Global Wireless Infrastructure Market

Wireless Infrastructure Market Size, Share, Growth Analysis, By Connectivity(5G, 4G, 3G, 2G), By Infrastructure(Radio Access Network (Ran), Small Cell, Satcom, Macro Cell), By Platform(Commercial, Government & Defence), By Region - Industry Forecast 2024-2031


Report ID: SQSG45I2019 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 97 | Figures: 76

Wireless Infrastructure Market Regional Insights

The global wireless infrastructure industry is expected to be dominated by the North American region. The rapid penetration of LTE and 4G services in industrialized countries such as the United States and Canada is credited with the company's market dominance. In the enterprise market in the United States, wireless device adoption is estimated to be over 95%. The move toward high-speed connectivity in the healthcare sector for video streaming surgeries is projected to propel the wireless infrastructure market forward.

The Asia Pacific region, on the other hand, is expected to be a major player in the global wireless infrastructure market. India has the world's largest Business Process Outsourcing (BPO) market, which necessitates extensive wireless infrastructure. The expanding global economy and growth into new markets have encouraged businesses to expand quickly. Enterprises are turning toward high-speed data solutions to handle higher volumes of data daily, allowing them to easily transfer data across multiple verticals and nations. Furthermore, a surge in workplace mobility, which allows workers to work from anywhere using their preferred wireless devices and platforms, has resulted in a higher demand for wireless communication.

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FAQs

Wireless Infrastructure Market size was valued at USD 178.56 billion in 2019 and is poised to grow from USD 202.43 billion in 2023 to USD 427.43 billion by 2031, growing at a CAGR of 11.27% in the forecast period (2024-2031).

The dominance of these firms can be attributed to their comprehensive wireless product range of hardware, software solutions, and equipment, as well as considerable expenditure on R&D and strategic acquisitions. These businesses are pursuing a variety of growth methods, including mergers and collaborations. The companies are concentrating their efforts on new product development, product launch, long-term contracts with service providers, and long-term partnerships with OEMs, all of which will help them strengthen their position in the wireless industry. 'Huawei Technologies Co. Ltd.', 'Ericsson', 'Nokia Corporation', 'ZTE Corporation', 'Samsung Electronics Co. Ltd.', 'Cisco Systems, Inc.', 'CommScope Holding Company, Inc.', 'Fujitsu Limited', 'NEC Corporation', 'Juniper Networks, Inc.', 'Motorola Solutions, Inc.', 'Corning Incorporated', 'Ciena Corporation', 'Hewlett Packard Enterprise Development LP', 'ARRIS International plc', 'Telefonaktiebolaget LM Ericsson', 'Intel Corporation', 'Extreme Networks, Inc.', 'Arista Networks, Inc.', 'RAD Data Communications Ltd.'

The demand for high-speed Internet connectivity has prompted the expansion of wireless infrastructure.

Due to the economic slump and other related issues, the novel coronavirus pandemic has created unprecedented obstacles to many corporate activities. Due to 5G hardware delays and supply chain interruptions, 5G may suffer short- and medium-term setbacks. The wireless infrastructure industry's progress is likely to be hampered shortly due to a little halt in 5G deployment due to the pandemic.

The wireless infrastructure industry is expected to be dominated by the North American region. The rapid penetration of LTE and 4G services in industrialized countries such as the United States and Canada is credited with the company's market dominance. In the enterprise market in the United States, wireless device adoption is estimated to be over 95%. The move toward high-speed connectivity in the healthcare sector for video streaming surgeries is projected to propel the wireless infrastructure market forward.

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Global Wireless Infrastructure Market

Report ID: SQSG45I2019

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