Dublin, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The "Carrier Wi-Fi Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Carrier Wi-Fi Equipment is estimated at US$5.3 Billion in 2023 and is projected to reach US$17.8 Billion by 2030, growing at a CAGR of 18.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The expansion of Carrier WiFi is catalyzed by several growth drivers, highlighting the interplay between technological advancements and evolving market demands. Hardware improvements, such as enhanced processing capabilities and extended range, enable Carrier WiFi to offer wider and more reliable coverage.
The rise of smart homes and connected devices necessitates robust WiFi solutions capable of managing multiple simultaneous connections, pushing the boundaries of Carrier WiFi technology. The seamless integration with existing telecom infrastructure provides a cost-effective enhancement to current services, appealing to operators looking to expand their offerings without substantial overhauls. Additionally, the growing consumer expectation for seamless connectivity across various environments, including transitional zones between outdoor cellular and indoor WiFi networks, enhances the appeal of Carrier WiFi.
Furthermore, the adoption of IoT in industrial settings and public WiFi initiatives by governments promote the use of Carrier WiFi in both public and private sectors, supported by enhanced security protocols that address increasing concerns over data security and privacy. These factors collectively drive the adoption of Carrier WiFi, ensuring its continued relevance and expansion alongside the deployment of next-generation mobile networks.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Fixed Carrier Wi-Fi Equipment segment, which is expected to reach US$9.0 Billion by 2030 with a CAGR of a 17.9%. The Mobile Carrier Wi-Fi Equipment segment is also set to grow at 20.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.4 Billion in 2023, and China, forecasted to grow at an impressive 27.0% CAGR to reach $5.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aerohive Networks, Aruba, a Hewlett Packard Enterprise Company, Broadcom Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 273 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $5.3 Billion |
Forecasted Market Value (USD) by 2030 | $17.8 Billion |
Compound Annual Growth Rate | 18.8% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Carrier Wi-Fi Equipment - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
MARKET TRENDS & DRIVERS
- Increasing Demand for High-Speed Internet Connectivity
- Growth of Mobile Device Usage and Data Consumption
- Advancements in Carrier Wi-Fi Technologies and 5G Integration
- Rising Adoption of Wi-Fi Offload Solutions by Mobile Network Operators
- Impact of COVID-19 Pandemic on Internet Usage Patterns
- Government Regulations and Standards for Wireless Communication
- Expansion of Carrier Wi-Fi Applications in Public and Enterprise Networks
- Development of Seamless and Secure Wi-Fi Roaming Solutions
- Role of Carrier Wi-Fi in Enhancing Network Capacity and User Experience
- Market Penetration of Carrier Wi-Fi in Smart Cities and IoT Applications
- Influence of Technological Innovations on Wi-Fi Performance and Security
- Growth of Carrier Wi-Fi in Emerging Economies
- Challenges Related to Spectrum Allocation and Interference Management
- Emerging Markets and Growth Opportunities in Developing Regions
- Future Trends and Innovations in Carrier Wi-Fi Equipment and Solutions
FOCUS ON SELECT PLAYERS(Total 33 Featured)
- Aerohive Networks
- Aruba, a Hewlett Packard Enterprise Company
- Broadcom Ltd.
- Cisco Systems, Inc.
- Edgewater Wireless Systems, Inc.
- Hewlett Packard Enterprise Development LP (HPE)
- Huawei Technologies Co., Ltd.
- Ruckus Networks, Inc.
- Telefonaktiebolaget LM Ericsson
For more information about this report visit https://www.researchandmarkets.com/r/u3cswd
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