Wireless, Wi-Fi, RFID & Cellular Industry Market Research

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Wireless & Cellular OVERVIEW

     Wireless communications, including such fields as mobile entertainment, RFID, mobile banking and cellphone service, continues to be one of the hottest of the world's industrial sectors.
     There were approximately 8.7 billion global wireless communications subscriptions by mid- 2020, according to Plunkett Research estimates.
    (Since some people have more than one subscription, the number of individual subscribers is significantly lower.)  According to IDC, 1.39 billion new smartphones were sold worldwide during 2019—making the smartphone the fastest-selling single item of consumer electronics by far.
     These handsets are purchased by new users (those who are getting mobile service for the first time ever), but more often by those who are upgrading to newer, more powerful phones.
     At a very rapid pace, people around the world have upgraded to smartphones. Most new smartphones feature a dizzying array of advanced features.
     In addition, smartphones and tablets are internet-capable, typically able to take full advantage of high-speed access on 4G networks (and, to a growing extent, newer 5G networks).
     This means that small, lightweight smartphones and tablets can do most of the work of a standard desktop PC.
     Consumers love the flexibility and capability of smartphones, and by some estimates spend an average of three hours per day using them in the U.S.
     When considering this development, it is important not to overlook the way that smartphones have disrupted traditional business sectors.


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