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The global wireless infrastructure market size was USD 121.80 billion in 2018 and is projected to reach USD 249.87 billion by 2026, exhibiting a CAGR of more than 9.2% during the forecast period.
The strong business outlook of wireless electronics devices across the demography has boosted this market. Wireless infrastructure is an overall combination of key standards such as connectivity principles, connectivity solutions, and communication assets.
Wireless network infrastructure is a similar term majorly consisting of mobile subscribers and includes connectivity such as 5G, 4G & LTE, 3G, and 2G. A rise in trend of bring your own device (BYOD) and wear your own device (WYOD) is fueling demand for high-speed data and faster connectivity in the commercial communication sector. Whereas, an increase in the use of satellite-based connectivity for defense and marine industry is also responsible for the wireless infrastructure market growth in the forecast period.
Wireless infrastructure mainly includes small cells, macro cell, RAN, distributed antenna system, cloud RAN, carrier Wi-Fi, mobile core, front-haul, backhaul and satellite connectivity. The scope of equipment technology has been expanding from the past few years especially in the small cell equipment due to the broader connectivity available across the country. The infrastructure is associated with the combination of antennas and their integrated hardware and software.
The major manufacturers are investing on most efficient heterogeneous infrastructure such as cloud RAN, carrier Wi-Fi, to suffices demand for better connectivity, large data usage and faster internet.
Nowadays, wireless carriers are shifting towards advanced technology such as C-RAN architecture. It functions in centralized baseband, which is shared across the large distributed radio nodes. The advance functionality provides various benefits in coordinating among the cells, energy optimization and broader network coverage. Radio access technology and distributed antenna network with a combination of cloud-based technology have given many advantages on 4G network service such as high-speed internet.
The rapid increase in the usage of smart devices is creating a tremendous burden on the existing telecom infrastructure. This is likely to boost the demand for wireless technology and equipment in the forecast period. Thus, the key players in this market are adopting new strategies to increase their market share due to the high competition in the country.
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Growing Adoption of 5G Technology likely to Boost Market
Broad-spectrum, increased bandwidth, low latency, and constant connectivity which is anticipated to transform mobile technology and internet-connected device in the future years. These features will increase the connection speed, resulting in video streaming without interruption, high definition movies, and superior download speed. 5G technology is likely to create new growth opportunities for the number of telecom companies across the globe.
5G technology is introducing new concepts for interconnected devices such as smart homes, advanced IoT systems, connected aircraft, unmanned aerial vehicles (UAVs), autonomous vehicles, precision agriculture, and advanced robotics for military and commercial usage. According to Cisco, the total number of global internet users is projected to grow from 3.9 billion in 2018 to 5.3 billion by 2023 and grow at a GAGR of 6%. The numbers represent 51% of population penetration in 2018 and 66% population penetration by 2023. The growing number of mobile consumers’ on a daily basis and rising internet data usage is likely to fuel the demand for wireless infrastructure in various countries during the forecast period.
Increase in Demand for High Internet Speed Connectivity Has Expanded Wireless Infrastructure
Wireless technology is experiencing tremendous changes due to excellent innovation from the past few years around the globe. Continuous expansion of mobile network coverage has now reached in the rural areas. It have also brought down the data usage charges due to the fierce competition in the industry. Moreover, some of the key factors are fuelling the growth of the wireless industry and setting new records in terms of network traffic, wireless connection and deployment of wireless infrastructure. The mobile and fixed 5G service launching in the U.S. in 2018 has broadened network densification across the country, thereby propelling this market growth.
Wireless technology has witnessed significant growth in the past few years especially in developed countries such as the U.S., Germany, UK, Japan, and South Korea. Moreover, some developing countries are anticipated to expand wireless infrastructure in the next few years,. The rise in demand for faster internet and better connectivity has resulted in continuous innovation in wireless technology. These key parameters are likely to boost the market growth in the coming years
Rapid Growth of IoT Based Electronic Devices Is Fuelling Market Growth
Exponential growth in the usage of data on electronic devices such as defense vetronics, smartphones and rugged desktop is primarily driving the necessity of wireless networks around the globe. The increase in mobile data traffic is expected to surge in multiple times in the next few years owing to the significant usage of internet-connected devices. In 2018, there are around 17.8 billion connected devices are in existence globally. Moreover, and more than 7 billion are not computers or laptops but devices such as sensors, receivers and processors allow users to monitor and manage daily activities through smartphones. The growing demand for electronic devices digitalization in aerospace and defense industry in several countries has boosted usage of internet and networks in manifolds. Therefore, network providers are expanding the capabilities of connectivity in various countries to strengthen their modern infrastructure. This, in turn, is projected to fuel the market growth at a significant pace in the future years.
Complexities Related to Development of Wireless Infrastructure System and Design Architecture will Restrict Market Growth
The successful distribution and coverage of connectivity are the key concerns for manufacturing companies. Technological advancement and new product development are have resulted in an increased range of connectivity and are likely to boost demand for this type infrastructure during the forecast period. There some major concerns such as delay in standardization, which can hamper the market in the future years. Moreover, in prompt allocation or postponed spectrum allocation can also hamper the market in the coming years. The expansion of wireless network on a large scale may also raise some key concerns such as breach of data privacy and network breach, thereby causing hindrance to the industry growth in the next few years. This type of infrastructure is mainly associated with massive capital investment by the key players in the market. These factors can restrict the growth of industry expansion during the forecast period.
