A new report covering the health of the telecom/datacom market, notes that while there is tremendous uncertainty about the health of the global economy and prospects for economic growth in the short term, the market is on track to grow annually through 2017, driven by major network transformations. Asia Pacific took the lead in telecom and datacom equipment spending in 2012, and the region is expected to continue leading at least for the next five years, contributing more than a third of global spending through 2017. The report also indicates that following a recession-induced drop in 2009, the global telecom/datacom equipment and software market grew 19% in 2010, 7% in 2011, and held steady in 2012 at $172 billion.
For additional content, see http://www.infonetics.com/pr/2013/Telecom-and-Datacom-Equipment-and-Software-Highlights.asp
If you would like to receive a monthly summary of our posts, go to http://www.actiontec.com/newsletter/sub.php and subscribe to our FREE monthly newsletter.