RAPID US TELECOM’S GROWTH DRIVES DEMAND FOR ENGINEERS
The booming global telecoms market has immediate demand for engineering talent. Each major market will offer a wealth of specific opportunities for telecommunication engineering jobs, and we consider some of the biggest ones.
5G speeds traffic up
The global telecoms and media market will generate $1.58 trillion in revenues in 2021 from 11.96 billion connections, according to statistics from research firm Ovum.
The US will be the world’s largest telecoms & media market by revenues throughout the forecast period, with revenues of $402 billion in 2021 generated from 805 million connections. US revenues will be 25% of the global total in 2021, compared to US connections, which will be 7% of the global total.
According to the research firm ABI Research, 5G network deployment is expected to take off in the US after 2020. US telecom operators will spend around $104 billion during 2015-25 to upgrade their existing 4G networks to 5G standards and then to implement full installation of 5G wireless services. Consequently, the market for telecommunication engineering jobs will skyrocket, as operators will have tremendous need for specialized engineering talent to make the change.