Telecom Power Systems Market is Expected to Reach US$ 10.5 Billion by 2032
The global telecom power systems market size reached US$ 5.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.5 Billion by 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032. The market is driven by the growing number of smart cities, as they leverage telecom power systems for data management, energy efficiency, and overall sustainability, increasing reliance on 5G technology, and rising adoption of green power.
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