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In-Building Wireless Market Trends That Will Shape the Next Decade: Insights from Product Innovations Transforming The In-Building Wireless Market
In-Building Wireless Market
How Large Will the In-Building Wireless Market Size By 2025?
The expansion of the in-building wireless market has been swift in the last few years. This market is set to increase from $16.33 billion in 2024 to $18.09 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 10.7%. Factors driving the growth during this historic period include a rise in mobile data consumption, the shift to 4G networks, rapid uptake of smartphones, need for enterprise mobility and the growing demand for superior indoor connectivity.
How Big Is the In-Building Wireless Market Size Expected to Grow by 2029?
The size of the in-building wireless market is projected to experience significant expansion in the coming years, growing to a size of $31.06 billion by 2029 at a compound annual growth rate (CAGR) of 14.5%. Several factors are expected to drive this growth during the forecast period, including the expansion of IoT and connectivity needs, demand for 5g and next-generation connectivity, the development of remote work infrastructure, advancements in smart building, and an increased demand from enterprises. Major trends to watch out for during the forecast period include the deployment of 5g networks, the integration of the internet of things (IoT), the rise of remote work and digital transformation, the demand for high-quality indoor coverage, and advancements in smart building technologies.
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Which Key Market Drivers Powering In-Building Wireless Market Expansion and Growth?
The expansion of the in-building wireless market is anticipated to be fuelled by the escalating demand for smartphones. Essentially, smartphones are mobile phones equipped with a built-in computer and other features like an operating system, internet surfing, and software applications. Owing to their increasing indispensability in daily life, in-building wireless systems are stepping in to strengthen and distribute wireless connections within a commercial or residential structure. Given the rise in the use of smartphones and cellular subscribers, the need for in-building wireless to facilitate uninterrupted communication is on the rise. For example, a piece by Oberlo, an online drop shipping firm based in Lithuania, stated in January 2023 that the global count of smartphone users is around 6.8 billion, marking an increase of 86.5%. Consequently, the swelling demand for smartphones is catalyzing the growth of the in-building wireless market.
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Which Fast-Growing Trends Are Poised to Disrupt the In-Building Wireless Market?
Key players in the in-building wireless market are advancing their position through the creation of cutting-edge products such as the 5G Small Cell. The 5G small cell is a low-powered wireless communication gadget that uses the fifth generation (5G) cellular technology. For example, Mavenir Systems, Inc., a software firm based in the United States, unveiled the 5G small cell (E511) in September 2022. This product was designed to offer high-capacity standalone coverage suitable for indoor environments, and it supports both distributed and centralized Open Radio Access Network (O-RAN) structures. With over 2 million small cell units installed worldwide, the inclusion of the 5G small cell in Mavenir's growing product suite leverages comprehensive RAN solutions and a shared Management System and CU. This product's adaptability and zero-touch provisioning render it a cost-effective, high-capacity solution appropriate for a variety of use cases ranging from offices, shops, warehouses, factories to public locations.
What Are the Emerging Segments in the In-Building Wireless Market?
The in-building wirelessmarket covered in this report is segmented -
1) By Component: In-Building Wireless Infrastructure, In-Building Wireless Services
2) By Venue: Large Venue, Medium Venue, Small Venue
3) By Business Model: Service Providers, Enterprises, Neutral Host Operators
4) By End Users: Government, Manufacturing, Transportation And logistics, Education, Retail, Hospitality, Healthcare, Other End Users
Subsegments:
1) By In-Building Wireless Infrastructure: Distributed Antenna Systems (DAS), Small Cells, Repeaters, Wi-Fi Access Points
2) By In-Building Wireless Services: Design And Consulting Services, Installation And Integration Services, Maintenance And Support Services, Managed Services
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Who Are the Global Leaders in the In-Building Wireless Market?
Major companies operating in the in-building wireless market include Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co Ltd., NEC Corporation, Axell Wireless Ltd., Comba Telephone Systems Holdings Ltd., Dali Wireless Inc., Zinwave Limited, Airspan Networks, ZTE Corporation, Corning Inc., Solid Technologies Inc., Samsung Electronics Co. Ltd., Fujitsu Limited, Verizon Communications Inc., CommScope Holding Company Inc., AT&T Inc., Cobham Limited, TE Connectivity Ltd., Alcatel-Lucent Enterprise, Anixter International Inc., Infinite Electronics Inc., JMA Wireless, Oberon Inc., Pierson Wireless Corp., Contela Inc., Advanced RF Technologies Inc., Beatcom Inc.orporated, Bird Technologies
Which are the Top Profitable Regional Markets for the In-Building Wireless Industry?
Asia-Pacific was the largest region in the in-building wireless market in 2024. North America is expected to be the fastest-growing region in the in-building wireless market report during the forecast period. The regions covered in the in-building wireless market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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