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The demand for telecommunication services and the need for upgrades have increased significantly over the past year with a shift to hybrid work structures and cloud-based solutions. Also, rapid digitization trends worldwide have increased the need for high-speed connectivity.
Telecommunication companies are investing in next-generation communication infrastructures and faster deployment of 5G connectivity to keep up with consumer preferences. Analysts expect the global telecom services market to reach $2.47 trillion by 2028, growing at a 5.4% CAGR. The growing telecom market bodes well for recognized industry leaders T and VOD.