LAN revenues leap 14.8 per cent over 1998 figures

By Joey Gardiner, 5 November 1999 17:36

NEWS Local area networking (LAN) equipment revenues are to jump 14.8 per cent from their 1998 value, representing a worldwide market worth $2.6bn by the end of this year, according to a report from IDC. The report released this week also predicts that market growth will reach $3.3bn by 2003. The report assigns increase to competitive price pressures and chip integration, as well as an increasing drive for ever-higher specification chips to enable the convergence of voice, data and video transmission over LAN.

Post your comment

In order to post a comment you need to be registered and logged in.

Log in or create your silicon.com account below

Will not be displayed with your comment

By signing up for this service, you indicate that you agree to our Terms and Conditions and have read and understood our Privacy Policy.

Questions about membership? Find the answers in the Membership FAQ