Market Insight- Global Telecom Service Market Overview 2025
Global Telecom Service Market Was Valued at USD 1799.51 Billion in 2024 and is Expected to Reach USD 2642.15 Billion by the End of 2033, Growing at a CAGR of 4.36% Between 2025 and 2033.– Bossonresearch.com
The Telecom Service market encompasses companies that provide communication services to end-users and businesses via fixed-line, mobile, broadband, and data networks. These services include voice, messaging, internet connectivity, data transmission, and managed network solutions. Providers may also offer value-added services such as cloud communication, IoT connectivity, 5G-enabled services, and network virtualization solutions. The market is characterized by rapid technological innovation, regulatory oversight, and the continuous expansion of high-speed broadband and mobile networks.
Global Telecom Service Market: Competitive Landscape
The North American Telecom Service Market market in 2024 is dominated by a few major Tier 1 operators, with Verizon holding the largest share at 20.09%, followed by AT&T at 17.53% and Deutsche Telekom at 11.18%.
Table: Major Carriers in North America and Their Market Share
|
Company |
Market Share in 2024 |
Company Type |
|
Verizon |
20.09% |
Tier 1 |
|
AT&T |
17.53% |
Tier 1 |
|
Deutsche Telekom |
11.18% |
Tier 1 |
|
T-Mobile US |
9.86% |
Tier 2 |
|
Comcast |
9.46% |
Tier 2 |
|
Charter Communications |
8.21% |
Tier 2 |
|
América Móvil |
3.00% |
Tier 3 |
|
BCE |
1.99% |
Tier 3 |
|
Telus |
1.98% |
Tier 3 |
|
Cox Communications |
1.95% |
Tier 3 |
|
Rogers Communications |
1.94% |
Tier 3 |
|
Lumen |
1.37% |
Tier 3 |
|
Others |
11.44% |
Tier 3 |
|
Total |
100.00% |
|
Key players in the Global Telecom Service Market include:
China Mobile
AT&T
Deutsche Telekom
Comcast
China Telecom
T-Mobile US
Nippon Telegraph and Telephone
Charter Communications
China Unicom
América Móvil
Telefónica
Orange
SoftBank
Vodafone
BT Group
Bharti Airtel
Saudi Telecom Company
KDDI
Telstra
KT Corporation
Virgin Media O2
Gruppo TIM
BCE
Lumen
e&
SK Telecom
Telus
SFR
MTN Group
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