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Price Waterhouse Coopers Study |
Global Pacific Investment |
| Investments in Net-related companies totaled $460 million for 101 deals during the first three months of 1998--up by 54 percent in dollar amount over the same period in 1997, according to a study released at Summer Internet World 98 in Chicago by PriceWaterhouse Coopers. | The growth of the Internet depends on faster and faster delivery of higher bandwidth to businesses and consumers. As one of the fastest growing Wireless Internet Access Providers in the world, we have big plans for expansion. |
Current revenue forecasts
for the wireless data market |
Frost & Sullivan: The compound annual growth rate (CAGR) for wireless data from 1996 through 2003 is projected to be 35 percent. The market is expected to grow to ten times its current value and reach close to $2.5 billion by the year 2002. Yankee Group: The Yankee Group projects that more than 1 million wireless intelligent terminals (WITs) will be sold in the year 2000 - comprising almost 4 percent of total wireless terminal sales that year. Gartner Group: The opportunity for wireless data communication in the United States is huge, with 25.3 million of the 112.1 million workforce having a mobile job requirement, but growth will be slow and steady. Strategis: Two million wireless data subscribers exist in 1997 and the market is predicted to grow at an average annual rate of over 40 percent through 2002. The wireless data market: vertical and horizontal The wireless data industry began its development through vertical applications within specific industries, such as dispatching, fleet management and point-of-sale. Horizontal applications cut across different industries: examples include so-called "road warrior" devices such as pagers and PDAs. Source: US Mobile Data Marketplace: 1997 Source: The Gartner Group, The Dataquest Market Analysis Perspective, "Wireless Data in the United States: Pieces of the Puzzle are Missing, but a Picture is Taking Shape" Source: The Yankee Group, "Phones with WITs: Wireless Intelligent Terminals Wireless/Mobile Planning Service White Paper v.4, n.10, Published May 1996 Source: Frost & Sullivan reports, "Mobile Data Services: How to Keep Your Customers and Profits Moving" and "North American Wireless Office Markets." |
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