Telecom Industry Business Outlook and Procurement Report May-October 2016
Amid growing pricing pressure, cost containment, and rising competition within the telecom industry, companies are planning to increase their focus on business expansion in existing market, new product development, and improving operational efficiency. Mergers and acquisitions are expected to increase within the telecom industry with emerging markets such as China, India, and Mexico offering prominent growth opportunities. Additionally, global telecom industry business executives from large companies expect a surge in capital expenditure on IT infrastructure development and new product development over the next six months.
Scope
• Expand into existing markets and new product developments are major priorities for telecom industry operators and suppliers during May-October 2016
• Developed markets such as the US, the UK, and Germany are identified as important markets for growth over the next six months by telecom industry executives
• Capital expenditure on new product development and IT infrastructure development will increase over the next six months
• Internal operating cost reductions and increased use of technology are the main procurement objectives for organizations over the next six months
Overall, 25% of executives expect a decrease in supplier prices, while 29% expect an increase, and 34% expect no change over the next six months
Reasons to Buy
Highlights key business priorities thus helping telecom companies to realign business strategy
Develop or adjust business expansion plans by using significant growth offering emerging and developed markets
Make changes in procurement budget allocations through procurement budget projections anticipated by executives for May-October 2016
Implement effective price management by viewing supplier price variations highlighted for next six months
Table of Contents
List of Tables
List of Figures
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