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 Insights

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).

Wireless infrastructure is the infrastructure required to make wireless networking possible. Wireless networking is a means of avoiding the costly process of inserting wires into a building, or as a connection between multiple equipment locations and communicating with one another, used by residences, telecommunications networks, and corporate (business) installations.

This market has been bolstered by the positive business outlook for wireless technology devices across demographics. Wireless infrastructure is a collection of fundamental standards such as connectivity principles, connectivity solutions, and communication assets put together as a whole.

Wireless network infrastructure is a comparable word that refers to connections such as SG, 4G & LTE 3G, and 2G that is mostly made up of mobile customers. Bring your device (BYOD) and wear your device (WYOD) trends are driving up demand for high-speed data and speedier connections in the commercial communications sector. In contrast, the wireless infrastructure market will develop in the projected period due to an expansion in the use of satellite-based connectivity for the defense and maritime industries.

US Wireless Infrastructure Market is poised to grow at a sustainable CAGR for the next forecast year.

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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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Global Wireless Infrastructure Market

Report ID: SQSG45I2019

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