Home Networking Market Passes $5 Billion

Infonetics Research's quarterly report "Home Networking Devices" indicates that sales of home networking devices grew 11% in 2010, to $5.15 billion, on the heels of a 46% jump the previous year, with all segments of the market posting increases.Quarter-over-quarter, the home network device market was up just 0.1% in 4Q10 as residential gateway and broadband router sales slowed in Asia Pacific and Central and Latin America after a surge the previous quarter. Pace, which recently acquired 2Wire, now leads the residential gateway market.