Total Network Services Expenditures in 2009 to Reach $396.7bn, Representing a Year-Over-Year Growth Rate of 11.1%, Says Pyramid ResearchPRNewswire CAMBRIDGE, Mass., Oct. 2 /PRNewswire/ -- Light Reading's Pyramid Research expects total global expenditures for professional and managed network services, which comprise network consulting, implementation, managed network services and network product support services, to reach $396.7bn by the end of 2009, representing a year-over-year growth rate of 11.1%. Of this worldwide total, $265.2bn will be spent externally by service providers and enterprises with leading professional and managed services vendors. These findings come from the release of the network services industry's most comprehensive market research report, How Services Are Transforming the Network Ecosystem: Global Market Analysis and Forecast, 2008-2013 (http://www.pyramidresearch.com/downloads.htm?id=1&sc=PR081001_NSS) "This new report provides in-depth market analysis and insights for global network services investments," says Richard Dean, Pyramid Research's Networks Practice Director. "It examines the total addressable market -- not simply external spending -- and segments the data by four global regions and 26 'impact' countries." The publication of this report was the foundation for the September 30th webinar, led by Mr. Dean, entitled Worldwide Network Solutions Market Analysis -- The Catalyst for Business Model Transformation and the 2020 Vision. The report is also part of Pyramid Research's Network Solutions and Strategies (http://www.pyramidresearch.com/network_solutions_strategies.htm) subscription-based service, combining an ongoing set of research deliverables with exclusive client benefits, including direct analyst access, personalized consultation, on-site strategy workshops, webinars, and conference calls. Download an excerpt of How Services Are Transforming the Network Ecosystem: Global Market Analysis and Forecast, 2008-2013 (http://www.pyramidresearch.com/downloads.htm?id=1&sc=PR081001_NSS). To view the webinar online, please email Amalia Vega at avega@pyr.com. About Pyramid Research For over 20 years, Pyramid Research (http://www.pyr.com/) has helped companies in the converging communications, media, and technology industries stay ahead of market trends, understand competitive threats, and capitalize on opportunities. We advise most of the world's leading vendors, service providers, equipment manufacturers, and financial institutions on how to build offensive strategies and drive profitability. Pyramid Research's Network Solutions and Strategies service ensures its global clients understand how the network is transforming the way people work, live, and play, and how the $82 billion marketplace for advanced network-centric solutions plays a critical role in the communications process through a rigorous qualitative and quantitative research methodology. About Light Reading Founded in 2000, Light Reading (http://www.lightreading.com/) is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. It reaches an extensive audience of executives and technologists within the telecom and enterprise networking communities, as well as the financial/industry analysts and investors who track these sectors. Light Reading was acquired by United Business Media in August 2005 and operates as a member of its TechWeb division. About TechWeb TechWeb (http://www.techweb.com/), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events, Interop, Web 2.0, Black Hat, and VoiceCon; online resources such as the TechWeb Network, Light Reading, Intelligent Enterprise, InformationWeek.com, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services including next-generation performance marketing, integrated media, research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion. About United Business Media Ltd. United Business Media Limited is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print, and with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists around the world. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently. For more information, go to http://www.unitedbusinessmedia.com/ Press contact: Jennifer Baker +1 617 494 1515 ext. 272 jbaker@pyr.com SOURCE: Pyramid Research CONTACT: Jennifer Baker of Pyramid Research, +1-617-494-1515, ext. 272, Web site: http://www.pyr.com/ |