And just in case you thought that the wireless market was not expanding rapidly...
Revenues in the Wireless Broadband Market Will Soar
418 Percent in Next Five Years, The Strategis Group
Reports
Wireless broadband revenues--driven by local telephone service
and Internet usage--will grow at a 418 percent compound annual
rate over the next five years, The Strategis Group said today. In
the ?U.S. Wireless Broadband: LMDS, MMDS and Unlicensed
Spectrum? report released today, The Strategis Group, the
Washington, D.C.-based telecommunications research and
consulting company, predicts that wireless broadband revenues
will reach $3.4 billion in 2003, compared to 1999 revenues of
$11.2 million.
?By 2003, we forecast that no less than 34 percent of U.S.
households and 45 percent of U.S. businesses will be serviceable
by broadband wireless networks,? John Zahurancik, vice
president of broadband information of The Strategis Group, said.
Wireless broadband technologies such as Local Multipoint
Distribution Service (LMDS) ?present an inexpensive means to
market entry? for local telephone service, the report notes. ?With
U.S. local phone revenues topping $110 billion in 1999, the
incentive to enter the market is clear; even a minuscule market
share can generate tremendous revenues.?
The Strategis Group said that demand for ?broadband connectivity
in the local loop is a relatively new phenomenon. For years,
narrowband solutions--phone lines--have managed to serve the
average user?s needs in an economical and robust manner.
Demand for new services, however, has conspired to destroy this
model and caused the need for bandwidth to skyrocket.?
Internet usage, for example, has grown dramatically over the past
five years. ?Once a medium of the technologically savvy, the
Internet has become a critical business tool and a ?daily essential?
for many home users,? the report says. ?As Internet content
becomes more interactive and multimedia-oriented, the need for
high-speed access rises in turn.? The report notes that in 1997,
?less than five vendors had the ability to produce an operating
LMDS system, and few had been tested extensively. Today, any
number of vendors--including major integrators such as Lucent,
Nortel and Cisco--can provide a working system. Capable of
voice, data, Internet and video services, these systems can meet
any customer?s local access needs.?
The Strategis Group, an edr company (e-date
resources)--with offices in Washington, D.C., London and
Singapore--publishes in-depth market research reports,
provides customized consulting services, and supplies
continuous information solutions to the Internet, cable TV,
satellite, competitive telephony, broadband and wireless
communications industries |
