Worldwide Telecommunications Industry Revenue to Reach $2.7 Trillion by 2017, says Insight Research Corp.
MOUNTAIN LAKES, N.J., Jan. 3, 2012 (SEND2PRESS NEWSWIRE) — The global telecommunications industry continues to expand as spending by consumers and businesses for wireless services fuels industry revenue growth, says a new market analysis report from The Insight Research Corporation. According to the new industry market study, telecommunications services revenue on a worldwide basis will grow from $2.1 trillion in 2012 to $2.7 trillion in 2017 at a combined average growth rate of 5.3 percent.