Wireless Infrastructure Market Size, Share, Growth, Trends and Industry Analysis Report
by Susan Hill Business ConsultantThe global wireless infrastructure market size is expected to
reach USD 116.75 billion by 2025, according to a new report conducted by Grand
View Research, Inc., exhibiting a CAGR of 5.7% during the forecast period.
Enterprises have been shifting to host and managed networking and communication
services as these address problems of high initial investments associated with
unified communications systems. Small and mediums businesses (SMBs) and larger
enterprises have realized the benefits of network infrastructures, thereby
fueling market growth.
Growing demand for enterprise mobility is expected
to favorably impact the market, particularly in the telecom application area,
over the forecast period. The healthcare sector is also expected to be a
fast-growing sector, owing to high-quality data transmission and connectivity
enabling enhanced patient care and video collaborations resulting in reductions
in healthcare costs.
The imminent telecom and network infrastructure era
is likely to witness colossal growth opportunities attributable to the
persistent era of BYOD, WYOD, cloud computing, Artificial
Intelligence (AI) in telecom applications, and an era of 4G, LTE, and 5G
high-speed data connectivity network infrastructure capabilities.
The market can be categorized based on technology
into Macrocell RAN, Small Cells, RRH, DAS, Cloud RAN, Carrier Wi-Fi, Mobile
Core, and Backhaul. The Macrocell RAN technology segment is anticipated to
dominate the market in terms of size, as a principal contributor to the overall
revenue by 2025. The segment is expected to, however, register a slow growth
rate on account of increasing adoption of its technologically advanced HetNet counterparts
in the years to come. The healthcare sector is expected to be an emerging
revenue pocket for wireless infrastructure solutions with increasing focus on
networking technologies.
Further
key findings from the report suggest:
- North America, being a densely populated commercial hub, dominated
the global wireless infrastructure market in terms of revenue in 2016.
Favorable government policies, regulations, and subsidies are driving the
growth of the network and telecom infrastructure sector in the region
- Increasing need for high-speed mobile Internet and 4G connections is
expected to accelerate LTE deployments worldwide
- Rising investments by operators to deploy high-speed networks are
expected to drive the number of Mobile Broadband (MBB) connections over
the forecast period
- Key industry participants include Huawei Technologies Co., Ltd.
(Shenzhen, Guangdong); Qualcomm Technologies, Inc. (U.S.); Samsung
(Japan); Ericsson (Sweden); and ZTE Corporation (China).
Access
full research report on global wireless infrastructure market:
www.grandviewresearch.com/industry-analysis/wireless-infrastructure-market
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Created on Jan 28th 2020 07:27. Viewed 559 times.