Wireless Infrastructure Market

Wireless Infrastructure Market Size:

The global wireless infrastructure market size reached US$ 153.82 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 306.03 Billion by 2032, exhibiting a growth rate (CAGR) of 7.94% during 2024-2032. The market is primarily driven by the increasing investment in the Internet of Things (IoT) sector, supportive government initiatives in 5G, and the expansion of urban areas and smart cities requiring advanced wireless networks supporting diverse services.

Wireless Infrastructure Market Analysis:

• Major Market Drivers: The demand for improved wireless infrastructure is driven by the growth of IoT devices and rising data consumption. Furthermore, several wireless technological developments, including 5G and 6G technology improvements, are driving the global growth and modernization of wireless infrastructure. Additionally, governments are funding the development of digital infrastructure to promote technical improvement and economic expansion, making it easier to implement next-generation wireless networks.
• Key Market Trends: The ongoing development in 5G networks is offering more connections, reduced latency, and higher speeds. The future of wireless infrastructure is being shaped by this trend as it enables new services and applications possible. Furthermore, it is common to integrate edge computing with wireless infrastructure, which allows for faster data processing and lower latency by bringing computation closer to data sources. As the market becomes more critical, the need to protect infrastructure from cyberattacks and guarantee data transmission is influencing the wireless infrastructure market growth.
• Geographical Trends: North America is leading in 5G rollout and advanced wireless infrastructure due to large investments from major telecom providers and favorable legislative frameworks. Besides, the rapid expansion of wireless infrastructure in the Asia Pacific nations like China and India is due to rapid urbanization, widespread technology adoption, growing 5G deployment, and increased infrastructure development across the region. Furthermore, Europe is concentrating on the rollout of 5G and smart city initiatives, with some nations establishing aggressive goals for network growth and the improvement of digital infrastructure.
• Competitive Landscape: Some of the major wireless infrastructure companies include Capgemini SE, Ciena Corporation, Cisco Systems Inc., Ericsson, Fujitsu Ltd., Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co. Ltd.), Mavenir Systems Inc., NEC Corporation, Nokia Corporation, NXP Semiconductors N.V., Qualcomm Incorporated, Samsung Electronics Co. Ltd., ZTE Corporation, among many others.
• Challenges and Opportunities: The quick development of wireless infrastructure is creating challenges due to high deployment costs and regulatory obstacles while network operators also face major difficulties in managing and allocating spectrum. On the other hand, new opportunities include the development of 5G networks, which presents chances for novel applications and business models like self-driving cars and smart cities. Along with this, the persistent need for quicker and more dependable connections also offers infrastructure companies a lot of room to develop.
   

Wireless Infrastructure Market Trends:

Increasing Investment in the Internet of Things (IoT) Sector

The expansion of the Internet of Things (IoT) is a critical factor propelling the growth of wireless infrastructure. According to the International Data Corporation (IDC), the global investments in the Internet of Things (IoT) will reach $805.7 Billion in 2023, a 10.6% increase from the previous year. It is projected that IoT expenditure will surpass $1 Trillion by 2026, with a compound annual growth rate (CAGR) of 10.4% from the 2023 to 2027 forecast period. This extraordinary increase highlights the need for strong wireless networks that can manage enormous data loads and sustain connectivity throughout expanding smart environments. Hence, the expansion of IoT devices from smart cities to industrial automation requires more advanced and scalable wireless infrastructure to guarantee uninterrupted operation and communication which, increases the overall wireless infrastructure market revenue.

Supportive Government Initiatives in 5G

The rapid deployment of 5G technology is crucial for modernizing global wireless infrastructure. Additionally, several governments are also sponsoring 5G initiatives to accelerate this transition. For instance, in April 2023, the government of the United Kingdom (UK) introduced a new wireless infrastructure strategy. This policy aimed to provide 5G access to all populated regions by 2030 and encouraged the development of future wireless technologies. Moreover, a national mission has been committed by the government, with funding of up to £100 Million ($130 Million) which is a part of the government's Science and Technology Framework, which identifies future telecommunications as one of the five essential technologies that will propel economic expansion, improve well-being, and create employment across the nation. As part of this plan, the UK aims to achieve complete national coverage of standalone 5G by 2030 while expanding 4G coverage to 95% of the population. Besides, the government intends to allocate £40 Million toward the establishment of eight to ten 5G innovation areas across the nation. Therefore, this government supports the technological advancements required for advanced wireless infrastructure and ensures that the benefits of 5G technologies are widely distributed while laying the groundwork for future advancements in mobile communications and the corresponding economic growth, which creates a positive wireless infrastructure market outlook.

