DUBLIN--()--Research and Markets(http://www.researchandmarkets.com/research/78e62a/global_market_anal) has announced the addition of the "Global Market Analysis - Telecom Consulting 2011-2015" report to their offering.
“Global Market Analysis - Telecom Consulting 2011-2015”
How will the current economic/political turmoil impact telecom consulting?
According to the information released by HOT TELECOM in the 6th edition of its Global Telecom Consulting Market report 2011, the economic downturn caught up with the industry in 2009 when the sector's revenue decreased by as much as 9.1%. Nevertheless, the recovery started to be felt in most regions in the second half of 2010, with emerging markets in Latin America, Asia and MEA returning to growth.
The author expect's telecom consulting revenue to have increased by 3.2% in 2011 and the return to 2008 pre-recession levels in terms of revenue is not expected before 2012, when the world's telecom consulting revenue is forecasted to grow by 5.4%. Even so, at that time, Western Europe will still lag behind and will not have recuperated its recession loss, with telecom consulting revenue still below 2008 levels.
With many global telecom operators still suffering from slowing revenue growth and with saturation increasing in most countries and segments, the author is not anticipating for global telecom consulting revenue spend to return to double-digit levels for the foreseeable future' HOT TELECOM's president Isabelle Paradis said. Telecom consulting revenue is therefore forecasted to grow by a CAGR of 5.7% over the next 5 years.
North America continues to be the largest telecom consulting revenue region, on the other hand, Western Europe has lost its place to Asia as the world's second largest telecom consulting market in 2010 and this trend is accelerating. In terms of growth, Latin America and MEA have performed better than more developed regions during the recession. The author expects the current Eurozone crisis to have a significant impact on Western Europe into 2012, which could diminish telecom consulting revenue growth in that year.
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