Wireless Infrastructure Market Size is expected to witness appreciable growth from 2021 to 2027, due to the advent of 5G and other high-speed, low-latency networks to drive industrial automation. Likewise, rapid digital transformation and innovation in autonomous driving systems will further push the demand for wireless technology over the projected timeline. In 2020, the Society of Automotive Engineers unveiled its first global standard, SAE J2954, for wireless charging of electric cars to allow increased interoperability between vehicles and hardware from various manufacturers.
Wireless refers to technologies and devices that can transmit data over the air rather than through wire, including cellular communications and networking between computers with wireless adapters. Networking technologies that can connect multiple devices and computers, including WLAN (wireless local area network), also fall under the wireless umbrella.
With regards to the technology spectrum, the cloud RAN segment will hold a remarkable share of wireless infrastructure industry by 2027. This is attributable to its mounting adoption as a viable option among the communication service providers to ensure greater network scalability, rapid delivery of services, and increased flexibility. This technology comes with high energy efficiency, minimal costs, and centralized network architecture, thereby attracting interest from both industry and academia and boosting the wireless infrastructure network.
Regionally, the North America wireless infrastructure industry is anticipated to amass considerable gains over 2021-2027. This is driven by the rising allocation of low-band and high-band spectrum for 5G in the United States. Strong presence of wireless service providers like AT&T and the high reliance of U.S. healthcare centers on wireless networks to improve operational efficiency will also amplify the regional market size.
Prominent players operating in the wireless infrastructure market include ZTE Corporation, Samsung, Ericsson, Nokia, Huawei Technologies Co., Ltd., Qualcomm Technologies, and Cisco, among others. These key market players are focusing on varied initiatives like new service launches, partnerships, and acquisitions to gain a competitive edge over rivals across the global market. For instance, Huawei released a “1+N” 5G target network and a range of 5G solutions that support “1+N” in November 2020, with an aim to build a 5G minimalist network to meet its expected surge in demand.
In September 2020, Ericsson announced the acquisition of a 4G and 5G Wireless WAN Edge Enterprise solutions provider, Cradlepoint. This deal aligns with Ericsson’s ongoing strategy to enter the rapidly expanding 5G Enterprise market.
The novel coronavirus pandemic has posed unprecedented challenges to various business operations due to the economic downturn and other associated crises. 5G may take a short- and medium-term hit, given the 5G hardware delays and supply chain disruptions. Slight slowdown in 5G buildout during the pandemic is likely to hinder wireless infrastructure industry expansion in the near future.
However, manufacturers worldwide are pursuing digital transformation strategies to offer core business value in areas, including competitive excellence, improved business efficiency, and market differentiation. Business automation and core connectivity requirements can be met via the deployment of 5G and private wireless networks. Factors such as these could, in turn, boost the development of infrastructure for wireless networks over the coming years.
The above information has been provided for the following regions and countries: