Consumer telecom market value to reach $2 trillion by 2012

DRIVEN BY VIDEO and other bandwidth-hungry data applications, revenue from consumer telecommunication network services will grow at a steady annual clip of about 5.7%, on average, over the next five years, says technology research firm In-Stat. The strongest growth will be in the broadband and pay TV sectors, but 60% of total revenue will be derived from consumer mobile services. The high-tech market research firm just completed some new research and aggregated it with existing research to produce a detailed quantitative analysis of this important market. “The digital divide will continue to grow. By 2012 broadband penetration in developed countries...