Wireless Franchises

The wireless industry has seen a sharp increase in users over the last decade it is estimated that the number of smartphone users has grown to more than 224.3 million users, over the next decade the total users could reach as high as 2 billion. The wireless annual revenue in the telecommunication industry tops $256 billion in the United States alone. The average smartphone cost now around $650, for premium models such as the latest iPhone and Samsung models prices can range in the $1200 area. J.D. Powers reports that the average family will spend on wireless phone services have increased to $364 from $308 for both individual and family plans. Now more users are on their device more than ever, the average US adult spends around 73.8 hours a month on smartphone apps, that's a staggering 2 hours, 30 minutes a day. Wireless and mobile users are now using their devices to make an online purchases. A mobile web study conducted by Forresters found smartphones were used in more than $1 trillion dollars of total U.S. retail sales buying products in 2018. Wireless franchises should remain a strong investment due to the growth of the industry. Wireless franchise opportunities are currently available for entrepreneurs and business owners who are looking for a profitable business investment that provides solid growth and continual ROI. Franchises in the wireless industry tend to have a high cash flow and maintain a lower profit margin due to the competition on the market. There is currently a small group of wireless, mobile and phone franchise listing opportunities at Franchise Clique, use our directory listing to do your research. At Franchise Clique, we are proud to present a variety of retail wireless franchise opportunities in our listings. Find your next investment today!