Global Telecom Consulting
Revenue expected to reach US$15.1 billion in 2012
Isabelle Paradis
January 2009
More
info >>
According to the information released by HOT TELECOM
(www.hottelecom.com) in its latest report “Global
Telecom Consulting market report”, the
global telecom consulting revenue is estimated to
have reached US$12.97 billion in 2008, representing
a 8.2% increase on 2007. “For the next 12
to 18 months, we are likely to see telecom operators
across the board tightening their capital and expense
budgets with a significant impact on consulting
projects and staffing” HOT TELECOM’s
president Isabelle Paradis said.
If looking at the worst case scenario, this negative
growth could extend into 2010 before the situation
stabilizes again in 2011. HOT TELECOM however thinks
that this is unlikely and that growth will return
toward the second half of 2010 and the telecom consulting
market should slowly come back to healthy growth
rates in 2011 and 2012. These expectations translate
into a CAGR of 4.8% from 2008 to 2012, bringing
the sector’s total revenue to US$15.10 billion
in 2012.
As it has been the case for the past 4 years, the
industries’ top 30 telecom consulting firms
continue to control the majority of the customers
and revenue. In 2007, telecom consulting revenues
from the top 30 players amounted to US$10,030 million
and accounted for 83.7% of the industry’s
total. In order to support the strong growth years
of 2005, 2006, 2007, consulting firms across the
board hired extensively. The number of employees
in the top 30 telecom consulting firms increased
by an estimated 16.5% and 13.9% in 2006 and 2007
respectively.
The unchallenged market leader remains Accenture,
with a telecom consulting revenue estimated to have
reached US$1,970 million in 2007, representing a
market share of 16.4%. IBM follows with an estimated
telecom consulting revenue of US$1,443 million and
a 12.0% market share.
This 90-page report, which includes over 30 detailed
exhibits on the global telecom consulting market,
confirms that 2009 will be a rocky year for Western
Europe with a forecasted decrease of 3.4% in telecom
consulting revenue. The region is expected to be
the hardest hit by the economic downturn, partly
due to the bad economic situation in the UK, which
is likely to impact spending.
In North America, the full impact of the financial
crisis should take effect starting in 2009 with
a forecasted decline in telecom consulting revenues
of 1.9%. If the economic crisis evolves as envisaged,
telecom consulting revenue should return in the
second half of 2010, with a forecasted yearly growth
of 2.2% in that year.
Find out how the upcoming trends of the global
telecom environment will impact the global telecom
consulting business in HOT TELECOM’s new 90-page
global report, which can be purchased online through
HOT TELECOM: http://www.hottelecom.com/telecom-consulting-report.html
