The market was worth £103m in the third quarter, following a 14% jump in the second quarter, said analyst Infonetics Research.
Worldwide unit shipments of fixed and mobile Wimax equipment were up 16% in the third quarter, said the analyst.
"In addition to Sprint-Nextel's much-publicised rollout, carriers including Vodafone, Brasil Telecom, Telmex, SK Telecom, Wateen and NTT, among many others, have made a commitment to Wimax, demonstrating that adoption is reaching all corners of the globe," said Infonetics analyst Richard Webb.
"Also, this quarter, the ITU added mobile Wimax as an approved 3G technology into its official IMT-2000 set of standards, consolidating Wimax's position as a technology with a long-term future and posing a more serious challenge to W-CDMA and CDMA2000 1xEV-DO network deployments," said Webb.
With Cisco's entrance into the Wimax market after its acquisition of Navini, the market "is poised for big growth in 2008", Webb said.