|
|
|
|
|
Overview:
Recent downward trends have affected all segments of the economy, but the utility communications market has remained stable, and the potential exists for the market to rebound to a spending rate of $3.6 billion within the next year. This report outlines the technologies and services utilities plan to purchase through 2005.
Survey respondents indicated that a budget allotment similar to 2003 spending for communications equipment and services was in place for 2004, and 75% indicated that a increase in spending was predicted. Over one third (33%) of those indicating an expanded telecom budget in 2004 expected the increase to exceed 30% over the next few years.
Key Findings :
- The overall market for utility communications equipment and services is expected to increase dramatically in 2004 and beyond.
- Utilities spent $2.8 billion on telecommunications services and products in 2003.
- Nearly 90% of utility's telecommunications spending is projected to occur in the areas of transport, LAN/WAN, Internal Voice Systems, leased lines and SCADA.
- The most significant industry trend noted by utility members is migration to IP networks. This movement affects every aspect of communications networks, including digital microwave and WAN/LAN.
|
|
|
