Telecommunications Services Market Segments, Opportunity, Growth and Forecast by End-use Industry 2014 - 2020
The telecommunications services industry is one of the fastest growing industries in the business world. Telecommunications services are offered by telecommunications service providers for the purpose of sending and receiving messages through electronic devices. Services include phone internet access, email, text, television, radio and fax. Telecommunications services have a robust global market presence, with the mobile services segment comprising a large chunk.
The telecommunications services industry is one of the fastest growing industries in the business world. Telecommunications services are offered by telecommunications service providers for the purpose of sending and receiving messages through electronic devices. Services include phone internet access, email, text, television, radio and fax. Telecommunications services have a robust global market presence, with the mobile services segment comprising a large chunk.
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The telecommunications services market can be segmented into value-added services<br />
<strong>and</strong> basic communication services. Value-added services include electronic data<br />
interchange e-mail, data processing, voicemail, online database storage while basic<br />
telecommunication services include circuit-switched data transmission, facsimile services,<br />
voice telephone services, telegraph services, packet-switched data transmission, telex<br />
services <strong>and</strong> others.<br />
<strong>Telecommunications</strong> services have a growing market in Europe, North America, Latin<br />
America <strong>and</strong> the Asia-Pacific region. Internet <strong>and</strong> mobile phone services are the fastest<br />
growing telecommunications services with a strong market presence in Europe <strong>and</strong><br />
America.<br />
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A few key players in the telecommunications services are IBM, Cisco, Alcatel-Lucent,<br />
Deutsche Telekom, Juniper Networks, Tata, Nokia <strong>and</strong> Vodafone. <strong>Services</strong> provided <strong>by</strong><br />
these companies are storage area networks, entry-level servers, storage products,<br />
enterprise networking services, storage networking services, services for application<br />
networking services, 3G services, b<strong>and</strong>widths, broadb<strong>and</strong> networks, calling cards, CDMA<br />
services, dial-up internet enterprise data services, mobiles <strong>and</strong> many more. Among<br />
them, 3G services, data processing, broadb<strong>and</strong> networking <strong>and</strong> the internet services are<br />
rapidly growing in the market.
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