Telecom Industry on Target to Reach $1.3 Trillion In Revenue


According to a new 2007 Industry Review study from Boonton, New Jersey-based Insight Research Corp., the worldwide telecom industry is in a strong growth mode, and overall industry revenue is expected to climbs to $1.3 Trillion in 2007.

According to the study, strong growth in wireless is leading the way as wireless service revenues are expected to grow at a compounded rate of nearly 10 percent over the next few years, while wireline service revenues grow much more modestly at two percent. 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 60 percent over the forecast period, while wireline services grow at 10 percent over the same forecast horizon.

“The 2007 Industry Review 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, 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, fixed-mobile convergence, 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.

“According to Insight Research president Robert Rosenberg, the telecommunications industry has fully recovered from the malaise of the past few years and is again in a growth mode as it ramps up to build the broadband networks that will provide new service types. “But even with the build-outs going full steam ahead, the overall revenue contribution from these new IP services is expected to be modest. Voice still rules, and will for some time to come.

An excerpt, table of contents, and ordering information for the 279-page report are available online here.
| 0 TrackBacks

Listed below are links to sites that reference Telecom Industry on Target to Reach $1.3 Trillion In Revenue:

Telecom Industry on Target to Reach $1.3 Trillion In Revenue TrackBack URL : http://blog.tmcnet.com/mt/mt-tb.cgi/30710

Around TMCnet:

Recent Comments

  • JuddyB: I agree with you 110% ! I was at Crown read more
  • Meridian Electric: it will be very much useful for all. read more
  • adapter: If you need a new battery or adaper, I suggest read more
  • VoIPMan: hey, I like your profile. Please check out my blog read more
  • Jason: I found your post when googling for Skype Spam (looks read more
  • AG: Very complete. I kind of like that. Its nice to read more
  • Elij: Hi its interesting to go through your site which really read more
  • B: Currently running Vista on 2 PC's, my development laptop at read more
  • Michael Caspar: Couldn't agree with you more about the CFL pricing for read more
  • Helpful Guy: You will find reasonably priced ones at IKEA read more

Subscribe to Blog

Blogroll

Recent Entry Images

Around TMCnet Blogs

Latest Whitepapers

TMCnet Videos