U.S. and World Newswire
:
Business
:
Reports and Studies
News
Worldwide Telecom Industry Growing Ten Percent Annually, Revenues Expected to Reach $2.7 Trillion by 2013, says Insight Research Corp.
Published: Wed, 14 Nov 2007, 08:13:08 EDT
BOONTON, N.J. - Nov. 14 (SEND2PRESS NEWSWIRE) -- Global telecommunications industry services revenue will reach $1.7 trillion by the close of 2008, 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, overall telecommunications services revenues are expected to grow at a compounded rate of nearly 10.3 percent over the next few years, reaching $2.7 trillion by 2013.
 Wireless makes the strongest showing across all sectors while wire line follows a distant second. 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 70 percent over the forecast period, while wire line broadband services grow at under 10 percent over the same forecast horizon.
"The 2008 Industry Review, an Anthology of 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 (FMC), 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, FMC, 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 study highlights the use of outsourcing by carriers as a major factor in the return to profitability.
"The telecommunications industry is growing, and broadband networking that will be deployed to facilitate new service offers is leading the way," says Insight president Robert Rosenberg.
An excerpt, table of contents, and ordering information for this market research study of the global telecommunications industry are available online at
www.insight-corp.com/reports/review08.asp.
This 299 page report is available immediately for $1,195(hard copy). Electronic (PDF) reports can also be ordered online. Visit our Website, or call 973-541-9600 for details.
NEWS SOURCE: Insight Research Corporation
Send2Press® is the originating wire service for this story.
» Read More Reports and Studies News
» Other Send2Press Industry News by Category
More Information and Media Contact:
For questions about this story, contact the news source:
»
Click Here for Contact Information
THE CONTENT OF THE ABOVE NEWS STORY WAS PROVIDED BY THE NEWS SOURCE WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS ABOUT THIS STORY CONTACT THE NEWS SOURCE AND NOT SEND2PRESS (THIS WEBSITE).
O T H E R R E S O U R C E S
T E R M S O F U S E
This article is Copr. © 1983-2008 Neotrope / Send2Press. Reproduction of this news article version requires written authorization. You may freely link to this article. Journalists (see the section "Journalist Resources" above) may use orig. news release as the basis for an article.
News Websites may republish the "news release" text version linked to above under "Journalist Resources" except must retain "Send2Press Newswire" as the source of this news if used verbatim. Websites which offer/sell PR or newswire services, or web promotion services, or "splogs" may NOT reprint our content in ANY form. Send2Press Newswire is a service mark of, and "Send2Press" is a registered trademark of, Neotrope. Creative Commons - Some Rights Reserved (3.0) - Attribution Required.
DISCLAIMER: the above article is believed accurate but not guaranteed, and is based on business news supplied by the source (Insight Research Corporation). The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.
REFERENCES: Worldwide Telecom Industry Growing Ten Percent Annually, Revenues Expected to Reach $2.7 Trillion by 2013, says Insight Research Corp., Insight Research Corp, Corporation, The 2008 Industry Review, an Anthology of Market Facts and Forecasts, Global telecommunications industry services revenue, Robert Rosenberg, market research study, telecom study, New Jersey, Nov 14, 2007.
VIEWED BY MEDIA (and public): 1117 times (3 today, 3 this week,
26 this month, 863 this year)
| The Telecommunications Industry Stands to Make $1 Trillion over Five Years Promoting Environmental Improvements, says Insight Research |
| Optical Networking Equipment Sales to Top $120 Billion Over Five Years, Says Insight Research Corp. |
| Healthcare Industry Spending on Telecommunications Services Hits $55 Billion Over Next Five Years, says Insight Research |
| Business Leaders Expect No Growth from the Private Equity Market Over the Next 12 Months, Shows New Research |
| Hispanics and Other Ethnic Markets Will Spend $60 Billion on Telecommunications, says Insight Research |
| IPTV, Streaming Movie and Music Industry Will Generate $70 Billion Over Six Years, says Insight Research |
| Eularis Exposes Hidden Barriers to Patient Adherence with New Pharmaceutical Industry Report |
| Petrobras World's Most Sustainable Oil/Gas Company 2008 |
| Corporate Phone Bill Will Hit $133 Billion in 2008, Says Insight Research |
| New Copper Bonding Products for Telecommunications Will Grow Carrier Ethernet and Wireless Backhaul Markets Worldwide, Says Insight Research Corporation |
| Ballantine Corporation Releases Direct Mail Format Report |
| Telecom IT Spending to Exceed $46 Billion in 2008, says Insight Research Corp. |
| New Report Examines Pharmaceutical Sales Force Effectiveness |
| Spending on Managed Services Increasing As Enterprises Turn to Outsourcing to Handle Complexity, Says Insight Research |
| Worldwide Telecom Industry Growing Ten Percent Annually, Revenues Expected to Reach $2.7 Trillion by 2013, says Insight Research Corp. |
| Ballantine Corporation Releases Holiday 2007 Direct Marketing Industry Report |
| Falling Home Prices Cause Homeowners to Focus on Cost Savings When Remodeling |
| Subscribers to Telecommunication Services Continues Growing in 2007, Says Insight Research |
| Eularis Releases Update of Its Comprehensive Report on Maximizing the Bottom Line in Pharmaceutical Marketing |
| Residential Phone Customers' Move to Cable Calling Means Phone Companies Lose $8 Billion Over Five Years, Says Insight Research Corp. |
| Service Providers Cut Application Connectivity CAPEX / OPEX Using Application Session Controllers, says Insight Research White Paper |
| Consumers Adopting Dual Mode Phones for Fixed Mobile Convergence While Enterprises Lag Behind, says Insight Research |
| Peer-to-Peer and File Sharing Services Revenue Will Reach $28 Billion Over Five Years, Says Insight Research Corp. |
| Wireless Backhaul Driving Demand for Private Line Services, Says Insight Research Corporation |
| Presence-Based Services Including Instant Messaging and Push to Talk Will Reach Nearly $23 Billion in 2007, Says Insight Research Corp. |
» View All News Channels
» Press Release Services
» Send2Press Home Page
|
|
|
|
|
Subscribe in a reader
PLAIN TEXT FORMAT (UTF-8)
PDF FORMAT
