India’s telecom sector is poised for significant growth, with revenues expected to reach $61.9 billion by 2029. This impressive growth trajectory is primarily fueled by several key drivers:
Key Growth Drivers
- Mobile Data Usage: The surge in mobile data consumption plays a crucial role in boosting telecom revenues.
- 5G Rollout: The extensive deployment of 5G technology promises enhanced connectivity and new revenue avenues.
- Fiber Broadband Expansion: Increasing fiber broadband penetration supports higher data speeds and demand for digital services.
These advances are expected to more than compensate for the decline in traditional segments such as voice calls and pay-TV services, underscoring the sector’s shift towards data-centric services and modern digital infrastructure.
About The Author
