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2025 U.S. Industry Statistics & Market Forecast - Telecommunications Services
Market Size & Industry Statistics
The total U.S. industry market size for Telecommunications Services:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Statistics | 2020 2021 2022 2023 2024 | |
---|---|---|
Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.

Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
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Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Industry Insights
Major trends affect the Telecommunications Services industry include:- 5G deployment and expansion
- Internet of Things (IoT) connectivity
- Artificial Intelligence and Machine Learning integration
- Cybersecurity enhancements
- Cloud computing adoption
- Regulatory and compliance changes
- Network virtualization and SD-WAN
- Increased focus on customer experience
- Telecom infrastructure sharing
- Energy efficiency and sustainability initiatives
- Heightened competition from OTT service providers
- Edge computing growth
- Diversification into non-core services
- Increased demand for high-speed internet
- Private networks for enterprises
Product & Services Breakdown
Research products and services in the Telecommunications Services industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
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Industry Total |
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Carrier Services And Internet Backbone Services (Include Network Access Services To Other Telecommunication Carriers.) |
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Basic Fixed Local Telephony Services (Include Subscriber Line Services To End User.) |
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Calling Features - Fixed Telephony (Include Call Waiting, Caller Id, Voice Mail.) |
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Basic Fixed Long Distance Telephony - Outbound |
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Basic Fixed Long Distance Telephony - Inbound |
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Basic Fixed All Distance Telephony (Include Both Local And Long Distance Calls.) |
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Private Network Services |
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Mobile Local Telephony (Include Cellular, Pcs, Esmr Technology, And Satellite Services.) |
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Calling Features - Mobile Telephony |
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Mobile Long Distance Telephony (Include Cellular, Pcs, Esmr Technology, And Satellite Services.) |
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Mobile All Distance Telephony |
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Messaging (Paging) Services |
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Specialized Wireless Services |
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Internet Telephony |
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Other Telecommunications Services |
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Cable And Other - Multichannel Programming Distribution Services (Analog And Digital) |
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Air Time - Program Distribution Networks (Include Local, Regional, And National.) |
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Installation Services For Telecommunications Equipment |
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Advertising Space In Directories |
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Repair And Maintenance Services For Telecommunications Equipment |
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Internet Access Services - Broadband (I.E., Always-On) |
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Internet Access Services - Narrowband (I.E., Dial-Up) |
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Installation Services For Connections To Program Distribution Networks |
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Other Program Distribution Related Services |
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Network Design And Development Services |
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Rental Or Lease Of Goods And/Or Equipment |
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Resale Of Merchandise |
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All Other Receipts |
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) |
|
---|---|---|
Total Revenue | Order at top of page |
|
Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Telecommunications Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Telecommunications Services industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Telecommunications Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 6% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 2% | |||
Business and Financial Operations Occupations | 8% | |||
Business Operations Specialists | 7% | |||
Computer and Mathematical Occupations | 16% | |||
Computer Occupations | 16% | |||
Sales and Related Occupations | 18% | |||
Sales Representatives, Services | 12% | |||
Miscellaneous Sales Representatives, Services | 12% | |||
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | 12% | |||
Office and Administrative Support Occupations | 15% | |||
Information and Record Clerks | 8% | |||
Customer Service Representatives | 8% | |||
Customer Service Representatives | 8% | |||
Installation, Maintenance, and Repair Occupations | 30% | |||
Electrical and Electronic Equipment Mechanics, Installers, and Repairers | 17% | |||
Radio and Telecommunications Equipment Installers and Repairers | 17% | |||
Telecommunications Equipment Installers and Repairers, Except Line Installers | 16% | |||
Other Installation, Maintenance, and Repair Occupations | 11% | |||
Line Installers and Repairers | 10% | |||
Telecommunications Line Installers and Repairers | 10% |
Telecommunications Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Telecommunications Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Telecommunications Services industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Telecommunications Services industry. |
Latest Industry News
- RITA Africa & OmniContact BPO Services: A strategic partnership to empower African tech talent - We are thrilled to announce a transformative partnership between RITA Africa (Rise In Tech Africa) and OmniContact BPO Services, a proud subsidiary of Econet Wireless Zimbabwe, the largest provider of telecommunications services in Zimbabwe. (07/22/2025)
- TRAI pushes for migration to dedicated 1600-number series for transactional, service calls - TRAI hosts JCoR meeting to combat digital frauds, spam, and misuse of telecom infrastructure with cross-sectoral collaboration. (07/22/2025)
- PTA orders telecom firms to maintain services during monsoon floods - As heavy rains and flash floods continue across Pakistan, the Pakistan Telecommunication Authority (PTA) has directed telecom companies to ensure uninterrupted mobile and internet services in affected regions. (07/22/2025)
- Hilliary Communications to acquire TDS Telecom’s Oklahoma ops - Hilliary Communications will acquire TDS Telecom’s Oklahoma operations, adding 35,000 locations to their footprint. (07/22/2025)
- TRAI Leads Cross-Regulatory Charge to Curb Telecom Fraud and Digital Scams - One of the major discussions focused on implementing a dedicated 1600-number series for all transactional and service calls in the banking, financial services, and insurance (BFSI) sector. (07/22/2025)
- UAE telecom services trade up 4.3% to AED10.2 billion in 2024 - The UAE’s trade in telecommunication services increased by 4.3 percent in 2024, reaching AED10.2 billion, compared to AED9.8 billion in 2023, according to data released by the Federal Competitiveness and Statistics Centre (FCSC). (07/22/2025)
- Communications Services Up After Verizon Earnings -- Communications Services Roundup - Communications services companies rose after strong earnings from one major carrier. Verizon Communications shares rallied after the telecom giant raised its earnings forecast for the year, but lost lucrative postpaid phone customers for the second consecutive quarter. (07/21/2025)
- UAE telecom services trade grows in 2024: official data - The United Arab Emirates (UAE)'s trade in telecommunication services grew by 4.3 percent in 2024, reaching 10.2 billion Emirati dirham (2.78 billion U.S. dollars), up from 9.8 billion dirham in 2023, (07/21/2025)
- Digital Communications Commission to meet on July 29 to decide rules on Satellite services - Digital Communications Commission to discuss Satcom rules, spectrum pricing, and allocation for operators in upcoming meeting on July 29. (07/20/2025)
- Communications Services Climb Amid Strong Earnings - Communications Services Roundup - Communications-services companies ticked up amid a generally strong batch of earnings. Publicis Groupe rose after a string of major account wins allowed the French advertising conglomerate to assuage analysts' tariff concerns and top targets, while raising its growth projections. (07/17/2025)

