In-Building Wireless Market
In-Building Wireless Market Study Infrastructure and Services for Government, Manufacturing, Transportation & Logistics, Retail, Hospitality, and Healthcare from 2024 to 2034
Analysis of In-Building Wireless Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
In-Building Wireless Market Outlook (2024 to 2034)
As revealed in the latest detailed research report by Fact.MR, the global in-building wireless market has been calculated at a value of US$ 43.6 billion for 2024 and thereafter advance at a CAGR of 10% to climb to US$ 113 billion by the end of 2034.
Growing penetration of mobile phones along with increasing demand for smart and intelligent devices are set to lead to overall in-building wireless market growth. In recent years, use of mobile devices has increased from simple oral communication devices to sophisticated smart and multi-function solutions. Commercialization of next-generation 5G network is estimated to positively influence the in-building wireless market trends in the coming 10 years.
Companies such as Reliance are switching to faster networks with rising demand for better broadband and cellular coverage to improve user experience. In addition, digital transformation is also anticipated to increase the demand for defined and distinct network coverage. Therefore, an increased inclination of end users is experienced, who are actively looking for smart technologies to save money and time.
- Demand for in-building wireless solutions in Japan is anticipated to accelerate at a CAGR of 11.3% through 2034.
- East Asia is forecasted to account for 26% of the global in-building wireless market share by the end of the assessment period (2024 to 2034).
- Based on component, the infrastructure segment is projected to hold 58% share of the global market by 2034.
Increasing construction of buildings concentrating on sustainable and modern concepts is anticipated to serve as a crucial factor in increasing demand for in-building wireless solutions. Furthermore, a growing trend toward intelligent and smart buildings, increasing business assurance for some critical applications, and rising requirements for robust and efficient in-door connectivity are set to generate demand for in-building wireless solutions.
Availability of shared spectrum and unlicensed spectrum across the globe is anticipated to contribute to the future of the global market. Further, increasing R&D activities for product advancements are estimated to widen opportunities for service providers.
For instance :
- Advanced RF Technologies, in October 2019, offered a 5G wireless products suite. It includes millimeter-wave repeaters and support for the digital distributed antenna system and its ADXV system series, DAS.
Report Attributes | Details |
---|---|
In-Building Wireless Market Size (2024E) | US$ 43.6 Billion |
Forecasted Market Value (2034F) | US$ 113 Billion |
Global Market Growth Rate (2024 to 2034) | 10% CAGR |
South Korea Market Growth (2024 to 2034) | 11.6% CAGR |
North America Market Share (2034F) | 31.5% |
Market Share of Manufacturing Sector (2034F) | 20% |
Key Companies Profiled |
|
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What are the Leading Factors Contributing to Growing In-Building Wireless Market Size?
“Increasing Requirements for Network Coverage in Multiple Avenues”
Numerous building owners are taking an interest in offering quality indoor wireless services for the ones visiting buildings or for tenants. An increasing count of property owners is concentrating on providing reliable communication facilities in emergency cases through systems used for public safety, which is estimated to contribute to the rising adoption of in-building wireless services. Commercialization of 5G services along with the easy availability of shared and unlicensed spectrum are forecasted to be other salient factors contributing to the rising demand for distributed antenna systems (DAS) going forward.
Which Restraints are Estimated to Limit the Profits of In-Building Wireless Service Providers?
“Security Concerns and Lack of Expertise Hindering Market Growth”
Security concerns related to data and lack of skilled labor are projected to hamper market growth during the assessment period ending in 2034. In addition, increasing congestion in the network along with the implementation of stringent government regulations are forecasted to hinder market expansion.
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How are Startups Positioning Themselves in This Business Space?
“Emergence of Process Automation Technologies”
Numerous organizations across different verticals are constantly emphasizing the deployment of IoT (Internet of Things) for process automation and improving throughput. Therefore, a proliferation of IoT services along with related technologies is anticipated to offer startups lucrative opportunities in this market space.
Country-wise Insights
The increasing volume of the consumption of data in North America is anticipated to contribute to the dominance of North America in the global market, as mentioned in the research report published by Fact.MR. The region is forecasted to account for 31.5% share of global market revenue by 2034-end.
Why Does the United States Hold a High Share in the Market?
“Evolving Tech-Savvy Generation Widening Opportunities for In-Building Wireless Solution Providers”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 6.4 Billion |
Growth Rate (2024 to 2034) | 9.8% CAGR |
Projected Value (2034F) | US$ 16.2 Billion |
The United States is forecasted to contribute 45.6% of the North American market share by 2034. Rising demand for mobile devices along with an evolving tech-savvy generation is projected to contribute to market expansion. In addition, the presence of some prominent in-building wireless providers in the United States is also driving market growth. The rising popularity of BYOD in the country is also estimated to help players get benefits. Connectivity demand, environment constraints, and inclination to 5G network are stimulating companies to invest more in in-building wireless services.
