Global WiMAX Equipment to Touch $6.9 Billion in 2014: Infiniti Research

The global WiMAX (News - Alert) equipment market will grow to $6.9 billion in 2014. Investment in unlicensed WiMAX spectrum will be one of the key factors contributing to this market growth, according to market intelligence firm Infiniti Research 's report “Global WiMAX Equipment Market 2010-2014.”

The WiMAX equipment market is experiencing fast evolution of several WiMAX technologies. However, the high cost of WiMAX equipment could be a challenge to the growth of this market, according to the Infiniti report.

Key WiMAX equipment vendors dominating this market space include Alvarion, Alcatel-Lucent (News - Alert), Motorola, Huawei and Samsung.

The research agency prepared the report based on an in-depth analysis of the market with inputs from industry experts. The report focuses on Americas, APAC and EMEA and covers the present market and the future growth of the global WiMAX equipment market.

The report tried to address the market size in 2014 and growth rate, key trends, market drivers, challenging in the marketplace, opportunities for key vendors, and the strengths and weaknesses of each of these key vendors.

MarketResearch.com added TechNavio's Global Wi-MAX Equipment Market 2010-2014 to their collection of Broadband market reports.

Recently, Infonetics Research, an independent research firm, announced that the WiMAX market will continue to defy the TD-LTE (News - Alert) doomsayers with the revenue growing. The combined worldwide WiMAX equipment and device revenue totaled $355 million in third quarter 2010, up 8 percent from second quarter 2010, and up 9 percent from the recession-weakened third quarter 2009.

In 12 months, from 2009 to 2010, the number of WiMAX subscribers worldwide is more than doubling, from 3 million to more than 7.5 million. In November 2010, the WiMAX Forum (News - Alert) reported that there are 587 WiMAX networks being deployed in 148 countries, in addition to 150 WiMAX trials in progress.