Global Wireless Broadband Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Wireless Broadband Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Wireless broadband is telecommunications technology that provides high-speed wireless Internet access or computer networking access over a wide area. Wireless broadband include Hardware, Software Solutions, Services, which are widely used in the Transportation, Energy, Utilities, Finance, Healthcare, Public Safety field.

Market Overview:

The latest research study on the global Wireless Broadband market finds that the global Wireless Broadband market reached a value of USD 8416.06 million in 2022. It’s expected that the market will achieve USD 18106.63 million by 2028, exhibiting a CAGR of 13.62% during the forecast period.

Market Drivers

Fixed wireless broadband uses the radio waves transmitted by cellphone towers to connect user to the internet. This is different from Fiber, ADSL or VDSL broadband which uses phone or fiber cables to connect home to the internet. A key benefit of fixed wireless internet is that it doesn't require a physical cable connection. Instead, it uses an antenna built into the Wireless Broadband Modem. The antenna picks up the radio signals from the closest cell tower. Wireless Internet is usually easier to set up than traditional broadband because cables are not involved. It is usually as simple as plugging in a wireless broadband modem and connecting it. Because there is no physical cable, the wires will not be cut off and disconnected. Unlike the Internet connection on mobile phones, wireless broadband plans usually have more generous data caps. These factors will encourage people to use wireless broadband.
Modern 5G-NR technology makes it more feasible to use wireless broadband as the main home Internet connection than in the past. Advances in cellular wireless technology and underlying networks have reduced many connection problems of traditional 4G LTE mobile broadband. 5G-NR provides extremely high speed in urban areas, which can be compared with dedicated optical fiber links without laying cables in every apartment. It also allows signals with lower wavelength than 4G, which can provide high speed over a longer distance, thus providing better service in rural areas. The increase of spectrum capacity also reduces the problem of network congestion. The emergence of new technologies will bring new development opportunities for Wireless Broadband industry.

Market Development Constraints

Cellular wireless broadband is a high-speed Internet provided by cellular telephone network. Signals are sent and received by the cellular base station, and the cellular base station wirelessly transmits to the modem of the consumer. The modem is either embedded in a mobile phone or an independent device connected to other devices (such as a home computer or a network). Cellular wireless is the most popular form of mobile broadband. There are advantages and disadvantages in using cellphone phone network to surf the Internet. Modems are cheap and easily available, and the cell range is usually good, covering most geographical areas. However, some rural areas may be too far away from the tower and there is no high-speed service. Many devices of many different people connected to a single tower can cause slowness, congestion and loss of service, and most service plans have relatively low data ceilings, which limits their usefulness or makes them expensive to use for multiple devices. In addition, once a certain usage threshold is reached, the cellular wireless broadband plan without data ceiling will greatly reduce the performance.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview

Cambium ,Ericsson ,Gemtek ,Huawei Technologies Co. Ltd. and Nokia Networks are the five key players in the global Wireless Broadband market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Wireless Broadband market in the past 5 years.

Cambium Networks is a leading global provider of wireless broadband solutions that connect the unconnected. Through its extensive portfolio of reliable, scalable and secure WiFi and wireless broadband point-to-point (PTP) and point-to-multipoint (PMP) platforms managed by cloud-based software, Cambium Networks makes it possible for all service providers; enterprises; governmental and military agencies; oil, gas and utility companies; Internet service providers; and public safety networks to build powerful communications networks, reach users from 200 kilometers across mountain tops down to the last meter to their devices and intelligently manage their infrastructure through end-to-end network visibility and actionable analytics. Headquartered outside Chicago and with R&D centers in the U.S., Ashburton, U.K. and Bangalore, India, Cambium Networks sells through a range of trusted global distributors.

Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in information and communications technology for telecommunications service providers and enterprises, including, among others, 3G, 4G, and 5G equipment, and Internet Protocol (IP) and optical transport systems. The company employs around 100,000 people and operates in more than 180 countries. Ericsson has over 57,000 granted patents.

Segmentation Overview:

As for product types, the Hardware segment held the largest market share in 2021.

Application Overview:

By application, the Public Safety segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Wireless Broadband market covered in Chapter 3:

Cambium
Bec Technologies, Inc (Billion Electric)
Nokia Networks
Gemtek
Proxim
Ericsson
Intracom Telecom
Zte Corporation
Huawei Technologies Co. Ltd.
Redline communications
Radwin

In Chapter 4 and Chapter 14.2, on the basis of types, the Wireless Broadband market from 2018 to 2029 is primarily split into:

Hardware
Software Solutions
Services

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Wireless Broadband market from 2018 to 2029 covers:

Transportation
Energy
Utilities
Finance
Healthcare
Public Safety
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)