How much do you know about the wireless industry's tremendously important impact in our lives, whether it's through the economy, innovation, competition, environmental and other societal benefits?
We've assembled numerous facts from a variety of sources in our Resource Library
, but here are some quick facts that provide an overview of the importance of the U.S. wireless industry:
The economic impact of bringing 500 MHz of spectrum
(per the FCC's National Broadband Plan) to market by 2020 is $87 billion increase in U.S. GDP; at least 350,000 new U.S. jobs; additional $23.4 billion in government revenues; and $13.1 billion increase in wireless applications and content sales.
- U.S. providers invested $94 per subscriber while the rest of the world spent $16.
- For every $1 invested in wireless broadband, it will create an additional $7-10 for U.S. GDP.
The U.S. wireless industry is valued at $195.5 billion
, which is larger than publishing, agriculture, hotels and lodging, air transportation, motion picture and recording and motor vehicle manufacturing industry segments. It rivals the computer system design service and oil and gas extraction industries.
The wireless industry directly/indirectly employs
more than 3.8 million Americans, which accounts for 2.6% of all U.S. employment. In addition, wireless employees are paid 65% higher than the national average for other workers.
The app economy
employs 519,000 developers and related jobs and grew into a $10 billion industry.
- Thanks to the U.S. wireless companies constant innovation and competition to remain the world's mobile industry leader, America's users benefit.