumer pleasure. This trend of the airline industry to provide fast and uninterrupted connectivity to the passengers on board is likely to drive the market for 3G infrastructure equipment during the forecast period.
Vodafone India and Idea Cellular have combined to become Vodafone Idea Ltd (VIL), India's largest telecom, resulting in annual cost savings of over USD 2.3 billion and a customer base of 408 million. VIL is revising commercial agreements with Nokia, Ericsson, and ZTE to decrease the number of equipment partners in each circle from three to just one. VIL may choose European vendors, which would be a major setback for Huawei and ZTE, who have been struggling to make ends meet in India due to increased consolidation in the telecoms industry. Therefore, collaborations and acquisitions in the telecom industry are expected to be a major driver for the global 3G infrastructure equipment market.
Market Coverage
o By Type
o By Product
o By End-User
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global 3G Infrastructure Equipment Market by Segments
By Type
By Product
By End-User
Global 3G Infrastructure Equipment Market by Region
North America
Europe
Asia-Pacific
Rest of the World