Global Telecom Power Systems Market: Regional Insights
Among regions, North America is expected to dominate the global telecom power systems market over the forecast period. This is due to early adoption of novel innovative technologies in the telecom sector of the region, as penetration of mobile and adoption of 5G is high in the region. The growing consumption of one 5G frequency balanced between 3.5kW and 4.5kW, which is greater than that of 4G network. Due to higher frequencies, mobile network coverage gets reduced, which results in deployment of more mobile towers for covering the whole consumer base. These factors thus, drive the telecom power systems in the region.
Asia Pacific is projected to witness robust growth in the global telecom power systems market over the forecast period due to increasing development of telecom sector and presence of large customer base in the region. Moreover, the investment in 5G services are increasing across the region by countries such as India, China, Australia, Japan, South Korea, and Singapore to develop the domestic 5G market. This in turn is expected to drive growth of the market across the region in the near future.
Telecom Power Systems Market Report Snapshots
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