Wireless Infrastructure Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Wireless Infrastructure Market
The global wireless infrastructure market size was valued at USD 178.56 billion in 2021 and is projected to grow from USD 202.43 billion in 2022 to USD 427.43 billion by 2029, exhibiting a CAGR of 11.27% during the forecast period of 2024-2032.
The COVID-19 pandemic boosted the wireless infrastructure market because of accelerated demand for connectivity from far-flung work and online services. This led to expanded investments in 5G deployment and stepped forward broadband entry. However, supply chain disruptions and teams of workers demanding situations precipitated delays in infrastructure improvement, affecting the wireless infrastructure market growth.
The wi-fi infrastructure marketplace is driven by the growing call for excessive-pace net and mobile connectivity, propelled by the upward push of smartphones, IoT devices, and 5G networks. Government initiatives assisting virtual transformation and investments in intelligent town tasks contribute to the market increase.
5G network deployment is a leading fashion within the wireless infrastructure marketplace, presenting appreciably faster speeds and lower latency. This permits improving recent programs and offerings, including excessive-definition video streaming, virtual truth, and autonomous vehicles, expanding the wireless infrastructure market share globally. To aid those stressful packages, dense network deployments related to small cells and different infrastructure additives are essential to make specific sizeable and dependable 5G insurance.
Comprehensive Analysis of Wireless Infrastructure Market
The wi-fi infrastructure marketplace is segmented using connectivity type, infrastructure, and platform. The connectivity ports include 5G, 4G & LTE, 3G, 2G, and satellite, with 5G expected to grow swiftly because of its excessive pace and low latency. Infrastructure is categorized into SATCOM, macro cells, Radio Access Network (RAN), small cells, and others, with macro cells predicted to dominate for his or her big coverage talents. Lastly, the platform phase contains commercial and authorities & defense sectors, with the latter leading in marketplace proportion and projected to increase notably as governments put money into military and maritime conversation modernization.
The North America region led the wireless infrastructure market by benefitting a size of USD 66.53 billion in 2021 due to the presence of many producers and carrier companies.
The leading players in the wireless infrastructure market significantly shape its growth trajectory and set industry standards. Key players, including Capgemini Engineering (France), Ciena Corporation (U.S.), Cisco Systems, Inc. (U.S.), D-Link Corporation (Taiwan), Fujitsu (Japan), Huawei Technologies Co., Ltd. (China), NEC Corporation (Japan), NXP Semiconductor (Netherlands), Qualcomm Technologies Inc. (U.S.), ZTE Corporation (China), Telefonaktiebolaget LM Ericsson (Sweden), Nokia (Finland), SAMSUNG (South Korea), and Mavenir (U.S.), contribute to a competitive landscape, driving innovation and market advancement.
In April 2022, Cisco Systems Inc. Telenor Group has entered right into a Joint Purpose Agreement (JPA) geared toward improving communities by providing progressed and extra secure net access.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2018-2029
Base Year 2021
Estimated Year 2022
Forecast Period 2022-2029
Historical Period 2018-2020
Unit Value (USD Billion)
Segmentation By Connectivity Type, Infrastructure, Platform, and Geography
By Connectivity Type
5G
4G & LTE
3G
2G
Satellite
By Infrastructure
Small Cells
Mobile Core
Macro-cells
Radio Access Network
Distributed Antenna System
Cloud RAN
Carrier Wi-Fi
Backhaul
SATCOM
By Platform
Government & Defense
Government Institutions/Agencies
Homeland Security
Defense
Commercial
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