We might have been noticing that the wireless industry is at the boom. However. Is this a temporary slip, or is this a sign the industry is changing? We've been watching the numbers of subscribers jump year after year. But we have to concerned about the scenario when there will be no new user of cell phone and the industry will have no more scope. Till date, the market place is maturing and people know the carriers they like and why they like them.
Wireless has always been a growth business, but going forward it may not be anymore. Not the way we have traditionally thought of wireless and growth anyway. Growth in the more traditional parts of the business is slowing. That's the bad news. However the good news is growth in other areas is increasing.
- We are seeing growth from traditional voice slowing, but growth from wireless data is continuing to explode.
- In addition there are many other new areas that will represent enormous growth opportunities going forward. Watch the wireless industry help other industries reduce their costs and improve their position in the customers mind using wireless technology.
It depends on how you look at the situation and which glasses you wear. If you are an employee or investor looking for the same traditional growth patterns we have seen over the last decade or two they unfortunately are slowing. That was inevitable. This could mean lots of change in coming years like potential job cuts in certain areas. However if you are looking for the new growth patterns, they are many. Just look at the rapid growth of the smart phone segment. Since Apple introduced the first iPhone a few short years ago the wireless data and smart phone segment has exploded.
Other handset makers and many new apps are part of the mix. There are enormous growth opportunities in this area. In addition every other industry is looking at wireless to transform parts of their business. Ford is putting Internet access on the dashboard of their cars. Power companies are putting wireless meter readers in the marketplace so they don't have to send people out in cars every day. The medical and health industry is embracing wireless to transform themselves.
Industry after industry is looking to let wireless bring them into the future. There are unlimited new opportunities, but they often come from the least likely areas. Many times wireless opportunities come from non-traditional places like other companies. So yes traditional growth in wireless, the fast growing industry we have followed during the last decade or two is finally slowing. That is the bad news. At the same time, the good news is growth in wireless is still occurring in other areas.
for more information visit our website : Wireless Network Association, Wireless Industry Association
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