2G and 3G Switch off Market Size, Share, Growth, and Industry Growth by Type (2G and 3G) By Application (Message, Data, Voice, and Video), Regional Insights, and Forecast To 2033

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2G AND 3G SWITCH OFF MARKET REPORT OVERVIEW

The global 2g and 3g switch off market size was projected at USD 186.06 billion in 2024 and is anticipated to reach USD 291.63 billion by 2033, registering a CAGR of 5.12% during the forecast period.

2G and 3G enabled various networks to provide services like picture messages, text messages, and MMS. It is based on a global system for mobile communication GSM. These signals consume low battery power and help in saving mobile batteries.

Growth in telecom density and huge availability of the easy and cheaper network is anticipated to surge market growth. Rapid technology advancement and the growing need for better and more effective communication are anticipated to surge market growth. The rapid evolution of wireless communication and new innovation in technology is predicted to surge market progress. 3G technology offers a high level of security as compared to 2G and growth in high-speed data. Ongoing research and development activities are estimated to drive market growth. Increased loT equipment and high investment in developing network strength are estimated to drive market growth in the forthcoming years. On the contrary, 5G-enabled devices and VOLTE technology is anticipated to limit market growth in the coming years.

COVID-19 IMPACT

"Huge Need for Fast Network Services and Work From Culture To Boost Market Growth"

The global COVID-19 pandemic has been unprecedented and staggering, with 2G and 3G switch off experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels.

Lockdown restrictions led to the closure of offices and several companies. Increased need for digitalization and strong mobile networks fuel market growth. Work from culture boosted market growth and a huge need for fast network services to fuel market growth.

LATEST TRENDS

"Rapid Technology Advancement to Surge Market Growth"

Increased technology advancement across the globe and increased urbanization are predicted to foster market growth. Modern technology enabled various networks to provide services like picture messages, text messages, and MMS. The high need for better communication and rapid evolution of wireless communication and new innovation in technology is predicted to surge market progress. 3G technology offers a high level of security as compared to 2G and growth in high-speed data. Ongoing research and development activities are estimated to drive market growth. Increased loT equipment and high investment in developing network strength are estimated to drive market growth in the forthcoming years.

2G AND 3G SWITCH OFF MARKET SEGMENTATION

By Type

Based on type, the market is divided into 2G and 3G.

3G is expected to be the top part of the segmentation type.

By Application

Based on the application, the market is divided into message, data, voice, and video.

Message is expected to be the top part of application segmentation.

DRIVING FACTORS

"Increased Telecom Density and Easy Availability of Skilled Labor to Surge Market Growth"

Increasing telecom density and huge availability of cheaper & easy network equipment are anticipated to accelerate market growth. Increased preference for wireless communication and a huge need for communication through messages is anticipated to drive market growth. Further, increased millennial population and a huge need for smart communication. The growing trend of social media and rapid digitalization is projected to foster market progress in the forthcoming years. Ongoing strong research and development activity among market players and huge investment in the market is predicted to push market growth. The huge availability of the easy and cheaper network is anticipated to surge market growth. Rapid technology advancement and the growing need for better and more effective communication are anticipated to surge the 2G and 3G switch off market growth in the upcoming years.

"Increased loT Equipment Spending to Surge Market Progress"

Increased loT equipment spending and growing awareness about effective communication systems among the population. High need for text messages, video, and audio to deliver information from one person to another. An easy method of communication and rapid growth in electronic equipment is predicted to drive market growth. Further, several market players are adopting unique marketing strategies and the evolution of wireless mobile communication is anticipated to foster market growth. Today, wireless communication is the utmost necessity for the growing population. Huge demand for without interruption of communication is projected to fuel market growth in the upcoming years.

RESTRAINING FACTORS

"5G-Enabled Devices and VOLTE Technology to Obstruct Market Growth"

5G-enabled devices and VOLTE technology is anticipated to limit market growth in the coming years.

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2G AND 3G SWITCH OFF MARKET REGIONAL INSIGHTS

"Growth in Telecom Industry in North America to Drive Market Share "

North America is estimated to hold a prominent 2G and 3G switch off market share owing to growth in telecom density and the huge availability of the easy and cheaper network is anticipated to surge market growth. Rapid technology advancement and the growing need for better and more effective communication are anticipated to surge market growth. The rapid evolution of wireless communication and new innovation in technology is predicted to surge market progress. 3G technology offers a high level of security as compared to 2G and growth in high-speed data. Ongoing research and development activities are estimated to drive market growth. Increased loT equipment and high investment in developing network strength are estimated to drive market growth in the forthcoming years.

Asia Pacific is anticipated to account for a significant market share owing to the presence of several market players. Huge need for high-speed data and the rapid evolution of wireless mobile communication to drive market growth.

KEY INDUSTRY PLAYERS

"Leading Players Adopt New Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Top 2G And 3G Switch Off Companies

• 2degrees (New Zealand)
• Optus (Australia)
• Chunghwa (Taiwan)
• Sunrise (U.K.)
• Vodafone (U.K.)
• ORANGE (France)
• Advanced Info Service (Thailand)
• AT&T (U.S.)
• Deutsche Telekom (Germany)
• Verizon (U.S.)
• China Mobile (China)
• True Move (Bangkok)
• Bell (Canada)
• Telenor (Norway)
• Singatel (Singapore)
• Swisscom (Switzerland)
• NTT (Japan)
• Softbank (Japan)
• Spark (India)
• Telstra (Australia)
• Taiwan Telecom (China)
• KDDI (Japan)
• Telus (Canada)
• StarHub (Singapore)
• TELEFONICA (Spain)
• Rcom (India)
• M1 (Singapore)
• AMERICA MOVIL (U.S.)
• T-Mobile (U.S.)
• KT (Austria)
• FET

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.