To: Mang Cheng who wrote (27314 ) 2/2/1999 9:34:00 AM From: Moonray Read Replies (1) | Respond to of 45548
U.S. Home Networking Market to Grow Over 600% by 2003 According to Leading Research Firm, Cahners In-Stat Group; New Market Opportunities to Effect Multiple Industries BW - 08:05 a.m. Feb 02, 1999 Eastern NEWTON, Mass.--(BUSINESS WIRE)--Feb. 2, 1999--According to Cahners In-Stat Group, the home U.S. HOME NETWORKING MARKET TO GROW OVER 600% BY 2003 network will become a reality throughout this year and into the millennium as it moves beyond the domain of Silicon Valley hobbyist to mainstream use. From a market that barely exists today, the U.S. home networking market will reach $1.4 billion by 2003. Multiple PC households lead the charge. The number of multiple PC households in 1999 will by 21 million, with 12% of these having some form of home network installed. Single PC households make their mark. Contrary to the popular belief, home networking growth will come not only from multiple PC households but single PC households as well. The number of single PC homes with some form of network will increase from under 1% in 1999 to 9% in 2003. "We believe that the home network will not be confined within a PC-to-PC context," according to Mike Wolf, industry analyst for Cahners In-Stat Group. "As set top boxes and other gateways begin to distribute high-speed content throughout the home in new ways, and TV-to-PC connectivity begins to see higher acceptance with the availability of new cross platform products, single PC homes become a viable market for home networking vendors." Internet usage and the desire to distribute its content throughout the home is the primary driver for the boost in home networking. Also driving demand over the next few years will be the increased number of multiple PC homes, the home office market and the push by PC and consumer electronic manufacturers looking for ways to create new revenue opportunities. Thus, the growth in the home networking market creates new market and sales opportunities across multiple industries including traditional networking vendors, PC OEMs, consumer electronics companies and silicon providers. Home Networking: Markets, Technologies and Vendors, is a comprehensive report that includes a home networking market analysis, a technology review and an analysis of the home networking companies such as Intel, Microsoft and 3Com that are leading the market. It is co-authored by networking analyst Mike Wolf and multimedia analyst Mike Paxton. Cahners In-Stat Group is a high-technology market research firm covering the consumer and convergence, networking, wireless, telecommunications, Internet and semiconductor markets. Headquartered in Newton, Mass., offices are also located in Scottsdale, Ariz. and San Jose, Calif. Cahners In-Stat Group is part of Cahners Business Information, the largest publisher of specialized business publications in the United States, and a division of Reed Elsevier. Visit Cahners In-Stat Group online at cahnersinstat.com . Copyright 1999, Business Wire o~~~ O