Telecom

The telecom sector in India is characterized by a vast base of users of both mobile and internet services users. India is the second largest telecommunications market in the world, allowing it to hold one of the lowest tariff rates of usage. The sheer volume of users has led to massive competition among the telecom providers in the country, with each one providing lower and lower tariff and data usage rates.
The telecom sector mainly comprises wireline and landline services, mobile and wireless services and internet services. With better roads access and competitive pricing to users, mobile connectivity has now reached the rural areas of the country. Another factor driving growth is the government’s focus on digitization of financial transactions. This has led to a rise in the number of mobile wallet applications and payment gateways as well. The smart cities project will also require the use of Internet of Things and increased dependence on digital connectivity. With the use of mobiles and smartphones on an all-time high, telecom is a very promising sector currently.
Telecom has the following sub-sectors under it, Service Providers, Passive Infrastructure, Network Managed Services, Handset/Terminal Applications etc
The Service Providers sub-sector is the very foundation of the Telecom sector and most of the job roles are concentrated here. A number of telecom giants had entered the Indian market and held the major share, but are now facing tough competition with the advent of domestic players. India has the second largest number of mobile phone users in the world, making it an attractive segment both in terms of market share and revenues.
A rapid rise in the number of mobile subscribers in recent years has boosted growth in the Passive Infrastructure segment. This includes the installation and maintenance of towers, power supply, battery backups, cables, building and other physical sites which provide the necessary infrastructure for mobile and telecommunication services.
The Network Managed Services sub-sector includes a host of services essential to the telecom sector like Internet Protocol (IP) and Virtual Private Network (VPN) services, LAN and WAN services, Wireless Ethernet LAN, video conferencing etc. With technology advancing at the speed it is, this is a prime segment for both new services to be launched, and new players to enter the market.
With the entire world moving online, everything is becoming either web or app-based these days. The usage of smartphones has made the internet easily accessible even to non tech-savvy people. Since everything from financial transactions, to shopping, to food ordering, and even medicine and medical practitioners are available online, all brands and organizations have understood the value of having their own apps. This has led to application development becoming an essential part of the future of Information Technology. India is among the fastest growing markets for mobile applications, and the second largest in app downloads globally.