As per Allied Market Research, the global 5G technology market was valued at $5.3 billion in 2020, and it is expected to be worth $797.7 billion by 2030, growing at a CAGR of 65.8% from 2021 to 2030.
Data from Bank of America indicates that 59% of large-cap active exchange traded funds exceeded their Russell 1000 benchmarks amid a volatile market environment in September.
10 Best Communication Stocks to Buy Now In this article we will take a look at the 10 best communication stocks to buy now. You can skip our detailed analysis of the communications sector’s outlook for 2021 and some of the major growth catalysts for communication stocks and go directly to the The global communications sector initially consisted of just a few major players. It has now become a much more decentralized market as new opportunities emerged within the telecom industry. The industry has many functions involved including IT, construction, and AI which has opened up many business opportunities for communication companies to take advantage of. According to the Business Research Company, the telecom market size is expected to reach $3450 billion by 2022, growing at a CAGR of around 6%. This growth can be attributed to increasing development of smart cities and emerging market growth across the world.