IDC Forecasts Fastest Growth in Wholesale and Retail Industries for U.S. Telecommunications Services.FRAMINGHAM, Mass. -- From 2004 to 2009 spending on telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. will grow the fastest within the wholesale industry, followed by retail, healthcare, and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IDC. Combined, these four vertical markets will comprise nearly 28.4% of the total spending on telecommunications services by 2009. Alone, the wholesale industry will account for 7.5% of the total market spend on telecommunications services by 2009, at $12.4 billion, with a five-year CAGR CAGR See: Compound Annual Growth Rate of 8.3%. The above average growth in telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. expenditures within the wholesale industry is driven by the need to improve sales and marketing effectiveness Marketing Effectiveness is the function of improving how marketers go to market with the goal of optimizing their marketing spend to achieve even better results for both the short-term and long-term. Also related to Marketing ROI and Return on Marketing Investment (ROMI). as wholesalers struggle against disintermediation The elimination of the distributor and/or retailer (the middleman) when making a purchase. The term is used to refer to purchasing directly from a manufacturer's Web site, the benefits of which are convenience, fast turnaround time and sometimes lower prices. in the supply chain. Retail spending is attributed to the fact that retail companies are dependent on telecommunications to accomplish core business processes, including sales and marketing, employee coordination, and supply chain management. Likewise, the competitive healthcare industry is working to improve the speed and accuracy of capturing and transmitting customer information, to improve customer-related processes. In general, there is a wide variation in spending and growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. by industry on telecommunications services, underscoring the point that "as revenue opportunities in telecommunications services mature, identifying growth opportunities in vertical markets is going to become a more critical pursuit," according to Daniel Corsetti, senior analyst with IDC's Vertical Market Research group. Overall spending on telecommunications services is expected to exceed $165.2 billion by 2009, from the $154.4 billion spent in 2004, a CAGR of 1.4%. Melanie Posey A posey can be a flower bouquet. As a surname it is of French and English origins, originating and or derived from the greek word Desposyni. People whose surname is or was Posey include:
As the first study of its kind, the U.S. Telecommunications Services 2005-2009 Forecast by Vertical Market (IDC #33560) provides an overview and five-year forecast of the telecommunications services industry. Additionally, it provides extensive analysis of the drivers influencing end-user spending on telecommunications services within seventeen vertical industries, thus underscoring opportunities for vendors and service providers to penetrate verticals providing the fastest growth and adoption rates. To purchase this document, call IDC's Sales hotline at 508-988-7988 or email sales@idc.com. About IDC IDC is the premier global market intelligence and advisory firm in the information technology and telecommunications industries. We analyze and predict technology trends so that our clients can make strategic, fact-based decisions on IT purchases and business strategy. Over 700 IDC analysts in 50 countries provide local expertise and insights on technology markets. Business executives and IT managers have relied for 40 years on our advice to make decisions that contribute to the success of their organizations. IDC is a division of IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) , the world's leading technology media, research, and events company. Additional information can be found at www.idc.com All product and company names may be trademarks or registered trademarks of their respective holders. |
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