A new study from IDC reveals that the semiconductor market for datacom/telecom infrastructure is showing signs of renewed growth. IDC now expects the market to grow 6.2% year-over-year to $3.7 billion in 2004, after a 4.5% year-over-year decline last year. For the 2003-2008 forecast period, IDC predicts the market will experience a 7.3% compound annual growth rate (CAGR), reaching close to $5 billion in 2008.
TNS Telecoms finds that as of Q3 2003, 31% of US consumers? telecommunications budget goes towards land line telephones and 29% is allotted to wireless telephony. TNS bases its findings on a mass review of US households? telecom bills and notes that households pay over $45.00 per month for their land line telephone and their wireless service, respectively. Cable and satellite TV come in a close second, however, costing an average $42.30 per month.
Telecom investment will grow 9% year-on-year in 2004 in Asia Pacific and key markets in the region like India and China will move straight to Next Generation networks, according to technology analyst firm Gartner.
The Telecommunications Industry Association (TIA) reports that telecom spending in the US rose by 4.7% in 2003 to $720.5 billion. TIA specifically reports that telecom network spending totaled $14 billion last year, but should rise by 2.3% this year to $14.4 billion.
According to IDC, 49% of US households will choose the package that offers one bill, versus 32.4% households that will choose the package that offers only cost savings.