Global Wimax Market worth $20.4 Billion by 2017 March 2014 | Page 2

The market’s growth curve took an upward turn and the overall market for Wireless Display/Video chipsets (considering all types of technologies) stood at $800 million in 2011, which is expected to grow to more than $1 billion by end of 2012. With huge scope for penetration into smartphones, smart TVs, ultra-books and tablet PCs, this market is expected to grow at a CAGR of 28.03% from 2012 to 2017. In WMAN, focusing specifically on two major technologies, Mobile WiMAX and Mobile LTE (the 4G Cellular Data technologies), Mobile WiMAX chipsets had their commercial birth in 2007 and the market entered into growth-phase by 2010. However, before the market could takeoff, with the commercial launch of Mobile LTE on a minor scale in 2011, Mobile WiMAX faced stiff competition from Mobile LTE, and the preference of the broadband industry shifted to LTE slowly in 2011. Since most economies were still behind on the evolution from 3G and 3.5G and had not yet upgraded to WiMAX, by 2012, the preference of the higher-performance & data-speeds offering Mobile LTE was most optimal for upgrade from previous generation cellular broadband technologies, giving a boost to Mobile LTE chipsets market. With several smartphones creating robust demand for Mobile LTE chipsets such as Apple’s iPhone5 launched in 2012Q4, 2012 has become the break-out year for Mobile LTE. The Mobile WiMAX chipsets market, recorded its highest revenue in 2011, reaching $230 million in 2011, but the revenues are expected to decrease slightly by end of 2012, to $