|
RELEASED: SEPTEMBER 2008
After researching the UK telecommunications market development and taking into account various other factors the following conclusions can be drawn from MBD's report:
MARKET REVIEW 2003-2007:
The UK telecommunications market is believed to have increased by 4% to a five year peak of £36.7 billion in 2007, consolidating growth of 10% in 2006. Prior to this demand declined by 1% in 2005, partially negating growth during both 2004 and 2003. Overall between 2003 and 2007 sales are believed to have increased by a cumulative 13%.
Growth in the market reflects the progress of the economy and technological developments in the industry, which have both had a positive impact on the market, particularly in the mobile communications sector. However, growth slowed during 2004 and declined during 2005, largely due to the relative maturity of the overall market. The mobile telephony and broadband internet sectors of the market are believed to have shown strong growth, with a converse trend recorded in the more traditional fixed telephony sector.
MARKET FORECAST 2008-2012:
The UK telecommunications market is anticipated to increase throughout the five year review period. By 2012, demand is expected to reach a peak of £39.3 million (at 2007 prices), representing real term growth of 7% in comparison with 2007. Further mobile phone and broadband uptake, along with technological advancements are expected to facilitate growth during the forecast period.
NOTE TO EDITORS:
MBD specialises in business to business market research. The range of reports and industries in which we operate in constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.
Click here for full details of the UK Telecommunications Market Research Report
MBD WELCOMES PRESS ENQUIRIES:
Press releases on the latest MBD market research reports can be sent to editors and journalists involved in trade magazines.
Full press releases are available, please email your request, along with the magazine title you are writing for, to pressoffice@mbdltd.co.uk.
|
