As cited by the research report titled ‘Telecom Network Infrastructure Market Size, By Component, By Connectivity Technology (2G, 3G, 4G/LTE, 5G), By End User (Telecom Service Providers, Enterprises), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global telecom network infrastructure market valuation is projected to surpass USD 100 billion by 2026.
 

Increasing adoption of cellular & other wireless devices due to expansion of smart cities is a major factor driving the global telecom network infrastructure market growth. Moreover, several supportive initiatives for commercialization of 5G network are propelling the telecom service providers to improve their current network infrastructure to maintain their position in marketplace. Furthermore, growing trend of BYOD (Bring Your Own Device) is augmenting the demand for enhancing telecom connectivity across the enterprises. 
 

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On the downside, increasing cyberthreats over the wireless telecom network due to growing adoption of wireless devices is a major challenge for the market progression as the cyber criminals can easily gain access to sensitive data & information once they enter the telecommunication infrastructure. Moreover, cyberattacks on various telecoms service providers have increased significantly, posing a challenge for them to secure their network assets.
 

Speaking on component ambit, the base stations product segment is likely to expand over the analysis period, owing to growing demand for enhanced cellular coverage in rural areas. Macrocell base stations are anticipated to record extensive deployment as they are more suitable to be used for offering connectivity in remote rural areas.
 

The geographical analysis of worldwide telecom network infrastructure industry extends to Latin America, Middle East & Africa, Asia Pacific, Europe, and North America. Expert analysts speculate that North America market is reckoned to showcase steady growth over the forecast duration, owing to supportive government schemes with emphasis on advancing the existing telecom infrastructure to gain access to abilities of 5G network.
 

Moreover, agencies like FCC (Federal Communication Commission) and CRTC (Canadian Radio-television and Telecommunications Commission) are focusing on enhancing regulatory framework to attract better investment for deploying the 5G telecom infrastructure.
 

Meanwhile, increasing investments in telecommunication infrastructure across the Asia Pacific region is likely to contribute to the overall market expansion.
 

Prominent players influencing the global telecom network infrastructure industry trends are ZTE Corporation, SonicWall Inc., Sierra Wireless Inc., Samsung Electronics Co. Ltd., Qualcomm Technologies Inc., Nokia Corporation, NEC Corporation, Palo Alto Networks Inc., Sprint Corporation, Fujitsu Ltd., Fortinet Inc., CommScope Inc., Telefonaktiebolaget LM Ericsson, Cisco Systems Inc., Ciena Corporation, Juniper Networks Inc., Huawei Technologies Co. Ltd., Check Point Software Technologies Ltd., Altran Technologies SA (Capgemini Engineering), and Altiostar Networks Inc.