Despite the current gloom surrounding the technology markets, Strategy Analytics claim that growth in the emerging industries of broadband and wireless content will be worth up to $589 billion by 2005 thanks to an average annual compound growth rate of 26%.
($ billion) | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | CAAGR |
Service Revenues | 57 | 106 | 165 | 235 | 317 | 401 | 39% |
Device Revenues | 111 | 128 | 144 | 155 | 170 | 188 | 10% |
TOTAL | 168 | 234 | 309 | 390 | 487 | 589 | 26% |
Growth Rate | 39% | 32% | 26% | 25% | 21% |
Source: Strategy Analytics, June 2001.