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Certain Strategic Data Services Aimed at US Businesses Represent $160 Billion Opportunity over Five Years, says Insight Research Corp.
DURANGO, Colo., Dec. 4, 2014 (SEND2PRESS NEWSWIRE) -- Insight Research projects that the aggregate market for a key group of data services will grow two to three times the rate for basic transport services, representing more than a $160 billion opportunity for carriers over the next five years. With many voice and legacy data services declining, these high growth areas targeted to U.S. businesses include business broadband, IP VPNs, Ethernet, IP applications in the cloud, and hosting services.
$30 Billion U.S. Telecommunications Private Line Services Market Starts to Decline, says Insight Research Corp.
DURANGO, Colo., Nov. 3, 2014 (SEND2PRESS NEWSWIRE) -- The $30 billion U.S. private line services market has finally entered a period of no growth, says a market analysis study from Insight Research. Private line had always been a growth market for telcos and has been tracked by Insight for more than 18 years showing steadily increasing revenue growth. Yet the market is expected to decline 2.3 percent over the next five years, as the shift to packet-based Internet services allow customers to get higher bandwidth at lower costs which, in turn, is putting downward pressure on private line revenues.