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Significant growth of 4G technology is projected to boost Market growth of Wireless Infrastructure
By connectivity, type the market is categorized into 5G, 4G, 3G & 2G and Satellite. The 5G segment is projected to be the fastest-growing segment during the forecast period. The next-generation technology with a high speed, broader connectivity and low latency is fueling the demand for 5G technology throughout the globe. However, 4G technology does not satisfy the need for customers, as it consumes a large amount of data, and requires effective wireless internet service. An increase in usage of wireless services and smart devices requires a higher capacity of networks such as 5G technology. An increase in government projects especially for the digitalization of marine and defense infrastructure is anticipated to fuel the demand for satellite connectivity, thus boosting this segment. The growing demand for autonomous vehicle infrastructure and industrial automation is anticipated to fuel the market during the forecast period.
Increase in Installation of Satellite Devices Among Commercial Applications are Driving the Market
By infrastructure type, the market is segmented by SATCOM, macro cell, radio access network (RAN), small cell, distributed antenna system (DAS) cloud-RAN, carrier Wi-Fi, mobile core, and backhaul. Macrocell segment is projected to hold the maximum heterogeneous network infrastructure market share by 2026. Macrocell sites provide abroad range of network area to the various connectivity such as 4G and 5G supporting devices. It is also used to improve coverage of smartphones, mobile devices and IoT devices to support the 4G and 5G technology.
The wireless in infrastructure mainly consists of numerous macrocell that covers an area of almost 20 kilometers to the 30 kilometers range in an urban and sub-urban area.
The modernization existing infrastructure is a time taking process. That includes government permits to construct a well-distributed infrastructure for the consumer. The infrastructure also requires the expansion of antenna sites in the various countries to suffices consumer usage. The increase in demand for the wide coverage facilities in the urban and semi-urban area is expected to boost the market in the coming years.
Growing Need of Upgradation of Military Communication Devices to Wireless Connectivity is Promoting Market Growth
Global wireless infrastructure market expansion is majorly based on the end-user industry includes commercial segment and government & defense. The commercial segment held major shares in 2018 and is expected to grow at a significant growth rate during the forecast period. Some key factors include increasing consumers in developing economies such as China, India, and other countries in the Asia Pacific region. The government & defense segment is expected to grow at a rapid pace due to the increased government expenditure to upgrade the military and maritime sector at a large capability. Most countries are upgrading the communication systems and satellite system, and this is projected to aid in the expansion of this market size in the future years.
North America Wireless Infrastructure Market Size, 2018 (USD Billion)
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The findings based on our research methodology indicate North America held the largest wireless infrastructure market share in 2018. This is due to the presence of a large number of manufacturers and service providers in the region, further attributed to the significant consumers and defense users that facilitate rapid growth during the forecast period.
Europe held the second largest market share in 2018 owing to the presence of prominent manufacturers and technology giants in this region such as Inmarsat plc, Ericsson, Three UK, and Deutsche Telekom among others.
As per our market research study, Asia Pacific is anticipated to witness strong growth during the forecast period owing to the significant rise in commercial mobile subscribers and internet users in developing countries such as India and China.
Moreover, the wireless infrastructure market in the Middle East is anticipated to increase at significant CAGR, owing to the significant number of mobile users in these regions. The growth of the tourism sector in the region is expected to trigger market expansion in the Middle East. Moreover, this market in the rest of the world will be projected to witness rapid growth due to the increase in global wireless communication devices.
Technological Up-gradation and Strategic Acquisition & Collaborations are key strategies Strengthening Market Position.
The competitive landscape of the wireless infrastructure market depicts the domination of selected players such as Huawei Technologies Co., Ltd., Qualcomm Technologies Inc., ZTE Corporation, and NEC Corporation, among others. A broadly diversified wireless product portfolio of hardware, software solution and equipment, along with high investment in R&D and strategic acquisition, are prominent factors responsible for the dominance of these companies. These companies are adopting several growth strategies such as mergers, and collaborative partnerships. The companies are focusing on new product development, product launching, and entering into a long term contract with service providers, and building long term partnership with OEMs, which will further strengthen their position in the wireless market.
The report offers qualitative and quantitative insights into the wireless infrastructure systems market and provides a detailed analysis of the market size & growth rate for the segments in the market.
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Along with this, the report provides an elaborative analysis of market dynamics, emerging trends, and competitive landscape. Key insights offered in the report are the adoption of advanced technology, recent industry developments such as partnerships, mergers & acquisitions, consolidated SWOT analysis of key players, Porter’s five forces analysis, business strategies of leading market players, macro and micro-economic indicators, and key industry trends.
Value (USD Billion)
By Connectivity Type
By Infrastructure Type
By Platform Type
In 2018, the global market was USD 121.80 Bn, and it is anticipated to reach USD 249.87 Bn by 2026, growing at a stellar CAGR of 9.2% during the forecast period (2019-2026).
In the market, 4G, Macro cell, and Commercial are the leading segments.
Some of the driving factors for the market are the rising wireless communication devices owing to advanced technologies such as UAVs, Connected Aircraft, laptops, IoT, Smartwatches, and autonomous cars which requires high-speed internet.
In the market, some of the key players are Huawei Technologies Co., Ltd., Qualcomm Technologies Inc., ZTE Corporation, and NEC Corporation, among others..
In the market, the key players are mainly focusing on establishing a strong supply chain network in high growth regions such as Asia-Pacific.It is also involved in acquisitions and technological collaborations to strengthen its market share. Furthermore, investment in the R&D capabilities for designing lightweight, durable, and cost-effective wireless infrastructure systems.
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