MarketandMarkets reports the in-building wireless market will grow from $4.83 billion in 2015 to $16.71 billion in 2020, at a CAGR of 28.1% during the forecasted period.
No. America is expected to be the largest market in terms of revenue contribution, while APAC is expected to experience increased market traction during the forecast period.
The In-Building Wireless Market research consists of the future market trends of in-building solutions. The report focuses on the analysis of global trends, future growth, key drivers, opportunities, and challenges in the In-Building Wireless Market.
In-building wireless consists of solutions, services, and networks which offers seamless indoor coverage with reliability. With the advancement in the communication technology, the traditional methods to enhance the network capacity have been superseded by in-building solutions which enable mobile environment through a dependable communication infrastructure.
Increased congestions and strict government regulations for building cell sites resulted in the high demand of in-building products, which will help deliver flexible communication, always-on connectivity, and improved mobility. In the coming years, the in-building wireless market is expected to foresee a very high demand as organizations globally are adopting a project-oriented culture to enhance their productivity.
In-building wireless solutions are gaining traction among the enterprises worldwide due to their advantages associated with the ubiquitous coverage capacity and mobile operations. The in-building solutions providers are designing in-building solutions that allow organizations to focus on their core business functions by delivering persuasive communication infrastructure.
There is a high demand for continuous coverage and connected environments as the dependency of the consumer on mobile communication services increases. This necessity of high performance solutions is expected to drive the network operators to align their resources to improve network capacity, enhance in-building coverage, and thus retain customers
According to MarketsandMarkets, the initial adoption of in-building solutions was not significant mainly due to concerns such as government norms, cost, and skilled labor. However, these aspects of the consumers are changing due to the increase in demand for cost-efficient and effective communication infrastructure.
In-building wireless solutions are likely to experience higher demand due to their ability to provide mobile, flexible, and support for high data rate delivery. In order to gain a competitive edge, in-building wireless solutions providers are investing heavily in new technologies to build feature-rich solutions, entering into strategic alliance, and mergers and acquisitions. This is expected to help them attain better market visibility.
The In-Building Wireless Market report provides key insights on the market dynamics, adoption trends, competitive landscape, and end-user analysis in the market.
The Forecast to 2020 report includes product categories (antennas, cabling, distributed antenna systems (DAS), repeaters, small cells), business models (carrier, enterprise, host), building size (large & medium, small), building type, end users, and global regions.