What is the projected growth for the Telecommunications segment by 2035?

The projected growth of the telecommunications segment through 2035 is expected to be strong and sustained, driven by structural changes in how societies communicate, consume data, and deploy digital technologies. Rather than being a short-term expansion, telecom growth is increasingly viewed as a long-cycle transformation tied to digital infrastructure development worldwide.

By 2035, the telecommunications segment is widely expected to experience steady mid-to-high single-digit annual growth, with some sub-segments expanding faster than the overall industry. Mobile data services, broadband connectivity, enterprise networking, and digital communication platforms are anticipated to be the primary contributors. Growth will not be uniform across regions, but globally the sector is projected to expand significantly in both scale and complexity.