NEW YORK, Dec. 13, 2016 /PRNewswire/ -- The Telecom Infrastructure Equipment market comprises of establishments involved in the manufacture of hardware used by telecom service providers to deliver their services to the customers. These establishments manufacture hardware such as switching equipment, transmission equipment, signaling equipment, bridges, gateways and others.
The Americas was the x largest geographic region in the telecom infrastructure equipment market in 2016, accounting for $x billion or x% of the global market. Asia was the x largest geographic market, accounting for $x billion or x% of the global market. Europe was the x largest geographic market, accounting for $x billion or x% of the global market. The Middle East and Africa accounted for x% and $x billion, while Oceania accounted for x% of the global telecom infrastructure equipment market.
Increase In Standardization – The increasing globalization of telecom infrastructure equipment has warranted the need for standardization of products involved. Standardization of telecom equipment would enable inter-operability between equipment and systems. Fast pace of innovation in the communications equipment market makes it necessary to revise standards at regular intervals. The diverse specifications of products designed by different companies also make standardization tough. Lack of consensus among different countries on what constitutes an ideal standard thwarts attempts at standardization. Despite all the above problems, attempts at standardization have continued and accelerated in recent years For instance, G.600-G.699 standard was defined by ITU for transmission media and optical systems.
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