USD 1 trillion to be spent on telecom and datacom over next 5 years

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NEW DELHI: The Asia Pacific region has shown major growth of six per cent year-over-year in the telecom/ datacom equipment and software revenue as against 4.5 per cent by North America.This trend
is expected to continue through at least 2018,
Market research firm Infonetics Research says.
It also projects a cumulative $1.01 trillion will
be spent by service providers and enterprises
on telecom/datacom gear and software over
the five years from 2014 to 2018.
Sales of telecom and datacom equipment and
software came globally to $183 billion in
2013, three per cent above the previous year.
According to research data from its 2014
Telecom and Datacom Network Equipment and
Software report, Infonetics says the overall
telecom and datacom network equipment and
software market share leaders are in rank
order: Cisco, Huawei, Ericsson, Alcatel-Lucent
and ZTE - the same top five vendors with
virtually the same shares as the year prior.
Vendor share positions also held steady in the
enterprise segment, with Cisco in the driver's
seat and followed distantly by tightly bunched
Avaya, Brocade, HP, and Juniper (listed in
alphabetical order).
Infonetics Research principal analyst Jeff
Wilson said: "Despite the fact that enterprises
and service providers are in the middle of
massive network upheavals due to the
evolution of software-defined networking (SDN)
and network functions virtualisation (NFV)
technology, the telecom and datacom
networking equipment and software market is
on track to grow annually through 2018 with
the fastest growth coming in 2015." http://www.indiantelevision.com/iworld/telecom/usd-1-trillion-to-be-spent-on-telecom-and-datacom-over-next-5-years-140719
 
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