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Eliana Grace
Artist
The global
telecom power systems market
size was valued at USD 3.28 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.8% from 2021 to 2028. These power systems are designed for fixed-line applications and wireless broadband access. The factors such as the growing penetration of telecom towers in remote locations as well as the increasing deployment of cell power systems used for LTE networks are expected to fuel the market growth over the forecast period. Telecom power systems are designed to support telecommunication services by controlling and monitoring the flow of power in case there are any disruptions or grid power fluctuations in the network.
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