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US Wireless market grows 10.7%

Imagine that.

With all the consolidation going on, and the price competition happening, it’s great to see the market growing at very respectable rates.

According to TIA, the total market is $174.7 billion with the fastest growing segment being the $15 billion handset market, which is expected to grow at 19.3% for 2006.

Several other milestones were reviewed in the report,

  • 25 million new subscribers are enjoying mobile service for the first time – the largest increase ever.
  • growth will average 8.2% through 2009 to a max of 278.5 million subscribers
  • new uses of mobile devices are attracting new users, or multiple devices for users (Europe has more devices than people).