Rapid increase in energy consumption has been recognized as
a major threat to environmental protection and sustainable development.
Communications hardware accounts for about 2%-4% of the total global carbon
emissions. Due to access to the high-speed internet provided by next-generation
wireless networks and increased smartphone usage, data traffic has increased
the requirement for global access, triggered a dramatic expansion of network
infrastructures and escalated energy demand. Environment friendly batteries,
renewable energy sources, and intelligent management of the power systems are
some of the proposed solutions to reduce carbon emissions.
THE BUSINESS RESEARCH COMPANY
EXPECTS THE COMMUNICATIONS HARDWARE GLOBAL MARKET
TO GROW TO $1040 BILLION BY 2021
Asia Pacific was the largest
region in the communications hardware market in 2017, accounting for more than
two-thirds of the market share.
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According
to The Business Research Company’s Consultant, Nitin Gianchandani, the
increasing globalization of communications hardware has created the need for
standardization of products involved. Standardization of communications
hardware would enable inter-operability between equipment and systems across
companies and countries. The fast pace of innovation in the communications
equipment market makes it necessary to revise standards at regular intervals,
which is hard to do with so many differences. Lack of consensus among different
countries on what constitutes an ideal standard thwart attempt at
standardization. The diverse specifications of products designed by different
companies also make standardization tough. Despite all the above problems,
attempts at standardization have continued and accelerated in recent years, for
example, G.600-G.699 standard was defined by ITU for transmission media and
optical systems.
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Apple, Inc. was the largest player in the communications
hardware manufacturing market, with
revenues of $141.3 billion in 2017. Apple’s
strategy is to provide its customers with products and services that have
innovative design, ease-of-use and seamless integration. Apple, Inc aims to
increase its customer reach by providing high quality sales and support
services to its customers and also by expanding its retail and online stores
and increasing its third party distribution network.
Businesses in the communications hardware industry
manufacture telephone apparatus and broadcasting and wireless communications
hardware. It includes wired and wireless communication hardware equipment.
Communications Hardware Global Market Report 2018 is a detailed
report giving a unique insight into this market. The report is priced at $4000
for an individual user. To use across your office, the price is $6000 and $8000
if you wish to use across a multinational company.
About
The Business Research Company
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titles.
The Business Research Company is a market research and
intelligence company, which excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and
the US as well a network of trained researchers globally. It has specialist
consultants in a wide range of industries including manufacturing, healthcare,
chemicals and technology.
The Business Research Company's management has more than 20 years
of varied business research experience. They have delivered hundreds of
research projects to the senior management of some of the world's largest
organizations.
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