TECH SUPPLIER Dec 2021 - Market Perspective - Doc # US48556521
Worldwide Telecommunications 1H21 Update: Operators Up the Ante with 5G Network-Related Investments After a Brief Pause
The IDC Market Perspective presents an overview of service providers' capital expenditure (capex) worldwide and discusses in brief the regional factors influencing the overall telecommunications service provider industry capex.
"The consolidated capex numbers for operators worldwide are on a recovery path, with the first half of 2021 witnessing growth of 4.0% YoY. The growth momentum is expected to be continued into the second half and end the full year 2021 at $306.4 billion at 3.7% YoY. 5G is expected to be the connectivity of the future. With 5G services on offering for many in near future, operators' service revenue from the consumer segment is expected to give the necessary boost to overall revenue growth." — Venkatesh Mahale, research manager, Worldwide Telecommunications research at IDC
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