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Worldwide Telecom Industry Growing Ten
Percent Annually, Revenues Expected to Reach $2.7 Trillion by 2013, says Insight
Research Corp.
press
release
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BOONTON, NJ.
Nov 13, 2007:
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Recent
Reports
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 Global
telecommunications industry services revenue will reach $1.7 trillion by the
close of 2008, with continued strong growth in wireless leading the way, says a
new market analysis report from The Insight
Research Corporation. According to the new industry market study, overall
telecommunications services revenues are expected to grow at a compounded rate
of nearly 10.3 percent over the next few years, reaching $2.7 trillion by 2013.
Wireless makes the strongest showing across all sectors while wire line follows
a distant second. Nearly all of the growth in both sectors is expected to occur
in broadband services, with wireless broadband service revenues expected to grow
at a compounded rate of more than 70 percent over the forecast period, while
wire line broadband services grow at under 10 percent over the same forecast
horizon.
The 2008 Industry Review,
an Anthology of Market Facts and Forecasts states that in the
growth environment set off by the rush to meet subscriber demand for broadband
services, service providers are trying to create viable business models on the
fly in order to deliver new types of IP-based services, including Residential
Video Telephony, Fixed Mobile Convergence (FMC), File Sharing/Downloading
Services, Audio/Video Streaming Services, Location-Based Services, and
Presence-Based Services.
The study
highlights rapidly growing industry segments such as VoIP, WiFi and WiMax, FMC,
IMS, IPTV and streaming media, as well as technological innovations such as grid
computing and DWDM and WDM in fiber optics. The report also looks at changes in
telecommunications buying patterns among enterprises that purchase managed
services as well as other communications services. The study highlights the use
of outsourcing by carriers as a major factor in the return to profitability.
“The
telecommunications industry is growing, and broadband networking that will be
deployed to facilitate new service offers is leading the way,” says Insight
president Robert Rosenberg.
An excerpt,
table of contents, and ordering information for this market research study of
the global telecommunications industry are available online at
www.insight-corp.com/reports/review08.asp. This 299
page report is available immediately for $1,195(hard copy). Electronic (PDF)
reports can also be ordered online. Visit our Website, or call 973-541-9600 for
details.
For more
information please contact:
Ms. Kim Novak, Marketing Director
973-541-9600
kim@insight-corp.com
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The 2008 Telecommunications Industry Review: An
Anthology of Market Facts and Forecasts |
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Telecommunications Service Providers Subscriber
Growth, 2007-2012 |
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Residential Telephony, 2007-2012 |
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Fixed Mobile Convergence: Single Phone Solutions for
Wireline and Wireless, 2007 – 2012 |
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founded
in
1990,
is
a
highly
respected
source
for
telecommunications
market
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and
strategic
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Contact
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Marketing Dept.
at Insight Research
973-541-9600
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Telecom
Market
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