Skip to main content

Telco Transformation, Growth & Convergence

Research and Markets latest telecommunications and networks report ranks and profiles the major players in the global telecoms industry. This report provides insights into the dynamics, trends and technologies that are shaping today's telecommunications market; growth estimates for the telecoms industry are predicted to be around 5-7 percent per year with total revenue reaching $2.2 trillion in 2010.

As the provision of traditional voice services becomes saturated, data services providing high-speed access to the Internet, emails and the intranet will drive industry growth in future. With over 1.8 billion wireless subscribers around the world at the beginning of 2006, it is estimated that by the end of the year, wireless revenue will account for over half of all telecommunications industry revenue by 2010. The convergence of fixed and wireless services is resulting in strong M&A activity in the telecoms industry, particularly in the U.S.

In Europe, even though many of the incumbent's competitors are international and operate across borders, individual operating units are usually country-specific and tend to have substantial autonomy. The countries of Eastern Europe, particularly those that have recently joined the EU, are becoming rapidly integrated into the economy of Western Europe.

The North American telecoms industry has been undergoing bouts of consolidation over the last five years, with the market increasingly controlled by a handful of large providers. Latin America is seeing considerable growth in mobile and Internet services, with Argentina, Brazil and Mexico accounting for 90 percent of the market.

Popular posts from this blog

Open Banking Usage to Grow by 470 Percent

The Open Banking business model has been advantageous for Third-Party Providers (TPPs), helping them to extend their offerings into other areas of financial services with new capabilities. Open Banking is also advantageous for traditional banking institutions, despite the perceived loss of custodianship over their data, by providing greater accessibility to more bank services. Furthermore, Open Banking can help serve Mobile Internet providers that are able to leverage it to create tailored services according to customers’ preferences and/or economic limitations. Open Banking Market Development Since traditional banking services are made more convenient by TPPs via greater data access, customers can proactively manage their finances and shape the development of new financial offerings. This is particularly noticeable in the realm of Digital Payments, where retail merchants and customers transact through eCommerce, which has the greatest number of use cases for Open Banking. These includ

Global Digital Business and IT Consulting Outlook

Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth

Mobile Device Market Still Awaiting Recovery

The mobile devices market has experienced three years of unpredictable demand. The global pandemic, geopolitical pressures, supply chain issues, and macroeconomic headwinds have hindered the sector's consistent growth potential. This extremely challenging environment has dramatically affected both demand and supply chains. It has led to subsequent inflationary pressures, leading to a worsening global cost of living crisis suppressing growth and confidence in the sector. In tandem, mobile device industry stakeholders have become more cautious triggering market uncertainties. Mobile Device Market Development Operating under such a backdrop, the development of mobile device ecosystems and vendor landscapes have been impacted severely. Many of these market pressures persisted throughout 2022 and now into 2023, borne chiefly by the smartphone market. According to the latest worldwide market study by ABI Research, worldwide smartphone shipments in 2022 declined 9.6 percent Year-over-Year