24th May 2019 – The in-building wireless market by Top Key Players (Cobham, Alcatel-Lucent Enterprise International, Smiths Group, Corning, AT&T, Verizon Communication Inc, Anixter In., TE Connectivity, Commscope, and Ericsson), Geographical Analysis (North America, Europe, Asia-Pacific, Latin America and Africa), Size, Share and Revenue.
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The global in-building wireless market is expected to display higher growth rate over the next seven years. Rapid surge in in-building wireless industry is credited to the expansion of the telecommunication market and rise in the use of smartphones. The other factors driving the growth of market are high-end requirement of wireless sensor networks for building smart infrastructure, constant need for low power wide area (LPWA) systems in IoT-based applications, marginal increase in the use of Wi-Fi, and ever increasing adoption of IoT-based applications.
Furthermore, large-scale investment in research & development for the Internet of Things, rising requirement for cross domain applications, and large-scale implantation of Wi-Fi in private as well as enterprise sectors, provides key opportunities for the expansion of market during the forecast period. Globally, in-building wireless market is predicted to generate massive revenue over the next seven years, providing numerous opportunities for industry participants to invest in research and development of in-building wireless solutions.
Wireless connectivity is a broad term, incorporating all functions and methods for connection and communication among multiple devices via a wireless signal. The communication and connection is carried with help of different technologies. Along with the revolution of the wireless technology, number of effective feature get added, resulting in the expansion of the market across various private and enterprise-level sectors.
The wireless communication does not require excess of infrastructure such as the connecting wires, connecting ports, and power sources. Due to which substantial cost is reduced, unlike wired communication where infrastructure is necessary for successful execution of the communications. Wireless solutions allow users to interconnect irrespective of their location. Other advantages provided by wireless communications include flexibility, convenience, speed, easy accessibility and constant connectivity.
The in-building wireless industry is broadly categorized into major segments based on the use of component type such as antennas, cabling, DAS, repeaters, and small cells. DAS systems segment is growing rapidly in the in-building wireless market with substantial revenue generation in the last few years.
The in-building wireless industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in telecom sector, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth.
Asia-Pacific region is estimated to hold a major share in the in-building wireless market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising infrastructural activities, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the in-building wireless industry are Cobham plc, Alcatel-Lucent Enterprise International, Inc., Smiths Group plc, Corning Inc., AT&T Inc., Verizon Communication Inc., Anixter Inc., TE Connectivity Ltd., Commscope Inc., and Ericsson.
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