Press release
Global Wireless Infrastructure Industry Outlook 2025-2029: Market Set to Cross $340.28 Billion Milestone
Wireless Infrastructure Market
What Is the Expected CAGR for the Wireless Infrastructure Market Through 2025?
In the recent past, there has been a remarkable growth in the size of the wireless infrastructure market. It is predicted to rise from $214.45 billion in 2024 to $234.65 billion in 2025, clocking a compound annual growth rate (CAGR) of 9.4%. The expansion during the historic period is traceable to a global population increase, higher smartphone and internet access rates, expansion of the network and technological infrastructure, increased utilization of advanced infrastructure, and the demand for high-velocity internet connections.
What's the Projected Size of the Global Wireless Infrastructure Market by 2029?
The size of the wireless infrastructure market is anticipated to experience robust growth in the forthcoming years, with projections suggesting a value of $340.28 billion in 2029, marking a compound annual growth rate (CAGR) of 9.7%. This surge during the forecasted period can be linked to a rising demand for connected vehicles, an increased application of remote sensing technology, burgeoning connected-car device demand, an uptick in global internet penetration, and the increasing utility of satellite data in creating smart cities and connected transport systems. The forecast period also witnesses significant trends such as the embracement of cutting-edge technologies, expansion of wireless networking technology, the dawn of comprehensive digitalization across various sectors, rapid integration of IoT-powered electronic devices, and swift uptake of 5G technology.
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Top Growth Drivers in the Wireless Infrastructure Industry: What's Accelerating the Market?
The expansion of the wireless infrastructure market is anticipated to be fueled by the growing demand for connected cars. Connected cars are vehicles embedded with internet access that allows two-way communication with external systems. The escalating demand for connected cars can be attributed to advancements in safety features, customer interest, the perceived value, and ecological considerations. Connected cars leverage wireless infrastructure to facilitate communication with networks like the internet, road infrastructure, and other cars or pedestrians. For example, the Otonomo Report published in March 2022 by an Israel-based firm offering cloud-based SaaS solutions for car manufacturing companies, projects the number of connected cars on the roads to rise from roughly 237 million in 2021 to over 400 million by 2025. It also predicts that by 2030, 96% of all cars will be connected. Consequently, the growing demand for connected cars is fuelling the expansion of the wireless infrastructure market.
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What Trends Will Shape the Wireless Infrastructure Market Through 2029 and Beyond?
Leading enterprises in the wireless infrastructure market are introducing progressive solutions like virtuora service management and orchestration (SMO), a methodology for managing and orchestrating networks, which are designed to lower energy use and enhance network efficiency. For illustration, Fujitsu Network Communications (FNC) Inc., a company based in the USA that offers network operators digital transformation solutions, unveiled virtuora service management and orchestration (SMO) in September 2022. This cutting-edge solution utilizes modern technology like AI and ML, as well as cloud-native frameworks, to automate service delivery across various networks, catering to the requirements of emerging 5G use cases. Further, it boasts features such as advanced analytics, lifecycle service orchestration, network orchestration, and energy conservation in network operations. Additionally, it is capable of managing open RAN networks from multiple vendors, thus aiding RAN service provisioning.
What Are the Main Segments in the Wireless Infrastructure Market?
The wireless infrastructuremarket covered in this report is segmented -
1) By Type: Satellite, Second Generation (2G) And Third Generation (3G), Fourth Generation (4G), Fifth Generation (5G)
2) By Infrastructure: Small And Macro Cells, Radio Access Networks, Mobile Core, Distributed Area Network
3) By Platform: Government, Defense, Commercial
Subsegments:
1) By Satellite: Low Earth Orbit (LEO) Satellites, Medium Earth Orbit (MEO) Satellites, Geostationary Orbit (GEO) Satellites
2) By Second Generation (2G) And Third Generation (3G): 2G (GSM, CDMA), 3G (UMTS, CDMA2000, HSPA)
3) By Fourth Generation (4G): Long-Term Evolution (LTE), LTE-Advanced (LTE-A), WiMAX (Worldwide Interoperability For Microwave Access)
4) By Fifth Generation (5G): Sub-6 GHz (5G NR), Millimeter Wave (5G NR mmWave), Private 5G Networks
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Which Top Companies are Driving Growth in the Wireless Infrastructure Market?
Major companies operating in the wireless infrastructure market are Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Fujitsu Limited, Hewlett Packard Enterprise, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, Capgemini Engineering, ZTE Corporation, Corning Incorporated, NXP Semiconductors, Motorola Solutions Inc., CommScope Holding Company Inc., Juniper Networks Inc., Arista Networks Inc., Ciena Corporation, Extreme Networks Inc., ADTRAN Inc., Mavenir Systems Inc., D-Link Corporation, RAD Data Communications Ltd., ARRIS International plc
Which Regions Will Dominate the Wireless Infrastructure Market Through 2029?
North America was the largest region in the wireless infrastructure market in 2024. The regions covered in the wireless infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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