B2b Telecommunication Market To Gather $181.35 Billion At A Cagr Of 14.8% By 2030: Allied Market Research

Allied Market Research recently published a report on the global B2B telecommunication market, which is estimated to reach $181.35 billion by 2030. The market was valued at $46.36 billion in 2020 and is forecasted to grow at a CAGR of 14.8% during the 2021-2030 period. The growth of the market is attributed to the growing adoption of Internet of Things and increasing pace of industrialization and urbanization across the globe. The SMEs segment is likely to showcase a CAGR of 15.9% during the 2021-2030 period.