PRESS RELEASE BY MBD...UK TELECOMMUNICATIONS MARKET RESEARCH REPORT |
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RELEASED: FEBRUARY 2008 After researching the UK telecommunications market development and taking into account various other factors the following conclusions can be drawn from MBD's report: MARKET REVIEW 2003-2007:
The UK telecommunications market is believed to have increased by 4% to a five year peak of £36.7 billion in 2007, consolidating growth of 10% in 2006. Prior to this demand declined by 1% in 2005, partially negating growth during both 2004 and 2003. Overall between 2003 and 2007 sales are believed to have increased by a cumulative 13%. MARKET FORECAST 2008-2012: The UK telecommunications market is anticipated to increase throughout the five year review period. By 2012, demand is expected to reach a peak of £39.3 million (at 2007 prices), representing real term growth of 7% in comparison with 2007. Further mobile phone and broadband uptake, along with technological advancements are expected to facilitate growth during the forecast period. NOTE TO EDITORS: Market & Business Development Ltd specialises in business to business market research. The range of reports and industries in which we operate in constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants. Click here for full details of the UK Telecommunications Market Research Report MBD WELCOMES PRESS ENQUIRIES: Press releases on the latest MBD market research reports can be sent to editors and journalists involved in trade magazines. Full press releases are available, please email your request, along with the magazine title you are writing for, to pressoffice@mbdltd.co.uk. |
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