Driving Business Growth with Fixed Line Services Procurement Intelligence
The fixed line services category is anticipated to grow at a CAGR of 5.20% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD999.75 billion. The consistent and stable connectivity service offered by the category makes it ideal for critical applications like business communications, remote work, and online learning. Higher bandwidth and faster internet speeds compared to wireless options further fuel the category demand which supports data-intensive applications, smart homes and IoT. The infrastructure such as fiber-optic networks offers scalability & security and the potential to meet future technological advancements and bandwidth requirements, making it a preferable option for businesses. Growing consumption of high-definition streaming content and online entertainment also supports the category rise. In August 2023, Reliance Jio surpassed BSNL to take the top spot among India's fixed-line service providers. According to Telecom Regulatory Author...