The Wireless Network Infrastructure Ecosystem Market Size is growing pervasively. Market growth attributes to the proliferation of smartphones and smart connected devices, increasing Internet traffic. Today, smartphones are developed with in-built technologies that can support various applications for video streaming, mobile gaming, and video conferencing, among others.
This, alongside the development of online applications such as navigation, online food delivery, media entertainment, has positively impacted the market growth, leading to a rapid increase in data traffic and requirement for high-speed data connection.
With the ever-growing data connection demands, the market will witness significant accruals in the next six years. According to Market Research Future (MRFR), the global Wireless Network Infrastructure Ecosystem Market Size is expected to reach exponential heights by 2027, growing at an impressive CAGR during the forecast period (2020-2027).
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Recent COVID 19 Pandemic has Boosted Demand for Robust Stable Networks
Moreover, increasing opportunities in developing countries inclined toward automation and increasing adoption of cloud technology services boost the regional market growth. Additionally, the increasing numbers of prominent players in this market drive the market growth, continually innovating and presenting cost-effective secured low-power wireless network infrastructure ecosystem solutions.
Global Wireless Network Infrastructure Ecosystem Market Size - Regional Analysis
North America dominates the global wireless network infrastructure ecosystem market. Factors such as the rising demand for high-speed data connection and the growing adoption of smartphones drive the market. The region perceives a higher growth in technology advancements, manufacturing processes, and industrial infrastructure.
Besides, the presence of many major technology enablers offering a favorable platform for the wireless network infrastructure ecosystem and early adopters of advanced networking technologies in this region boost the market size.
Global Wireless Network Infrastructure Ecosystem Market Size - Segmentation
The report is segmented into components, communication infrastructures, connectivity technologies, and regions. The component segment is sub-segmented into hardware and software. Sub-segment hardware is bifurcated into small cells, macrocells, radio access networks, distributed antenna systems, backhaul, fronthaul, remote radio head, and others.
Similarly, sub-segment software is bifurcated into network function virtualization (NFV), operations support systems (OSS)/business support systems (BSS), software-defined networking (SDN), and others. The communication infrastructure segment is sub-segmented into microcell, picocell, and femtocell. The connectivity technology segment is sub-segmented into 2G/3G, 4G, and 5G.
Global Wireless Network Infrastructure Ecosystem Market Size - Competitive Analysis
Fiercely competitive, the Wireless Network Infrastructure Ecosystem Market Size appears fragmented due to the presence of several well-established players. To gain a larger competitive share, players incorporate strategic initiatives such as mergers acquisitions, collaborations, expansion, and product technology launch. They make substantial investments to transform the consumer and business landscape in the future.
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Major Players:
Players leading the global Wireless Network Infrastructure Ecosystem Market Size are Fujitsu (Japan), Cisco Systems, Inc. (US), Huawei Technologies Co., Ltd (China), Ericsson AB (Sweden), Nokia (Finland), IBM Corporation (US), Oracle Corporation (US), Wipro Limited (India), Samsung (Korea), and ZTE Corporation (China), among others.
Industry/Innovation/ Related News:
August 03, 2021 --- STL, an industry-leading integrator of digital networks, announced its collaboration with Facebook Connectivity to design and develop 4G and 5G radio products. The deal is a part of the Evenstar program that would help accelerate the commercial deployment of Open RAN and boost 5G readiness for operators around the world.
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