Business Services Industry

Forecast for 'Net Services Still Upbeat.(Internation Data Corp. forecasts)(Industry Trend or Event)(Brief Article)

Business Communications Review, August, 2001

Worldwide spending on Internet services will more than triple from 2000 to 2005, in spite of the current economic slowdown. That's the projection from International Data Corp. (DC). "Ecommerce will continue to drive demand for Internet services," said Pooneh Fooladi, senior analyst with IDC's Internet services research program.

"It's becoming an integral part of organizations' overall strategies, and it's becoming imperative to link ecommerce initiatives with other IT initiatives." IDC is also predicting big growth for Internet mobile services, from $1.4 billion in 2000 to almost $40 billion by 2005. Though Europe represents 50 percent of the mobile market today, leading the world, DC expects the U.S. to account for more than 40 percent of mobile...

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