Global Telecom Equipment Industry Gets New Lease of Life with Renewed Demand and Evolving Technology, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global outlook on the Telecom Equipment Industry. The global telecom equipment industry, rebuilding from the massive economic onslaught, is expected to gather renewed momentum, driven by surging demand from developing markets. Network upgrades, growing penetration of mobile phones and rising usage of Internet and broadband across the world are fast changing market dynamics.

Telecom Equipment: A Global Outlook

Follow us on LinkedIn – Today, telecommunications has become an invaluable tool for both commercial as well as personal use. The industry has come to be known as a significant sector across world economies due to its significant contribution to the socio-economic development. Developing markets such as Asia-Pacific and Latin America present tremendous opportunities for mobile communications sector in the short to medium term period, given the huge investments the markets have been witnessing in developing their mobile communications infrastructure. Like many other industries, during the 2008-09 period, the global telecom industry was hit by the recessionary storm, forcing many companies to reduce their budgetary outlays and critically re-evaluate their network operations and infrastructure. The depressed economic climate even took a toll on customers, as due to shortage of disposable income, many postponed their purchases of various telecommunication services and products, such as mobile phones. However, with world economy entering the recovery mode in 2010, expenditure on both the business and the customer fronts revived significantly.

The industry is now traversing the path of growth, owing to the launch of 3G networks in many countries globally and the rising penetration of mobile phones (including smartphones) particularly in the developing regions such as Asia-Pacific and Latin America. With rising affordability, customers are shifting from wireline to wireless services and are increasingly adopting the latest technologies available in the market. Consequently the demand for 3G and wireless broadband and mobile services is rising at a robust rate in many underpenetrated markets of the telecommunications industry. With such promising trends in the overall telecom industry, the worldwide telecom equipment industry is witnessing a positive climate characterized by new opportunities for expansion. Although the wireline voice segment is following a downward trend, the increasing growth of broadband, Internet, VAS (value added services) and cloud computing services that is straining networks and forcing operators to make big time investments, is spurring demand for a wide range of telecom equipment. In addition, triple-play’ services, comprising the convergence of Internet, phone and television signal on a single wire, is also paving the path for plentiful gains in the telecom equipment sector worldwide.

The global telecom equipment market is expected to be driven by the increasing transition from copper wire to fiber optics, particularly in the broadband segment and the deployment of LTE (Long Term Evolution) networks in many developing markets of the world. Asia-Pacific is expected to maintain its position as the leading market in the telecom equipment industry through 2015, accounting for the highest capital expenditure, mainly driven by the rapid migration from 2G to 3G and rising LTE penetration.

The research report titled “Telecom Equipment: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a rudimentary overview of the industry, highlights latest trends and demand drivers, in addition to providing statistical insights. Regional markets briefly abstracted and covered include United States, Germany, Spain, UK, Japan, China, India, South Korea, Middle East and Latin America. The report offers a compilation of recent product introductions, mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit –
http://www.strategyr.com/Telecom_Equipment_Industry_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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