Voice over wireless LANs (VoWLAN) is fast emerging as one of the most potentially significant converged technologies of the future, seamlessly combining WLANs with VoIP. Although it faces several challenges in its path to wide-scale adoption, consulting company Frost & Sullivan says developments such as the introduction of dual-mode handsets and the ratification of various 802.11 standards indicate a positive market outlook for the rest of this year. The company estimates that revenues for the European VoWLAN market will grow from �6.6 million in 2004 to �1.99 billion in 2010. The 14 mobile phone manufacturers and telcos that comprise the Unlicensed Mobile Access (UMA) group have taken the initiative to allow 802.11-equipped handsets to make calls through their Wi-Fi hotspots. This, says Frost & Sullivan, is a major driver for the VoWLAN market. "It is no surprise, therefore, that the momentum behind UMA is upbeat within the mobile domain, especially from the carriers that stand to gain tremendously from such an initiative," said Luke Thomas, Research Analyst with Frost & Sullivan. "Fixed-line carriers could also use the UMA to provide mobility solutions to their customers, provided they have a Mobile Virtual Network Operator agreement."
As an independent advisory consultant with experience across the technology sector, I've observed the transformative impact of artificial intelligence (AI) on various industries across the globe. The recent IDC market study of AI in Europe provides valuable insights. The forecast AI spending in Europe will reach $133 billion by 2028, with a compound annual growth rate (CAGR) of 30.3 percent, underscores the significant momentum behind AI adoption. This substantial investment reflects the increasing recognition of AI's potential to enhance productivity, drive innovation, and create new business model opportunities. Generative AI Market Development While AI itself is not a new concept, the emergence of Generative AI (GenAI) has catalyzed a new wave of excitement and investment. GenAI's ability to create content, from text to images and even code, has captured the imagination of businesses and consumers alike. The IDC market study highlights the exceptional growth expected in...