Wi-Fi Equipment and Support Services to Garner $4 Billion by 2008, says Telecom Trends International

Research firm releases findings from upcoming study
TTI Sponsors Major Wi-Fi Event at Supercomm

Falls Church , VA — May 29, 2003 – Globally, Wi-Fi equipment and support services will garner $4.0 billion in revenue by 2008, according to an upcoming report from Telecom Trends International. The report, “Wireless LANs in the Enterprise ,” says the revenue will grow at a CAGR of 18 percent through the forecast period.

Ashok Kumar, vice president of research, Telecom Trends International, said growth of wireless LANs in the enterprise picked up in 2002, and will continue at an accelerated pace through 2008. Mr. Kumar has an impressive experience of over 20 years in the broadband industry, and manages TTI’s research on Broadband Wireless.

Mr. Kumar said revenue from support services will grow the fastest due to growing Wi-Fi installations. Due to falling equipment prices, on the other hand, the growth of equipment revenue will be relatively slower, he said.

According to the report, Wi-Fi revenue from support services will grow at a CAGR of 47 percent through 2008, followed by Wi-Fi systems which will grow at a rate of 16 percent and Wi-Fi devices which will grow at a rate of 14 percent.

As the chart accompanying this press release shows, Wi-Fi systems will have 50 percent of the share in 2008, followed by Wi-Fi devices which will have 31 percent of the share. The share of Wi-Fi support services will be 19 percent.

In June, TTI plans to release two Wi-Fi reports – one focused on the enterprise and the other on the public domain market.

TTI, a leader in broadband wireless research, has sponsored a Wi-Fi event at Supercomm organized by Telecommunications Industry Association (TIA). TTI’s President, Naqi A. Jaffery, himself an expert on W-Fi will be speaking at the event.

About Telecom Trends International

Telecom Trends International (TTI), a member of Telecommunications Industry Association (TIA), is a leading consulting and market research company that offers expert advice on emerging telecommunications developments. TTI conducts leading-edge research on trends and developments in the telecommunications marketplace, and disseminates that research through published reports, custom projects, briefings, and advisory services. The company performs market analysis, technology assessment, strategic planning, and due diligence.