Industry Analysis & Industry Trends
The Wireless Telecommunications Carriers industry benefited from the rapid development of mobile devices. Additionally, infrastructure investments and advancements in technology have also led to strong revenue growth. In the next five years, the industry's performance will largely depend on how competition unfolds for wireless spectrum. However, the industry is expected to increase as a result of expanding demand for wireless data services... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Wireless telecommunications carriers operate in a highly dynamic, technologically intensive industry that is in the mature phase of its life cycle. Industry growth is expected to increase slower than the overall economy over the 10 years to 2021. IBISWorld projects that industry value added, which measures an industry's contribution to the overall economy, will grow an annualized 2.6%, compared with the forecast 2.3% annualized growth of GDP over the same period. Industry growth has been limited by profit pressure as well as slowing revenue growth as the wireless space becomes increasingly saturated.
Technological advancement requires continuous reinvestment in infrastructure. Despite rapid growth, consolidation is a commonly used expansion tactic in this industry... purchase to read more