Global Wireless infrastructure Market to reach USD 115.3 billion by 2025 | CAGR: 5.8%
Global Wireless Infrastructure Market is valued at USD 69.44 billion in 2016 is anticipated to grow USD 115.3 billion with the compounded annual growth of 5.8% over the forecast period 2017-2025.
New York 12 June 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Wireless infrastructure industry is poised to raise USD 115.3 billion by 2025. . The projected growth of wireless networking technology and associated devices is also owing to ongoing trends of BYOD, WYOD, cloud computing, and Artificial Intelligence (AI) in telecom applications. With growing network and technology infrastructure among different industry verticals, demand for high-speed data transmission and connectivity has increased considerably.
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The industry seems to be fairly competitive. Some of the leading market players include qualcomm technologies Ltd., NEC Corporation, Huawei technologies co. ltd., ADTRAN, Inc., Motorola solutions inc., and so on. Other market players discussed in the report include ericsson, Samsung, ZTE corporation, Cisco systems Inc., Fujistu. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Issues regarding high R&D expenditures are expected to hinder the growth of the market.
- Usage of Internet are increasing on a large scale, a considerable growth of wireless infrastructure is expected.
Bizwit Research & Consulting LLP has considered following segments for the study:
- Small cells
- Cloud RAN
- Carrier Wi-Fi
- Mobile core
- North America
- Asia Pacific
- Latin America
- Rest of the World