Wireless telecommunication carriers operate and maintain switching and transmission facilities to provide telecommunications services via airwaves. The services provided by the companies in this industry are cellular phone services, wireless internet access, and wireless video.
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The market is valued at $1 trillion in 2017 due to technology being a driver of market growth. The areas of particular development are likely to be transport, wearable technologies, robotics, and networking. Sectors such as these will benefit from the greater efficiencies offered by these technologies. Increase in the number of services provided online will increase the demand for wireless internet access.
The market in the report is segmented into: wireless voice carriers and wireless internet services.
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The USA was the largest country in the wireless telecommunication carriers market in 2017, accounting for one-fourth of the market share followed by China and Japan.
The top five competitors in the market made up 42% of the total market in 2017. AT&T was the largest competitor, followed by China Mobile, Verizon Communications, Deutsche Telekom AG and Telefonica S.A. AT&T was the largest wireless telecommunication carriers which provides telecommunication services and products, including wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking and wholesale services.
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