WiMAX begins to gain momentum
The WiMAX broadband wireless access technology is expected to begin gathering momentum in the Asia/Pacific region, with WiMAX services revenues estimated to grow from $US58 million in 2007 to $US5.46 billion by 2012, according to Springboard Research. That growth translates to a compounded annual growth rate (CAGR) of 148 per cent for the period.
Springboard estimated the number of WiMAX subscribers will grow from 230,000 in 2007 to 33.9 million by 2012. Mobile WiMAX services are estimated to garner a significant majority of revenues and subscribers compared to fixed WiMAX services during the forecast period.
Springboard analysts also predicted that India and Japan will be the largest markets for WiMAX in the region by 2012, with an estimated 35.7 per cent, and 16.9 per cent share, respectively, of the total regional market, followed by Pakistan and China.
