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Market Size

  • The wireless market constantly expands into new areas and applications. The increased number of smartphone wireless devices, the development of 3G, 3.5G and now 4G networks and phone devices that can be used in mobile multimedia, personal services, the spread of digitalization, mobility and the Internet new technologies that are based on global uniformed standards make the market highly open to new applications. 
  • According to the new RNCOS research: "According to our new research report "3G Market Forecast to 2013", the global wireless industry is rapidly replacing 2G technology with 3G to integrate new features and improve data transmission speed. The roll out of 3G technology is inevitable as it enables operators to lower the cost of voice and data delivery and supplement their voice and SMS revenue with revenue generating from value-added services. Thus, the number of 3G subscribers worldwide is projected to grow at a CAGR of around 13% during 2010-2013. Our research has found that Asia-Pacific will dominate the global 3G-subscriber base by 2013 end, accounting for around 56% of the total subscriber base followed by EMEA (Europe, Middle East and Africa) and the Americas. The main reason for the domination of Asia-Pacific region is the high adoption of 3G technology in countries like India and China, which have huge mobile subscriber bases. These countries are engaged in infrastructure development to reap the value of mobility. Moreover, the government support and operators' initiative will also help to expand 3G-subscriber base in the Asia-Pacific region. "
  • According to the new Market Research Corp.'s new report: "Total wireless subscribers in the US to reach 348.6 million in 2013 with Verizon Wireless enjoying 43.1% EBITDA margin"
  • By the end of 2016, IDC forecasts 2.3 billion mobile phones will be shipped to the channel with 12.7% year-over-year annual growth from 2012 till 2016. In terms of the tablet market, IDC has revised their forecast for the worldwide tablet market, suggesting that global shipments are projected to reach 107.4 million units this year, 137.4 million in 2013, and 222.1 million by 2016."
  • Dense traffic, heavy congestion and saturated intersections are unfortunately well known phenomenon in our daily lives. Vehicle jams in urban areas and slow-moving traffic may have many causes and do not always signify traffic control failures but inadequate traffic control strategies often contribute to traffic slow-downs.
  • Optimization of the flow of vehicles through a given road network is one of the most relevant and long-standing problems for most cities throughout the world.
  • Due to ever increasing traffic volumes, traffic control and information acquisition have become an important part of the overall traffic management strategy.
  • Despite massive investment in traffic control equipment, expertise and manpower, what is lacking is a dynamic and traffic-adaptive light control system capable of responding to real-life saturated traffic scenarios. Efficient comprehensive traffic management requires flexible and adaptive means of real time traffic control on a local level and provide wide live-traffic coordination for traffic dispersion on network scale. Additionally, there is a real need to provide early traffic warning information to drivers before they enter the congested areas.