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Wireless Infrastructure Market Trends

Report ID: GMI6245
Published Date: Jul 2023
Report Format: PDF

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Wireless Infrastructure Market Trends

The integration of edge computing is a growing trend in the wireless infrastructure industry. Edge computing brings data processing closer to end users and devices, thereby reducing latency and enhancing real-time applications. This trend is driving the deployment of edge data centers and edge network infrastructure, creating opportunities for wireless infrastructure providers to support the growing demand for edge computing services.

Cloud services in the wireless infrastructure industry involve an increasing reliance on cloud-based applications & services. Businesses and consumers are increasingly adopting cloud computing solutions, thereby driving the need for reliable & low-latency connectivity to access cloud resources. This trend is also driving investments in wireless infrastructure to support seamless connections to data centers and cloud service providers. The integration of cloud services with wireless networks enables enhanced scalability, flexibility, and cost-effectiveness for both businesses & users.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for wireless infrastructure was worth USD 156.4 billion in 2022 and is set to expand at over 9% CAGR from 2023 to 2032 owing to the rapid deployment of 5G as it requires extensive upgrades.

Wireless infrastructure industry from the 5G technology segment is anticipated to grow at notable CAGR through 2032 due to the rising demand for faster and reliable connectivity coupled with the surge in data-intensive applications and IoT devices.

North America held more than 35% share of the wireless infrastructure industry in 2022 and is estimated to record robust growth between 2023 and 2032 attributed to the increasing adoption of 5G technology, rising data consumption, and the growing demand for enhanced connectivity.

Cisco SystemsFujitsu Ltd., Hewlett Packard Enterprise (HPE), Huawei Technologies Co., Juniper Networks, Mavenir, NXP Semiconductors, Qualcomm Technologies Inc., and Telefonaktiebolaget LM Ericsson are among the top companies engaged in the wireless infrastructure business.