Farmington, April 29, 2023 (GLOBE NEWSWIRE) -- The Global Wireless Infrastructure Market Was Valued At $198.68 billion In 2022 And Is Expected To Expand $466.86 billion By 2030 at a CAGR Of 11.27% From 2023 To 2030. Key factors driving the growth of this market include the increasing demand for high-speed internet access, rapid expansion of Internet of Things (IoT)-based electronic devices.
The exponential growth of data utilization on electronic devices such as defence electronics, mobile phones, and rugged desktops is the primary driver of demand for wireless networks. In the coming years, mobile data traffic is projected to increase exponentially due to the prevalence of internet-connected devices.
Request Sample Copy of Report “Wireless Infrastructure Market Size, Share & Trends Estimation Report By Connectivity Type (2G/3G, 4G, 5G) By Infrastructure (Macrocell Radio Access Networks (RAN), Small Cells, Remote Radio Heads (RRH), Distributed Antenna Systems (DAS), Cloud RAN, Carrier Wi-Fi, Mobile Core, Backhaul) By Platform (Commercial, Government & Defence) By Region, And Segment Forecasts, 2023 - 2030”, published by Contrive Datum Insights.
Segmentation Overview:
Connectivity Type:
During the forecast period, 5G is anticipated to experience the highest growth rate. The global demand for 5G technology is being driven by the next-generation technology's high speed, broader connection, and low latency. 4G technology, which requires effective wireless internet service and consumes a substantial amount of data, does not meet the needs of customers. The increased demand for wireless services and intelligent devices requires the implementation of 5G technology to expand network capacity. It is anticipated that an increase in government initiatives, particularly those involving the digitalization of marine and defense infrastructure, will increase demand for satellite connections.
Infrastructure:
The macrocell industry is anticipated to have the largest market share for heterogeneous network infrastructure. Macrocell locations provide extensive network coverage for 4G and 5G-capable devices. Additionally, it is used to enhance 4G and 5G coverage on smartphones, mobile devices, and Internet of Things devices. In urban and suburban areas, the wireless infrastructure is primarily composed of macrocells with a range of 20 to 30 kilometers.
End-User:
End-user industries in the commercial and government & defense sectors are driving the expansion of the global wireless infrastructure market. The majority of market share was held by the commercial segment, which is expected to expand rapidly during the forecast period. Among the significant factors is the increasing number of consumers in Asia-Pacific emerging economies such as China, India, and others. The government & defense sector is anticipated to grow rapidly as a result of rising government spending to bolster the capabilities of the military and maritime sector. The majority of countries are modernizing their communication and satellite systems, which is expected to contribute to the market's growth in the coming years.
Regional Analysis:
According to the study, North America held the largest market share in 2021. This is due to the presence of a large number of manufacturers and service providers in the region, which can be attributed to the large number of consumers and defense users who support durable products. Expansion beyond the expected time frame.
Due to the presence of major manufacturers and technology titans such as Inmarsat plc, Ericsson, Three UK, and Deutsche Telekom, Europe accounted for the second largest share of the wireless infrastructure market in 2021.
Our market research indicates that the Asia-Pacific region will expand rapidly in the coming years due to a substantial increase in commercial mobile customers and Internet users in developing nations such as India and China.
In addition, the market in the Middle East is expected to grow at a significant CAGR due to the region's large number of mobile consumers. It is anticipated that the region's tourism industry will expand, thereby expanding the Middle Eastern market. In addition, it is anticipated that the global increase in wireless communication devices will accelerate the expansion of markets in the remaining regions.
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Scope of Report:
| Report Attributes | Details |
| Growth Rate | CAGR of 11.27% from 2023 to 2030. |
| Revenue Forecast by 2030 | USD 466.86 billion |
| By Connectivity Type |
|
| By Infrastructure |
|
| By Platform |
|
| By Companies |
|
| Regions and Countries Covered |
|
| Base Year | 2022 |
| Historical Year | 2017 to 2022 |
| Forecast Year | 2023 to 2030 |
Market Dynamics:
Restraining Factors:
• The expansion of the market is hindered by the complexities associated with wireless infrastructure system and design architecture development
Manufacturing firms are primarily concerned with the distribution and coverage of connectivity. The introduction of new products and technological advancements are likely to stimulate demand for wireless infrastructure. Concerns regarding the design and development of such infrastructure, connectivity issues, and delays in standardization impede the expansion of the market. The rapid expansion of large-scale wireless networks raises significant concerns, such as network breaches and data privacy breaches, which inhibit the market's growth. In addition, obstacles such as gates, walls, and people prevent the transmission of wireless signals. These obstacles result in degraded wireless communication, which can sometimes lead to its complete loss. The strength of wireless signals is proportional to their range and the location of their receivers.
The high costs associated with the design and development of wireless infrastructure components such as sensors, transmitters, receivers, and processors, among others, inhibit the expansion of the market. In addition, wireless transmission can be slower and less efficient than wired networks, hindering market expansion.
• Coverage of Successful Deployment and Connectivity
Deployment and connectivity coverage are of paramount importance for manufacturing companies. The creation of new products and technological advancements are likely to increase demand for wireless infrastructure. There are a number of significant concerns in the design and development of these infrastructures, such as connectivity issues and standardization delays, which hinder the expansion of the market. The rapid expansion of large-scale wireless networks raises significant concerns, such as network breaches and violations of data privacy, which inhibit the market's growth. In addition, obstacles such as gates, walls, and people impede the transmission of radio signals. These disturbances can degrade the quality of radio communication and, at times, disrupt it entirely. The signal strength is dependent on the receiver's distance and location.
The high costs associated with the design and development of various wireless infrastructure components, such as sensors, transmitters, receivers, and processors, among others, hinder the market's expansion. Moreover, wireless transmission is slower and less efficient than wired networks, which may inhibit market expansion.
• High power consumption
The high power consumption of wireless infrastructure is an additional factor restraining the wireless infrastructure market. Base stations and other infrastructure components consume considerable quantities of energy. This is a major concern for operators seeking to deploy new infrastructure in remote areas with limited power supply.
Opportunity Analysis:
• Enhanced High-Tech Infrastructure Implementation in Diverse End-Use Industries Will Face Robust Obstacles
In response to the demand for faster information transmission, numerous end-use industries have upgraded their communication networks and high-tech infrastructure. Globally, industry verticals such as Telecom & IT and BFSI are implementing wireless infrastructure and communication solutions to enable businesses to operate uninterruptedly and carry out daily tasks efficiently.
Key Segments Covered:
Top Market Players:
- 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)
By Connectivity Type:
- 2G/3G
- 4G
- 5G
By Infrastructure:
- Macrocell Radio Access Networks (RAN)
- Small Cells
- Remote Radio Heads (RRH)
- Distributed Antenna Systems (DAS)
- Cloud RAN
- Carrier Wi-Fi
- Mobile Core
- Backhaul
By Platform:
- Commercial
- Government & Defence
Regions and Countries Covered
- North America: (US, Canada, Mexico, Rest of North America)
- Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
- Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
- The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
- Latin America: (Brazil, Argentina, Rest of Latin America)
- Rest Of the World
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