April 11th– Securities Markets
· In general terms, what do the industry analysts say about this industry?
The US government is beginning to spend vast investment to upgrade the entire economy. . According to the analysts John.M(2011) in Mckinsey&company, "there will be hug investment on telecommunication sector to boost economy such as making infrastructure, investing R&D part, and tax benefits." By joining the ongoing environment, analysts predict that telecommunication will continue its dynamic force. Especially, James M, the telecommunication analysts in Mickensey(2010), predicts "huge boom in telecommunication market to meet needs of customers who want high-qualified services such as smartphone."
· What are industry analysts predicting in terms of prospects for growth in the industry?
Some main perspectives lead the industry’s growth in the future market. Desire for connecting with society. Recently, more and more people are interconnected by social networking service provided by smartphone compared to the face to face connection before. Facebook, Twitter, and My space are leading the trends based on ubiquitous technology, which can realize this phenomenon. In brief, desire for building new connection on wireless device is causing growth.
The other one is that emerging of related market.With the progress of mobile technology, it goes huge profit in the market. "Applications for mobile devices have emerged as hot new accessories to mobile phones and have become an additional differentiating feature that continues to prevent mobile service from becoming a commodity product"(James Moorman, 2011) According to the his opinion, Applications are widely covering from navigation, entertainment to sports' facilities, and definitely it earns huge benefit, opening new blue ocean market.
To be specific, Apple is leading company among applications market and, according to IDC, "Apple remains in control, hitting the 300,000 applications mark in October 2010. Android’s adoption by multiple vendors has started to produce benefits, as the platform boasted over 100,000 apps in November 2010."
references
Eileen M. Bossong-Martines,2011, Standard & Poor’s Industry Surveys This is from WSJ issued by 11th March 2011 connected by official site of standard &poor’s
CDMA Development Grouo, (2011) GSM Association ; IEEE, This is from GSM association statistics released by NewYork Times online
James Moorman, 2011, industry surveys : telecommunication wireless, standard and poor's
John.M, 2011 , Telecommunication sector, mckinseyquarterl, www.mckinseyquarterly.com/Telecommunications/Strategy_Analysi
references
Eileen M. Bossong-Martines,2011, Standard & Poor’s Industry Surveys This is from WSJ issued by 11th March 2011 connected by official site of standard &poor’s
CDMA Development Grouo, (2011) GSM Association ; IEEE, This is from GSM association statistics released by NewYork Times online
James Moorman, 2011, industry surveys : telecommunication wireless, standard and poor's
John.M, 2011 , Telecommunication sector, mckinseyquarterl, www.mckinseyquarterly.com/Telecommunications/Strategy_Analysi
In the post I just wrote we see companies going ahead and taking advantage on what telecommunications can offer us. We see HUGE companies like Microsoft and Toyota pair up for a new marketing scheme, and this relationship can only make someone wonder what other companies would could see teaming up in the future. Especially, since the government will be allowing for telecommunications to be accessed easier.
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