The global wireless infrastructure market share is projected to reach USD 249.87 Billion by 2026 on account of the increasing adoption of 5G technology worldwide. Wireless infrastructure is a total combination of key standards such as connectivity solutions, connectivity principles, and communication assets. As per a recently published report by Fortune Business Insights™ titled, “Wireless Infrastructure Market Size, Share and Industry Analysis by Connectivity Type (5G, 4G & LTE, 3G, 2G, and Satellite), By Infrastructure Type (Small Cells, Mobile Core, Macro-cell, Radio Access Networks (RAN), Distributed Antenna System (DAS), Cloud RAN, Carrier Wi-Fi, Backhaul, and SATCOM), By Platform (Government & Defense, Commercial), and Regional Forecast,2019- 2026,” the market value stood at USD 121.80 billion in 2018 and will exhibit a CAGR of 9.2% between 2019 and 2026.
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Objectives of the Report
The report provides a 360-degree overview of the market and its prime growth parameters such as restraints, drivers, upcoming opportunities, and challenges. It also provides details of the market segmentation table based on factors such as connectivity, infrastructure, platform, and region. The report provides insights into the market, significant industry developments, and current wireless network infrastructure market trends. In addition to this, the report highlights the competitive landscape of the market, base and predicted market figures, the list of players functioning in the market, and the main strategies adopted by them to stay ahead of the market competition. The report is available for sale on the company website.
Market Drivers
Advent of Digitalization in Various Sectors will Drive Market
The increasing penetration of the internet of things worldwide is the key factor propelling the wireless infrastructure market growth. This, coupled with the advent and the increasing popularity of 3G, and 4G technology is also boosting the market. In addition to this, the rapid adoption of IoT based electronic devices and the rise in mobile data traffic will also help the market gain impetus in the future. Moreover, the advent of digitalization in other industries such as aerospace and defense and others are also projected to aid in the expansion of the wireless infrastructure market in the forecast period.
On the contrary, the need for large capital investment and the complex design and architecture of wireless network systems may pose a major hindrance to the market. Nevertheless, the increasing demand for high-speed internet data connectivity will create lucrative growth opportunities for the market in the coming years.
Regional Segmentation:
Increasing Number of Internet Users will Help the Asia Pacific Earn Significant Revenue
Regionally, North America earned the dominant heterogeneous network infrastructure market share with a revenue of $43.0 billion earned in 2018. Growth of this region is attributable to the presence of large manufacturing companies and service providers in the region. Europe ranks second owing to the presence of technology giants such as Ericson, Deutsche Telekom, and Three UK, among others. The Asia Pacific market on the other side is likely to witness significant growth in the coming years on account of the notable rise in internet users and commercial mobile subscribers in emerging nations such as China and India. Furthermore, the market in the Middle East and Africa is expected to rise at a significant CAGR in the forecast period on account of the rising growth of the tourism sector and the expansion of this market in the entire region.
Competitive Landscape:
Company Collaborations will Bode Well for Players
A handful of players are holding a significant position in the global wireless infrastructure market. These include companies such as NEC Corporation, Qualcomm Technologies Inc., ZTE Corporation, and Huawei Technologies Co., Ltd. Growth of the companies mentioned above is attributed to the presence of a diverse portfolio of wireless products, hardware, software solution, and equipment coupled with the massive investments on R & D. Besides this, players are engaging in mergers and acquisitions, joint ventures, contracts and agreements, and other collaborative efforts to attract high wireless infrastructure market revenue in the forecast duration.
List of Notable Wireless Network Infrastructure Market Manufacturers include:
- Ciena Corporation
- D-Link Corporation
- Huawei Technologies Co., Ltd.
- NXP Semiconductor N.V.
- ZTE Corporation
- Altran Technologies.
- Cisco Systems, Inc.
- Fujitsu Ltd
- NEC Corporation
- Qualcomm Technologies Inc.
- Other Vendors
Major Industry Developments of the Heterogeneous Network Infrastructure Market include:
October 2018 – The UK-based company 3i Infrastructure Plc received investments from Wireless Infrastructure Group for an efficient network system across the UK region.
April 2019 – 30% minority stakes in Vertical Bridge Holdings LLC was purchased by Caisse de Depot et Placement du Quebec for enhancing their market position in the North American market.
Information Source :- https://www.fortunebusinessinsights.com/wireless-infrastructure-market-102741
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