In-Building in Wireless 5G Era Market Size, Share, and COVID-19 Impact Analysis, by Type (Distributed Antenna Systems (DAS), Small Cel, Virtual Radio Access Networks (V-RAN)), by Application (Enhanced Mobile Broadband (eMBB), Massive IoT (mMTC), UltraReliable Low-Latency Communication (URLLC), Fixed Wireless Access (FWA), Others), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2022-2030

KEY MARKET INSIGHTS

The global In-Building in Wireless 5G Era Market size was valued at USD 5.0 billion in 2021 and is expected to grow by USD 7.8 billion in 2030 at a CAGR of 5.4%. To maintain sustained connectivity, in-building wireless (IBW) solutions offload data needs from high-rise buildings, busy stadiums, enormous campuses, and hotel complexes. The public expects 5G to give a quicker, more advanced network connection, and this has put enormous pressure on carriers to produce a better end-user experience. Providing 5G capabilities necessitates more bandwidth availability, as well as devices closer to transmitters for shorter RF band lengths. Carriers' clients can profit from 5G by installing wireless transmitters in their facilities. Moreover, in-building wireless solutions have come a long way in terms of efficiency, with respect to the implementation of high-speed connectivity with unique technologies, and the ever-evolving technology is sure that the market will continue to develop during the forecast period. 

COVID-19 ANALYSIS 

The COVID-19 epidemic has had an impact on all aspects of society, including individuals and corporations. During the COVID-19 epidemic, the telecom sector is playing a critical role in supporting governments' digital infrastructure all around the world. Every individual and government, including federal, state, central, local, and provincial governments, has been in continual contact with one another in society to supply and receive real-time information on COVID-19. Telecommunications, healthcare, media and entertainment, utilities, and government institutions are currently working around the clock to stabilize the situation and provide essential services to everyone. During the COVID-19 pandemic, the bulk of the workforce in businesses like IT works from home to adhere to social distancing norms. For instance, Microsoft has declared WFH for all of its employees until October 2020. TCS recently claimed that by 2025, 75 percent of its 4.48 lakh global employees will be able to work from home. As a result, the majority of mobile traffic originates from residential buildings, necessitating the use of in-building wireless for corporate activities.       

LATEST TREND

Emergence of industrial and commercial IoT Provide Lucrative Opportunity

Various sectors are seeking to improve their utilization of IoT in order to automate processes and increase production. As a result of the rise of cloud computing and related technologies, the in-building market in the wireless 5G era will have an opportunity. The in-building wireless network enables users to connect a variety of equipment, sensors, people, cars, and other devices in a variety of applications and scenarios. Reliability, security, service quality, and compliance are all addressed by any in-building wireless network. Samsung, Nokia, and Cisco are among the major organizations aiming to integrate in-building wireless networks into the Internet of Things.   

DRIVING FACTORS

Increasing Demand for High-Speed Internet Connectivity Has Propel Market Growth 

Wireless technology has changed dramatically in recent years as a result of innovation around the world. The remote area has now been touched by the continuous growth of mobile network coverage. Due to the severe competition in the sector, it has also reduced data consumption charges. Furthermore, some significant reasons are fueling the wireless industry's growth and setting new records in terms of network traffic, wireless connection, and wireless infrastructure deployment. The debut of 5G mobile and fixed services in the United States in 2018 has increased network densification across the country, propelling market development. 

Increasing Adoption of 5G Technology is expected to Drive Market Growth   

Broad-spectrum, reduced latency, higher bandwidth, and continual connectivity are expected to revolutionize mobile technology and internet-connected devices in the next few years. These features will boost connection speed, high-definition movies, allowing for uninterrupted video streaming, and faster downloads. 5G technology is expected to open up new business prospects for a variety of telecom corporations around the world. During the projected period, the growing number of mobile consumers and increased internet data usage are expected to boost demand for wireless infrastructure in various countries.

