The U.S. communication equipment products market was estimated at USD 39.7 billion in 2022 and is projected to grow at a CAGR of 5.2% from 2023 to 2030. The growing demand for high-speed data services and increasing consumer preference for advanced communication devices and systems are some of the major factors driving the market growth.

The rising adoption of 5G technology is expected to be a major growth driver over the forecast period. The 5G technology offers high-speed internet and more reliable connections, which enhances user experience. Furthermore, the technology offers increased data transfer speeds, high-quality streaming, and faster connections, which makes it ideal for various applications, including autonomous driving and smart cities. As a result, the 5G technology is expected to revolutionize the communication industry and increase the demand for 5G-enabled communication equipment.

The rising popularity of the Internet of Things (IoT) is driving the demand for communication equipment. IoT technology uses communication equipment such as sensors, actuators, and control systems to collect and transfer data over a network. The technology offers several advantages such as improved efficiency, cost reduction, and better customer experience. Furthermore, the increasing demand for cloud computing and data analytics is expected to boost the demand for communication equipment.

The increasing demand for consumer electronics is also driving the market growth. The consumer electronics industry is witnessing rapid growth due to the increasing consumption of consumer electronics such as smartphones, laptops, and tablets. Furthermore, the growing demand for consumer electronics is expected to drive the demand for communication equipment. Additionally, the increasing demand for consumer electronics such as gaming consoles, smart TVs, and streaming devices is expected to further boost the market growth.

The increasing adoption of cloud computing is also expected to drive the market growth. Cloud computing provides several benefits such as improved scalability, flexibility, and cost savings. Furthermore, cloud computing provides enhanced security, which makes it ideal for enterprises. The increasing demand for cloud-based solutions is expected to drive the demand for communication equipment.

The cellular network segment led the market and accounted for a share of around 33.3% in 2022. Growing demand for voice-enabled services and internet-based applications, such as streaming video, audio, and gaming, is driving the growth of the cellular network market. According to a report published by Statista, in January 2020, the number of mobile phone users in the U.S. is expected to reach over 280 million by 2024. Furthermore, the emergence of 5G networks, the increasing use of smartphones, and the growing popularity of smart devices are the major factors driving the growth of the cellular network market.

The satellite communication segment is anticipated to expand at the fastest CAGR of 8.8% over the forecast period. Growing demand for satellite communications is mainly attributed to its high reliability, as it is not dependent on terrestrial infrastructure. In addition, the increasing demand for satellite-based services, such as internet access, voice services, and data transmission, is further driving the growth of the satellite communication market. Various organizations are investing in the development of satellite communication equipment, which is expected to further boost the growth of the market.

The offline segment captured the major share of over 31.3% in 2022. The growth of the segment is mainly driven by the consumers’ preference towards offline stores due to brand trust and product availability. Offline stores enable consumers to have a better understanding of the product they are looking for. In addition, these stores also offer discounts and offers from time to time, which is an attractive factor for many consumers.

The online segment is anticipated to expand at the highest CAGR of 12.4% over the forecast period. The growing penetration of the internet and the increasing use of smartphones has enabled companies to expand their presence in the e-commerce market. In addition, companies are investing in marketing activities to increase awareness about their products and services. For instance, in April 2021, Apple Inc. launched its own online store in India to increase its presence in the country. The store will offer a range of services, including online sales of iPhones, iPads, Macs, and other Apple products.

The wired communication equipment segment accounted for the largest revenue share of 43.2% in the year 2022. The increasing demand for gigabit data speeds and the introduction of 5G networking standards are propelling the demand for wired communication equipment. In addition, the increasing trend of personalized services by mobile operators and internet service providers is further boosting the market. For instance, AT&T Inc. launched its personalized service, ‘AT&T Now’, in 2019. Such services are significantly contributing to the growth of the wired communication equipment segment.

The wireless communication equipment segment is projected to expand at the highest CAGR of 11.1% over the forecast period. The increasing demand for wireless communication devices by public and private organizations is driving the market. For instance, the U.S. government has invested in wireless communication hardware for emergency services, public safety, and military use. Furthermore, the growing popularity of streaming services and the introduction of 5G technology are boosting the demand for wireless communication equipment.

The U.S. communication equipment market is expected to grow significantly during the forecast period. This can be attributed to the increasing demand for communication infrastructure and IT equipment from enterprises and government authorities. Furthermore, the implementation of 5G networks in the U.S. is expected to drive the market growth during the forecast period.

The North America region is expected to witness the highest market share due to the presence of leading players in the region. Additionally, the presence of well-developed telecom infrastructure and the increasing demand for communication infrastructure due to the increasing number of internet users are expected to drive the growth of the market. Moreover, the presence of government initiatives to encourage the deployment of 5G networks in the U.S. is further expected to drive the growth of the market.

In this part of the U.S. communication equipment products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a U.S. communication equipment products business comes from sales of communication equipment such as telephones, cell phones, routers, modems, and other related products. Here you will find a list of the most common communication equipment products and other possible sources of profit such as installation services, maintenance services, and equipment leasing.

Projecting Expenses
In this section, all the regular expenses related to keeping the U.S. communication equipment products business running will be described. The list of operating expenses includes wages, advertising and marketing, research and development, materials and supplies, utilities, and insurance policies.

Some of the key companies operating in the U.S. communication equipment market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Cisco Systems, Inc. launched the Catalyst 9000 Series of switches for enterprise-scale networks.

– In August 2022, Juniper Networks, Inc. launched the EX4300-48T switch for providing better network performance in data centers.

– In October 2022, Arris International plc launched the SURFboard mAX Pro Mesh Wi-Fi 6 system for providing better coverage in larger homes.

Some of the prominent players in the U.S. communication equipment market include:

– Cisco Systems, Inc.
– Arris International plc
– Huawei Technologies Co., Ltd.
– Juniper Networks, Inc.
– NETGEAR, Inc.
– Motorola Solutions, Inc.
– Polycom, Inc.
– Motorola Solutions, Inc.
– CommScope Holding Company, Inc.
– Avaya, Inc.

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global U.S. communication equipment products market based on product, distribution channel, type, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Network Equipment
– Wireless Devices
– Satellite Communication Equipment
– Other Communication Equipment

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Online
– Offline

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Low Frequency
– High Frequency

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– U.S.
– Canada
– Mexico
– Rest of North America

[Q]: What are the Key Drivers of the U.S. Communication Equipment Products Market?
[A]: The key drivers of the U.S. communication equipment products market include the increased demand for faster internet speeds, technological advancements, and the rise of 5G networks. The growth of the Internet of Things (IoT) and the increasing number of connected devices is also driving the market. Additionally, the growing preference for cloud-based services and the emergence of Unified Communications as a Service (UCaaS) are expected to further boost the demand for communication equipment products.

[Q]: Who are the Major Players in the U.S. Communication Equipment Products Market?
[A]: The major players in the U.S. communication equipment products market include Cisco Systems, Inc., Hewlett Packard Enterprise, Microsoft Corporation, Motorola Solutions, Inc., NEC Corporation, NETGEAR, Inc., and Juniper Networks, Inc.

[Q]: What are the Key Product Categories?
[A]: The key product categories in the U.S. communication equipment products market include wired communication equipment, wireless communication equipment, and other communication equipment.

[Q]: What is the Market Outlook?
[A]: The U.S. communication equipment products market is expected to witness a healthy growth rate over the forecast period. This is attributed to the increasing demand for high-speed internet and the adoption of 5G technology. Additionally, the growth of the Internet of Things (IoT) and the increasing number of connected devices is expected to further boost the demand for communication equipment products.