DURANGO, Colo., Dec. 4, 2014 (SEND2PRESS NEWSWIRE) -- 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, representing more than a $160 billion opportunity for carriers over the next five years. With many voice and legacy data services declining, these high growth areas targeted to U.S. businesses 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, 2014-2019" includes full segment details for U.S. 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 telecommunications suppliers," says Robert Rosenberg, President of 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," Rosenberg concluded.
An excerpt of this market research report, table of contents, and ordering information are online at http://insight-corp.com/reports/wirelinedata14.asp .
The report is available immediately in electronic format (PDF) and can be ordered online. Visit our website at http://www.insight-corp.com or call 973-541-9600 for details.
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NEWS SOURCE Insight Research Corporation :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2014 Send2Press® Newswire, a service of Neotrope®.