SOURCE: In-Stat

In-Stat

February 10, 2011 00:31 ET

$4.5 Billion Wireless Data Spend From Healthcare in the US by 2014, Says In-Stat

SCOTTSDALE, AZ--(Marketwire - February 10, 2011) - Immediacy and mobility are primary objectives in healthcare. Medical caregivers seek portable access to data, patients' status, records, diagnostic tools, prescriptions, and medications. Coordinating care, validating patient identity, billing for services, and preventing medical errors all preoccupy professionals and are, at least in part, driving the US healthcare wireless data spending beyond $4.5 billion by 2014, according to new In-Stat (www.in-stat.com) research.

"Growing federal initiatives have increased the emphasis on digitizing records nationwide," says Greg Potter, Research Analyst. "At the same time, disaster response and disease control increasingly require integration with governmental authorities. Add in an aging population, complex insurance company billing, patient identity protection, and drug theft and you have the perfect storm in the pursuit of a digital means to rein in personnel and asset management costs with a highly mobile medical workforce."

Beyond just healthcare, US enterprises in general are continuing their adoption of wireless solutions to business problems. According to In-Stat (www.in-stat.com), mobile 24/7 business imperatives continue to drive enterprises to meet focused demands for wireless voice and data. Access to real-time or near-real-time information for emergency alerts, financial market feeds, accurate price changes, or supply chain snafus are of primary importance for commercial users and provide a return-on-investment for wireless spending.

New spending research on wireless data found:

  • Asset management and conservation carry a demonstrable ROI making them compelling drivers among wireless applications.
  • Smartphones and the burgeoning diversity of mobile apps expand vertical solutions for commercial entities.
  • The retail trade vertical represents 10% of total US wireless spending. Retail shelf stocking, aisle management, inventory control, and order fulfillment increasingly depend on handheld wireless devices. Such devices feed data to software that interfaces with supply chain systems.

The In-Stat research, US Wireless Spending by Vertical Markets: Spending, Drivers, Inhibitors, and Interesting Applications (#IN1004641MCM), looks at nine vertical US industries and one consolidation of US verticals. It presents In-Stat's spending estimates by vertical, by type (voice, data, and handset), and by size of business reflecting US government NAICS categories. Within each vertical, In-Stat discusses each vertical's wireless drivers and presents illustrations of vertical business applications of wireless use.

Forecasts are broken into the following size-of-business segments and sub-segments:

  • SOHO business (1 to 4 employees)
  • Small business (5 to 9 employees, 10 to 19 employees, and 20 to 99 employees)
  • Mid-sized business (100 to 499 employees and 500 to 999 employees)
  • Enterprise (1,000 to 4,999 employees, 5,000 to 9,999 employees, and 10,000 or more employees)

Forecasts are also broken down further into the following vertical markets:

  • Finance and insurance
  • Government
  • Healthcare
  • Information
  • Manufacturing
  • Professional services
  • Retail trade
  • Transportation
  • Utilities
  • Other services

About In-Stat

In-Stat's market intelligence combines technical, market and end-user research and database models to analyze the Mobile Internet and Digital Entertainment ecosystems.

Contact Information

  • Contact:

    Greg Potter
    Research Analyst
    Email: Email Contact
    Phone: (480) 483-4444

    Rick Vogelei
    Marketing Manager
    Email: Email Contact
    Phone: (480) 483-4476