Consumer demand for telecom services has kept expanding since the onset of the COVID-19 pandemic. The sector is projected to achieve solid growth over the next few years, owing to the extended remote life culture.
Demand for increased bandwidth and the 5G rollout have driven the telecom services sector. In addition, President Biden’s infrastructure bill is expected to provide further impetus to building better telecom facilities. According to a Market Watch report, the Telecom Services Market is expected to grow at more than 5.4% per annum over the period 2020 - 2027.
