DEDHAM, Mass.--(BUSINESS WIRE)--Oct. 1, 1997--Total bandwidth for ATM and frame relay services is projected to surpass leased line bandwidth in the U.S. by the year 2000 according to the ATM & Frame Relay Industry Update, a newly released report by Vertical Systems Group. Based on independent research with users and service providers, the report quantifies the shift from dedicated leased lines to emerging networking services like frame relay and ATM. This industry update also reveals that frame relay will become the second largest data networking service in the world this year, after leased lines and ahead of X.25.
According to Vertical's new report, ATM and frame relay markets combined will reach $22 billion worldwide by the end of the decade. ATM services and equipment will grow at a compound annual growth rate of 57% between 1996 and 2000 to $7.3 billion. Frame relay services and equipment will increase to $14.6 billion in this time period, representing a compound annual growth rate of 43%. The leased line market in the U.S. is growing at an average rate of 5% annually and is projected to reach $11.8 billion by 2000.
Widely considered as the most comprehensive source of statistical information available on these markets, the ATM & Frame Relay Industry Update is used by equipment vendors, carriers, ISPs, enterprises and financial entities throughout the world. Fully updated as of mid-year 1997, the document contains actual market figures for 1995 and 1996 and projections for the years 1997 through 2000.
Equipment market projections and analysis are provided for nine separate equipment segments, with further detail for emerging product categories like FRADs. Based on worldwide market share, the leading vendors in the reported equipment segments include Ascend, Cisco, Fore Systems, Motorola, Newbridge, Nortel, and Yurie Systems.
Vertical Systems Group is a leading market research and management consulting service firm specializing in the networking industry. The ATM & Frame Relay Industry Update is available exclusively in conjunction with the firm's Broadband Networking Subscription Service. More information about this report and other service offerings is available on the company's web page at verticalsystems.com .
CONTACT:
Vertical Systems Group
Erin Dunne, 781-329-0900
edunne@verticalsystems.com
verticalsystems.com
KEYWORD: MASSACHUSETTS NEW YORK CALIFORNIA NORTH CAROLINA TEXAS
BW1256 OCT 01,1997
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