Strategic Data Services Aimed at US Businesses Will Hit $30 Billion by 2018, according to Insight Research Corp.
DURANGO, Colo., July 16, 2013 /PRNewswire/ — 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 over the next five years. With many voice and legacy data services declining, these advanced strategic services represent the highest growth areas for telecom services targeted to US businesses. Advanced strategic services include business broadband, IP VPNs, Ethernet, IP applications in the cloud, and hosting services.
Insight’s newly-released market analysis report, “Strategic Data Services for US Businesses: IP VPNs, Ethernet, Cloud, and Hosting Services, 2013-2018,” includes full segment details for US wireline data services, including IP applications services in the cloud such as infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS). In addition to the revenue forecasts for IP-VPNs and Ethernet market segments, unit forecasts are provided for various data port speeds, ranging from 1 Mbits per second to 10 Gbits per second.
“The groups of telecommunications services we’ve identified are fast becoming a growth engine for businesses of all types, and supplying these services to US businesses will give a shot in the arm to US telecommunications suppliers,” says Fran Caulfield, Research Director for Insight Research. “These data applications are strategic in the sense that they are driving exponential traffic growth onto corporate networks and supplying advanced services such as IP applications in the cloud. Ethernet access to these cloud-based applications is the future, and service providers need to make the strategic choice to focus their investments and resources on this growth segment,” Caulfield concluded.
An excerpt of this market research report, table of contents, and ordering information are online at http://insight-corp.com/reports/wirelinedata13.asp. The report is available immediately in electronic format (PDF) and can be ordered online. Visit our website at www.insight-corp.com or call 973/541-9600 for details.
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SOURCE Insight Research Corp.