Reportbuyer.com has released their latest research report on the global trends, estimates and forecasts for 2011-2018 for the telecommunication electronics market. The report provides an in-depth analysis of the market based on geography and strategies for future investments.
The report states the global market value of the telecommunication electronics application segment is expected to grow to US$847.6 billion by 2018. Wireless LANs and WANs segment has the fastest growing end-user market with a projected CAGR of 20.9% by 2018. The increase of network and mobile satellite terminal technology is driving the growth of the telecommunication electronics market.