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.
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The market is valued at $692 billion in 2017 due to economic growth, increasing smart cities, government initiatives and internet of things.
The communications hardware market in The Business Research Company’s report is segmented into three segments, namely general communication equipment, broadcast communications equipment and telecom infrastructure equipment. While the first segment accounts for more than half of the market share, the remaining share is attributed to the other two segments.
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China was the largest country in the communications hardware market in 2017, accounting for more than three-fifth of the market share. China was followed by the USA and Japan as the next largest countries in the market.
Apple was the largest company in the communications hardware market, followed by Samsung and Cisco Systems. Apple Inc was established in 1976 and is headquartered in California, USA. Its products and services include phones, tablets, music players, laptops, desktops and TVs. Its consumer and professional software applications include the IOS and OS X operating systems, iCloud, and accessories, service and support offerings. The company also has iTunes Store, App Store, iBook Store, and Mac App Store through which it sells its digital content and applications.
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