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Report: Global Services World Is Flat

The global telecom services sector will "experience almost flat growth in 2009," and will increase in value by only 1 percent year-on-year to $1.4 trillion, according to a forecast from Pyramid Research . (See LR Buys Pyramid.)

In a new report, "Global Telecom Services Revenue Forecast 2008-2013: Emerging Market Opportunities," the Pyramid team notes that the market should recover and experience more robust growth in 2010, "driven by a combination of factors such as the increased availability of multiplay bundles as well as versatile and competitively priced devices, from handsets to laptops." (See Pyramid Predicts.)

Emerging markets offer hope for the global telecom services sector. The Pyramid researchers note that global mobile penetration currently stands at about 60 percent, but that, led by growth in China and India particularly, should increase to 84 percent by 2013, adding 829 million mobile subscriptions between them from 2009 to 2013.

In India alone, mobile operators activated more than 113 million new lines in 2008, according to just released statistics. (See IndiaWatch: Mobile Nears 347M Subs.)

Other regions will also boost global growth during the next five years, according to Pyramid's forecast. Operators in the Middle East and Latin America will "benefit from the new wave of value-added services over their recently deployed 3G mobile networks," while in 2009, "regional telecom service revenue in Central and Eastern Europe, Asia-Pacific, Africa and Middle East will see about 7 percent year-on-year growth," notes the Pyramid team.

— Ray Le Maistre, International News Editor, Light Reading

Services Revenue Forecast 2008-2013: Emerging Market Opportunities" is part of Pyramid Research's Global Market Perspective report series. Event-driven and packed with pointed analysis, Perspectives offer objective insight into trends revealed in Pyramid Research's Forecast products, covering nearly 100 markets around the globe. For more details on this Perspective, click on this link.

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