Based on enterprise size, large enterprise is the topmost revenue generating segment, which contributed the most to the global revenue in the telecommunication market. On the other hand, the small and medium enterprises segment is predicted to expand at the highest CAGR during the forecast period 2020 to 2030. The global telecommunication market is largely fragmented with emerging players accounting for ~70%-75% of the market stake.
- Global IP traffic is forecast to grow to nearly 400 exabytes per month by 2022.
- The telecoms operators spend billions on telecoms investments & with 5G now on the radar, CAPEX is also expected to grow slightly in the next few years.
- The satellite sector has grown significantly in recent years.
- Global telecom services spending was around $1,645BN in 2020.
FDI in the telecom sector was initially allowed at 74%. The latest FDI policy circular has retained the FDI cap of 100% in telecom services (including Telecom Infrastructure Providers Category – I), of which up to 49 per cent investment can be done through the automatic route. The inflow of overseas investment beyond that requires government approval because of security reasons.
- Reliance says TPG and L Catterton to invest $847 mn in Jio Platforms.
- Swedish Sinch AB, a cloud communications provider has agreed to acquire ACL Mobile Limited, an Indian cloud communications provider for INR 535 crores.
- $37.2B FDI inflows in telecommunications during April 2000 – March 2020.
- KKR, the global investment firm based in New York, will invest INR 11,367 cr into Jio platforms, which is the largest investment in Asia.
- 100% FDI allowed in Telecom sector (wherein 49% allowed through automatic route and thereafter under Government route)
Technology-driven trends have always been revolutionizing the way in which automotive industry players react to the changing behavior of consumers, build partnerships, and bring about a change
- Cloud Computing
- Artificial Intelligence
- Digitalize Customer Experience
- Electric vehicles
- New Charging Stations
- Engine Regulations