Global GSM Services Market is valued approximately USD $$ billion in 2018 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2019-2026.
The GSM services are considered as a standard collection of applications & features precisely available to mobile phone subscribers all over the world. The GSM standards are precisely defined by 3GPP collaboration & implemented in hardware and software by mobile phone operators and equipment manufacturers.
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The GSM services market is primarily driven owing to escalating mobile phone users, rising adoption of consumer electronics and presence of several number of GSM providers on the globe. The escalating adoption of consumer electronics which include smartphones, tablets and phablets. As these devices hold the ability of operate and offer GSM services it is calling for the development and growth of GSM services market. For instance, In 2018, the market value for consumer electronics in the U.K. is expected to reach roughly 17.3 million euros that is projected to grow with around 19.2 million euros by 2020. Similarly, the consumer electronic industry is projected to grow by 2.2% in size from 2018 to 2019, reaching a total of 401 billion U.S. dollars which is anticipated to fuel the growth and development of GSM services market.
The regional analysis of global GSM Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the surging number of mobile phone users and presence of several GS< service providers. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026.
Factors such as surging adoption of consumer electronics along with escalating smartphone penetration would create lucrative growth prospects for the GSM Services market across Asia-Pacific region.
Major market player included in this report are:
China Telecom
China Mobile
Deutsche Telekom
Nippon Telegraph and Telephone
Vodafone Group
America Movil
Softbank Group
Telefonica
AT & T
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Accessing a GSM network
Voice all calls
Data Transmission
Others
By Application:
5G
IoT
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
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Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global GSM Services Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Aim of the Report
- This study aims to determine the market size of various segments and countries with forecast values for next ten years.
- Within the regions and countries studied, the report covers both qualitative and quantitative aspects of the industry.
- It also provides detailed information about the crucial aspects such as drivers & challenges that will influence the market’s future growth.
- The report will also include investment opportunities in micro markets for stakeholders. In addition, an in-depth analysis of key players’ products and the competitive landscape.
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