Home wireless networking equipment revenues are set to double according to In-Stat. Ethernet LANs have given way to wireless technologies. The market research firm forecasts that equipment revenues from home networking will climb from almost $9 billion in 2004 to over $21 billion in 2009. They further notes that the home wireless market is now dominated by multi-band 54Mbps 802.11g devices, as the number of installed home networks worldwide grew by 13 million from 2003 to 37 million in 2004. The company also finds that home networking equipment is continuing to drop in price while increasing functionality such as wireless and VoIP are being integrated. Silicon prices, higher volumes, and competition have all contributed toward aggressive pricing, says In-Stat.
Ralph Bach has been in IT long enough to know better and has blogged from his Bach Seat about IT, careers, and anything else that catches his attention since 2005. You can follow him on LinkedIn, Facebook, and Twitter. Email the Bach Seat here.