Falling corporate profit during the recession caused the industry's customers to reduce their investment in networking equipment, hampering industry growth. However, customers are increasingly embracing new technology, which is positive for the industry. Improving economic conditions have encouraged wired telecommunications carriers and internet service providers to upgrade networks for next-generation technologies. Still, while these trends will help revenue recover, competition from imports will hamper domestic growth.
This industry manufactures wired (voice and data) telecommunications equipment, including telephone switching systems, telephones and answering machines, data bridges, routers, modems and gateways. During the past ten years, this industry has increasingly focused on manufacturing internet protocol-based telecommunications and networking equipment.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.