The India telecom equipment market size reached USD 24.46 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 34.74 Billion by 2033, exhibiting a growth rate (CAGR) of 3.97% during 2025-2033. The market is driven by the increasing investments in telecom infrastructure to support faster speeds and higher data capacity, along with the growing concerns about cybersecurity.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 24.46 Billion |
Market Forecast in 2033 | USD 34.74 Billion |
Market Growth Rate 2025-2033 | 3.97% |
Expansion of 5G network
The expansion of the 5G network is fueling the India telecom equipment market growth. With companies rolling out 5G services, the demand for advanced telecom equipment, including fiber optic cables, small cells, routers, and base stations, is rising. The ongoing shift towards 5G requires massive investments in network expansion, encouraging telecom providers to buy new-age equipment that ensures better coverage and low latency. As more individuals and businesses are turning to 5G for seamless streaming, gaming, and cloud computing, telecom companies are being encouraged to scale up their networks, further driving the demand for high-tech telecom equipment. Government initiatives promoting ‘Make in India’ and incentives for local telecom equipment manufacturing are motivating domestic and international firms to wager on production. With industries like artificial intelligence (AI), the Internet of Things (IoT), and smart cities relying on 5G connectivity, the need for robust telecom infrastructure continues to grow, making the telecom equipment market one of the fastest-expanding sectors in India. As per the data released by Nokia, in India, the number of 5G subscribers is projected to increase from 290 Million in 2024 to 770 Million by 2028.
Growing cybersecurity concerns
The rising cybersecurity concerns are offering a favorable India telecom equipment market outlook. With the increasing number of cyberattacks, telecom companies are investing in secure network infrastructure to protect against cyber threats, data breaches, and hacking attempts. As per industry reports, in 2024, India experienced an increase in cyber attacks, inculcating BSNL's data breaches, Angel One's personal information leak, and WazirX's hack of USD 235 Million. Around INR 12,000 Crore was lost to fraud, with a significant focus on the hospitality, banking, and healthcare sectors. Tamil Nadu, Telangana, and Bengaluru were the leading locations for attacks. With the rollout of 5G networks, increasing internet penetration, and the rise of IoT devices, telecom providers need advanced security-focused equipment like firewalls, encrypted routers, and AI-based threat detection systems to safeguard their networks. Cyberattacks on telecom infrastructure can disrupt services and compromise user data, making cybersecurity a top priority. The Indian government has also introduced stricter regulations and data protection laws, encouraging telecom companies to upgrade their equipment to adhere to security standards. As businesses and people rely more on digital payments, cloud computing, and smart devices, telecom networks must be resilient against cyber threats, leading to higher demand for next-gen telecom equipment with built-in security features. Additionally, India is focusing on domestic manufacturing of reliable telecom equipment, reducing dependence on foreign suppliers to ensure national security. Enterprises, financial institutions, and small businesses are demanding encrypted communication networks, further impelling the market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on offering product, infrastructure, and end user.
Offering Product Insights:
The report has provided a detailed breakup and analysis of the market based on the offering product. This includes broadband access, core network, software services, and managed services.
Infrastructure Insights:
A detailed breakup and analysis of the market based on the infrastructure have also been provided in the report. This includes wireless infrastructure and wired infrastructure.
End User Insights:
The report has provided a detailed breakup and analysis of the market based on the end user. This includes consumer electronics, BFSI, retail, media, defense, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Offering Products Covered | Broadband Access, Core Network, Software Services, Managed Services |
Infrastructures Covered | Wireless Infrastructure, Wired Infrastructure |
End Users Covered | Consumer Electronics, BFSI, Retail, Media, Defense, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: