WiFi Market to Reach $29.3 Billion by 2008

“The report expects revenue from spending on wireless capital expenditures for Wi-Fi and WiMAX to reach $22.3 billion in 2005 and climb to $29.3 billion by 2008, a 7.1 percent annual gain.

“With the Wi-Fi and WiMAX markets expanding rapidly, we will begin to see more demand for mobile broadband and broadband connectivity,” said Matthew Flanigan, president of TIA. “Major carriers such as SBC, Verizon and Sprint have already announced deals to expand the number of hot spots and to broaden their networks. It is likely that both of these markets will stimulate the overall broadband market to the benefit of all technologies.””

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