According to Companies and Markets’ report “Global WiMax Market Analysis”, WiMax has tremendous potential to offer global standardized broadband wireless platform. Many countries across the globe will adopt WiMax to facilitate rapid economic development. The move to WiMax, a technology that is available for deployment now, will be more preferable than waiting for alternative technologies that may not be available for three or more years. As a result, the number of WiMax users is forecast to grow at a CAGR of over 87% between 2010 and 2012.
Their research also reveals that, by 2012 the Asia-Pacific region will lead the number of global WiMax users accounting for over 45% of the total user base, followed by North America and Europe. Places like Asia-Pacific and MEA are expected to have major growth as these countries are deploying the technology more rapidly. Government support and operators’ initiatives to provide faster internet in remote places is also fostering growth into the WiMax market.
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