Industry Outlook and Trend Analysis
The Wireless Infrastructure Market was worth USD 62.44 billion in 2014 and is expected to reach approximately USD 102.67 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.68% during the forecast period. The anticipated development of wireless networking technology and related devices is likewise attributable to continuous patterns of WYOD, BYOD, Artificial Intelligence (AI), and cloud computing in telecom applications. With developing system and technology framework among various industry verticals, demand for high-speed data transmission and network has expanded considerably. Issues in regards to high R&D spending are anticipated to obstruct the development of the market over the figure time frame. System part producers confront certain constraints while completing their assembling forms by virtue of IP, copyright acts, and patent restraints.
Technology Outlook and Trend Analysis
Currently, Macrocell RAN forms the biggest portion by income in the wireless infrastructure market. With the development of hardware, software, and dynamic networking technologies, wireless communications infrastructure has progressed further, fusing various appropriated Heterogeneous Networking (HetNet) advancements, for example, Cloud RAN and Carrier Wi-Fi. Extending network and technology foundation among various industry verticals has positively affected the interest for fast information transmission and connectivity.
Regional Outlook and Trend Analysis
The Asia Pacific locale is foreseen to encounter the most astounding development rate over the figure time frame. This can be ascribed to developing accentuation on cost-cutting systems and interest for coordinated efforts in the area. Supportive administrative systems in the European Union are anticipated to assume a pivotal part in the advancement of the provincial market. U.K., Spain, and France are foreseen to become speedier than the overall average. Information administrations are evaluated to be key administrations driving development throughout the following couple of years.
The leading players in the market are Qualcomm Technologies Inc, Samsung Group, ZTE, Huawei and Ericsson India Pvt Ltd. In October 2016, Qualcomm, Inc. took over NXP Semiconductors N.V., a supplier of mixed signal semiconductor electronic products. This acquisition allowed Qualcomm to extend its mobile technology segment.
The Wireless Infrastructure Market is segmented as follows-
Distributed Antenna Systems (DAS)
Macrocell Radio Access Networks (RAN)
Remote Radio Heads (RRH)
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?