This Day On The Street
Continue to site
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

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

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs