EMI RFI Shielding Materials Market Analysis

In-depth Analysis of EMI RFI Shielding Materials Market Industry Landscape

The need for constant high-speed internet services is skyrocketing, and to meet this demand, various technologies like broadband, optical fiber, community antennas, satellites, and fixed and mobile wireless telecommunication devices are anticipated to see significant growth. Countries worldwide, both developed and emerging, are making large investments to expand their telecommunication infrastructure. In emerging economies such as India, China, and Egypt, governments are taking steps to enhance their telecommunication networks. For example, in February 2018, the Indian government allocated approximately USD 1.55 billion to expand its telecommunication infrastructure as part of various government projects. This aligns with India's Bharat Net project, aiming to connect rural areas with high-speed optic fiber networks and provide broadband access to rural citizens.
Similarly, in December 2018, Liquid Telecom, a major pan-African telecoms group, announced a USD 400 million investment in Egypt from 2019 to 2022. The funds are dedicated to developing network infrastructure and data centers. Liquid Telecom's extensive network spans around 70,000 km, connecting over 600 towns and cities across 13 African countries. Looking ahead, the introduction of fifth-generation (5G) cellular technology is poised to significantly propel the smartphone industry's growth. Countries like the United States, Japan, China, and South Korea are making significant strides toward 5G readiness. The effectiveness of 5G technology relies on network densification, which means increasing the number of towers and small cells in the network. Carriers will need to add three to ten times more sites to their networks to build a densified network, necessitating the expansion of telecommunication infrastructure. China is notably outpacing the United States in terms of infrastructure spending and network density, indicating rapid progress in this field. The surge in demand for high-speed internet, the extension of internet networks to rural areas, and the rollout of 5G networks in both developed and emerging economies are expected to be key drivers for the telecommunications industry's growth in the coming years.