According to a new report from IHS (NYSE:IHS), the global market for high-speed wireless-enabled devices is set for explosive growth within the next five years as more consumer electronics products take advantage of rapid wireless transfer capabilities.Annual shipments of high-speed wireless-enabled devices such as smartphones, TV sets and mobile PCs are expected to reach 503 million devices by 2018, up from 49 million units anticipated in 2013. Growth during the next three years is expected to range from 60% to 120%, with expansion during the last two years of the forecast window moderating somewhat to up to 30%.A high-speed wireless-enabled device, as defined by IHS, is one that includes at least one of the following technologies: WirelessHD, WHDI, 802.11ad (WiGig) or multi-stream WiFi (802.11n 3x3 higher or 802.11ac 2x2 and higher). These technologies, in turn, are expected to feature wireless speeds several times faster than that of 802.11n and earlier, which offer speeds between 72 Mbps to 530 Mbps.