CHICAGO , April 30,
2024 /PRNewswire/ -- Significant increase in the
In-building Wireless Market is anticipated in the future due to
trends including IoT integration, 5G rollout, and smart
building technologies. There will be a sharp increase in demand for
reliable connectivity that facilitates remote and hybrid work, with
an emphasis on security, energy conservation, and legal compliance.
Building efficiency and connectivity will be further improved by
integration with building management systems and edge
computing.
The In-building Wireless Market is expected to reach
USD 35.5 billion by 2029 from
USD 20.0 billion in 2024, at a CAGR
of 12.1 % during 2024–2029, according to a new report by
MarketsandMarkets™.
Browse in-depth TOC on "In-building Wireless
Market"
466 – Tables
49 - Figures
330 –
Pages
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Scope of the Report
Report
Metrics
|
Details
|
Market size available
for years
|
2019-2029
|
Base year
considered
|
2023
|
Forecast
period
|
2024–2029
|
Forecast
units
|
Value (USD)
Million/Billion
|
Segments
Covered
|
By Offering, Business
Model, Building Size, End User, and Region
|
Region
covered
|
North America, Europe,
Asia Pacific, Middle East & Africa, and Latin
America
|
Companies
covered
|
The major players in
the In-building Wireless Market are CommScope (US), Corning (US),
Ericsson (Sweden), Huawei (China), Nokia (Finland), Comba Telecom
(Hong Kong), Samsung (South Korea), ZTE (China), SOLiD (US), Dali
Wireless (US), Zinwave (UK), ADRF (US), Airspan (US), Contela
(South Korea), Fujitsu (Japan), NEC (Japan), BTI Wireless (US),
Casa Systems (US), Sercomm (Taiwan), PCTEL (US), Huber+Suhner
(Switzerland), Baicells Technologies (US), Qucell (South Korea),
CommAgility (UK), Galtronics (US), PBE Axell (US), Microlab (US),
Nextivity (US), JMA Wireless (US), Whoop Wireless (US), and
SignalBoosters.com (US).
|
The proliferation of mobile data traffic drives the demand for
reliable indoor wireless connectivity. With the increasing use of
smartphones, tablets, and other connected devices for activities
such as streaming, social media, and cloud applications, businesses
and building owners recognize the importance of providing seamless
wireless connectivity to users within buildings. In-building
wireless solutions are crucial in meeting this demand by ensuring
fast and reliable connectivity for voice, data, and multimedia
applications, enhancing the overall user experience.
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The commercial campuses end user segment contributed the
largest market share in the In-building Wireless Market during the
forecast period.
Commercial campuses include sprawling office complexes, business
parks, retail stores, shopping malls, and mixed-use developments.
The deployment of in-building wireless solutions in these
facilities is tailored to meet the varied connectivity requirements
of diverse end users. Commercial campuses' end users rely heavily
on in-building wireless systems to ensure uninterrupted
connectivity across the extensive campus environment. Whether
employees access cloud-based platforms, participate in video
conferences, or utilize mobile devices for day-to-day tasks, a
dependable wireless infrastructure is indispensable for maintaining
productivity and operational efficiency. Engineered to accommodate
the high-density environment prevalent in commercial settings,
these systems can seamlessly support numerous concurrent users and
diverse device types.
The training, support, and maintenance services segment is
expected to register the highest CAGR in the In-building Wireless
Market during the forecast period.
Training, support, and maintenance services are essential in
deploying an in-building wireless network. These services are
designed to optimize performance and maximize the uptime in the
operator's network. Support services provide critical support for
network failure, coverage, capacity, and bandwidth issues.
Maintenance services include regularly updating the system,
occasionally monitoring the network's performance, and ensuring
security checks on the network. This enables enterprises to save
their costs on network downtime or failure. Training services help
businesses to educate their workforce on new technologies. Vendors
provide 24*7 support through several channels, such as web, email,
and telephone. In case of system failure, in-building wireless
network providers offer alternative services to continue business
operations. These services are crucial for any deployed network to
gain the intended ROI. The services segment ensures that the
network performs at its optimum level to utilize the benefits
offered by the network to the maximum possible extent.
Based on region, Asia
Pacific is projected to register the highest CAGR during the
forecast period.
Asia Pacific, home to nearly
40% of the world's population, is witnessing diverse
implementations of in-building wireless technologies. The
Asia Pacific region is undergoing
a notable surge in adopting in-building wireless, driven by the
flourishing economies of India,
China, Japan, Australia, and New
Zealand. Surging demand for seamless connectivity within
various building types across diverse industries underpins this
market's robust expansion. This surge is driven by the widespread
proliferation of smartphones, IoT devices, and data-intensive
applications, necessitating robust indoor wireless infrastructure.
