Worldwide Network Consulting and Integration Services Spending to Increase 7.8% to Reach $29.3 Billion by 2007, IDC Reveals
FRAMINGHAM, MA – APRIL 8, 2003 – Worldwide network consulting and integration services spending will increase to more than $29.3 billion by 2007, representing a compound annual growth rate (CAGR) of 7.8%, a new study from IDC reveals. According to the study, U.S. network consulting and integration services spending will increase to more than $16.4 billion by 2007, representing a compound annual growth rate of 6.8%.
Through 2003, IDC expects much of the spending on network consulting and integration services by carriers will be spent on activities designed to reduce the costs of existing networks. Services such as network optimization and operations assessments will continue to gain popularity. In the enterprise market, IDC’s research shows that much of the spending on network consulting and integration services through 2003 will be driven by spending in the areas of wireless services and security services.
From a regional perspective, the demand for network consulting and integration services in the United States will continue to outpace (in terms of total expenditures) other regions of the world. However, although their markets may be embryonic and proportionally smaller, developing regions continue to offer attractive opportunities for firms possessing the capabilities and resources to help enterprise clients and service providers design, build, and manage complex network architectures.
IDC believes that future consolidation among the large service providers will continue throughout the forecast period and that the overall IT services market will experience further merger and acquisition activity in 2003.
This IDC study, Worldwide and U.S. Network Consulting and Integration Services Forecast and Analysis, 2002-2007 (IDC #28956), presents a five year forecast for the worldwide and U.S. network consulting and integration services market from 2002 through 2007. The purpose of this study is to identify recent trends that are influencing the network consulting and integration opportunity and discuss their impact on the worldwide and U.S. five year forecast. It presents marketsizing and five-year growth forecasts for 23 discrete service activities, including high-level segmentation by geography, vertical industry, and standard organizational size classifications. In addition, this document is segmented into network consulting and integration expenditures by enterprises and by service
Through IDC's ongoing Network Lifecycle Services research, this document identifies and describes the factors that are expected to influence industry trends and worldwide demand for network consulting and integration services.
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