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Telecommunications Industry: Statistics, Market Size, Forecast

Telecommunications - Market Size and Industry Forecast

The 2021 Telecommunications Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2016 to 2026 reflect industry trends and growth patterns. Revenues include both public and private companies in the telecommunications industry.

Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Telecommunications - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Telecommunications companies in the United States.

Telecommunications Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesTelecommunications
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Telecommunications - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Telecommunications - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Telecommunications - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Mobile all distance telephony
Multichannel programming distribution services (analog & digital)
Basic fixed local telephony services
Mobile local telephony (inc cell, pcs, esmr tech, & satellite)
All other operating receipts
Internet access services
Carrier services & internet backbone services
Basic fixed long distance telephony - outbound
Private network services

Telecommunications - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

Chief Executives0%
General and Operations Managers1%
Business and Financial Operations Occupations9%
Business Operations Specialists7%
Computer and Mathematical Occupations17%
Computer Occupations17%
Database and Systems Administrators and Network Architects5%
Computer Support Specialists5%
Sales and Related Occupations14%
Sales Representatives, Services10%
Miscellaneous Sales Representatives, Services10%
Sales Representatives, Services, All Other10%
Office and Administrative Support Occupations19%
Information and Record Clerks11%
Customer Service Representatives10%
Customer Service Representatives10%
Installation, Maintenance, and Repair Occupations31%
Electrical and Electronic Equipment Mechanics, Installers, and Repairers22%
Radio and Telecommunications Equipment Installers and Repairers21%
Telecommunications Equipment Installers and Repairers, Except Line Installers21%
Other Installation, Maintenance, and Repair Occupations8%
Line Installers and Repairers7%
Telecommunications Line Installers and Repairers7%

Government Contracts

In the past, the federal government spent an annual total of $3,984,533,239 on the telecommunications industry. It has awarded 27,253 contracts to 2,088 companies, with an average value of $1,908,301 per company.

Telecommunications and Adjacent Industries - Top Companies

($ Millions)

Telecommunications Industry Report
GeographyUnited States  
Publication DateNovember 2021
Report FormatPDF Download  

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