CLEVELAND, June 19, 2017 /PRNewswire/ -- US telecommunication service revenues are forecast to reach $734 billion in 2021, according toTelecommunication Services: United States , a report recently released by Freedonia Focus Reports. Revenues from telecommunication resellers, the fastest-growing service segment, will benefit from the competitive pricing of cell phone plans from resellers compared with plans from major service providers.
Service bundling will drive overall growth, as consumers are motivated to purchase more options when individual services are offered at a discounted rate. However, bundling suppresses the price of services offered, limiting further gains. Additional growth will also be prevented by contraction in the number of landline connections.
These and other key insights are featured in Telecommunication Services: United States. This report forecasts US telecommunication service revenues in US dollars to 2021. Total revenues are segmented by mode of service in terms of:
- other services, such as non-broadband internet
To illustrate historical trends, total revenues and the various segments are provided in annual series from 2006 to 2016.
More information about the report is available at
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Services & Industries reports can be purchased at www.freedoniafocusreports.com or marketresearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-telecommunication-service-revenues-to-reach-734-billion-in-2021-300475975.html
SOURCE The Freedonia Group