India Telecom Services Market Size & Outlook, 2026-2030

The telecom services market in India is expected to reach a projected revenue of US$ 217,629.9 million by 2030. A compound annual growth rate of 8.5% is expected of India telecom services market from 2026 to 2030.
Revenue, 2025 (US$M)
$145,163.6
Forecast, 2030 (US$M)
$217,629.9
CAGR, 2026 - 2030
8.5%
Report Coverage
India

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India telecom services market, 2018-2030 (US$M)

India telecom services market, 2018-2030 (US$M)

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India telecom services market highlights

  • The India telecom services market generated a revenue of USD 145,163.6 million in 2025 and is expected to reach USD 217,629.9 million by 2030.
  • The India market is expected to grow at a CAGR of 8.5% from 2026 to 2030.
  • In terms of segment, mobile data services was the largest revenue generating service type in 2025.
  • Mobile Data Services is the most lucrative service type segment registering the fastest growth during the forecast period.

Telecom services market data book summary

Market revenue in 2025USD 145,163.6 million
Market revenue in 2030USD 217,629.9 million
Growth rate8.5% (CAGR from 2026 to 2030)
Largest segmentMobile data services
Fastest growing segmentMobile Data Services
Historical data2018 - 2024
Base year2025
Forecast period2026 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay TV Services, Machine-to-Machine (Mobile IoT) Services
Key market players worldwideAT&T, Verizon Communications Inc, Nippon Telegraph & Telephone Corp, China Mobile, Deutsche Telekom AG, SoftBank Group Corp, Telefonica SA, Vodafone Group PLC, KT Corp ADR, Reliance Inc, KDDI Corp, Orange SA, BT Group PLC, Comcast Corp Class A

Other key industry trends

  • In terms of revenue, India accounted for 6.9% of the global telecom services market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China telecom services market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 217,629.9 million by 2030.

Mobile data services was the largest segment with a revenue share of 36.58% in 2025. Horizon Databook has segmented the India telecom services market based on fixed voice services, fixed internet access services, mobile voice services, mobile data services, pay tv services, machine-to-machine (mobile iot) services covering the revenue growth of each sub-segment from 2018 to 2030.


According to a report published by the GSMA, leading telecom companies in India are anticipated to invest more than USD 19.5 billion by 2025 to roll out cutting-edge 5G infrastructure. The report foresees 5G benefiting the Indian economy by USD 445 billion from 2023 to 2040. 

Telecom operators in the country are investing heavily in rolling out 5G infrastructure to cash in on the growing demand for high-speed data networks and augment their profits. 

Favorable government initiatives and investments being pursued by the Indian government for the development of telecommunications infrastructure are fostering the growth of the telecom services market in the country. 

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Telecom Services Market Companies

Name Profile # Employees HQ Website
China Mobile View profile 10001+ Hong Kong, Hong Kong Island, Hong Kong, Asia http://www.chinamobileltd.com
BT Group PLC View profile 97100 1 Braham Street, London, United Kingdom, E1 8EE https://www.bt.com
KDDI Corp View profile 86331 Garden Air Tower, 10-10, Iidabashi 3-chome, Chiyoda-ku, Tokyo, Japan, 102-8460 http://www.kddi.com
KT Corp ADR View profile 19737 90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, Korea, Republic of, 13606 https://corp.kt.com
SoftBank Group Corp View profile 86023 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan, 105-7303 https://www.group.softbank
Nippon Telegraph & Telephone Corp View profile 381653 5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, Japan, 100-8116 http://www.ntt.co.jp
Comcast Corp Class A View profile 186000 One Comcast Center, Philadelphia, PA, United States, 19103-2838 https://www.comcastcorporation.com
Telefonica SA View profile 104142 Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, Spain, 28050 https://www.telefonica.com
AT&T View profile 10001+ Dallas, Texas, United States, North America https://www.att.com
Vodafone Group PLC View profile 85225 Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN https://www.vodafone.com
Deutsche Telekom AG View profile 201251 Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 https://www.telekom.com
Verizon Communications Inc View profile 105400 1095 Avenue of the Americas, New York, NY, United States, 10036 https://www.verizon.com
Reliance Inc View profile 15500 16100 N. 71st Street, Suite 400, Scottsdale, AZ, United States, 85254 https://www.reliance.com
Orange SA View profile 129500 111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, France, 92130 https://www.orange.com/en

India telecom services market size, by service type, 2018-2030 (US$M)

India Telecom Services Market Outlook Share, 2025 & 2030 (US$M)

India telecom services market size, by service type, 2018-2030 (US$M)

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