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Wireless And Broadband Revenues Will Reach $589 Billion By 2005, Says Strategy Analytics

Wireless And Broadband Revenues Will Reach $589 Billion By 2005, Says Strategy Analytics

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%.

Worldwide Revenue Forecasts, Emerging Service And Device Markets
($ 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.

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