Telecommunications Industry Association (TIA) forecasts 3.1% loss for ICT industry in 2009
May 26, 2009
For the first time in its 23 years of forecasting for the information and communications technology (ICT) industry, the Telecommunications Industry Association (TIA) is projecting a 3.1 percent decline in revenue for the overall global ICT market in 2009 due to global economic conditions. In the U.S., revenue will suffer a 5.5 percent decline in 2009.
At a press conference held today, TIA released the 2009 ICT Market Review & Forecast, TIA's annual market intelligence report filled with data and analysis. (Watch a Webcast recording that includes the narrated presentation and a question and answer session...)
For the first time in its 23 years of forecasting for the information and communications technology (ICT) industry, the Telecommunications Industry Association (TIA) is projecting a 3.1 percent decline in revenue for the overall global ICT market in 2009 due to global economic conditions. In the U.S., revenue will suffer a 5.5 percent decline in 2009.
At a press conference held today, TIA released the 2009 ICT Market Review & Forecast, TIA's annual market intelligence report filled with data and analysis. (Watch a Webcast recording that includes the narrated presentation and a question and answer session...)
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