Report: Unlicensed bands add $529 billion to US economy
A staggering $529 billion: That’s the economic surplus value created by unlicensed frequency bands in the US alone in 2017. The figure is a key finding in a new report by Telecom Advisory Services and was presented for the first time at Wi-Fi NOW USA in Redwood City on May 17.
A new report commissioned by Washington D.C.-based Wi-Fi advocacy group WiFiForward has concluded that the economic surplus value generated by unlicensed bands in the US constituted a staggering $529 billion in 2017. That’s up from $223 billion in 2013, equivalent to a CAGR of 23%.
The report is authored by Dr Raul Katz of Telecom Advisory Services, who spoke at this year’s Wi-Fi NOW USA conference in Redwood City on May 17. The report also estimates that the economic surplus will increase to $834 billion by 2020.
You might also like:
On Thursday, December 13th, 2018 at 1pm, Venture Smarter’s NYC Leadership Summit will bring together key leaders from across the city, state, and region to focus on the intersection of investment, innovation, and impact in the smart city space.
Expanded program portfolio seeks to increase access to DoD-specific electronics manufacturing capabilities, enhance hardware security, and ensure ERI investments translate to DoD applications
The Smart Rural Community® Collaboration Challenge is an opportunity for rural broadband providers to obtain up to $5,000 to deploy broadband-enabled solutions for community-oriented initiatives, including economic development, education, health care and public safety.
StateScoop — Four development teams have taken home top prizes in a competition for advanced infrastructure proposals, each securing up to $10 million in investment capital.
View featured press coverage from the second annual Smart Regions Conference on October 25th and 26th in Columbus, OH.
Cincinnati Enquirer — The Cincinnati area will get new help in its opioid fight through a pilot partnership with U.S. Homeland Security’s Science and Technology division that could yield a nationwide response to the epidemic.
StateScoop — At a "smart regions" conference in Ohio, representatives from several jurisdictions pledged to use technology to reduce drug overdoses.
CINCINNATI -- A partnership among businesses, educators and agencies is working to turn Cincinnati into the Silicon Valley of the Midwest. Local schools are training the next generation of cyber experts.
Smart Cities Dive — Four cross-jurisdictional teams took home the top cash prizes in the first Smart Infrastructure Challenge, hosted by smart city and technology strategy firm Venture Smarter.
Smart Cities Dive — Speakers in Columbus, OH, emphasized the need for cities to put people first, but the age gap between elected leaders and smart city proponents could be a hindrance.