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 is the hardware used for telecommunications. Since the 1990s the
boundary between telecoms hardware and IT hardware has become blurred as a
result of the growth of the internet and its increasing role in the transfer of
telecoms data.
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The global communications hardware market has been growing in the past
years with a CAGR of almost 11%. The year 2017 recorded growth in this market
with a net market value more than 33% higher than that of 2013, as per TBRC’s
in-house consultants.
TBRC’s latest report show the historic and future trends in the market
for each year with sourced reasons to support the growth claims.
The report also shows
the global communications hardware market to grow at a higher CAGR by 2021 as
compared to 2017, along with geographies best suited for investments with
highest return rate.
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The Internet of Things (IoT) is emerging as the next big trend in the
computers market with the ability to create an impact across the business
spectrum. The Internet of Things merged the physical and online worlds to open
up to a host of opportunities for companies, governments and consumers. The IoT
is a complex ecosystem with multiple players such as device vendors,
communication service providers, software vendors and IT service providers. For
example, The August Smart Lock uses the Internet of Things platform to
automatically lock and unlock the front door of a user’s residence, and can
also remotely grant access to guests, friends or staff.
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Companies included in the report are CISCO, Apple, Ericsson, Samsung
Electronics, and Huawei.
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