|[March 16, 2012]
TIA ICT Market Review & Forecast Says Smartphones, Tablets and the Cloud Will Drive U.S. Network Infrastructure Spending to $300 Billion by 2015
WASHINGTON --(Business Wire)--
The Telecommunications Industry Association (News - Alert) (TIA) today released its
2012 ICT Market Review & Forecast (MR&F). The MR&F provides the ICT
industry's most comprehensive, trusted data review, with forecasts
Many findings from the report focus on the impact of the growth of
smartphones and tablets, cloud-related services and video streaming.
These devices and services are driving dramatic traffic surges and
demanding increased network infrastructure investment.
TIA's (News - Alert) President Grant Seiffert said, "The rapid advance of smart phones,
cloud services and video is placing an enormous demand on the network.
These devices and services are essential for consumers and have become
critical for businesses. Companies supporting both wired and wireless
networks are expected to spend 41 percent more in the next four years
than in the previous four years. And this technology generates jobs
across American industries."
Key facts include:
Global Internet traffic will quadruple by 2015;
In five years, mobile broadband traffic will be 35 times current
U.S. spending on wieless and wired network infrastructure will grow
to $296 billion by 2015;
The Middle East/Africa region will have 10 percent growth in telecom
spending through 2015, followed by Asia Pacific at 9.5 percent and
Latin America at 7.5 percent.
Spending on U.S. IT-based cloud computing will be the fastest-growing
The MR&F identifies 2013 as a pivotal year in the evolution of wireless
communications -predicting that, for the first time, consumers will
spend more on wireless data than on wireless voice services.
TIA's annual MR&F analyzes a wide range of data, weighing economic,
technology and policy drivers, with specific data on industry segments,
including wireless data, wireline data, conferencing services, wired
internet access, network equipment and more.
Order the report at tiaonline.org.
For more on MR&F, watch an in-depth roundtable discussion on tianow.org.
The Telecommunications Industry Association (TIA) represents the
manufacturers and suppliers of global communications networks through
standards development, policy and advocacy, business opportunities,
market intelligence, and events and networking. Visit tiaonline.org.
Join TIA at its annual Member Meeting, Conference and Exhibition, TIA
2012: Inside the Network, June 5-7, 2012 in Dallas. For details,
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