infoSync World : Europe grows WiFi faster than North America: "Europe grows WiFi faster than North America
By: Anthony Newman, Friday 24th October 2003, 08:29 GMT
New report promises explosion of wireless - on both sides of the pond.
Established wireline and wireless network providers will be among the big beneficiaries of the $163 billion USD to be spent worldwide over the next five years on WiFi services and equipment, according to a new market research study from Insight Research Corporation. WiFi is a technology that combines Ethernet and wireless communications, making it possible for computers and other electronic gear to send and receive high-speed data in a local area network without a wired connection.
Insight Research's analysis of the WiFi industry, WiFi in North America and Europe: Telecommunications' Future 2003-2008, suggests that wireless LAN technology - increasingly popping up in public spaces such as airports and cafes, in private residences, and in businesses - will grow faster in Europe than North America. Worldwide WiFi revenues are expected to grow from $7 billion USD in 2003 to over $44 billion USD by 2008, at a compounded annual rate of 44 percent. "
By: Anthony Newman, Friday 24th October 2003, 08:29 GMT
New report promises explosion of wireless - on both sides of the pond.
Established wireline and wireless network providers will be among the big beneficiaries of the $163 billion USD to be spent worldwide over the next five years on WiFi services and equipment, according to a new market research study from Insight Research Corporation. WiFi is a technology that combines Ethernet and wireless communications, making it possible for computers and other electronic gear to send and receive high-speed data in a local area network without a wired connection.
Insight Research's analysis of the WiFi industry, WiFi in North America and Europe: Telecommunications' Future 2003-2008, suggests that wireless LAN technology - increasingly popping up in public spaces such as airports and cafes, in private residences, and in businesses - will grow faster in Europe than North America. Worldwide WiFi revenues are expected to grow from $7 billion USD in 2003 to over $44 billion USD by 2008, at a compounded annual rate of 44 percent. "
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