July 18, 2024

The Rising Tide of the In-Building Wireless Market: Envisioning US$ 23,450.5 Million by 2032 with a 6.5% CAGR Growth Rate

The global in-building wireless market had a total value of US$ 12,550 million in 2022. It is projected to reach a value of US$ 23,450.5 million by the year 2032. This growth is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 6.5% throughout the forecast period. The rising demand for in-building wireless solutions could be attributed to being covered up for the instability that cellular carrier networks face while actuating the data traffic in hospitals, offices, shopping malls, and hotels.

In other words, poor RF performance, power losses, and challenges related to intermodulation are overcome by the in-building wireless solutions by using DAS, small cells, and in-building wireless equipment. With indoor network coverage being quite poor, MVNOs (Mobile Virtual Network Operators) as well as neutral host providers for leveraging in-building wireless solutions.

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At the same time, the fact that the microwave backhaul network is subject to problems regarding LoS (Line of Sight) can’t be ignored. On the contrary, deploying fiber backhaul networks for in-building wireless solutions is tough owing to low availability and higher costs in several cities.

Coming to macro networks, wireless operators handle backhauls via directional, point-to-point microwave antennas, low-latency fiber-optic cables, or high bandwidth. These factors could restrain the in-building wireless market in the near future. Future Market Insights has walked through these facts with future prospects in its latest market study entitled ‘In-Building Wireless Market’.

Key Takeaways from In-Building Wireless Market Report:

· North America holds more than 35% of the market share. This is evident from the fact that majority of the US citizens have access to internet.

· Europe holds more than 20% of the market share due to services helping enterprises in the maintenance of high-performance, resiliency, and higher availability of multi-technology networks across the industry.

· The Asia-Pacific is expected to grow at the fastest pace in the in-building wireless market due to the penetration of the internet at lightning speed.

Competitive Analysis

· Alcatel Lucent, in September 2022, entered into a partnership with Jay Kay Systems Consulting Inc., for delivering expert IT solutions to businesses based out of Canada. It is actually emphasizing on offering cost-effective and innovative IT solutions by providing network management solutions and wireless products.

· AT&T, in August 2022, did announce that it started with the expansion of the 5G network, that too, on FirstNet by improvising on connectivity for the US public with wireless backup in the form of FirstNet.

· Cambium Networks, of late, started emphasizing offering wireless fabric portfolio management along with connectivity management to large, medium, and small enterprises.

· China-based H3C makes way for high-speed EIFI 6 routers. It actually implies the advanced usage of EIFI for enhancing the usage of wireless technology for supporting IoT devices’ functionality.

· CommScope, in February 2020, improvized on ‘OneCell’. It’s a small-cell solution with new radio points, virtualized RAN functions, and open interfaces. This solution leverages the latest O-RAN (Open RAN) with management frameworks to provide an open and innovative approach to those facilitating the delivery of in-building wireless services in enterprises.

· Comba Telecom, in February 2019, entered into a partnership with Parallel Wireless to deliver 5G and 4G Open VRAN solutions. These solutions do integrate the latter’s software with the former’s RRU (Remote Radio Unit) and the base station antennas for leveraging integration services.

· Corning, in March 2019, inaugurated an R&D center in Montreal (Canada). The center focuses on the development of new technologies using analytics, AI, and virtualization to develop innovative solutions for edge computing and 5G technologies.

· Ericsson, in April 2020, entered into a partnership with GCI for deploying the very first 5G cell sites at Anchorage (US). GCI started the upgradation of several sites in Eagle River, Anchorage, and Girdwood to 5-band 5G NR solution.

Leading Key Players:

  • Alcatel Lucent
  • Cobham PLC
  • Corning Incorporated
  • Smiths Group PLC
  • Verizon Communication, Inc.
  • AT&T, Inc., Anixter Inc.
  • Commscope, Inc.
  • Ericsson
  • TE Connectivity
  • Ethertronics
  • Lord and Company Technologies
  • Betacom Incorporated
  • Lemko Corporation
  • Oberon Inc.
  • Telecommunication Systems, Inc.

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