As bad as things sound, and between all the talk and banter（n.取笑,揶揄）of worldwide recession, financial meltdowns, global meltdown and the imminent end of the world in general, the telecommunications industry’s future seems quite bright, thank you very much.
In fact, worldwide telecommunications industry revenues are expected to grow at a healthy rate of eight percent over the next 5 years, according to a new market analysis study done by INSIGHT Research Corporation.
Telecommunications revenue, including narrowband(n.[通讯]窄带) and broadband(n.[通讯]宽带)landline（通信电缆）, wireless and cellular services, as well as Internet communications are expected to grow from $2.1 trillion in 2008 to more than $3 trillion by 2013 even as margins(n.利润,盈余) on traditional voice-related products continue contracting(v.缩小) and the industry responds by shifting to an Internet Protocol (IP) communications fabric（通讯光纤）.
With voice revenues shrinking faster than carriers（电信公司）’ abilities to cut costs, landline and cellular companies are turning to IP technology to help reduce overall costs of operations. The upside(n.优势) of this shift to IP communications technologies is that customers should see a downward trend in costs over the next half decade. The downside is that networks will be increasingly more susceptible to outside attacks, an alarming issue that was rarely seen or considered in traditional phone networks of the past 100 years.
“The Future of Telecommunications 2008-2013″ evaluates revenue and subscriber growth in North America, Europe, Asia-Pacific, Americas, and Africa. Capital expenditures are also estimated by region and equipment class(n.分类).
