Connections +
News

Report predicts telecom market will double by 2010

The worldwide telecommunications market is set for extraordinary growth, doubling from US$123 billion in 2004 to US...


March 30, 2005  


Print this page

The worldwide telecommunications market is set for extraordinary growth, doubling from US$123 billion in 2004 to US$282 billion by 2010, says Research & Markets.

Communications represents opportunity for expansion of economies, the firm says in a report released today. Internet-based communications systems, it adds, are vastly improving the efficiency of the supply chain for the largest 5000 companies worldwide.

The combination of voice, video, and data on a network makes people more efficient. More information can be communicated not in real time, but is available, as people need it. Messaging systems play a significant role in passing information asynchronously/

“The uncertainty in the telecommunications markets has been resolved,” the firm says. “Digital, IP and Ethernet will replace all other protocols.

“The convergence of networks is to IP, the Internet, Ethernet. It works seamlessly, it is reliable, it is resilient, it is fast.

“Now the issue is how fast the TDM networks will be replaced with the new technology. Wireless is everything. 3G base stations promise to coexist with WiMAX 802.16 base stations in metro environments.”

Further information is avaialable at www.researchandmarkets.com.