Research firm Hot Telecom announced the publication of the 5th release of the 'Global Telecom Market Status and Forecast' report. The 83-page report reviews the world telecom market, its trends and drivers, and includes brand new current analysis and 5-year projections of revenues, number of subscribers, penetration, growth, region-by-region for the fixed, mobile, Internet and broadband sectors.
This report also gives insights on the world's top 20 operators in terms of revenue, the top 10 equipment vendors, as well as the top 20 countries in the fixed, mobile, Internet and broadband markets.
Some of the key findings of the report includes:
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Global telecom services revenue reached US$1.9 trillion in 2010, representing a 4.5% yearly increase.Telecom service revenue growth is projected to slow to a five-year compound annual growth rate (CAGR) of 2.5% and revenue is expected to reach US$2.1 trillion in 2015.
- Mobile should remain one of the main drivers of growth in customer numbers over the next 5 years, after broadband. The number of mobile subscribers rose by 14.2% in 2010 to reach 5.23 billion customers. At that time, mobile penetration stood at 77.4%..
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Western Europe and North America are forecasted to lose ground in terms of their shares of world subscribers in all sectors by the end of 2015. They will suffer from negative growth in the fixed segment and both should see minimal expansion in the mobile market (1.1% and 2.5% for Western Europe and North America respectively) over the next 5 years.
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Russia and India were the two fastest growing fixed broadband markets of the top 20 in 2010 with growth rates of 33.6% and 39.6% respectively. India is forecasted to continue to grow at a CAGR of 17.0% over the next 5 years, bringing its number of broadband connections to 23.8 million by the end of 2015.
For more information go to: http://www.hottelecom.com/telecom-market-forecast.html
