Since the onset of the COVID-19 pandemic, communication services have been in high demand as people spend most of their time indoors. The growing inclination toward social media and streaming has led to rising demand for communication services. This trend is expected to continue with digitization and hybrid lifestyles.
Moreover, with the continued expansion of the 5G network and governments’ infrastructure investments, the communication services sector is expected to witness exponential growth. According to a report by Research Nester, the global consumer communication services market is expected to grow at a CAGR of 4% by 2027.
