Icon Media Holdings (OTC ICNM) is a wireless technology solutions company that offers a variety of wireless engineering services as well as Wi-Fi consulting to enterprise-level clients. The wireless market is currently experiencing unprecedented growth and development with seven-figure projections for the in-building wireless market alone. In fact, in-building wireless connectivity has been heralded as the “fourth utility,” presenting a significant opportunity for companies such as ICNM.
The State of the Wireless Industry
The in-building wireless market reached a staggering $4.83 billion in 2015, and research shows that it will likely grow to $16.71 billion by the year 2020. North America represents the largest market for wireless technical services, but wireless interference and other connectivity issues present an opportunity for businesses operating on an international scale as well.
One of the primary reasons behind the explosive growth of the wireless industry is the prevalence of mobile technology, …