LONDON-Worldwide wireless local area network hardware revenue reached $719.5 million during the second quarter, a 3-percent increase from the previous quarter, according to a quarterly analysis from Infonetics Research.
Infonetics said it expects WLAN hardware revenues to grow 9 percent to $786.2 million by the second quarter of next year.
Unit sales were up 17 percent from the first quarter to 7.9 million, with data mobility driving demand for WLAN products, said Infonetics. The report predicts unit sales will grow 131 percent and revenue to grow 39 percent between 2003 and 2007.
“Wireless LAN switches saw port growth of 49 percent to 50,000 and revenue growth of 38 percent to $39 million between the first and second quarters, due in part to the recent market entrance of several vendors,” said Richard Webb, directing analyst at Infonetics and author of the report. “This is a young market segment, but one we believe has strong potential. We forecast healthy double-digit quarterly port and revenue growth for wireless LAN switches throughout 2004, and high double-digit annual port and revenue growth through 2007.”
The report said Cisco has become the top worldwide revenue market share leader, while Linksys dropped to second place. Cisco acquired Linksys earlier this year, but the company continues to separately report numbers. NetGear remains in third position for worldwide revenue market share.
