Global Telecom Consulting Report 2010

Telecom consulting services have enjoyed significant growth in the last 5 years, with the total telecom consulting spend increasing by an average of 10% from the end of the last recession cycle in 2003 to the end of 2008. The worldwide telecom consulting market grew by 8.6% in 2008, however the economic downturn caught up with the industry in 2009, when the sector’s revenue decreased by as much as 9.1%, as a result of which, 2009 revenue decreased below 2007 levels.

The worldwide telecom consulting market grew by 13.9% in 2006 and again by 9.5% in 2007 bringing the sector’s total value to US$11.98 billion in 2007. The sector has enjoyed a sustained average growth of 10.3% since recovering from the dot.com crisis which ended in 2003.

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