Technological breakthroughs such as Distributed Antenna Systems
(DAS) and Small Cells, which amplify coverage and capacity, drive
this growth further, alongside the accelerated deployment of 5G
technology. Furthermore, the region's swift urbanization and smart
building initiatives are key contributors to market expansion,
backed by supportive government regulations and initiatives
promoting wireless technology adoption. However, persistent
challenges like high deployment costs and interoperability issues
underscore the imperative for ongoing innovation and regulatory
reinforcement to unlock the potential of in-building wireless
solutions across the Asia Pacific
region.
Top Key Companies in In-building Wireless Market:
The report profiles key players such as CommScope (US), Corning
(US), Ericsson (Sweden),
Huawei (China), Nokia (Finland), Comba Telecom (Hong Kong), Samsung (South Korea), ZTE (China), SOLiD (US), Dali
Wireless (US), Zinwave (UK), ADRF (US), Airspan (US), Contela
(South Korea), Fujitsu
(Japan), NEC (Japan), BTI Wireless (US), Casa Systems (US),
Sercomm (Taiwan), PCTEL (US),
Huber+Suhner (Switzerland),
Baicells Technologies (US), Qucell (South
Korea), CommAgility (UK), Galtronics (US), PBE Axell (US),
Microlab (US), Nextivity (US), JMA Wireless (US), Whoop Wireless
(US), and SignalBoosters.com (US).
Recent Developments:
- In February 2024, Corning
collaborated with Dell Technologies and Intel and announced a new
Radio Access Network (RAN) Compute Platform to speed the deployment
of 5G networks inside high-density buildings, creating a flexible,
cost-effective path to reliable network access and better user
experiences in environments like airports, office buildings,
hotels, and hospitals.
- In February 2024, CommScope
brings Open RAN indoors, extending Open RAN support on ERA DAS and ONECELL small cells, facilitating
open, sustainable, and converged 5G indoor networks.
- In July 2023, Ericsson partnered
with Swisscom and deployed a new feature, the Ericsson Radio Dot
System. Allowing the company to deliver high-capacity indoor 5G to
enterprise customers within a 10 km radius from one centralized
location. It enables Swisscom to use fiber and hybrid fiber cables
to provide power and data to active indoor antennas (Radio Dots)
from the Indoor Radio Unit (IRU) and extend cable reach from
300 m to 10 km.
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In-building Wireless Market Advantages:
- By improving connectivity within buildings, in-building
wireless solutions guarantee smooth communication between visitors
and inhabitants across a range of devices and applications.
- Through dependable indoor wireless coverage, these solutions
boost productivity by allowing constant access to voice, data, and
multimedia services, enabling staff members to remain connected and
productive all day.
- Because in-building wireless systems are adaptable and
scalable, businesses may grow and modify their wireless
infrastructure to meet shifting demands and occupancy patterns
without having to interfere with daily operations.
- In-building wireless solutions minimise the need for extra
infrastructure and equipment to allow wireless connectivity while
also lowering costs related to traditional wired infrastructure,
such as cabling and maintenance.
- Emerging technologies like 5G, the Internet of Things, and
smart building applications are supported by in-building wireless
systems, which gives businesses the ability to take advantage of
these technologies to boost productivity, automate procedures, and
enhance user experiences.
- In order to improve resident safety and security during crises
like evacuations or medical situations, in-building wireless
solutions facilitate emergency communication systems.
- Reliable wireless coverage and high-speed internet access are
crucial amenities for renters, and in-building wireless
connectivity plays a major role in determining tenant satisfaction
for both commercial and residential properties.
Report Objectives
- To determine and forecast the global In-building Wireless
Market by offering, business model, building size, end user, and
region from 2024 to 2029, and analyze the various macroeconomic and
microeconomic factors affecting market growth.
- To forecast the size of the market segments concerning five
central regions: North America,
Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America.
- To provide detailed information about the major factors
(drivers, restraints, opportunities, and challenges) influencing
the growth of the In-building Wireless Market.
- Analyze each submarket concerning individual growth trends,
prospects, and contributions to the overall In-building Wireless
Market.
- To analyze the opportunities in the market for stakeholders by
identifying the high-growth segments of the In-building Wireless
Market.
- To profile the key market players; provide a comparative
analysis based on business overviews, regional presence, product
offerings, business strategies, and key financials; and illustrate
the market's competitive landscape.
- Track and analyze competitive developments in the market, such
as mergers and acquisitions, product developments, partnerships and
collaborations, and Research and Development (R&D)
activities.
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