CAMBRIDGE, Mass., Aug. 24 /PRNewswire-FirstCall/ -- The U.S. communications market will reach $406 billion in 2014 as mobile data revenue climbs to $94 billion, surpassing fixed voice (PSTN + VoIP) during the forecast period, according to the latest report from Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading Communications Network (www.lightreading.com).
Communications Markets in the United States offers a precise profile of the country's converged telecommunications, media, and technology sectors based on proprietary data from our research in the U.S. market. The 29-page report provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies such as WiMax, IPTV, and VoIP. The executive study provides a comprehensive view of the U.S. communications market by analyzing key trends, evaluating near-term opportunities and assessing upcoming risk factors. Download an excerpt of this report here: http://www.pyr.com/downloads.htm?id=18&sc=PR081409_CIRUSA
The U.S. communications market, including traditional pay-TV, generated $359 billion in service revenue in 2008 and is expected to grow at a CAGR of 2.5 percent from year-end 2009 to year-end 2014, reaching $406 billion in 2014, notes Dan Locke, Senior Analyst at Pyramid Research and author of the report. "Most of the growth will be attributed to mobile data and IP networks," Locke says. "Mobile data is already larger than fixed broadband and it will surpass fixed voice (PSTN + VoIP) in 2011, climbing from $36 billion in 2008 to $94 billion in 2014," adds Locke.
The report found additional growth will be driven mostly by IP networks because IPTV will grow from $2 billion in 2008 to $15 billion in 2014. "VoIP will grow from $8 billion in 2008 to $22 billion in 2014 and fixed broadband will grow from $33 billion in 2008 to about $46 billion in 2014," continues Locke. "The decline of the PSTN voice revenue will result from the substitution of voice platforms both as fixed operators migrate customers to all-IP voice platforms and as consumers opt for mobile voice platforms, which also will eventually turn to IP," he adds.
"Mobile broadband will be a further source for growth for the U.S. telecom market due to growing popularity of unlimited data and mobile broadband plans," says Locke. The report also states that revenue related to mobile broadband access for laptops and Internet access for handsets will grow rapidly at CAGRs of 28 percent and 18 percent, respectively, from 2009 to 2014.
Communications Markets in the United States is part of Pyramid Research's North America Country Intelligence Report Series. Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments, and competitive dynamics for 60 countries worldwide. Download an excerpt of this report here: http://www.pyr.com/downloads.htm?id=18&sc=PR081409_CIRUSA. Communications Markets in the United States is priced at $990 and can be purchased online here: http://www.pyramidresearch.com/store/CIRUNITEDSTATES.htm?sc=PR082409_CIRUSA or through Amalia Vega via email at firstname.lastname@example.org or telephone at +1 809 330 4520.
About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries-a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (www.lightreading.com) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, and Optical Expo, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.
*13.3 million business decision-makers: based on number of monthly connections
About United Business Media Limited
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists - with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com.
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SOURCE Pyramid Research