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Three industries—transportation,
financial/insurance/real estate and professional business
services—will account for nearly three quarters of business wireless
data revenue, a market that will grow from $1 billion this year to
over $8 billion by 2006, says a new report by Insight
Research.
According
to Insight’s report Wireless
Data, Wireless IP and Vertical Markets 2001-2006, 48
million workers have jobs that require time away from the office,
including truck drivers, insurance claims adjusters, business
consultants, lawyers and realtors. Today, wireless data accounts for only two percent of the total
wireless business market, with voice claiming the lion’s share of
revenue. However, the increasing mobility of the US workforce, and the availability of
wireless devices to link workers with corporate databases, customer
records and Web sites, will drive demand for wireless data services.
By 2006, 27 percent of all wireless business revenue will
emanate from wireless data services.
Insight sees growth in business wireless voice revenue under considerable
pressure. Carriers who want to increase their bottom line must push wireless data services to
the high-growth industries,” says Insight president Robert Rosenberg.
“Revenue growth in the wireless sector will unequivocally be
attributed to data, and we see certain vertical industries leading the
way.”
Wireless
Data, Wireless IP and Vertical Markets 2001-2006
forecasts U.S. wireless data revenue and subscribers by nine
industries: Transportation, Utilities, Retail Trade/Point-of-Sale, Wholesale Trade,
Financial/Insurance/Real Estate, Health Care, Communications,
Professional Business Services and Durable Manufacturing. Private data network vs. public data network projections
through 2006 are also included, as are comparisons of the residential
wireless market.
A free report excerpt, table of contents, and ordering information is
online at www.insight-corp.com/wdata.asp.
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Telecom
Services in Vertical Markets 2003-2008
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Telecom
Market
Research,
