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Corporate Telecom Spending
Highest for Cellular, Says Insight Research
press
release
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Report
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Market
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BOONTON, NJ.
January 18, 2007:
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Recent
Reports
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Spending by businesses on
wireless services accounted for over one-third of the
corporate bill for telecommunication services in 2006, says a new market
research report from Insight Research. By the close of 2006, total US business
spending on telecommunications services reached just over $132 billion, and by
2011 business spending is forecasted to grow to nearly $154 billion, according
to the new research study.
Insight’s newly released
market analysis report, Telecom Services in Vertical Markets 2006-2011,
reveals that wireless service revenues are expected to grow at a compounded rate
of eight percent annually from 2006 to 2011. The majority of these wireless
revenues come from four market segments: construction; financial, insurance,
and real estate; professional business services; and transportation. As for
corporate wireline telecommunications expenditures in 2006, four
industries—wholesale trade; financial, insurance, and real estate; professional
business services; and communications—accounted for 70 percent of revenues,
though little growth is predicated for wireline services over a five-year
horizon. The study analyzes 14 vertical industries categorized by the Standard
Industrial Classification (SIC) system, and focuses on corporate spending for
wireline and wireless telecommunications services in each of the 14 industries.
“The price wars we’ve seen
over the past six years are over, but revenue growth in wireline services is not
forecasted to bounce back,” says Robert Rosenberg, President of Insight.
“Wireline revenue growth will be constrained by the growth of wireless spending,
though that increase is going to be uneven across the various business sectors,”
Rosenberg concludes.
An
excerpt of this public Ethernet services market research report, table of
contents, and ordering information are online
http://www.insight-corp.com/reports/vert06.asp. This
111-page report is available immediately for $3,995 (hard copy). Electronic
(PDF) reports can be ordered online.
For more information please
contact:
Ms. PJ Conger, Marketing Director
973-541-9600
pj@insight-corp.com |
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Public Ethernet Services 2007 - 2012
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The 2007 Telecommunications
Industry Review: An Anthology of Market Facts and Forecasts |
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IP-Based Application
Services Market 2006-2011 |
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US Hispanic Use of
Telecommunication Services 2006 - 2011 |
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Insight
Research,
founded
in
1990,
is
a
highly
respected
source
for
telecommunications
market
research
and
strategic
analysis.
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Marketing Dept.
at Insight Research
973-541-9600
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