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Market research firm Infonetics Research released excerpts vendor from its latest Home Networking Devices market share and forecast report.
“Tablets, connected TVs, digital media players, and a growing list of other devices are driving sales of home networking devices, and this is nowhere more apparent than in North America, which captured 37 per cent of networking device revenue in 2011,” notes Jeff Heynen, directing analyst for broadband access and video at Infonetics Research. “We expect the demand for broadband peripherals, especially those with integrated MoCA chips, to continue to increase globally as operators in all regions roll out new home automation, energy management, entertainment, and communications services that require high-end networking devices.”
Highlights from the report include:
– Global sales of home networking devices grew 20 per cent in 2011 from 2010, to $7.98 billion
– Infonetics expects a cumulative $43 billion to be spent on home networking devices over the 5 years from 2012 to 2016, as the growth of tablets and other devices in home networks necessitate additional connectivity options
– MoCA (multimedia over coax) embedded STBs, FTTB optical network terminals (ONTs), coax-Ethernet adapters, and WiFi broadband routers are driving growth in home networking device market
– Cable operators and telcos in the US, especially Verizon, are increasingly using MoCA devices to deliver services like whole-home DVR