This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Ruckus Wireless Posts Strong Market Share Gains For Indoor And Outdoor Wi-Fi According To New 4Q12 Dell'Oro Wireless Report

Stocks in this article: RKUS

SUNNYVALE, Calif., March 11, 2013 /PRNewswire/ -- Ruckus Wireless, Inc. (NYSE: RKUS) announced today that, in the new 4Q12 Wireless LAN Report published by Dell'Oro Group, the company posted the strongest growth among all wireless vendors of 74% year over year in worldwide total manufacturer revenue for enterprise and outdoor wireless LANs from 2011 to 2012.

(Logo:   http://photos.prnewswire.com/prnh/20121120/MM17393LOGO)

According to the Report, the total market revenues for enterprise and outdoor wireless LANs topped $3.7B (USD), up 23% year over year. Compared to all wireless suppliers within the global market for enterprise and outdoor wireless LAN (WLAN) products, Ruckus realized the largest gain in market share (101%) from 2011 to 2012 relative to units shipped worldwide.

The Dell'Oro report noted that in 2012, the top two wireless LAN vertical markets were education, constituting 24% of the market, and service provider, which made up 14% of the market.  4Q12 revenues for the service provider vertical hit a record $109M (USD), more than double the revenues of 4Q11.  According to the report, Ruckus garnered #2 market share position in the service provider Wi-Fi segment with a 17.0% share of the market by revenue and a 20.6% share by unit shipment in the year 2012.

"Our strong showing in the 2012 Dell'Oro report reflects the global appetite for more mobile connectivity and capacity to address the data traffic tsunami hitting enterprise and service provider networks alike," said Robert Mustarde, VP of Marketing for Ruckus Wireless. 

Smart Wi-Fi Trending Up in North America, Europe and Asia

According to the Dell'Oro Report, in the North American WLAN market, Ruckus realized strong growth in shipments of both its indoor and outdoor Wi-Fi equipment, seeing market share growth from 2011 to 2012 of 72% and 64%, respectively.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs