According to a study by the Bureau of Labor Statistics (BLS) each of the top seven fastest growing occupations projected for 2000 to 2010 falls within an IT or computer-related field.
Here’s the breakdown:
- Computer software engineers, applications
- Computer support specialists
- Computer software engineers, software systems
- Network and computer systems administrators
- Network systems and data communications analysts
- Desktop publishers
- Database administrators
A study by the National Science Foundation found that, in 1999, two-thirds of workers who had a bachelor’s degree and held a computer-related job had not majored in IT or computer-related fields.
The Wireless Data Research Group has estimated the market for low-power, low-speed data networks will hit $8 billion by 2007, though it’s likely to start in industrial areas like factory automation and petrochemical processing.
Products based on 802.11g picked up where 802.11b slackened in the second quarter of 2003 and helped maintain strong growth in wireless networking, according to research firm Dell?Oro Group. Worldwide handset shipments in the second quarter grew 19.2 percent, to 118.3 million units, compared with the same period a year ago, according to research firm IDC.
Analysts had speculated that low-power versions of 802.11b chips would be suitable for popular portable devices and, hence, attractive to chipmakers and manufacturers. But the chips? relatively high power consumption was a challenge, and their larger size meant the devices had to be bigger.
Allied Business predicts there will be only a paltry 2,000 laptops with “micro” fuel cells shipped worldwide in 2004.
Four years later, that could spiral upward to 1 million fuel cell laptops and $150 million in revenue, growing to 120 million laptops and $1.2 billion by 2011, the firm predicts.
Prices are expected to run about $200 initially for a fuel-cell battery, compared with anywhere from $120 to $180 for traditional laptop batteries used in the most powerful notebooks.
The worldwide antivirus software market proved to be a primary area for security spending in 2002, achieving $2.2 billion in revenues and representing an impressive 31% increase over 2001. IDC believes growth will continue over the next five years, reaching $4.4 billion in 2007, as protection against virus and worm attacks remains a top priority for corporations and greater awareness fuels consumer spending.
According to IDC, both corporate and consumer spending on antivirus software increased in 2002, with consumer spending actually surpassing corporate spending by 8.5%. IDC believes increasing consumer knowledge regarding attacks and the rise in monthly subscription renewals for virus protection are driving growth in this segment.
Viruses and worms continue to be, by a wide margin, the most common threat facing corporations today. A recent IDC survey of 325 firms across the United States revealed that 82% of respondents have experienced attacks. Over 30% of these organizations reported that the attack was detected but not repelled immediately.
However, just as virus and worm detection technologies become more sophisticated, so do the virus writers. Moreover, worms and viruses are increasingly using Spam techniques ? not just the exploitation of unprotected mail relays to maximize spread, but also the use of social engineering to trick victims into opening malicious files. IDC also believes that new attacks could derive revenue from illegal proliferation of an unauthorized Spam server.
The government gave itself a pat on the back yesterday, claiming that its campaign to bring high speed Internet access to the masses has boosted broadband subscriptions to a record 2.3 million British homes and businesses.
According to UK communications minister Stephen Timms, speaking at the Informal Broadband Council in Italy, broadband access in the UK is growing at its fastest rate ever, with 30,000 new subscribers signing up each week.
Quoting figures compiled by Analysys Consulting for the DTI, the minister added that over three quarters of the population can now receive either cable or DSL access. He vowed that, by 2005, Britain would boast the most extensive and competitive broadband market of any G7 nation. In the G7 the UK is currently ranked third for broadband competitiveness, ahead of US but behind Japan and Canada, and fifth in terms of coverage.
The worldwide disk storage market saw both gains and losses in the second quarter of 2003, according to market researcher IDC.
Global revenue declined to $4.73 billion in the second quarter, down slightly from $4.8 billion in the first quarter and down 3.9 percent compared with the second quarter of 2002. Revenue fell despite 36 percent year-over-year growth in storage capacity to 181.6 petabytes shipped during the second quarter. (One petabyte is equal to a million gigabytes.)
“We saw significant declines in Asia, particularly in Japan,” John McArthur, group vice president of storage research at IDC, said in a statement. “The results are decidedly mixed, providing no indication of a near-term, global recovery in the disk storage systems market.”
Maker Q2 Sales Growth
Nokia $41.2MM 17.3%
Motorola 16.7 -4.0
Samsung 11.3 16.1
Siemens 8.1 -2.0
SonyEricsson 6.3 17.8
LG 4.4 41.3
Others 26.9 13.4
Total 114.9 11.9
The first difference is that mobile phone penetration is significantly higher in Western Europe and Japan than the US or Canada. Mobile penetration averaged 80% in Western Europe at the end of 2002, and ranged from highs of more than 90% in Italy and Portugal to a low of approximately 65% in France, according to data from the International Telecommunication Union (ITU). Thus, mobile penetration in both Canada and the United States at the end of 2002 was lower than the lowest mobile penetration in Western Europe. Japan, at 62% parallels the low end of Western European penetration rates, but is still significantly higher than either the US or Canada.
According to the latest report from Harris Interactive’s YouthPulse service, young people in the US, ages eight to 21, have annual incomes totaling $211 billion as of June 2003, representing an annual spending power of $172 billion.
Harris also finds that 15% of young people’s spending is done online. Specifically, young people between the ages of 13 and 19 spend at the greatest rate of any other age group in what Harris refers to as “Generation Y,” with a rate of $94.7 billion annually.