Worldwide Telecommunications Capex Forecast, 2024–2028
target audience: TECH SUPPLIER
Publication date: Apr 2024 – Document type: Market Forecast – Doc Document number: # US51942524
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Abstract
This IDC study provides a worldwide forecast for telecommunications service provider capex covering the 2024–2028 period. The capex forecast is broken out between wireless and wireline networks with data for each one of the three main geographic regions. Capex is defined as capital spending by telcos to acquire or upgrade tangible assets (plant, property, and equipment) and intangible assets excluding telecommunications and spectrum licenses.
“Communication service providers have implemented capex management strategies aimed at strengthening free cash flows and reducing capex intensity ratios,” says Peter Chahal, director, Worldwide Telecommunications Insights at IDC. “However, stringent capex management of annual communication service provider capex does not mean this is an insignificant market. IDC estimates 2023 worldwide telecommunications service provider capex will be just over $329.9 billion and nearly $308.6 billion in 2028.”
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