Market
The confluence of faster, more ubiquitous networks, highly sophisticated devices, and the promise of a more open collaboration across networks, services, and operating systems has this market poised for massive expansion.
Attacking a market that:
- Will have a profound impact on human productivity, commerce, and lifestyle
- Will be the focus of technologists worldwide
- Is nascent in data application, but on the verge of massive expansion
- Is driven by the evolution of the mobile device as the primary connection point to the Internet
- Requires domain expertise and connections to navigate its complexities
Rapidly Expanding Market
- There are 4 billion mobile devices in use globally today, or more than 4X the number of computers.
- Smartphone owners doubled in 2008 and similar growth is expected year-over-year.
- Mobile Internet access is projected to grow 100X by 2013. Mobile advertising will similarly become ubiquitous.
- Direct and indirect revenues from mobile applications are expected to exceed $25 billion by 2014.
- 68% annual worldwide growth in mobile Internet devices is projected through 2013.
- Some expect that there will be ONE TRILLION wireless points of connection through chips and sensors, or 150 for every human on the planet, in less than a decade.
“There will be no limit on the number of connections as part of the mobile grid,” says Verizon’s CEO. “Everything has the potential to be connected to the web.”