Wireless local area network gear revenue totaled close to $5 billion in 2014, an anemic 6 percent year-over-year growth, according to the latest stats from Infonetics Research.
A strong showing in wireless communications chip demand contributed to a solid 5 percent year-over-year growth in the worldwide semiconductor market, which reached $318 billion in 2013, says IHS. This was in marked contrast to 2012, when semiconductor revenue totaled $303 billion, a 2.4 percent drop from 2011.
Mobile device data, and fixed and mobile broadband, will be the most important telecom revenue growth areas over the next few years, driven by higher data usage and increased penetration of smartphones and broadband services, according to a new report by Analysys Mason.
Fueled by smartphone demand and 3G and 4G network deployment, Qualcomm saw its semiconductor revenues soared 29.6 percent in 2012, pushing it from sixth place in 2011 to third place this year, according to the latest stats from market research firm Gartner.
Cisco continued to lead the wireless local area network--or WLAN--gear market, which topped $1 billion in the third quarter, according to the latest stats from Infonetics Research.
ABI Research projects that revenues from two platforms currently dominating the machine-to-machine market, application enablement platforms and connected device platforms, will grow to $3.85 billion by 2017.