In a recent report, Research and Markets indicates that worldwide telecommunications markets are set for extraordinary growth, doubling from $123 billion in 2004 to $282 billion by 2010. Communications represents opportunity for expansion of economies.
The Internet-based communications systems are vastly improving the efficiency of the supply chain for the largest 5000 companies worldwide. The combination of voice, video and data on a network makes people more efficient. More information can be communicated not in real time, but is available as people need it. Messaging systems play a significant role in passing information asynchronously, just in time.
The uncertainty in the telecommunications markets has been resolved. Digital, IP, Ethernet will replace all other protocols. The convergence of networks is to IP, the Internet and Ethernet. It works seamlessly, and is reliable, resilient and fast. Now the issue is how fast the TDM networks will be replaced with the new technology.
Wireless is everything. 3G base stations promise to coexist with WiMAX 802.16 base stations in metro environments.
Worldwide telecommunications and communications equipment market forecasts, shipments in dollars analysis indicate strong growth in very large existing markets. Markets at $197.6 billion in 2005 are anticipated to reach $446.9 billion by 2010.