The global horizontal directional drilling market size was valued at USD 8.17 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2028. The Horizontal Directional Drilling (HDD) technique is used to accurately undertake drilling operation and back ream the required pipe, sidelining various obstacles on the bore path without causing significant collateral damage to the subsurface ecosystems. Rising concerns about the need to minimalize environmental damage caused by rapid infrastructure development across the globe worldwide are contributing significantly to the increased adoption of Horizontal Directional Drilling Market. Subsequently, the complex data requirements, combined with the need for collaborative work operations at offshore and on shore sites, necessitate the high reliance of operators on robust telecommunications services. The rising need to offer better broadband connectivity and the demand for cloud-based services is compelling telecom operators to up their investment in modernized infrastructure, therefore contributing to the market growth.
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