Mobile Projection: Truly Stunning
June 7, 2008
Information Week reporter K.C. Jones reported an iSuppli estimate that stunned me. The title of the story is “Wireless Social Networking To Generate $2.5 Trillion By 2020.” You can read it here, but hurry news has a peculiar way of becoming hard to find a day or two after the story appears on a Web site.
iSuppli–a company in the business of providing applied market intelligence–projected that Wireless social networking products, services, applications, components, and advertising will generate more than $2.5 trillion in revenue by 2020. I think that’s 12 zeros.
I’m not sure I know what wireless social networking is but if iSuppli is correct–consultants and research firms are rarely off base–it’s a great opportunity for entrepreneurs who catch the wave. Wow, $2.5 trillion in 12 short years. I thought I had seen some robust estimates from Forrester, Gartner, 451, and ComScore, but the iSuppli projection is a keeper.
Stephen Arnold, June 7, 2008
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