By the close of 2005, total business spending in the US alone on telecommunications services reached just over $132 billion, and by 2010 business spending is forecasted to grow to nearly $150 billion, Insight Research said.
The business sectors spending the most on wireless in 2005 included healthcare, financial, insurance, and real estate, and transportation industries, it reported.
The study analyzed 14 vertical industries categorized by the Standard Industrial Classification system, and focuses on corporate spending for wireline and wireless telecommunications services in each of the 14 industries.
'The mergers now reshaping the telecommunications industry signal an end to the price war in wired services, but revenue growth in wireline services is not forecasted to bounce back,' said Robert Rosenberg, president of Insight. 'Wireline revenue growth will be constrained by the growth of wireless spending, though that increase is going to be uneven across the various business sectors.'
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