TIA market forecast projects rising telecom sales through 2020
July 10, 2008 -- The Telecommunications Industry Association (TIA) projects that global telecommunications revenue will reach nearly $5 trillion by 2011. The forecast comes from a series of reports to be produced by the TIA in conjunction with the market analysis firm TelecomView that will define best practices for service providers through the year 2020.
July 10, 2008 -- The Telecommunications Industry Association (TIA) projects that global telecommunications revenue will reach nearly $5 trillion by 2011, with growing demand for high-volume data applications driving both business and consumer markets. This and other trends will be addressed through a new initiative by TIA to produce market intelligence for companies in the information and communications technology (ICT) industry.
The TIA is working with TelecomView (www.telecomview.info), a strategic analysis firm for the telecom industry, to create a series of reports, dubbed ICT2020, beginning with a brief expected in the fall of 2008 and a full forecast in early 2009.
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. The analysis will detail 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.
"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," comments 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."
"We're excited to provide this service to TIA and its constituents," adds 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."
For more information, go to www.tiaonline.org.