Global Telecommunications Revenue Almost $5 Trillion by 2011

By 2011, global telecommunications revenue is estimated to hit close to $5 trillion, with the growing demand for high-volume data applications driving both business and consumer markets. This and other revealing trends will be addressed through TIA’s (News - Alert) important new initiative to produce unique market intelligence for companies in the information and communications technology (ICT) industry.

 

The Telecommunications Industry Association (News - Alert) (TIA) announced today that it is working with TelecomView, a strategic analysis firm for the telecommunications industry, to create the ICT2020 series of reports, beginning with a Brief expected in the Fall of 2008 and a full Forecast in February 2009.

 

“As the leading association representing the ICT industry, TIA will continue to provide critical market intelligence so that companies can make well-founded strategic decisions,” said TIA President, Grant Seiffert.

 

“As the industry addresses its transition to converged voice/data and converged fixed/mobile networks that support content and communications services, the ICT2020 reports will move beyond today into a comprehensive view of technology in the year 2020,” added Seiffert.

 

In November 2008, TIA will publish the ICT2020 Brief that will define the best practices for service providers in the year 2020, and will give examples of companies today that have already made significant progress along this path. The ICT2020 Analysis will be published in February 2009 and will provide a wide analysis of the progress being made toward the standard defined in the ICT2020 Brief. TIA will offer a variety of options to companies wishing to subscribe to portions of the information or to the entire package. In addition, TIA will provide information online and in searchable formats, as well as through a series of Webinars.

 

“We’re excited to provide this service to TIA and its constituents,” said Bob Larribeau, principal analyst and co-founder of TelecomView. “As the coming decade sees telecom operators moving away from a focus on technologies to a focus on services, this will significantly change how services are defined and delivered and require new technologies and architectures.”

 

Operating for 84 years, the Telecommunications Industry Association (TIA) represents the global information and communications technology (ICT) industry through standards development, advocacy, business opportunities, market intelligence and worldwide environmental regulatory analysis. Thousands of companies and individuals work through TIA to enhance the business environment for telecommunications, broadband, mobile wireless, information technology, networks, cable, satellite, unified communications, emergency communications and the greening of technology. TIA is accredited by the American National Standards Institute (ANSI).

 

TelecomView provides strategic analysis of the telecommunications industry in its reports or through private consulting engagements. It focuses on the needs of service providers, manufacturers, and investors concerned about wireline and wireless access switching and routing technologies and markets.