Global Telecom Industry Procurement Spending to Grow by 10.8% Over Next 6 Months, according to Pyramid Research Report Available at MarketPublishers.c
14 Dec 2016 • by Natalie Aster
LONDON – The telecommunications industry is likely to see an increase in M&A activity over the next 6 months due to increasing competition, and rising customer expectations with respect to data and services to be offered on-demand.
Even though soaring competition, cost containment, and market uncertainty are amid the key business concerns for the telecom industry globally over the next 6 months, operators and suppliers are seeking to intensify their focus on expanding into current markets and new product development.
Additionally, developing nations like China, India, and Brazil will likely open up massive growth opportunities for the worldwide telecommunications industry owing to huge growth in the mobile Internet data subscriber base, a hike in mobile and smart device usage and connectivity, and a hike in mobile commerce. The worldwide telecom industry's procurement spending is forecast to grow by 10.8% during the review period.
In-demand research study “Telecom Industry Business Outlook and Procurement Report November 2016-April 2017” elaborated by Pyramid analyses executives' views on the business outlook and procurement processes over the next 6 months.
The report canvasses the telecommunications companies' key priorities for the forecast period; provides details about key high-potential developed and emerging markets; keeps track of changes in M&A activity; pinpoints the key business concerns for producers and suppliers; expected changes in CapEx globally and region-wise; speculates on the changes in procurement activities. The report gives projections on procurement budget allocation in tandem with changes in procurement spending over the forecast period. The study discusses the anticipated change in prices of suppliers in the analysis period; and casts light on executive's insights into e-procurement within the worldwide telecommunications industry.
More in-demand reports by this publisher can be found at Pyramid Research page.