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Telecom Business Confidence Report H2 2016

Telecom Business Confidence Report H2 2016

Market Study
Published: August 2016
Pages: 65
Research from: Pyramid Research
Sector: Business Services & Logistics

From: GBP 1500.00
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  • Respondents feel that the overall business confidence index for H2 2016 (July 2016–December 2016) has remained constant compared to H1 2016 (January 2016–June 2016). Moreover, an increasing number of respondents state that the current economic conditions are stable and the future outlook remains positive in anticipation of trends such as mobile broadband connectivity, live video streaming, mobile payments, and employing an Internet of Things (IoT) for effective business monitoring and real time problem solving. Despite rising competition, growing pricing pressure, and cost containment within the telecom industry, companies are planning to increase their focus on improving operational efficiency and new product development, over the next six months.

    Scope

    Of respondents, 39% believe the current economic conditions to be stable, whereas 21% of executives indicate that economic conditions are favorable

    Overall, 66% and 52% of industry competitors are more confident about their company’s and industry’s growth prospects, respectively, in H2 2016

    Of executives operating in Asia-Pacific, 87% expect the highest positive change in customer confidence compared to other regions in H2 2016

    On average, the price of fixed voice services is expected to decrease by 1.3% over the next six months

    Business executives operating in Asia-Pacific anticipate the highest increase in sales growth compared to other regions over the next six months

    The concern of unemployment levels in North America has increased significantly during H2 2016 compared to H1 2016

    Reasons To Buy

    • The report will benefit organizations and allow them to make effective business strategy decisions by knowing the prevailing business conditions and sentiment within the telecom industry
    • Organizations will be supported in business expansion decisions by providing information about projected changes in sales performance and supplier prices
    • Helps to improve operational efficiency of the organization by knowing about key priorities and the main concerns of telecom industry executives
    • Helps to alter investment allocation by understanding key focus areas highlighted by survey respondents during H2 2016
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