WiMAX Solutions Market Share, Growth Prospects To 2022:Grand View Research, Inc.

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The global WiMAX solutions market is expected to accentuate owing to its varied applications in the consumer electronics market. WiMAX can be integrated in fixed or mobile networks, making it an essential component to Wi-Fi for continuous indoor/outdoor coverage. Escalating usage of internet, scores of hot spots and Wi-Fi hot zones are being realized in several application segments such as residential, industrial and commercial which is projected to fuel the WiMAX solutions market over the forecast period.

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WiMAX offers key features such as high speed, vast coverage along with multi functionality such as video streaming, transformation of data and voice application which is projected to impel WiMAX solutions market growth. Further, WiMAX offers network reliability coupled with high security level owing to its encryption system which is anticipated to proliferate WiMAX solutions market growth.

The WiMAX solutions offers a varied range of application such as streaming video, delivery of data and VoIP to consumers and cost effectiveness as compared to 2G and 3G technologies which is further expected to amplify the WiMAX solutions market growth.

Telephony and mobile internet have been used extensively across the globe The considerated change in the mode of communication and acquiring information over the mobile internet across the globe is expected to offer lucrative opportunities for the WiMAX solutions market over the next six years.

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The WiMAX solutions can be categorized on the basis of products into WiMAX on the movable, rural WiMAX and stationary WiMAX. WiMAX on the move allows the users to connect through several portable devices such as laptops, mp3 players and WiMAX enabled phones.

North America is projected to be the prominent region for the WiMAX solutions market over the next six years. Asia Pacific is expected to observe significant growth owing to the increasing demand and advancement of technologies. Government in several regions are focusing on strict regulations related to wireless broadband including deregulating local frequency spectrum, issuing licenses for commercial public application is further projected to be a prominent market driver.

Key players in the WiMAX solutions market comprise Huawei Technologies Co. Ltd, Intel, Packet One Network, Fujitsu Ltd, ZTE Corporation, Samsung, Alcatel-Lucent, Motorola, AirSpan Networks, Beceem Communications, Xilinx.Inc and Alvarion Technologies Ltd.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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