Wireless Industry Swot
The Wireless Industry in Canada is comprised of establishments engaged in providing telecommunication and/or services over network facilities operated by them. The establishments in the industry can own a network, lease a network, or combined these two facilities (NAICS , 2010). With limited regulatory barriers and availability of mobile technologies, the internal weaknesses of the industry have been overcome by strengths through job creations and investment and the Canadian Market. These internal strengths have led the wireless industry to become what is known as the fastest growing industry in North America and Western Europe.
Traditional telecommunication companies are having a hard time increasing their customer base because of regulatory barriers and availability of mobile technologies (Anwar, 2003). Market capitalization poses a weakness to the industry. However, this trend is more noted in the European and Asia market, and has not impacted Canada the same. During the boom times, telecom companies maintained high market capitalization which signify an industry that is dominated by digital and Internet-related markets and surging consumer demand (Anwar, 2003).
The wireless industry in Canada contributes $39 billion and roughly 300,000 jobs to the economy (CWTA, 2008). With more than $1 billion invested by Canadian wireless carriers in communication infrastructure each year, Canada has become stronger in the investments in the country and its people. The demand for highly skilled wireless communications specialists is so great that Canadian post-secondary institutions are creating programs specifically geared to the wireless industry. Furthermore, the wireless sector offers high value employment with an average salary level of $59,000, compared to a Canadian average salary of $42,640 (CWTA, 2008).
Wireless carriers in Canada now expand their services to 99 percent of Canadians, increasing yearly the mobile phone
Traditional telecommunication companies are having a hard time increasing their customer base because of regulatory barriers and availability of mobile technologies (Anwar, 2003). Market capitalization poses a weakness to the industry. However, this trend is more noted in the European and Asia market, and has not impacted Canada the same. During the boom times, telecom companies maintained high market capitalization which signify an industry that is dominated by digital and Internet-related markets and surging consumer demand (Anwar, 2003).
The wireless industry in Canada contributes $39 billion and roughly 300,000 jobs to the economy (CWTA, 2008). With more than $1 billion invested by Canadian wireless carriers in communication infrastructure each year, Canada has become stronger in the investments in the country and its people. The demand for highly skilled wireless communications specialists is so great that Canadian post-secondary institutions are creating programs specifically geared to the wireless industry. Furthermore, the wireless sector offers high value employment with an average salary level of $59,000, compared to a Canadian average salary of $42,640 (CWTA, 2008).
Wireless carriers in Canada now expand their services to 99 percent of Canadians, increasing yearly the mobile phone
Bibliography: Anwar, S. T. (2003). Vodafone and the wireless industry: A case in market expansion and global strategy. The Journal of Business & Industrial Marketing, 18(2), 270 Beta, B. (2011) Huawei brings strength to Canada’s wireless industry. Retrieved from: http://thenextweb.com/ca/2011/01/19/huawei-brings-strength-to-canadas-wireless-industry/ CWTA Ericsson. (2009). Vision 2020 - 50 Billion Connected Devices - Ericsson. Retrieved February 4, 2011, from Slideshare.net: http://www.slideshare.net/EricssonFrance/vision-2020-50-billion-connected-devices-ericsson Leonard, A NAICS . (2010, 03 17). Retrieved 02 06, 2011, from Statistics Canada: http://stds.statcan.gc.ca/naics- scian/2007/cs-rc-eng.asp?criteria=517210&keyword=wireless&table=2&code_level=