01
Dec
Forbes Newsletter points out 5 wireless trends, that according to them, can double your portfolio this year. Whie this may be too optimistic, I think they have put together a strong list of trends and technologies that accurately reflect where the industry is headed. Here are the 5 trends:
- TREND # 1: Faster speed through third-generation (3G) broadband networks and new WiMax networks.
-3G is making progress, but even more exciting is the role out of 3.5G with HSPD technology, making DSL and Cable broadband speeds available over a wireless network. - TREND # 2: Phones are becoming portable multimedia entertainment centers!
-We have seen this become reality with camera phones and increasing with digital TV over 3G networks. Providing content for these devices is going to become a big business. - TREND # 3: Log onto the Web from anywhere with the emergence of citywide Wi-Fi networks.
-In the US we hear of many big cities rollling out plans for these services, but it is also happening in many small cities in the US and Europe alike. True mobility is on its way!! - TREND # 4: Wireless gaming among multiple players over a mobile cell network.
-Mobile gaming generated $203 million in revenue last year. But mobile gaming is expected to generate as much as $1.8 billion dollars by 2009. Mobile gaming will follow the same trend in the gaming industry of movement towards multi player games over the mobile network. - TREND # 5: Have more fun with increasingly sophisticated downloadable ringtones.
-The ringtone market is set to double to $6 Billion Dollars worldwide by 2008.
