And You Want To Sell>
STRATEGY ANALYTICS: Strategy Analytics forecasts $55B US Cellular Market by 2004 M2 Presswire
M2 PRESSWIRE-30 March 1999-STRATEGY ANALYTICS: Strategy Analytics forecasts $55B US Cellular Market by 2004 (C)1994-99 M2 COMMUNICATIONS LTD
Boston, MA -- Between 1999 and 2004, Wireless Minutes of Use in the US will grow at a compound annual rate of 34% to reach over 630 Billion.
These findings are presented in a study published recently by Strategy Analytics within its continuous information service, "Mobile Communications Service North America". The company's latest report "US Wireless Voice Market Forecast" provides service and handset market forecasts for the period 1999 to 2004, with historic data included for 1995 to 1998. The forecast covers Subscriber Installed Base, Annual Service Revenues, Wireless Minutes of Use, and Annual Handset Unit Shipments.
The second half of 1998 saw very strong growth in the US Wireless Voice market. "Growth was driven by the rapid adoption of digital solutions and enabled by radical improvements in the cellular value proposition. Specifically, national one rate pricing plans and prepaid tariffs have been critical to the strong performance of US operators over the last 6 months", said David Kerr, Vice President of Wireless Programs at Strategy Analytics.
Strategy Analytics has subsequently revised upwards its five-year forecast for subscribers. "Total cellular penetration in the US is now projected to reach 52% by 2004, with handset unit shipments rising to 84 million per annum", noted Kerr. Consumers or personal users will continue to be the dominant demand segment but significant growth opportunities exist in both the pure business and combination user segments. Combination users (for whom personal calls are between 33% and 66% of total volume) will be a growing and influential segment representing over 22 million users by 2004. Business customers will remain a healthy and growing customer segment with over 21 million subscribers by 2004.
Company Background:
Strategy Analytics, formerly BIS Strategic Decisions, provides information and insights which help competitors develop strategies in consumer electronics and media, Mobile and fixed communications, personal computing, automotive electronics, and enabling technology business. Working on a global basis, Strategy Analytics delivers planning support in published and consulting formats to meet the decision support needs of clients in North America, Europe, Japan and the Far East. |