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Business Telecommunications Spending Will Hit
$146 Billion in 2010, says Insight Research Corp.
press
release
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Report
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Market
Segmentation
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BOONTON, NJ.
March 2, 2010:
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Recent
Reports
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Despite slowdowns and spending
cuts in many industries, overall spending by all US businesses on wired and
cellular calling is forecasted to exhibit modest growth over the next five
years, says a new market research report from Insight Research. The study
predicts that cellular calling will account for nearly 44 percent of the US
corporate phone bill for telecommunication services in 2010, and is the only
enterprise market segment showing substantial growth.
Insight’s newly released market
analysis report, Telecom Services in Vertical Markets, 2009-2014 reveals that wireless
service revenues are expected to grow at a compounded rate of nearly 18.4
percent annually from 2009 to 2014, 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. 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.
“The year 2009 was all
about cut backs and retrenchment in every industry sector we examined,” says
Robert Rosenberg, President of Insight. “However, it is continued demand for
wireless services that will keep the telecom industry in the black over the next
five years—and
that demand is going to be uneven across the various business sectors,”
Rosenberg concludes.
An excerpt of this market
research report, table of contents, and ordering information are available
online
http://www.insight-corp.com/reports/vert09.asp This 115-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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Private Line &
Wavelength Services |
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2010 Telecom
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Rural vs. Urban
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Insight
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founded
in
1990,
is
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highly
respected
source
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telecommunications
market
research
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
Research,
