Corporate Telecommunications Spending to Hit $140 Billion in 2009, Says INSIGHT Research

| From

BOONTON, N.J., Dec. 11 (SEND2PRESS NEWSWIRE) -- Despite slowdowns and spending cuts in many industries, overall spending by all U.S. businesses on wired and cellular calling is forecasted to reach nearly $140 billion by the close of 2009, says a new market research report from INSIGHT Research. The study predicts that cellular calling will account for just over 41 percent of the U.S. corporate phone bill for telecommunication services in 2009, and is the fastest growing expense area.

insight ResearchINSIGHT's newly released market analysis report, Telecom Services in Vertical Markets 2008-2013, reveals that wireless service revenues are expected to grow at a compounded rate of nearly 16 percent annually from 2008 to 2013, 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.

"Even without the current recession, revenue growth in wireline services was not forecasted," says Robert Rosenberg, President of INSIGHT. "It is continued demand for wireless services that is keeping the telecom industry in the black, though 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 at:

This 114-page report is available immediately for $3,995 (hard copy). Electronic (PDF) reports can be ordered online.

News Source:
Like, Share, Save this press release:
  TWEET   SHARE   G+   STUMBLE   LinkedIn   Instapaper   Buffer

The content of the above press release was provided by the “news source” (INSIGHT Research Corp) or authorized agency, who is solely responsible for its accuracy. Send2Press® is the originating wire service for this story and content is Copr. © 2008 INSIGHT Research Corp with newswire version Copr. © 2008 Send2Press (a service of Neotrope). All trademarks acknowledged.

Rights granted for reproduction by any legitimate news organization. However, if news is cloned/scraped verbatim, then original attribution must be maintained with link back to this page as “original syndication source.” Resale of this content for commercial purposes is prohibited without a license. Reproduction on any site selling a competitive service is also prohibited. Information is believed accurate, as provided by news source or authorized agency, however is not guaranteed, and you assume all risk for use of any information found herein/hereupon. This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.
STORY READS for this single page only, as of Oct 27 2016:
[ count retired 8.4.16 ]

back to top
REFERENCES: telecom market analysis report, INSIGHT Research Corp, INSIGHT Research Corp, Telecom Services in Vertical Markets 2008-2013, telecomm market analysis report, Robert Rosenberg, wireless service, spending by all US businesses on wired and cellular calling, news, press release from INSIGHT Research Corp, Dec 11, 2008, Telecommunications and VoIP, , , , , Corporate Telecommunications Spending to Hit $140 Billion in 2009, Says INSIGHT Research