Wireless industry set for 'explosive' growth

Shipments of high speed wireless enabled devices are expected to reach 503million by 2018, up more than tenfold from the 49m units anticipated this year.

Market analyst IHS says it expects 'explosive' growth in the sector over the next three years, ranging from 60 to 120%. "Much of the anticipated growth in the high speed wireless industry will be attributed to the increase of both WiGig and multistream Wi-Fi in mobile and home entertainment applications," said Stephanie Gibbons, senior analyst for connectivity at IHS. "In particular, WiGig and multistream Wi-Fi are the two technologies set to drive high speed wireless adoption into key consumer electronics applications." The top three revenue opportunities for suppliers of high speed wireless ics will be smartphones, tvs and mobile pcs, Gibbons noted. By 2018, some 1.7bn high speed wireless ics are expected to ship into these three applications.