According to a report by Grand View Research, Inc., global wireless infrastructure market is anticipated to value USD 116.75 billion by 2025. Growing requirement for high-speed data transmission and connectivity is anticipated to propel demand for wireless infrastructure. These wireless infrastructures are likely to support various businesses in executing multiple tasks simultaneously with ease and efficiency.
Growing adoption of hosted and managed networking and communication services over unified communication systems among enterprises is expected to influence growth of market. High demand for enterprise mobility particularly in telecom sector can augment demand for wireless infrastructure over next few years. Increasing investments from wireless carriers in heterogeneous networks and HetNet infrastructure to cope with coverage requirements and high demand for capacity can influence growth of market. Growing adoption of cloud computing, bring your own device (BYOD), wear your own device (WYOD), and artificial intelligence (AI) in telecom applications can augment market growth. Introduction of advanced technologies in telecom sector such as 4G, 5G, and long-term evolution (LTE) is anticipated to impel growth of market during the forecast period (2014 to 2025).
High R&D expenditures faced by manufacturing companies is expected to hinder growth of market over the forecast period. In addition, several constraints faced by manufacturers of network components related to patent constrictions, internet protocol, and copyright acts can obstruct growth of market over next few years.
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The wireless infrastructure market can be segregated on the basis of technology and region. Based on technology, the market can be categorized into small cells, remote radio heads, distributed antenna systems (DAS), cloud RAN, carrier Wi-Fi, mobile care, backhaul, and macrocell radio access network (RAN). Macrocell RAN segment is anticipated to dominate the market during the forecast period. Evolution of hardware, software, and dynamic networking technologies, wireless communication infrastructure is likely to fuel growth of market. In addition, expanding network and technology infrastructure among several industry verticals is estimated to create huge impact on demand for high speed data transmission and connectivity. IT & telecom enterprises and government entities globally are expected to adopt wireless network and telecom solutions to optimize their daily tasks even from remote locations.
Similarly, Cloud RAN segment can contribute well for growth of market during the forecast period attributed to rising demand for C-RAN architecture among wireless carriers. This architecture can centralize baseband functionality to be shared across distributed radio nodes. In addition, numerous economic and performance benefits associated with this technology such as virtualization, energy optimization, enhanced coordination between cells can augment market growth.
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Moreover, other technologies such as DAS, small cells, fronthaul, and backhaul are likely to create immense growth opportunities for this market over next few years. Introduction of 5G network technology coupled with increasing investments in R&D by wireless carriers is expected to fuel growth of market.
Regional segmentation includes Europe, North America, Asia Pacific, South America, and Middle East & Africa. In 2016, North America dominated the market and accounted for largest market share. Banking, financial services, government, business process outsourcing (BPO) sectors are likely to adoption sophisticated telecom communications to enable efficient collaboration. This, in turn, can fuel market growth. Growing adoption of wireless communication can enable reduction in costs arising from domestic and international travel by executing novel technologies, which can fuel growth of market in the region. Moreover, favorable policies, subsidies, and regulations from local governments regarding telecom and network infrastructure are likely to impel growth of market during the forecast period.
Similarly, regions such as South America, Asia Pacific, and MEA, are expected to contribute well to market growth attributed to digitization and increasing use of internet.
On the contrary, supportive regulatory framework in European Union can play vital role in development of regional market. Spain, France, and United Kingdom can grow faster than overall average. In addition, growing adoption of data services can augment market growth in the Europe.
Some of the leading companies offering wireless infrastructure are Qualcomm Technologies, Inc.; NEC Corporation, Huawei Technologies Co., Ltd.; Motorola Solutions, Inc.; and ZTE Corporation.
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