BOSTON-New research shows the worldwide wireless market growing by leaps and bounds, with total revenues topping $570 billion this year. According to numbers from research and consulting firm Strategy Analytics, wireless subscribers will increase from 1.7 billion at the end of this year to 2.5 billion by the end of 2010, which represents a 38-percent penetration rate.
“Voice usage will increase from 5.6 trillion minutes in 2005 to 12.6 trillion in 2010,” said Phil Kendall, the report’s author and director of wireless operator research at Strategy Analytics. “GSM-based systems will continue to dominate the cellular landscape, accounting for 81 percent of subscribers and 76 percent of service revenues in 2010, though CDMA’s more rapid evolution to 3G will see it dominate 3G subscriber volumes in the medium term.”
The firm also said 3G networks will continue to gain pace, and that the outlook for the technology remains healthy.
