Business gateways to generate $1.2 bln in 2004

Over the next 12-24 months, In-Stat/MDR anticipates that a new breed of small business and branch office multi-service devices will emerge. Designed to support multi-services from the ground up, these devices will form a new product segment defined by In-Stat/MDR as the Business Gateway that could be responsible for turning the networking equipment industry upside down. The high-tech market research firm forecasts that the Business Gateway market will grow from $1.2 bln in 2004 to $16.6 bln in 2008.