Infonetics: WiMAX gear market reached $290M in 3Q

Infonetics Research reported that the worldwide WiMAX equipment and­ device market reached more than $290 million in the third quarter, up 11 percent on a sequential basis.

Richard Webb, Infonetics' directing analyst for WiMAX, said the firm expects steady growth in the WiMAX market over the next four quarters as the ecosystem begins to take shape and more devices come to market.

"Operators such as Yota in Russia and P1 in Malaysia are producing notable successes, and Clearwire posted encouraging results recently, so WiMAX has solid operator proof-points to demonstrate its viability," Webb said.

The firm forecasts the global WiMAX equipment and device market will reach $4.97 billion by 2013.

For more:
- see this cellular-news article

Related articles:
Stop fanning the WiMAX vs. LTE flame
Sprint cuts price on mobile WiMAX service
Intel pushes mobile WiMAX along in Japan

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceWireless!

The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go.