What is the global market size of Wireless Infrastructure Market?

Wireless Infrastructure Market size was valued at USD 178.56 billion in 2021 and is poised to grow from USD 202.43 billion in 2022 to USD 427.43 billion by 2030, growing at a CAGR of 11.27% in the forecast period (2023-2030).

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

Q: Which region accounted for the largest share in Global Wireless Infrastructure Market?

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.

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

Wireless Infrastructure Market News

In January 2022, The Caisse de dépôt et placement du Québec (CDPQ), based in Quebec City, Canada, purchased approximately 30% of Vertical Bridge Holdings, LLC's minority shares. The company is a US-based operational entity that provides wireless communication infrastructure products and services. The corporation is concentrating on improving its market position in the United States and North America.
In December 2021, Wireless Infrastructure Group invested in 31 Infrastructure Plc, a firm established in the United Kingdom. The 3i has now expanded its effective network throughout the United Kingdom. The company has agreed to buy Arqiva's Indoor Business segment, which specializes in indoor networks like DAS. High Communications Ltd, a wireless infrastructure company based in Ireland, was also bought by the company.

Wireless Infrastructure Market Report Snapshots

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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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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

Wireless Infrastructure Market News

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