The global
telecommunications industry showed modest growth in 2004, and the growth
of its revenue is expected to continue into 2005, says a new market
analysis report from Insight
Research. According to the study, worldwide telecommunications services
revenue is expected to grow at a compounded annual rate of 5.9 percent
from 2005 to 2010, which reflects the level of sustainable growth enjoyed
by the telecom segment prior to the technology bubble of the late 1990s.
While the past
few years were brutal for the telecommunications industry, The 2005
Telecom Industry Review: An Anthology of Market Facts and Forecasts
predicts that worldwide telecommunications industry services revenue will
grow from $1.1 trillion in 2005 to $1.5 trillion in 2010, bringing an end
to the industry slump. The study notes that telecommunications revenue
will be uneven, with North America showing the lowest and Asia-Pacific the
highest rate of revenue growth. The study highlights rapidly growing
industry segments such as VoIP, WiFi and streaming media, technological
innovations in fiber optics, DWDM and WDM. The market report also looks
at changes in telecommunications buying patterns among enterprises that
purchase 800 number services, IP PBXs and IP Centrex, and private lines.
“The malaise of
the past few years is finally beginning to dissipate, and while we see a
return to historic levels of growth industry-wide, we anticipate that
growth will be uneven across various geographic regions and product
types,” says Insight Research
president Robert Rosenberg. “Asia-Pacific and Latin-America Caribbean are
forecasted to enjoy the fastest overall broadband growth while North
America and Europe lag. Wireless communications will continue to displace
wireline communications for voice calling—and as the number of wireless
2.5G and 3G data services increases, wireless will continue to squeeze
traditional land line calling,” Rosenberg concluded.
Insight’s 2005 Telecom Industry Review examines
targeted areas of the telecommunications market, including:
·
telecommunications
industry market trends;
·
network
infrastructure;
·
broadband, narrowband,
and wireless access;
·
network support;
·
telecom services; and
·
enterprise markets.
The 2005
Telecom Industry Review: An Anthology of Market Facts and Forecasts is
a sourcebook of the current conditions in the industry, providing analysis
of more than a dozen infrastructure and service segments. From
fundamental background issues to detailed five-year forecasts accompanied
by practical strategic advice,
Insight Research provides a sweeping, single-source assessment of
the telecom marketplace. A free report excerpt, table of contents, and
ordering information is online at
http://www.insight-corp.com/review05.asp.
This 258-page report is available immediately for $995 (hard copy). Adobe
Acrobat (PDF) report licenses are also offered. Visit our Web page above
or call (973) 541-9600 for details.
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Grid Computing: A Vertical Market Perspective
2005-2010 |
Telecom
Market
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