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.
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