Recovery from the recession continues slowly and unevenly, but telecom and datacom equipment revenues continue to rise and will do so through 2015 at an overall compound annual growth rate (CAGR) of 5.5%, a new report said.
The report from market research firm Infonetics Research also said service provider mobile and wireless infrastructure and enterprise and data center networks make up the largest portions of revenue, and growth through 2015 is fueled by a wide variety or product segments, from communications and security in the enterprise, to service provider IMS (IP Multimedia Subsystems), routing, switching, and Ethernet.
The report said worldwide telecom and datacom equipment and software revenue totaled $160.1 billion in 2010, up 6% from 2009.
Infonetics forecasts the overall telecom and datacom equipment and software market to grow to $209.1 billion by 2015.
In 2010, the spending split was about 70% versus 30% for service provider versus enterprise equipment and software; by 2015, enterprise spending is expected to grow to 34% of the total while carrier spending drops to 66%.
Asia Pacific will remain the hottest spending region, driven by unabated 3G upgrades and LTE preparation through 2015 in China, 3G and LTE rollouts in India, and massive LTE deployments in Australia, Japan, and South Korea, the report also said.