U.S. telecom services market is expected to grow at a CAGR of 6.6% from 2024 to 2030
The U.S. telecom services market size was estimated at USD 468.08 billion in 2023 and is expected to grow at a CAGR of 6.6% from 2024 to 2030. The presence of major telecom service providers in the United States, such as Verizon, AT&T, and T-Mobile, along with several others, is expected to drive market expansion in the coming years. These companies are engaged in mergers & acquisitions, as well as product launch activities, to drive their revenue shares. Furthermore, these companies are expanding their geographical presence across the country through the installation of towers and the establishment of R&D centers, aiding market expansion. For instance, in January 2024, DISH Wireless received a substantial grant of USD 50 million from the U.S. Department of Commerce's National Telecommunications and Information Administration for developing the Open RAN Center for Integration & Deployment (ORCID). U.S. Telecom Services Market Segment...