openPR Logo
Press release

Global WTTx Market Size, Demands, Key Players: Huawei, Nokia, Ericsson, Qualcomm, CommScope, Samsung, Eltel Group, Airspan, Inseego, Gemtek, Fibocom, Anritsu, Keysight Technologies and Others

09-16-2022 02:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsnReports

The global WTTx market size is projected to grow from USD 4.9 billion in 2022 to USD 33.0 billion by 2027, at a CAGR of 46.4% during the forecast period. Various key players in the ecosystem have led to a competitive and diverse market. Government initiatives to establish smart cities and WTTx-5G deployment coverage in untapped rural and urban regions are expected to drive the adoption of the WTTx market in the future. Recognizing the significance of high-speed internet to economic development, governments worldwide are pursuing large-scale projects to fund or subsidize the construction of broadband networks in underserved areas. For instance, the Federal Communications Commission's Rural Digital Opportunity Fund (RDOF) awarded USD 9 billion to various wired, fixed wireless, and satellite operators in the US. It also introduced Connected America Fund 2 (CAFFI), whose funding allowed broadband deployment to rural areas.

Download a Free Sample Copy of the Global WTTx Market Report at

By component, customer premise equipment segment to account for larger market size during forecast period
Customer Premise Equipment (CPE) is equipment in networking used to deploy wireless broadband that is kept at the user terminal. CPE devices convert wireless signals, such as 3G, 4G, and 5G, and wired broadband transmissions into LAN signals for usage by terminal devices. CPE can be considered to be a combination of router and MiFi. CPE is a device that can repeat mobile signals such as 4G signals and issue Wi-Fi signals. It allows various devices to connect to the internet simultaneously by converting 4G/5G signals to Wi-Fi signals and supplying them to hardware devices for networking.

By organization size, SMEs segment to grow at highest CAGR during forecast period
SMEs face a greater challenge of a limited budget than large enterprises and require better methods to resolve complexities and optimize the cost of their business processes. Implementing wireless broadband solutions can help SMEs reduce costs and improve business efficiency. For less affluent markets and those without 5G coverage, a 4G connection is available as an alternate. Adopting WTTx solutions would reduce service costs and help provide greater coverage, high-speed, and low-latency networks, which would warrant enhanced subscriber experience and growth for SMEs.

Get a 30% Discount on the Global WTTx Market Report at

Asia Pacific to register highest growth rate during forecast period
The investment and participation of Asia Pacific in the development of WTTx technology has made the region a hotspot for this industry. According to the GSMA Mobile Economy report, the region had planned to invest USD 331 billion between 2020 and 2025. The pandemic has accelerated the adoption of connected, digital solutions to enable business operations efficiently in this region and witnessed the rapid growth of the internet and wireless broadband service users. According to International Telecommunication Union (ITU), internet users in this region increased by 24% between 2019 and 2021. Asia Pacific has emerged as a central hotspot for wireless solutions and services and drives the growth of the WTTx market.

Breakdown of primaries:
The study contains various industry experts' insights, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:
• By Company Type: Tier 1 - 18%, Tier 2 - 9%, and Tier 3 - 73%
• By Designation: C-level - 9%, D-level - 18%, and Others - 73%
• By Region: North America - 55%, Europe- 9%, Asia Pacific- 36%

The major players covered in the WTTx report include Huawei (China), Nokia (Finland), Ericsson (Sweden), Qualcomm (US), CommScope (US), Samsung (South Korea), Eltel Group (Sweden), Airspan (US), Inseego (US), Gemtek (Taiwan), Fibocom (China), Anritsu (Japan), Keysight Technologies (US), Technicolor (France), Lumine (Canada), Remcom (US), Cohere Technologies (US), EDX (US), Kelly (Canada), Digi International (US), BLiNQ Networks (Canada), AVSystem (Poland), Tarana Wireless (US), Telrad Networks (Israel), and Jaton Technology Ltd (China).These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions to expand their footprint in the WTTx.

Direct Purchase of the Global WTTx Market Report at

Research Coverage:
The market study covers the WTTx market size across segments. It aims at estimating the market size and the growth potential across segments, including component, organization size, operating frequency, and region. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

+ 1 888 391 5441 is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global WTTx Market Size, Demands, Key Players: Huawei, Nokia, Ericsson, Qualcomm, CommScope, Samsung, Eltel Group, Airspan, Inseego, Gemtek, Fibocom, Anritsu, Keysight Technologies and Others here

News-ID: 2737917 • Views:

More Releases from ReportsnReports

DeviceCon Series 2024 - UK Edition | MarketsandMarkets
DeviceCon Series 2024 - UK Edition | MarketsandMarkets
Future Forward: Redefining Healthcare with Cutting-Edge Devices Welcome to DeviceCon Series 2024 - Where Innovation Meets Impact! Join us on March 21-22 at Millennium Gloucester Hotel, 4-18 Harrington Gardens, London SW7 4LH for a groundbreaking convergence of knowledge, ideas, and technology. MarketsandMarkets proudly presents the DeviceCon Series, an extraordinary blend of four conferences that promise to redefine the landscape of innovation in medical and diagnostic devices. Register Now @ MarketsandMarkets presents
5th Annual MarketsandMarkets Infectious Disease and Molecular Diagnostics Conference Promises New Trends and Insights in Diagnosis
5th Annual MarketsandMarkets Infectious Disease and Molecular Diagnostics Confer …
London, March 7, 2024 - MarketsandMarkets is thrilled to announce the eagerly awaited 5th Annual Infectious Disease and Molecular Diagnostics Conference, scheduled to take place on March 21st - 22nd, 2024, at the prestigious Millennium Gloucester Hotel, located at 4-18 Harrington Gardens, London SW7 4LH. This conference promises to be a groundbreaking event, showcasing the latest trends and insights in diagnosis, as well as unveiling cutting-edge technologies that are revolutionizing the
Infection Control, Sterilization & Decontamination Conference |21st - 22nd March 2024| Challenges and Factors affecting in Sterilization of medical devices and more
Infection Control, Sterilization & Decontamination Conference |21st - 22nd March …
MarketsandMarkets is pleased to announce its 8th Annual Infection Control, Sterilisation, and Decontamination in Healthcare Conference, which will take place March 21-22, 2024, in London, UK. With the increased risk of infection due to improper sterilisation and decontamination practices, the safety of patients and healthcare workers is of paramount importance nowadays. Enquire Now @ This conference aims to bring together all the stakeholders to discuss the obstacles in achieving
Breast Augmentation Market Key Players, Demands, Cost, Size, Procedure, Shape, Surface and Forecast to 2025
Breast Augmentation Market Key Players, Demands, Cost, Size, Procedure, Shape, S …
The global Breast Augmentation Market in terms of revenue was estimated to be worth $900 million in 2020 and is poised to reach $1,692 million by 2025, growing at a CAGR of 13.4% from 2020 to 2025. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying

All 5 Releases

More Releases for WTTx

Global Fiber To The Home (FTTH) Market Size, Share, Analysis, Industry Report an …
The global Fiber To The Home (FTTH) market is expected to grow at a significant CAGR during the forecast period (2021-2027). Mobile operators are currently planning their entry into the FTTH market. They need to build an FTTH network to transition from a mobile operator to a full-service operator. Huawei introduced the AirPONsolution in March 2020 as part of its growth goal to build a 10G PON-ready Gigabit FTTH network