Which Factors are Positively Influencing the Stance of In-Building Wireless Service Providers in China?
“Growing Adoption of 5G Services Widening Opportunities for In-Building Service Providers”
Attribute | China |
---|---|
Market Value (2024E) | US$ 5 Billion |
Growth Rate (2024 to 2034) | 10.8% CAGR |
Projected Value (2034F) | US$ 14 Billion |
China is anticipated to contribute 47.5% share of the East Asia market by 2034. The growing presence of mobile users in the country is expected to generate requirements for in-building wireless solutions. In addition, the growing deployment of 5G services is also forecasted to contribute to market expansion in the country. Moreover, the development of more efficient 5G services in China is also set to benefit market growth in the coming 10 years.
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Category-wise Insights
As mentioned in the research report recently published by Fact.MR, a market research and competitive intelligence provider, increasing dominance of the infrastructure segment is owing to the growing requirements for base solutions for improving cellular network connections.
Small cells are gaining more prominence across small cell sites, including homes and small offices for enhancing cellular coverage. Numerous property owners are concentrating on providing reliable communication facilities in emergency cases with the deployment of public safety systems, which is estimated to positively impact market growth.
Which Component Type is Set to Generate Higher Profits?
“Increasing Dominance of Infrastructure Segment”
Attribute | Infrastructure |
---|---|
Segment Value (2024E) | US$ 27 Billion |
Growth Rate (2024 to 2034) | 9.3% CAGR |
Projected Value (2034F) | US$ 65.5 Billion |
According to Fact.MR study, the infrastructure segment is forecasted to hold 58% share of the global market by the end of 2034. An expansion of the segment is owing to the increasing demand for consistent mobile services. In addition, various hospitals are also deploying in-building wireless solutions to provide outdoor cellular signals. These services are experiencing increased demand due to their ability to cope with inconsistent cellular network issues.
Which Application of In-Building Wireless Services is More Rewarding for Market Players?
“Commercialization of Manufacturing Sector with Industrial Automation”
Attribute | Manufacturing |
---|---|
Segment Value (2024E) | US$ 10.9 Billion |
Growth Rate (2024 to 2034) | 7.6% CAGR |
Projected Value (2034F) | US$ 22.6 Billion |
As per the Fact.MR analysis, the manufacturing sector is approximated to account for 20% share of the global market by 2034-end. In the manufacturing sector, in-building wireless systems enable users to integrate their machines, sensors, manpower, vehicles, and numerous other devices. These solutions cater to multiple issues, including service quality, compliance, security, and reliability with active involvement in the organization network.
Competitive Landscape
Leading market players are adopting numerous strategies for enhancing their presence across regions. Numerous strategies, including collaborations, acquisitions, and partnerships are some of the other methods adopted by players to get a competitive edge. In addition, quality control and the development of new in-building wireless services are projected to help players increase their reach.
For instance :
- CommScope is a provider of network infrastructure based in the United States. The company launched open interfaces, new radio points, and virtualized RAN functions in February 2020 for its OneCell, a small cell providing an accessible approach for numerous operators installing 5G networks in their respective companies.
- Ericsson, in April 2020, entered into a partnership with GCI for the integration of the first 5G cell sites in the United States. GCI is planning to upgrade numerous cell sites in Girdwood, Anchorage, and Eagle River while offering 5G-band solutions.
Key players in the in-building wireless market include Comba Telecom Systems Holdings Ltd., Nokia Corporation, Airspan Networks, Ericsson, Zinwave, Huawei Technologies Co., Dali Wireless, NEC Corporation, Axell Wireless, and CommScope Inc.
Segmentation of In-Building Wireless Market Research
-
By Component :
- Infrastructure
- Services
-
By Business Model :
- Service Providers
- Enterprises
- Neutral Host Operators
-
By Venue :
- Large
- Medium
- Small
-
By End User :
- Government
- Manufacturing
- Transportation & Logistics
- Retail
- Hospitality
- Healthcare
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
- FAQs -
How big is the in-building wireless market size in 2024?
The global in-building wireless market is poised to reach US$ 43.6 billion in 2024.
What is the demand outlook for in-building wireless services for 2034?
Worldwide demand for in-building wireless solutions is set to reach a market value of US$ 113 billion by 2034.
What is the forecasted CAGR for in-building wireless solutions from 2024 to 2034?
The market for in-building wireless solutions is forecasted to expand at a CAGR of 10% from 2024 to 2034.
How much share of the global market is projected to be held by North America?
North America is expected to hold 31.5% share of global market revenue by the end of 2034.
What is the demand projection for in-building wireless solutions in South Korea?
Demand for in-building wireless services in South Korea is projected to increase at 11.6% CAGR through 2034.
What is the contribution of the manufacturing sector to the global market?
The manufacturing sector is approximated to account for 20% share of the global market by 2034.