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Europe Grows WiFi Faster Than North America
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BOONTON,
NJ. October 23, 2003:
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Established wireline
and wireless network providers will be among the big beneficiaries of the
$163 billion to be spent worldwide over the next five years on WiFi
services and equipment, according to a new market research study from
Insight Research Corporation. WiFi is a technology that combines Ethernet
and wireless communications, making it possible for computers and other
electronic gear to send and receive high-speed data in a local area
network without a wired connection.
Insight Research’s
analysis of the WiFi industry,
WiFi in North
America and Europe: Telecommunications’ Future 2003-2008,
suggests that wireless LAN technology—increasingly popping up in public
spaces such as airports and cafés, in private residences, and in
businesses—will grow faster in Europe than North America. Worldwide WiFi
revenues are expected to grow from $7 billion in 2003 to over $44 billion
by 2008, at a compounded annual rate of 44 percent.
“Some analysts believe
that broadband access is driving the adoption of WiFi, while others
contend that WiFi is driving broadband,” says Robert Rosenberg, Insight
Research President. “Our analysis suggests that they drive each other in
a complementary way—creating greater demand for broadband services across
the board. We expect growth of European WiFi services to surpass North
American service revenue well before the end of our forecast period,” Rosenberg explains.
WiFi in North
America and Europe: Telecommunications’ Future 2003-2008
examines the factors driving adoption of WiFi, equipment revenues,
and service-related revenues. This industry research report forecasts
revenues for North America and Europe by core network equipment, antennas,
end-user devices, wireless Internet service providers (WISPs), traditional
ISPs, fixed operators, and mobile operators. The growth of worldwide WiFi
hotspots locations is also projected over the 5-year forecast period.
An excerpt of this WiFi
market research report, table of contents, and ordering information are
online at
http://www.insight-corp.com/reports/wifi.asp. This 134-page report is
available immediately for $3,995 (hard copy). Electronic reports can be
ordered online; visit our Web site, or call 973/541-9600 for details.
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Broadband Access: DSL vs. Cable Modems 2002-2007
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Wireless Portals and Wireless Service Providers
2001-2006
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Insight
Research,
founded
in
1990,
is
a
highly
respected
source
for
telecommunications
market
research
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strategic
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Donna
Savino
at Insight Research
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Telecom
Market
Research,
