Global telecommunications industry revenue is expected to reach $1.2 trillion by the end of 2006 with strong growth in wireless communications paving the way, according to a recent report by Insight Research. The report predicts that wireless revenue will approach nearly 50 percent of all telecommunications services revenue by the end of next year.At the start of 2006, over 1.8 billion worldwide subscribers will depend on mobile wireless telephones. The report predicts that the telecommunications industry as a whole will grow by nearly 6 percent a year over the next four years, and revenue will increase from $1.2 trillion in 2006 to almost $1.6 trillion in 2010.The study also notes rapidly growing industry segments such as VoIP, WiFi, fixed-mobile convergence, IMS and streaming media, among others. “The malaise of the last few years is finally beginning to dissipate,” said Insight Research President Robert Rosenberg. “Wireless communications will continue to displace wire line communications for voice calling and as the number of wireless 2.5G and 3G data services increases, wireless will continue to squeeze traditional landline calling.” By Al Sacco Related content brandpost Sponsored by Freshworks When your AI chatbots mess up AI ‘hallucinations’ present significant business risks, but new types of guardrails can keep them from doing serious damage By Paul Gillin Dec 08, 2023 4 mins Generative AI brandpost Sponsored by Dell New research: How IT leaders drive business benefits by accelerating device refresh strategies Security leaders have particular concerns that older devices are more vulnerable to increasingly sophisticated cyber attacks. By Laura McEwan Dec 08, 2023 3 mins Infrastructure Management case study Toyota transforms IT service desk with gen AI To help promote insourcing and quality control, Toyota Motor North America is leveraging generative AI for HR and IT service desk requests. By Thor Olavsrud Dec 08, 2023 7 mins Employee Experience Generative AI ICT Partners feature CSM certification: Costs, requirements, and all you need to know The Certified ScrumMaster (CSM) certification sets the standard for establishing Scrum theory, developing practical applications and rules, and leading teams and stakeholders through the development process. By Moira Alexander Dec 08, 2023 8 mins Certifications IT Skills Project Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe