Wireless Social Networking Poised to Take Over by 2020
According to iSuppli - an applied market intelligence firm - a revolution in technology is afoot!! In a June 4 article titled, Wireless Social Networking Revolution Poised to Reshape Tech Industry, iSuppli indicates that wireless social networking technologies are poised to generate $2.5 trillion over the next 12 years, and that those companies who jump aboard the wireless social wave now stand to "lead in the technology business," while others may fall behind or become irrelevant.
In the article, iSuppli suggests that, as mobile devices become more embedded in our every day lives, their use as content delivery devices will skyrocket. At the same time, the availability of increased processing power, the expansion of wireless networks, and the ease and speed of wirelessly downloading content will turn the ever-present smart phones, PDAs and cell phones into our primary content viewing devices. And with so many people already turning to their iPhones to download videos from YouTube and following friends via Twitter and Pownce on their cell phones, it's no big leap to think that these devices will soon become central to downloading ALL of our electronic content.
According to iSuppli, the impact of wireless social networking will be felt across all areas of the industry - from semiconductors and processors to memory/storage capacities, devices and software. According to the article, as mobile devices are designed to better accommodate social networking needs, "...semiconductor companies will be compelled to deliver highly integrated processors that combine numerous high-performance, multi-threaded special purpose cores." This means that the expansion of social networking into the mainstream of society and business will generate new business opportunities as companies strive to meet the technological needs of this ever-evolving segment.
So how are businesses that haven't even integrated mobile content-delivery into their business models supposed to stay ahead of the curve when it comes to building wireless social networking into their organizations? The adoption of new technologies can be painstakingly slow, even among technologically-savvy industries; because of this, companies will have to develop a method that simultaneously incorporates mobile marketing and social networking into current business models.
In order to effectively implement wireless social networking, organizations that are currently dedicated to producing, managing and delivering online content need to take social media and social networking with the utmost seriousness. By ignoring the drumbeat of social networks, corporations signal a lack of understanding in regard to the future of technology. After all, social media and social networking are going to go away. The early adopters have already incorporated these technologies into their business models, and it's time for the rest of us to wake up and start letting our users connect to one another on their own terms and via whatever devices they so desire.