FY2022 – FY2027 Mid-Term Demand Forecast for Telecommunication Equipment (December, 2022)
Expectations for a sustained economic recovery in FY2022 is high, as socio-economic activities resume a sense of normalcy and many telecom equipment categories are expected to show positive growth, rebounding from low production and unfulfilled orders the previous year due to the supply restrictions. Exports are also expected to be robust as many categories benefit from a weaker yen. Total demand for telecom equipment in FY2022 is forecast at approximately 3.844 trillion yen (+8.2% year-over-year growth).
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