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#News(General) [ via IoTForIndiaGroup ]
Today, WifiForward, a coalition of companies, organizations and public sector institutions, released a new economic report, which finds that the value of unlicensed spectrum to the U.S. economy has grown by 129% since 2013.
The study assesses the current and future value of Wi-Fi spectrum in the U.S. The report finds that unlicensed spectrum generated $525.19 billion in value to the U.S. economy in 2017, $29.06 billion of which contributed to the U.S. GDP, and projects the economic value of unlicensed spectrum in the U.S. to reach $834.48 billion by 2020.
The report also draws three topline conclusions:
The economic value of unlicensed spectrum increases over time:
While economic value continues to grow, the sources of economic value of unlicensed spectrum vary over time:
If future assignment of unlicensed spectrum is not fulfilled, it is plausible to consider that economic value creation would be at risk:
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