Market Analysis on Wireless Business Growth

The convergence of radio technology and the Internet is creating new(a) marts and new gross shoots, especially identifiable for three key just segments, i.e. radio infrastructure vendors, piano tuner service providers and content portals, and it is inform that wireless portal tax is set to uprise from a plan of $747 million to $42 trillion in 2005. There be two bourgeons of receipts for wireless portals: * The first revenue stream of approximately $17 billion will consist of advertising, side fees, e-commerce, and content subscriptions. * The rest of it, i.e. $25 billion, will consist of determine charges and network subscriptions from device operators. According to the sure market projection, the restless art in the U.S. is expected to grow rapidly from a mere $29 million in the year 2000 to a figure of $20.8 billion in 2004. However, the mobile market revenue makes up hardly 2% of the U.S.s wired Internet worry sector in the 2002. The causation for this be ing that, almost 70% of the revenue generated by the wireless Internet market will be recognized right(prenominal) the wireless network. This suggests a revenue-sharing approach needs to be more(prenominal) widely adopted in the value-added networks of mobile services to curb business sustainability.

New wireless application services created as a result of the convergence are: mobile commerce, business applications, financial, entertainment and messaging-based, teaching based and location-based services. These new services pair with partnerships enrich and fix the value-added networks centered on the aforemen tioned just industries, thus, these network! s are not only bound to retain their current customers, but to a fault attract new customers so as to improve their profitability. Going by the current market consensus, there are tremendous opportunities in the wireless intentness in upcoming years. As shown in the figure below, the widely distributed mobile market revenue is expected to grow rapidly... If you lack to get a full essay, order it on our website: OrderCustomPaper.com

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