Expansion of Urban Areas and Smart Cities

The expansion of urban areas and the development of smart cities are significantly influencing the growth of wireless infrastructure. As urban populations increase, the World Health Organization (WHO) projected that 68% of the global population will reside in urban areas by 2050, thus increasing the wireless infrastructure demand for sophisticated and reliable wireless networks. Additionally, smart cities include IoT technology to improve public services and infrastructure management, such as traffic control, public safety systems, and smart lighting. Moreover, the proper operation of these services depends on consistent and reliable wireless connectivity, requiring the development of a large-scale wireless infrastructure capable of handling high data flow and real-time communication. Consequently, telecommunications companies and city planners are investing in upgrading existing networks and deploying new technologies like 5G to ensure that urban centers can support the digital functionalities required by smart cities, thereby fueling further expansion in the wireless infrastructure market.

Wireless Infrastructure Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, platform, and infrastructure.

Breakup by Type:

• Satellite
• 2G and 3G
• 4G and LTE
• 5G
   

5G accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the type. This includes satellite, 2G and 3G, 4G and LTE, and 5G. According to the report, 5G represented the largest segment.

5G technology is widely adopted owing to its advanced features, which include faster data rates, lower latency, and more connection. These features help to meet the rising demand for high-speed Internet services and facilitate the growth of Internet of Things (IoT) devices. Besides, with businesses and consumers depending more on digital solutions, 5G's infrastructure continues to grow due to extensive investments made by telecom companies eager to profit from the new income streams this technology creates. Furthermore, the development of 5G networks is anticipated to fundamentally alter the wireless infrastructure market and alter several industries, including healthcare, the automobile industry, and manufacturing. Hence, major firms are launching sophisticated product variations to address these demands. For instance, on 5 July 2024, Cisco, a global leader in networking and security solutions, and Home Team Science and Technology Agency (HTX) revealed the signing of a Memorandum of Understanding (MOU) to initiate pilot projects involving 5G and AI technologies aimed at bolstering homeland security in Singapore.

Breakup by Platform:

• Government and Defense
• Commercial
   

Commercial holds the largest share of the industry

A detailed breakup and analysis of the market based on the platform have also been provided in the report. This includes government and defense and commercial. According to the report, commercial accounted for the largest market share.

The commercial platform is emerging as the largest segment due to its extensive deployment of wireless solutions across businesses aiming to enhance connectivity, productivity, and operational efficiency. Additionally, in commercial settings, the need for robust, scalable, and secure wireless infrastructure is critical to support the growing demand for data-driven services, Internet of Things (IoT) applications, and mobile-first strategies. As enterprises increasingly adopt cloud computing and remote working models, the reliance on advanced wireless networks that can support high volumes of traffic and provide seamless connectivity continues to propel the market growth. Thus, market players are introducing numerous product variants to meet these needs. For instance, on 26 October 2023, Terramont Infrastructure Partners, a North American infrastructure investment firm focusing on the middle market, finalized a substantial equity investment in Newbridge Wireless, a prominent provider of vital wireless infrastructure solutions. Additionally, Newbridge specializes in designing, deploying, owning, and operating carrier-grade last-mile wireless infrastructure for mobile network operators and enterprise venues. The company serves a diverse clientele including medical facilities, universities, commercial real estate properties, and government campuses throughout North America, boasting an expansive and valuable portfolio of digital assets in key markets.

Breakup by Infrastructure:

• Macrocell Radio Access Networks (RAN)
• Small Cells
• Remote Radio Heads (RRH)
• Distributed Antenna Systems (DAS)
• Cloud RAN
• Carrier Wi-Fi
• Mobile Core
• Backhaul
   

Distributed antenna systems (DAS) represent the leading market segment 

The report has provided a detailed breakup and analysis of the market based on the infrastructure. This includes macrocell radio access networks (RAN), small cells, remote radio heads (RRH), distributed antenna systems (DAS), cloud ran, carrier Wi-Fi, mobile core, and backhaul. According to the report, distributed antenna systems (DAS) represented the largest segment.

Distributed antenna systems (DAS) are emerging as the predominant segment. Additionally, DAS solutions are vital for enhancing cellular connectivity in extensive, complex environments such as stadiums, hospitals, and large corporate buildings. This technology addresses increased data traffic and connectivity demands by effectively distributing network coverage throughout a facility. Moreover, the DAS is driven by the escalating need for seamless mobile communications and the ongoing expansion of cellular networks that require robust infrastructure solutions. As industries and public services rely on mobile networks, DAS systems are crucial in providing the necessary infrastructure to support continuous connectivity, thus sustaining their dominant position in the market. According to the wireless infrastructure market recent developments, on 3 April 2023, Sacred Heart University (SHU) formed a strategic partnership with Newbridge Wireless, a distinguished developer and operator of DAS systems, to implement DAS-as-a-service (DASaaS) on its campus. As per the agreement, Newbridge Wireless will install, own, and oversee a neutral host DAS network at the university’s location in Fairfield, Connecticut. This infrastructure will support cellular services from all leading wireless carriers in the United States.

Breakup by Region:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

North America leads the market, accounting for the largest wireless infrastructure market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest regional market for wireless infrastructure.

