Global Telecom Services Market to Reach US$1.8 Trillion by 2015, 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 Services Industry. The world telecom services industry is back on the growth trajectory buoyed by resurgent demand from Asian economies, renewed infrastructure development, and the rising demand for next generation services. The orientation of the industry is shifting from fixed-line to mobile networks, and from conventional voice services to data based and value added services.

Telecom Services: A Global Outlook

Follow us on LinkedIn – The telecommunications industry is recognized as a major infrastructure sector in both the developed and emerging nations. The world telecommunications industry now covers a number of technology-enhanced businesses. The global telecom sector is evolving dynamically due to the ever increasing penetration of communication services; and the merger of information and communication services such as mobile and fixed-line telephony, Internet and broadband access, as well as pay TV broadcasting. Next generation network standards are evolving aiming at quicker data connectivity, fast and high resolution video streaming and applications with rich multimedia.

The focus of the worldwide telecom services industry is shifting from the legacy of long-distance and local voice call services to data and video services. Telecommunications industry now includes Internet services, wireless communications, cable TV systems, satellite communications and fiber optics networks. Global mobile service penetration reached 90% with the rural average touching 80%. While Asia and Europe are very close in terms of revenue generation, the Asian telecom industry is far ahead of US and European markets in terms of the fast-expanding subscriber base driven by mobile communications. However, European and US network operators enjoy higher average revenue per user (ARPU) compared to their Asian counterparts. Overall, the Asian telecom services sector is anticipated to overtake Europe in terms of revenue generation in the near future.

While global fixed-line broadband subscriptions increased significantly in the recent years, the rate of penetration in developing countries remains miniscule in comparison to that of developed countries. Emerging countries in the Asia-Pacific, Latin America and Middle East and Africa regions are expected to be the main geographical growth drivers for the global broadband services segment. The growing popularity of smart phones, tablet PCs, eReaders, netbooks and other portable devices is driving the exponential growth of mobile broadband subscription and data services. The migration of consumers from 2G to 3G networks is picking up pace with the spread of the service improving dramatically over the last two years. Norway, Sweden and Ukraine are among countries that joined the United States in offering advanced ultra-high-speed 4G services. The pace of growth of mobile services in developing countries is increasing each year, while that in the developed countries is beginning to slacken due to the high penetration in those regions.

The research report titled “Telecom Services: 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 bird’s eye view of the structure of the global Telecommunications Industry, and provides special primers on mobile communication, the wireless era, the opportunities boded by the liberalization of telecommunication services. Market sectors briefly summarized include Wireless Communication, Mobile Messaging, Data Transmission Services, Mobile Telephone Services, CDMA Cellular Telephone Services, GSM Services, Broadband Fixed Wireless Access Services and Residential Fixed-Wireline Communications, among others. The report offers a rudimentary overview of the industry, highlights latest trends and demand drivers, in addition to providing statistical insights. The US market is quantitatively analyzed with information rich tables designed to provide the reader a statistical insight into the market. Other regional markets synopsized and researched include Canada, Mexico, Japan, Germany, UK, Eastern Europe, Western Europe, China, India, South Korea, Thailand, Latin America, Brazil, Middle East and Africa, among others. The report offers a compilation of recent 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_Services_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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