This article was originally distributed via PRWeb. PRWeb, WorldNow and this Site make no warranties or representations in connection therewith.
Lucintel’s Analysis Outlines Moderate Growth for Global Wireline Telecommunication Industry: Market to Reach US $673 Billion in 2017
Irving, Texas (PRWEB) June 23, 2012
The global wireline telecommunication services market is expected to witness moderate growth over the forecast period of 2012-2017 and reach an estimated US $673 billion in 2017 with a CAGR of 2.2% over the next five years.
Lucintel, a leading global management consulting and market research firm, has analyzed the global wireline services industry and presents its findings in “Global Wireline Telecommunication Services Industry 2012-2017: Trend, Profit and Forecast Analysis.”
The wireline telecommunication industry consists of voice telephony and other non-voice information transmission using fixed lines rather than wireless systems.The services and products include voice, broadband video and data and network access. The industry is consolidated both in terms of key players and suppliers. The European region currently dominates this market.
The wireline telecommunication services market witnessed slow growth during the last five years due to reduced usage and consumers’ switchover to alternate technologies, such as wireless and VoIP (Voice over Internet Protocol).The Asia Pacific (APAC) region grew the fastest during the last five years, followed by Rest of the World (ROW)and North America. Advanced digital modulation technologies and fiber extensions to support next-generation data and video services were growth drivers. APAC is expected to witness strong subscriber growth due to increasing numbers of subscribers in China and India.
Declining demand for telephone lines and wireless technology are some of the challenges facing the industry. Technological improvements and liberalization of the international wireline telecommunications services and IP technology are likely to boost the wireline telecommunication industry.
Lucintel’s study provides an overview of the global wireline telecommunication services market. The report tracks two market segment for four regions; thus, it tracks eight segments of the global wireline telecommunication services market. The report is limited to wireline telecommunication services including landline, other information transmission through fixed lines including local and long-distance voice, switched access, IP, and Internet access.
For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/6/prweb9622812.htm