According to the wireless infrastructure market overview, North America is the predominant segment. This leadership is largely attributed to the region's rapid adoption of advanced technologies, substantial investments in 5G deployment, and a strong presence of key market players driving innovation and expansion. For instance, on 4 March 2024, Cisco partnered with Fira de Barcelona to oversee the network operations at its Montjuïc and Gran Via venues during the MWC Barcelona event. This collaboration featured a range of basic and advanced services underpinned by Cisco’s technology, providing complimentary, secure Wi-Fi access for all attendees and specialized wireless connectivity in indoor and outdoor exhibition areas and hot spots for exhibitors and event organizers. The network infrastructure utilized Cisco’s Catalyst wired and wireless platforms, which are equipped with the latest Wi-Fi 6E technology, managed by Cisco Catalyst 9800 and Catalyst Center. Additionally, the market benefits from the well-established telecommunications sector, high internet penetration, and the increasing demand for mobile data services. Moreover, governmental policies supporting telecommunications infrastructure and the rising trend of IoT, and smart devices further propel the market growth. Hence as per the wireless infrastructure market forecast, the regional dominance will continue in the coming years due to technological advancements.

Competitive Landscape:

• The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the wireless infrastructure industry include Capgemini SE, Ciena Corporation, Cisco Systems Inc., Ericsson, Fujitsu Ltd., Huawei Technologies Co. Ltd. (Huawei Investment & Holding Co. Ltd.), Mavenir Systems Inc., NEC Corporation, Nokia Corporation, NXP Semiconductors N.V., Qualcomm Incorporated, Samsung Electronics Co. Ltd., and ZTE Corporation.
  
  (Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
   
• At present, key players in the wireless infrastructure market are actively enhancing market growth through several strategic initiatives. Additionally, wireless infrastructure market recent opportunities allow companies to invest heavily in research and development (R&D) to drive innovation and focus on technological advancements and the rollout of 5G networks. Moreover, collaborations and partnerships are also pivotal, as firms join forces to expand their market reach and share expertise. Furthermore, mergers and acquisitions are commonplace, allowing larger entities to absorb niche technologies and broaden their service offerings. These players also prioritize improving network infrastructure to support the increasing volume of data traffic and the expansion of connected devices. For instance, on 27 October 2023, Reliance Jio Infocomm Limited showcased the first satellite-based gigabit fiber service of India, aimed at providing high-speed broadband to remote areas within India. The unveiling of the new satellite broadband service, JioSpaceFiber, took place at the India Mobile Congress. Currently, Jio provides high-speed broadband through fixed-line and wireless formats to more than 450 million users across India. This expansion ensures that consumers and businesses enjoy consistent, high-speed internet and entertainment services with low latency, irrespective of their geographical location. Additionally, the satellite network will enhance mobile backhaul capacity, significantly improving the reach and efficacy of Jio True5G services in most remote areas of the country.

Wireless Infrastructure Market News:

• On 19 October 2023, the Mobile Infrastructure Forum (MIF) was launched to facilitate the advancement of top-tier mobile infrastructure across the United Kingdom (UK), aiming to boost wireless connectivity for public and private sectors. The forum is composed of four principal organizations known for their extensive shared mobile infrastructure networks within the UK, Cellnex UK, Cornerstone, MBNL, and Wireless Infrastructure Group. Additionally, the MIF is dedicated to fostering world-class mobile infrastructure that enhances connectivity across the country. It is collaborating with the government and other key stakeholders to share insights and perspectives from MIF members to help shape policy and regulations.
• 25 October 2023, Reliance Jio Infocomm Limited announced a new collaboration with Plume, a leader in network services and customer experience. This partnership aims to offer fixed-line and wireless services that are cloud-managed and entirely hosted within India, while bringing top-tier smart home and small business solutions to its users throughout India, leveraging Plume’s advanced cloud platform. These services are set to reach around 200 million properties across the country.
• 7 February 2024, Soho Estates partnered with Wireless Infrastructure Group (WIG) to offer top-tier indoor mobile services at Ilona Rose House, a newly developed 300,000 sq ft mixed-use building with eight floors of premium office space located in the vibrant heart of London's creative district. In collaboration with Soho Estates, WIG will implement its premier ATOMTM solution at Ilona Rose House to provide exclusive, high-quality mobile connectivity across the building, accommodating all mobile operators.

Wireless Infrastructure Market Report Scope:

Key Questions Answered in This Report:

• How has the global wireless infrastructure market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global wireless infrastructure market?
• What is the impact of each driver, restraint, and opportunity on the global wireless infrastructure market?
• What are the key regional markets?
• Which countries represent the most attractive wireless infrastructure market?
• What is the breakup of the market based on the type?
• Which is the most attractive type in the wireless infrastructure market?
• What is the breakup of the market based on the platform?
• Which is the most attractive platform in the wireless infrastructure market?
• What is the breakup of the market based on the infrastructure?
• Which is the most attractive infrastructure in the wireless infrastructure market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global wireless infrastructure market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the wireless infrastructure market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global wireless infrastructure market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the wireless infrastructure industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.