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Service revenues in the global telecommunications
industry will reach $1.3 trillion by the close of 2007, 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,
wireless service revenues are expected to grow at a compounded rate of nearly 10
percent over the next few years, while wireline service revenues grow much more
modestly at two percent. 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 60 percent over the forecast
period, while wireline services grow at 10 percent over the same forecast
horizon.
“The
2007 Industry Review, an Anthology or 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, 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, fixed-mobile convergence, 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 telecommunications industry has fully
recovered from the malaise of the past few years and is again in a growth mode
as it ramps up to build the broadband networks that will provide new service
types,” says Insight Research president Robert Rosenberg. “But even with the
build-outs going full steam ahead, the overall revenue contribution from these
new IP services is expected to be modest. Voice still rules, and will for some
time to come,” Rosenberg concluded.
An excerpt, table of
contents, and ordering information for this IP services market research report
are online at
www.insight-corp.com/reports/review07.asp. This
279 page
report is available immediately for $995 (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. PJ Conger, Marketing Director
973-541-9600
pj@insight-corp.com |
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The Future of Telecommunications 2006-2011 |