What's Happening In High-Tech Markets
Staff -- Purchasing, 4/19/2001 2:00:00 AM
Sales of data virtual private networks (VPNs) will nearly triple over the next two years,
Sales of data virtual private networks (VPNs) will nearly triple over the next two years, says Insight Research of Parsippany, N.J., which sees the market rising from $2.53 billion this year to $7.25 billion by 2003. Data VPNs are private networks that use public Internet and managed IP networks to transmit data securely. Insight Research sees even stronger growth after 2003 as dedicated broadband access becomes more available and corporations rely more on network outsourcing.
Consultants and IT services firms will make billions over the next five years
Consultants and IT services firms will make billions over the next five years helping companies integrate their information systems with B2B online exchanges, says International Data Corp. (IDC). IDC sees spending on marketplace services rising from $5.2 billion in 2000 to $17 billion in 2005. By then, says analyst Leo Lipis, more than half the opportunity in the exchange services market will come from systems integration compared to today when 85% of revenue comes from marketplace creation.
Sales of Internet appliances will grow 40% annually through 2005,
Sales of Internet appliances will grow 40% annually through 2005, predicts Cahners In-Stat Group. Sales of Internet appliances, including Internet terminals and special devices that connect to the Internet via television, reached $219 million in 2000 and will soar to $1.3 billion by 2005, In-Stat says. In a separate report, researcher Kurt Scherf at Parks Associates of Dallas says about 5% of U.S. households, or five million homes, will have network-capable set-top boxes by the end of this year. By 2005, he says there will be 17 million Internet-capable set-top boxes, reaching 16% of U.S. households.
Nortel Networks is now the No. 1 telecommunications equipment maker,
Nortel Networks is now the No. 1 telecommunications equipment maker, leapfrogging from third place with revenues totaling $29.8 billion in 2000. Ericsson maintained second place with telecom revenues of $27.7 billion in 2000, while Nokia moved to third spot from fourth with telecom revenues totaling $27.2 billion. Lucent Technologies, the market leader in 1999, dropped to fourth, with telecom sales of $25.8 billion. Cisco Systems climbed to number five from eight, with telecom revenues of $23.9 billion, while Siemens dropped to sixth from fifth with telecom sales of $22.8 billion. Motorola was tied for sixth with telecom revenues of $22.8 billion while Alcatel slipped to eighth from seventh with telecom sales of $21.6 billion.
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