Nexit Ventures

Mobile & Wireless Market Trends

The Mobile and Wireless industry is not only growing, but doing so very rapidly. It is estimated that the global mobile market will pass the trillion dollar mark by 2013 and the number of mobile subscribers will be well over 5 billion. In addition to mobile phones, wireless features are embedded into consumer electronics and industrial solutions giving the market some extra growth energy.

The long term wireless growth includes ubiquitous computing, where we are surrounded by countless tiny embedded processors that are connected (often wirelessly) to the network. First the Moores Law forecasted the exponential development of computing power and now the digital revolution is going wireless. This combination of cheap computing power and seamless communication enables a flood of new innovative products and services.