Overall Wi-Fi market predicted to reach $5.6 billion in revenue in 2012
Research and Markets has added ‘Wi-Fi: The Next Generation’ to its offering. The report provides a comprehensive look at the Wi-Fi marketplace. It looks at market and technology developments, and profiles major vendors. The report is bullish on the prospects of 802.11n. Both enterprise and consumer markets will have healthy growth, with the enterprise revenue surpassing consumer revenue in the next six years.
The report looks at emerging Wi-Fi applications and examines developments in fixed-mobile convergence. The report analyzes developments in horizontal enterprise segments, vertical segments, public hotspot segments, and campus/metropolitan segments. The report provides detailed market forecasts through 2012.
Wi-Fi is poised for widespread adoption in consumer and enterprise market segments over the next six years, according to a market research report released by Telecom Trends International Inc. The report predicts that the overall Wi-Fi market will reach $5.6 billion in revenue in 2012.
“The industry adoption of 802.11n Draft Specification 2.0 will be a major factor in the growth of Wi-Fi,” said Naqi Jaffery, president and chief analyst, Telecom Trends International. “The specification will allow equipment vendors to transition to the final 802.11n standard next year through software upgrades. Offering end-user data rates of well over 100 Mb/s, 802.11n more than quadruples the speeds of Wi-Fi networks.”
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