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Corporate
Phone Bill Will Hit $133 Billion in 2008, Says Insight Research.
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BOONTON, NJ.
Feb. 14, 2008:
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Recent
Reports
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Spending by businesses on wired and cellular calling
will hit $133 billion by the close of 2008, says a new market research report
from Insight Research. The study
predicts that cellular calling will account for nearly 39 percent of the
corporate phone bill for telecommunication services in 2008, and is the fastest
growing expense area.
Insight’s newly released market analysis report,
Telecom
Services in Vertical Markets 2007-2012, reveals that wireless
service revenues are expected to grow at a compounded rate of more than 13
percent annually from 2007 to 2012, while growth in wired services remains
essentially flat. The biggest spenders on cellular services will come from four
market segments: construction; financial, insurance, and real estate;
professional business services; and transportation. As for corporate wireline
telecommunications expenditures in 2007, four industries—wholesale trade;
financial, insurance, and real estate; professional business services; and
communications—accounted for 70 percent of revenues. The study analyzes 14
vertical industries categorized by the NAICS, and focuses on corporate spending
for wireline and wireless telecommunications services in each of the 14
industries.
“Even without the threat of a recession, revenue
growth in wireline services was not forecasted, but now it seems close to a
certainty,” says Robert Rosenberg, President of Insight.
“On the plus side for carriers, wireless spending is forecasted to increase at a
healthy rate, but 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 available
online at
http://www.insight-corp.com/reports/vert07.asp.
This
116-page report is available
immediately for $3,995 (hard copy). Electronic (PDF) reports can be ordered
online.
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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founded
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1990,
is
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highly
respected
source
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telecommunications
market
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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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