In 2024, the telecommunications industry grew by 2.3%, reaching nearly USD 1,400 billion in global revenues. Growth is expected to modestly accelerate in 2025, driven by the expansion of 5G networks and network coverage in emerging economies.
Key points include:
- Mature Markets: Mobile subscription penetration exceeds 100% in most regions, but potential remains in Africa (85%) and India (80%).
- Fixed Broadband: Marginal growth in both mature and emerging markets, with Fixed Wireless Access (FWA) gaining traction as a cost-effective alternative for faster networks.