The global wireline telecommunication services market is expected to grow moderately and reach an estimated US $673billion in 2017 with a CAGR of 2.2% over the next five years (2012-2017). The market is forecast to witness increased fixed data revenue growth in developing economies such as India, China, and Brazil.
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.
As Lucintel’s study indicates,Asia Pacific (APAC) is forecast to havegood growth in 2012 mainly driven by expandingregional economiesand increased government spending in Asian countries.APAC is expected to witness strong subscriber growth, especially due to the increasing numbers of subscribers in China and India.APAC region grew maximum during last five years (2006-2011) followed by ROW and North America, driven by advanced digital modulation technologies and fiber extensions to support next-generation data and video services.
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 telecommunicationindustry.
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. The scope of this study is limited to annual trends for the last five years (2006-2011) and forecasts for the next fiveyears (2012-2017).
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