Ericsson Presents Validated Measurement of Telecom Services Market Size

Ericsson has published an industry measurement of actual external spending by operators on telecom services. Ericsson Global Services has been forecasting the telecom services market size for different segments since 2003. The global addressable market, as estimated by Ericsson, for the years 2003-2005 is now validated by independent research performed by Ernst & Young AB, (Sweden), and Ernst & Young, (UK), member firms of Ernst & Young Global. This extensive study confirms Ericsson's earlier estimates.

Based on the study the actual external spending by operators on telecom services for 2005 amounted to approximately US$57 billion, which is in line with Ericsson's earlier estimate of US$55 billion. Actual external spending for 2003 (US$47 billion) and 2004 (US$52 billion) show a consistent growth in the market. Ericsson's market outlook for 2006 remains and the early outlook for 2007 shows continued good growth for professional services.

Hans Vestberg, Executive Vice President and Head of Global Services, Ericsson says: "We are confident that we have a good understanding of the telecom services market, based upon our own experiences and forecasting as well as the recently completed independent market study."

There is a high activity level in telecom services in all regions of the world, but with differences in demand according to market maturity and end-user needs.

Hans Vestberg, says: "Based on the high telecom services activity, we will continue to dedicate our global and local scale and skill to support our customers in growing their business."

Posted to the site on 5th December 2006