Telecom DC Power Systems Industry: Which Growth Prospects Can You Leverage?
Demand for direct current (DC) power systems is experiencing transformational growth due to advances in 5G and the Internet of Things (IoT) alongside radio access network (RAN) site modernization and edge expansion
Overview
The global telecom DC power systems industry is highly mature, generating revenue worth $4.6 billion in 2023. The market, however, saw a sharp revenue decline the same year because of several factors, including decreased growth in the overall RAN industry, a slowdown in 5G construction and spending, excess inventory built in response to supply chain uncertainties and other macroeconomic factors. As of 2024, the telecom DC power systems industry is gradually recovering and expected to record moderate growth at a CAGR of 5.1% between 2023 and 2033.
How will the increased spectrum requirements and the growing number of applications using the 5G network drive high power consumption and create the need for modified DC power systems and new growth opportunities?
How can your company adopt best practices and thrive across various segments based on power range and application type?
Which growth prospects will impact the supply of DC power systems to the telecom sector in the form of power supplies to telecom towers?
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