Uploaded on May 20, 2021
The global wireless network infrastructure ecosystem market size is predicted to touch USD 51,716 million at a 10.5% CAGR between 2017- 2023 states the recent Market Research Future (MRFR) analysis. Browse Complete Report @ https://www.marketresearchfuture.com/reports/wireless-network-infrastructure-ecosystem-market-936
Wireless Network Infrastructure Ecosystem Market
Market Analysis
The global wireless network infrastructure ecosystem market size is predicted to touch USD
51,716 million at a 10.5% CAGR between 2017- 2023 states the recent Market Research Future
(MRFR) analysis. Wireless network infrastructure, simply put, is the software and hardware
resources of a complete network connectivity, management, operations, and communication of
an enterprise network.
Various factors are propelling the Wireless Network Infrastructure Ecosystem Market. As per
the current MRFR report, such factors include increasing ownership of smartphones for video
conferencing, mobile gaming, and video streaming, development of online applications like
entertainment, media, online food delivery, and navigation, and development of innovative
solutions. Besides, the COVID-19 pandemic has witnessed a significant increase in wireless
network traffic, with more than 50% of employees across the globe working from home. The
workers are capable of connecting various devices online at any specific time. Besides, the usage
of video conferences via Zoom and VoIP technology has also boosted the need for wireless data
connection in the business of a high-speed. Rising use of smartphones has boosted the need for
high-speed data connections, which is also impacting the market growth.
On the contrary, the spectrum scarcity problem for commercial mobile radio frequency-based
networks may limit the global wireless network infrastructure ecosystem market growth over the
forecast period.
Market Segmentation
The MRFR provides an inclusive segmental analysis of the global wireless network infrastructure
ecosystem market based on connectivity technology and communication infrastructure.
By connectivity technology, the global wireless network infrastructure ecosystem market is
segmented into 5G, 4G/LTE, 3G, and 2G.
By communication infrastructure, the global wireless network infrastructure ecosystem market
is segmented into fronthaul, macrocell, and small cell. Small cell segment is again segmented into
femtocell, picocell, and microcell.
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Regional Analysis
By region, the global wireless network infrastructure ecosystem market report covers the recent
trends and growth opportunities across North America, the Asia Pacific (APAC), Europe, & the
Middle East and Africa. Of these, North America will have the lions share over the forecast period.
Deployment of 5G network connectivity, the widespread use of 5G network for faster and
efficient download speeds, growing demand for connectivity of IoT and sensor devices especially
for smart city developments, and the presence of leading players are adding to the global wireless
network infrastructure ecosystem market growth in the region. The US & Canada have the
maximum share in the market for heavy government investments for facilitating the
development of the telecommunication & IT sector, increasing use of cloud-based applications,
different initiatives by the government to deploy telecommunication and IT infrastructure, and
rise in compatible devices.
The global wireless network infrastructure ecosystem market in Europe is predicted to hold the
second-largest share over the forecast period. Rapid use of corporate-owned personally enabled
devices and bring your own device is adding to the global wireless network infrastructure
ecosystem market growth in the region. UK and France will have the maximum share in the
market.
The global wireless network infrastructure ecosystem market in the APAC region is predicted to
grow at a fast pace over the forecast period. The presence of leading players is adding to the
growth of the global wireless network infrastructure ecosystem market growth in the region.
The global wireless network infrastructure ecosystem market in MEA is predicted to have sound
growth over the forecast period.
Key Players
Key players profiled in the global wireless network infrastructure ecosystem market report
include ZTE Corporation (China), Samsung (Korea), Oracle Corporation (US), Wipro Limited
(India), IBM Corporation (US), Ericsson AB (Sweden), Nokia (Finland), Huawei Technologies Co.,
Ltd (China), Fujitsu (Japan), and Cisco Systems, Inc. (US). Industry players have incorporated
strategies such as mergers and acquisitions, joint ventures and partnerships, and strategic
alliances to stay at the forefront.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/wireless-
network-infrastructure-ecosystem-market-936
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