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Introduction to the Wireless Industry, Business and Industry Trends Analysis

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 9.0 billion global wireless communications subscriptions by the end of 2024, according to Plunkett Research estimates. (Since some people have more than one subscription, the number of individual subscribers is significantly lower.)

The wireless industry will continue to enjoy high profitability and revenue growth. This sector is relatively immune to dips in the economy, as consumers consider their mobile communications to be as basic a need as clothing or transportation.

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