The explosion in connectivity has entrenched telecommunications as a vital part of the day-to-day functioning of Australian businesses and has changed the way Australians interact, with social networking moving online. Despite the increased demand to communicate over these pathways, IBISWorld forecasts that revenue for the Telecommunications Services sector will decline by 2.0% to $40.8 billion in 2011-12.
Industries within the Telecommunications Services sector have experienced contrasting results. Overall sector revenue has remained stable, and is expected to record an annualised decline of just 0.9% in the five years through 2011-12.
Telecommunications companies provide telecommunication services to businesses and consumers using wire, cable, wireless and satellite infrastructure. Not all sector participants own and operate telecommunications infrastructure. Telecommunications resellers purchase network capacity and then retail services to businesses and consumers.
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.