The global telecom power systems market has witnessed moderate growth over the past few years. The major growth-inducing factors include a rise in internet penetration and the availability of energy-efficient telecom power systems.

According to the latest report by IMARC Group, titled “Telecom Power System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global telecom power systems market reached a value of US$ 3.4 Billion in 2018. Telecom power systems provide a stable electricity supply to telecom towers in case of fluctuations or interruptions in grid power. The major components of these systems include batteries, rectifiers or inverters, and power system controllers. Although most telecom systems are powered by grids, they can be integrated with renewable energy sources to reduce the operating costs. Telecom power systems form an essential part of communication networks as they help in maintaining various services such as fixed-lines and high-speed internet data.

Source: Global Telecom Power Systems Market to Reach US$ 5.8 Billion by 2024​