Parks Associates: Market for Wireless Multimedia Networking to Exceed 50 Million Units by 2010

Business Wire, Dec 14, 2006

Next-Generation Wi-Fi[R] and Ultra-Wideband (UWB) Solutions Technologies Will Spur Growth

DALLAS -- Industry adoption of next-generation specifications will provide a substantial boost to the market for wireless multimedia networking, prompting growth in excess of 50 million wireless network devices by 2010, according to The Wireless Multimedia LAN: Requirements and Outlook. This new report from Parks Associates predicts that annual sales and shipments of wireless multimedia-capable devices, including home networking gears, personal computers, and fixed and mobile consumer electronics, will grow from 2.5 million units in 2006 to nearly 52 million units by year-end 2010, due in large part to standardization in the market.

"Multiple factors are driving the move by both manufacturers and service providers in embracing wireless connectivity," said Kurt Scherf, vice president and principal analyst with Parks Associates. "Service providers are looking for greater ownership in developing home networking solutions, operators need to reduce CAPEX costs in deploying home networking equipment, new content services are on the rise, and consumers are invariably in favor of eliminating cables. These are all positive signs that the 802.11n and WiMedia solutions - among the many home networking options - will continue to drive growth in new home networking applications."

The Wireless Multimedia LANs: Requirements and Outlook is a comprehensive industry report that probes the features and applications of next-generation Wi-Fi 802.11n technology, examines market requirements for wireless multimedia networking, compares and contrasts competing technologies, analyzes industry issues and the competitive landscape, and predicts market size and demand for a variety of wireless multimedia applications, including home networking equipment, computers, and fixed and mobile entertainment CE devices.

For additional information on The Wireless Multimedia LANs: Requirements and Outlook, visit http://www.parksassociates.com or contact 972-490-1113 or sales@parksassociates.com.

About Parks Associates: Parks Associates is a market research and consulting firm focused on all product and service segments that are "digital" or provide connectivity within the home. The company's expertise includes home networks, digital entertainment, consumer electronics, broadband and Internet services, and home systems.

Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, multiclient studies, consumer research, workshops, executive conferences, and custom-tailored client solutions. Parks Associates is also a reliable resource for industry, local, national and international press, providing data, analysis, and insight on all aspects of the "digital living" markets.

Parks Associates hosts several fall events and co-hosts CONNECTIONS[TM] and CONNECTIONS[TM] Europe (in partnership with the Consumer Electronics Association) each year. In addition, Parks Associates produces the publication Industry Insights two times per year in conjunction with the CONNECTIONS[TM] Conference series.

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