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Category: Business and Industry
Date Submitted: 04/04/2016 11:40 PM
US Telecom Market Current Trends, Size, Share, Industry Analysis,
Competitive Intelligence, Growth, Opportunities and Forecasts To 2011 - 2020
The U.S. telecom market is quite complicated and has multiple sectors. These sectors
experienced robust expansion in the last decade. Recent history has led to considerable
transformation, with novel technologies and various mergers coming to the fore. These
technologies enable wider coverage, quicker speeds, and deeper market penetration.
The decade ahead would introduce many obstacles and transformations in the market. Repetition
of trends similar to that of the past ten years could be a hindrance. This could result from
mergers indulging in greater concentration & consolidation. Nonetheless, surging technological
developments and transformations create bright prospects for the U.S. telecom market.
Currently, revenues generated from all sectors of this market amount to around USD 750 billion.
They are predicted to rise at nearly 4 percent and be USD 1.3 trillion by 2020. Several telecom
segments should achieve market penetration by over ninety percent in the forthcoming years.
To Get More Details @ http://www.radiantinsights.com/research/us-telecom-industryassessment-and-forecasts-2011-2020
Telecom firms render data transmission and mobile & fixed voice solutions to small enterprises,
users, organizations, & entities. From a traditional perspective, telecommunication companies
basically profit from text messaging, voice calls, and web & network connections. These three
profit mediums are used via landline or wireline connectivity.
Firms with the U.S. telecom market provide services to businesses also. These services are
driven wireless along with data, wired web, & business solutions. As far as wireline is
concerned, telecom firms present data & voice services to their clients for sales. These firms also
supply ‘Voice over Internet Protocol’ (VoIP) and traditional landlines.
For the web, they provide services varying from...