Strategy Analytics predicts a market of more than 20 million WiMAX subscriber terminals and base stations per year in 2009, according to their recent study. The need for inexpensive last mile connections between users and high-speed backbone networks already deployed in the developing world will drive this demand. Although much smaller than the market for cellular terminals and base stations in terms of annual unit shipments, WiMAX will represent a significant opportunity for chip makers. According to Chris Taylor, Director of the Strategy Analytics RF & Wireless Component Service (RFWC), "Our analysis of provisioning costs, business models and demand leads us to conclude that WiMAX for fixed wireless broadband services alone will generate a modest but healthy market for chips and equipment by 2009. Major concerns still remain regarding battery life for mobile WiMAX, undefined mobile specifications, and probable competition with 3G and proposed 4G networks. However, these issues will not prevent WiMAX from reaching sustainable volume in fixed applications.
Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth