News
Issue #2003 - 20 (June 2003)
(Updated June 30, 2003)

MARKET OUTLOOK & TRENDS

The Yankee Group Predicts Global Wireless Revenues to Reach $584 Billion by 2007

The Yankee Group, the pioneer in communications and networking research advisory and consulting services, today predicted that the global wireless user base will increase by 49 percent over the next 4 years and reach 1.72 billion by 2007. The Company's new Global Wireless/Mobile Forecast, released today, also shows global cellular subscriber revenue growing from $387 billion in 2002 to $584 billion in 2007, making wireless services similar in value to worldwide crude oil production.

Speaking at the Company's Wireless Leadership Summit now under way at the Marriott Marquis in Times Square, Keith Mallinson, executive vice president of Wireless/Mobile Research, said: "The complete and consistent global analysis that our new forecast provides is increasingly important. It is no longer sufficient merely to benchmark within national markets, and technological islands are disappearing as TDMA and PDC become obsolete. Instead, the GSM family of technologies, including GPRS and WCDMA, will grow from 70 percent in 2002 to 80 percent market share in 2007, while the CDMA family with cdmaOne and CDMA2000 will grow from 13 percent to 16 percent in the period."

The Yankee Group derives its demand-driven forecast by tightly integrating handset assessments with subscriber and operator projections, thereby providing the industry's most representative and accurate market outlook.

More information about the Global Wireless/Mobile Forecast is available at www.yankeegroup.com/di.

Source: Businesswire

MobileInfo Comments and Advisory: It is important to understand the total value of wireless in the economy - almost as important as oil. That is significant.

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