The 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 hosted 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.
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https://www.grandviewresearch.com/industry-analysis/wireless-infrastructure-market
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).
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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