Emerging Industry Overview: Wireless Communications and WAP
Industry Snapshot
Known by related monikers such as mobile, cellular, and personal communications services, wireless communications services are a huge and fast-growing business. Consumers and businesses alike have been electronically tethering themselves in droves to wireless technology because of its convenience and increasing affordability. Although prices for wireless services dropped as they became mainstream, industry revenue has grown with market saturation. The market enjoyed a 300 percent increase between 1998 and 2008. The U.S. wireless industry is widely regarded as underdeveloped compared to those of Japan and Western Europe, signaling ample opportunities for...