DUBLIN, Feb. 23, 2023 /PRNewswire/ -- The "United Kingdom Telecom ICT Infrastructure Market" report has been added to ResearchAndMarkets.com's offering.
United Kingdom telecom ICT infrastructure market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027.
The market growth can be attributed to growing demands for internet-based and digitized services in the country. Swift changes and the shift of offline work to the work from home bases further fuel the growth of the United Kingdom telecom ICT infrastructure market in the upcoming five years.
Increasing investment and development of the telecom infrastructure and growing service expansion to provide high-speed networks further support the growth of the United Kingdom telecom ICT infrastructure market in the next five years.
Cyber Security Concerns Drive Market Growth
With higher dependency on online finance, data storage, and automation procedures, the threat of data theft has increased multiple folds. Businesses as well as personalized users have been generating considerable demands for data theft, thereby driving the growth of the United Kingdom telecom ICT infrastructure market in the upcoming five years.
An inclination toward online money transfer, growing online-based payment apps, and a surge in security demands further fuel the market growth. Higher penetration of the internet coupled with a growing number of smart devices and the internet of things also aid the growth of the United Kingdom telecom ICT infrastructure market in the future five years.
High usage of social media sites and sharing of personal data over the websites also come under the threat of data loss, and personal data thefts, thereby surging the demands for advanced telecom ICT infrastructure and thus supporting the market growth.
Faster Internet Connection Promises Market Growth
Increasing adaptation toward faster internet connections and high-speed internet access is further substantiating the growth of the United Kingdom telecom ICT infrastructure market in the future years. With growing demand for the internet of things including the use of artificial intelligence for the facilitation of smart devices further facilitates the growth of the United Kingdom telecom ICT infrastructure market in the forecast years through 2027.
Growing investments in the telecom industry and advancement of the internet-based services also add to the growth of the United Kingdom telecom ICT infrastructure market in the upcoming five years. ICT infrastructures include hardware (mainly physical servers), software, networks, data centers, facilities, and related equipment, which are used to develop, test, operate, monitor, manage, and support ICT services.
Investments are higher in the development of hardware and software. Advancement in IT services also substantiates the growth of the United Kingdom telecom ICT infrastructure market in the forecast period.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United Kingdom telecom ICT infrastructure market.
- ZTE Corporation
- Ciena Corporation
- Cisco Systems Inc.
- CommScope, Inc.
- Fortinet Inc.
- Fujitsu
- Huawei Technologies
- Juniper Networks Inc.
Report Scope:
United Kingdom Telecom ICT Infrastructure Market, By Component:
- Hardware
- Networking Equipment
- Transmitting Device
- End Point Device
- Software
- Operations Support Software
- Business Support Software
- Network Management Software
- Others
- Services
- Professional
- Managed
United Kingdom Telecom ICT Infrastructure Market, By Deployment Mode:
- On-Premises
- Cloud
United Kingdom Telecom ICT Infrastructure Market, By Network Type:
- Wireless
- Fixed
United Kingdom Telecom ICT Infrastructure Market, By End User:
- Telecom Service Providers
- Government
- Enterprises
- Others
United Kingdom Telecom ICT Infrastructure Market, By Region:
- Wales
- Scotland
- England
- Northern Ireland
For more information about this report visit https://www.researchandmarkets.com/r/cpgilk-kingdom?w=5
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SOURCE Research and Markets
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