Wireless Infrastructure Market To Reach $427.43 By 2029 | At a CAGR of 11.27% – GlobeNewswire | Region & Cash

PUNE, India, July 27, 2022 (GLOBE NEWSWIRE) – The global Wireless Infrastructure Market The size was $178.56 billion in 2021. The market is expected to grow from $202.43 billion in 2022 to $427.43 billion in 2029 at a CAGR of 11.27% over the forecast period. Fortune Business Insights™ has these inputs in his latest research paper entitled “Wireless Infrastructure Market, 2022-2029.”

According to the analysis, the increasing demand for high-speed data in the residential and commercial sectors will trigger investments in emerging and developed markets. A notable trend towards satellite-based connectivity for the naval and defense sectors will encourage investment in the portfolio. Bullish investments in 5G could offer promising growth opportunities over the next few years.

Effects of COVID-19

5G Deployment Witness Disruptions Amid Pandemic

Supply chain disruptions in major economies have had a clear impact on the deployment of 5G. Leading companies have postponed or canceled their projects. Meanwhile, robust policies favored 5G adoption and business automation. The expansion of wireless infrastructure was evident as companies struggled to meet the challenges posed by the COVID-19 pandemic.

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Key Players Profiled in the Report:

  • Capgemini Engineering (France)
  • Ciena Corporation (USA)
  • Cisco Systems, Inc. (USA)
  • D-Link Corporation (Taiwan)
  • Fujitsu (Japan)
  • Huawei Technologies Co.,Ltd. (China)
  • NEC Corporation (Japan)
  • NXP Semiconductor (Netherlands)
  • Qualcomm Technologies Inc. (USA)
  • ZTE Corporation (China)
  • Telefonaktiebolaget LM Ericsson (Sweden)
  • Nokia (Finland)
  • SAMSUNG (South Korea)
  • Mavenir (USA)

Scope and segmentation of the report:

report attribute details
Market size value in 2022 $202.43 billion
Sales forecast 2029 $427.43 billion
growth rate CAGR of almost 11.27% in 2022-2029
base year 2021
historical years 2018-2020
Expected years 2022- 2029
Covered Segments After platform analysis, After infrastructure analysis
Forecast Units Value (Billion USD) and Volume (Units)
Quantitative Units Revenue in USD mn/bn and CAGR from 2022 to 2029
Regions Covered North America, Europe, Asia Pacific, South America, Middle East & Africa and Rest of World
Countries Covered USA, Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC countries and South Africa, among others
Number of companies covered Capgemini Engineering (France), Ciena Corporation (USA), Cisco Systems, Inc. (USA), D-Link Corporation (Taiwan), Fujitsu (Japan), Huawei Technologies co., Ltd. (China), NEC Corporation (Japan), NXP Semiconductor (Netherlands), Qualcomm Technologies Inc. (USA), ZTE Corporation (China), Telefonaktiebolaget LM Ericsson (Sweden), Nokia (Finland), SAMSUNG (South Korea), Mavenir (USA ) and other key players
report coverage Market Growth Drivers, Restraints, Opportunities, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis, Regulatory Landscape, Market Attractiveness Analysis by Segments and Regions, Company Market Share Analysis, and COVID-19 Impact Analysis.
customization area Take advantage of customized purchasing options to meet your exact research needs.

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Effects of the Russia-Ukraine War

Strong demand for wireless services accelerates production

The demand for advanced telecommunications equipment became evident after the Russian invasion of Ukraine. European countries showed an exponential demand for advanced telecommunications equipment for navigation and military communications services. Of particular note is the demand for multi-platform anti-jamming antennas to prevent intrusion and detection by enemies.

segments

5G connectivity will remain dominant as demand for high speed increases

In terms of connectivity, the market is segmented into 3G, 2G, 4G & LTE, 5G and Satellite. The 5G segment will see strong growth due to increasing demand for wider connections, high speed and low latency. The increasing use of smart devices will continue to drive demand for 5G technology.

Macrocell is sought to improve IoT and mobile coverage

In terms of infrastructure, the market is segmented into Small Cell, Mobile Core, Carrier Wi-Fi, Macro Cell, SATCOM, Radio Access Network (RAN), Distributed Antenna System (DAS), Cloud RAN and Backhaul. The macro cell segment is set to witness a notable CAGR over the forecast period, mainly driven by the need to improve mobile, smartphone and IoT device coverage.

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Government and defense sectors with strong demand and increasing investments in the military sector

Based on the platform, the market is divided into Commercial and Government & Defense. The Government & Defense segment is further subdivided into Homeland Security, Defense and Government Institutions/Agencies. The Government & Defense segment will grow due to increasing investments in the military and maritime sectors.

report coverage

The report provides a comprehensive overview of the market size, share, revenue and volume. It is deeply immersed in the SWOT analysis. Quantitative and qualitative assessments have enabled a holistic view of the market. The primary interviews validate assumptions, insights and the prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and magazines.

driver and restraint systems

Trend towards IoT-based electronic devices as drivers of innovations

An exponential increase in data usage on defense vehicles and smartphones could boost wireless infrastructure market share. Increasing demand for sensors, receivers, transmitters and processors bodes well for industry growth. To illustrate, in October 2021, COMSovereign partnered with Total Network Solutions (TNS) to explore how blockchain technology could improve the security of wireless networks in the United States. Also, increasing demand for advanced electronics in the aerospace and defense sectors could accelerate investments around the world. However, prevailing concerns such as data breaches and network breaches could hamper the growth of the industry.

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Regional Insights

North America offers promising opportunities with the presence of leading companies

The US and Canada could see investment galore as 5G networks roll out and funds are injected into the military and defense sectors. Increased demand for satellite connectivity will boost demand for autonomous vehicle infrastructure and bode well for regional growth. Industrial automation in particular could encourage leading companies to invest in North America.

The growth of the wireless infrastructure market in Europe will be pronounced after the implementation of robust policies. Large companies such as Deutsche Telekom, Ericsson, Inmarsat plc and Three UK are expected to accelerate their investments in advanced wireless infrastructure solutions.

The market outlook in Asia Pacific will be strong due to the expansion of smartphone users in China, India and Australia. Wireless communication devices are expected to be in demand as demand for higher speed and lower latency continues to grow across the region. It is worth noting that the digitization of the maritime and defense sectors bodes well for regional growth.

competitive landscape

Key players are emphasizing meeting high bandwidth demand to bolster their portfolios

Leading companies are expected to invest in both organic and inorganic strategies, including product launches, mergers and acquisitions, technological advances and R&D activities. In addition, large companies could subsequently invest in innovations and product offerings.

key industry development

  • November 2021 – T-Mobile Polska launched long-haul 400GbE service with Ciena to keep pace with demand for high-bandwidth cloud and data service applications.

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Detailed table of contents:

  • introduction
    • scope of research
    • market segmentation
    • research methodology
    • Definitions and Assumptions
  • summary
  • market dynamics
    • market leader
    • Market Restrictions
    • market opportunities
  • Important Findings
    • Key Industry Developments – Mergers, Acquisitions and Partnerships
    • Latest technological advances
    • Porter’s Five Forces Analysis
    • Supply Chain Analysis
  • Quantitative Insights – Impact of the COVID-19 Pandemic on the Global Wireless Infrastructure Market
    • Impact of the COVID-19 Pandemic on the Global Wireless Infrastructure Market
    • Steps taken by industry/corporate/government to overcome impact
    • Important industry development in response to the impact of COVID-19

Table of contents continued…!

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