London, 16 October 2015 – Technavio has published a new report on the global telecom power systems market, which is expected to grow at a CAGR of about 7% from 2015-2019.
About the Report
According to the latest report by Technavio, the rising number of Internet users and availability of digital media applications are driving the growth of data usage globally. Thus, the increase in data traffic is driving the demand for spectrum and broadband networks.
“The increase in data usage has driven telecom operators to invest in upgrading the existing network infrastructure, which will further enhance the demand for telecom power systems,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the increased deployment of small cell power systems for LTE, as the telecommunication industry is transforming to a new era with the increased LTE subscriber base worldwide.
“With the increase in mobile data traffic, the telecom operators are compelled to extend their network coverage area using wireless telecom networks in both rural areas and high-density metropolitan cities,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global telecom power systems market from 2015-2019. To calculate the market size, the report considers revenue generated from the sales of telecom power systems products, and services and software.
Key Information Covered in the Report:
Key Vendors:
- Delta Electronics
- Eaton
- Eltek
- Emerson Network Power
- GE
Market Growth Drivers:
- Demand for reduced operational costs
- For a full detailed list, view our report.
Market Challenges:
- Lack of product differentiation
- For a full detailed list, view our report.
Market Trends:
- Rise in adoption of hybrid power systems
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the telecom power system market:
- Telecom Power System Market in North America 2015-2019
- Telecom Power Systems Market in APAC: Research Analysis 2015-2019
If you are interested in more information, please contact our media team at media@technavio.com.
