
The demand for high-speed data connectivity is accelerating the growth of the telecom industry. The global telecom market is expected to grow at a CAGR of 6% until 2026.
Moreover, the rising demand for enhanced bandwidth connectivity with low latency for many mission-critical applications is estimated to power the 5G infrastructure industry growth. The 5G infrastructure market is anticipated to grow at a CAGR of 34.2% until 2030.