May 18, 2018// News
WiFiForward Releases New Economic Report on the Value of Wi-Fi and Unlicensed Spectrum
On May 17 WifiForward, a coalition of companies, organizations and public sector institutions released a new economic report on Wi-Fi and unlicensed spectrum in the United States. Some of the highlights from the report include:
- Since 2013, the economic value of unlicensed spectrum has grown 129%, from $229B to $525B.
- The current economic surplus of unlicensed spectrum in the U.S. from a selected set of applications amounts to, at least, $496.13 billion today, while also contributing $29.06 billion to the nation’s GDP (a total value to the economy of $525.19 billion).
- The value of just this set of applications will continue to grow, reaching a total of $834.48 billion by 2020.
More information about the study can be found here. You can also join WifiForward on May 24th for a discussion about the innovative and economic power of unlicensed spectrum and how it’s driving the U.S. economy forward.
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