RESTRAINTS

Complexities Related To Development Restraint Market Growth

The large-scale expansion of wireless networks may generate certain important challenges, such as data privacy breaches and network breaches, impeding the industry's progress in the next years. This form of infrastructure is typically connected with significant capital expenditure by the market's major players. These reasons may limit the expansion of the industry during the forecast period.          

SEGMENTATION

The global In-Building in Wireless 5G Era Market is segmented by Type, Application, and Region. Based on the Type, the market is categorized into Distributed Antenna Systems (DAS), Small Cel, Virtual Radio Access Networks (V-RAN). Based on Application, the market is categorized into Enhanced Mobile Broadband (eMBB), Massive IoT (mMTC), UltraReliable Low-Latency Communication (URLLC), Fixed Wireless Access (FWA), Others. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.     

REGIONAL INSIGHTS

The global In-Building in Wireless 5G Era Market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.  

North America hold the greatest share of the wireless infrastructure market owing to the existence of a large number of manufacturers and service providers in the region, as well as substantial customers and defense users, all of which contribute to strong expansion throughout the forecast period. 

Europe held the second biggest market share due to the presence of major key players and technology companies in this region, such as Ericsson, Inmarsat plc, Deutsche Telekom, and Three UK.

According to our market research, Asia Pacific is expected to grow rapidly over the next few years, owing to considerable increases in commercial mobile customers and internet users in developing nations like China and India.   

Middle East and Africa is expected to grow at a considerable CAGR due to the large number of mobile users in these regions. The region's tourist sector is predicted to develop, resulting in market expansion in this region. Furthermore, due to the rise in worldwide wireless communication devices, this market in the rest of the globe is expected to grow rapidly.

KEY INDUSTRY PLAYERS

The In-Building in Wireless 5G Era Market competitive landscape highlights the dominance of a few key competitors, including Qualcomm Technologies Inc., Huawei Technologies Co., Ltd., NEC Corporation, and ZTE Corporation, and others. The dominance of these firms can be attributed to their comprehensive wireless product range of software solutions, hardware, and equipment, as well as considerable expenditure in R&D and strategic acquisitions. These key players are pursuing a variety of growth tactics, including mergers and collaborations. The companies are concentrating their efforts on new product development, product launch, and long-term contracts with service providers and long-term partnerships with OEMs, all of which will help them strengthen their position in the wireless industry.  

KEY INDUSTRY DEVELOPMENTS:

In February 2020, CommScope improved its OneCell small cell solution by adding open interfaces, virtualized RAN functionalities, and new radio sites. The improved OneCell solution takes advantage of the newest Open RAN (O-RAN) and management frameworks, allowing operators to develop 5G networks and deliver in-building wireless services to all sorts of subscribers and use cases.

In April 2020, Ericsson teamed with GCI, a telecommunications company based in Alaska, to construct the first 5G cell sites in Anchorage, Alaska. GCI plans to upgrade multiple cell sites in Anchorage, Eagle River, and Girdwood to the 5-band 5G NR solution before the end of the year.

LIST OF KEY COMPANIES PROFILED:

• Altiostar
• Cobham Limited
• CommScope Inc
• Corning Incorporated
• Telefonaktiebolaget LM Ericsson
• Huawei Technologies Co., Ltd.
• International Telecommunication Union
• JMA Wireless
• Nokia
• Qualcomm Technologies, Inc.

SEGMENTATION

By Type

• Distributed Antenna Systems (DAS)
• Small Cel
• Virtual Radio Access Networks (V-RAN)

By Application

• Enhanced Mobile Broadband (eMBB)
• Massive IoT (mMTC)
• UltraReliable Low-Latency Communication (URLLC)
• Fixed Wireless Access (FWA)
• Others

By Region

• North America- U.S., Mexico, Canada
• Europe- UK, France, Germany, Italy, Spain, Rest of Europe
• Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
• South America- Brazil, Argentina, Colombia, Rest of South America 
• The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa