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Bogotá, Colombia, 2008/02/06 - New research from Frost & Sullivan, Colombian Data Communications Services Market, finds that the market earned revenues of $344.9 million in 2006 and estimates this to reach $469.0 million in 2012.
The Colombian data communications services market is already a mature market, with significant competitive pressure. In order to sustain revenue growth, operators are crafting new strategies, pushing migration to IP and bundling data with other telecom products in order to better penetrate the small and medium businesses (SMBs) market.
New research from Frost & Sullivan (communicationservices.frost.com), Colombian Data Communications Services Market, finds that the market earned revenues of $344.9 million in 2006 and estimates this to reach $469.0 million in 2012.
If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the Colombian Data Communications Services Market, then send an email to José María Jantus, Corporate Communications, at jose.jantus[.]frost.com with your full name, company name, title, telephone number, address and email. Upon receipt of the above information, an overview will be sent to you by email.
"The Colombian data communications services market experienced moderate growth in 2006," observes Gina Sánchez, Research Analyst for the Telecom Services group at Frost & Sullivan. "Growth was driven by the country's economic growth, the expansion of the rest of the telecommunications sector and the progressive addition of smaller clients to the market."
Colombia's GDP grew more than 12 percent in 2006. The total telecommunications market growth rate also exceeded 12 percent, while some sectors such as mobile telephony expanded at rates well above 20 percent.
However, due to the level of maturity and competitiveness of the data communications market, operators will have a hard time maintaining current growth rates.
"The large corporations segment is almost saturated," remarks Sanchez. "Operators are, therefore, looking at small and medium-sized businesses in order to sustain further revenue growth."
To create awareness about their solutions in the potential/target end-user segments, industry participants will retain focus on their core competencies. Operators will continue to enhance their product features and offer robust solutions in the market including bundled services and special solutions to medium and small segments.
"Product bundles and IP technologies offer more flexibility and affordable prices," advises Sánchez. "Those are the weapons operators are using to fight in such a competitive market."
Colombian Data Communications Services Market is part of the Communication Services Growth Partnership Services program, which also includes research in the following markets: fixed telephony, mobile telephony and data communications. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
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