The mere scale and breadth of the IT, communications & technology sector continues to increase. The web continues to adapt; security and disaster recovery are becoming ever more important; businesses want increasingly specialist and tailored applications; new technologies continue to provide opportunities and threats.
The telecommunications market has grown strongly over the last few years, despite intense price competition and price regulations. Growth has been driven largely by the rapid rise in revenue from the internet and broadband services and mobile/cellular services, such as fourth generation (4G) data services. In the next five years cellular and data services (especially IP associations) will continue to grow, as will video messaging, video alerts and video telephony (in the mobile sector), Asymmetric Digital Subscriber Line (ADSL) and fixed-line video telephony (in the fixed line sector) and broadband and ADSL services in general.
We know this because Moore Stephens International member firms are advising clients in these sectors, and to do this effectively they need to keep pace with developments that affect them.