Answer:
consumer demand
Explanation:
The telecommunications (or telecom) industry has experienced vast changes in recent years. Telecommunications companies continue to introduce products to the home market that were once available only in very competitive business markets, such as fiber to the home for high-capacity connectivity. In many cases, content providers, such as Netflix and Xfinity, drive public demand for fast streaming capacity, forcing telecom companies to keep up. Many of these changes have happened quite rapidly, and decisions on regulations, safety, and competitive pricing are made just as quickly. In this environment, there is a continual rebalancing of supply and demand for products and services. The growth in the telecommunications industry has occurred on a global level and has enhanced the world economy. The digital age is changing the way the world lives.
For telecommunication companies, the growth has been spurred by the rapid innovations in technology. As technology continues to advance, more people demand new services and want the convenience these products provide. With the demand staying so high, it will be interesting to watch the telecommunications industry evolve in the future.
