Worldwide telecom industry to grow in 2005: Insight Research
The growth of revenues in the global telecommunications industry is expected to grow at a compound annual rate of 5.9% from 2005 to 2010, according to a new market analysis report from Insight Research. The report notes that the level of sustainable growth enjoyed by the telecom segment prior to the technology bubble of the late 1990s. The report, The 2005 Telecom Industry Review: An Anthology of Market Facts and Forecasts, predicts that worldwide telecommunications industry services revenue will grow from $1.1 trillion in 2005 to $1.5 trillion in 2010. The study also noted that the growth will be uneven, with North America showing the lowest and Asia-Pacific the highest rate of revenue growth.