PUNE, India, June 20, 2016 /PRNewswire/ --
MarketReportsStore.com adds Telecom Industry Business Outlook and Procurement Report May-October 2016 market research of 47 pages, published in June 2016, to the Telecom intelligence collection of its store.
Amid growing pricing pressure, cost containment, and rising competition within the telecom industry, companies are planning to increase their focus on business expansion in existing market, new product development, and improving operational efficiency. Mergers and acquisitions are expected to increase within the telecom industry with emerging markets such as China, India, and Mexico offering prominent growth opportunities. Additionally, global telecom industry business executives from large companies expect a surge in capital expenditure on IT infrastructure development and new product development over the next six months. Complete report is now available at http://marketreportsstore.com/telecom-industry-business-outlook-and-procurement-report-may-october-2016/
Expand into existing markets and new product developments are major priorities for telecom industry operators and suppliers during May-October 2016, Developed markets such as the US, the UK, and Germany are identified as important markets for growth over the next six months by telecom industry executives, Capital expenditure on new product development and IT infrastructure development will increase over the next six months, Internal operating cost reductions and increased use of technology are the main procurement objectives for organizations over the next six months, Overall, 25% of executives expect a decrease in supplier prices, while 29% expect an increase, and 34% expect no change over the next six months.
Key business priorities: examines the telecom companies' important priorities for May-October 2016, Emerging and developed markets: provides information about key emerging and developed markets, which will offer most growth over next six months. Change in MandA activity: analyzes telecom industry executives' opinion on changes in merger and acquisition activity globally, Business concerns: identifies major business concerns that are likely to impact manufacturers and suppliers. Change in capital expenditure: tracks the expected change in capital expenditure both globally and regionally, Change in procurement activities: evaluates how procurement activities will change in the telecom industry over the next six months. Procurement budget outlook: projects procurement budget allocation along with changes in procurement expenditure over May-October 2016, Supplier prices outlook: determines the expected change in supplier prices over May-October 2016. E-procurement: identifies executive's perspective towards e-procurement within the telecom industry. Highlights key business priorities thus helping telecom companies to realign business strategy. Develop or adjust business expansion plans by using significant growth offering emerging and developed markets. Make changes in procurement budget allocations through procurement budget projections anticipated by executives for May-October 2016. Implement effective price management by viewing supplier price variations highlighted for next six months. Order a copy of this report at http://marketreportsstore.com/purchase?rname=48953
On a related note, Telecom Business Confidence Report: H1 2016 report says that an increasing number of respondents state that the current economic conditions are stable and the future outlook remains positive in anticipation of trends such as significant growth prospects in India due to increasing consumer spending and lower commodity prices, and robust growth in the US due to rise in labor markets and favorable monetary policies. Moreover, respondents expressed positive change in customer confidence within the telecom industry over the next six months, due to projected growth momentum for Big Data analytics, digitization, and mobile Internet in 2016, and intense growth in smart phone device sales with 3G and 4G services. Over the next six months the industry will increase its expenditure towards new product development and mergers and acquisitions. Read more at http://marketreportsstore.com/telecom-business-confidence-report-h1-2016/
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