Pune, India, June 27, 2022 (GLOBE NEWSWIRE) — According to MarketStudyReport, wireless market in buildings accounted for $10.3 billion in 2021 and is expected to show a year-on-year growth rate of 11.9% over the study period, eventually reaching $22.63 billion by 2028.
It includes an in-depth review of historical data as well as current dynamics to understand the growth patterns of this industry from 2022 to 2028. The numerous market segmentations are also assessed to fully understand the current trends and revenue generation prospects in this industry sector, allowing investors to make profit-oriented decisions.
Growing demand for high-quality network coverage along with increasing adoption of advanced technologies is positively influencing the overall dynamics of the market. In-building wireless is a telecommunications technology that provides a wireless cellular connection in any building or business premises.
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For example, in February 2020, CommScope’s OneCell, a small cell solution, was upgraded with open interfaces, virtualized RAN services, and new radio sites. The upgraded OneCell solution uses the latest Open RAN (O-RAN) and management systems, enabling carriers to build 5G networks and deliver in-building cellular services to a wide range of users and scenarios of use.
Additionally, companies across a host of industries are trying to enhance their use of IoT to automate operations and increase production, which in turn is contributing to the earnings of the global wireless in buildings market. However, growing privacy and security concerns are likely to act as a major bottleneck for the overall market expansion.
Development of market segmentations
The global in-building wireless market is segmented into deployment type, end-user scope, component type, business model, by location, and regional analysis. By deployment type, the market is split into rural and zonal.
The end-user landscape of this commercial space consists of retail, residential, industrial, healthcare, and government. By component type, the market is categorized into services and infrastructure models. In terms of business structures, the market is divided into neutral host operators, service providers and enterprises. The landscape of sites in this commercial sphere is divided into large sites, small sites and medium-sized sites.
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Summarize geographic scope
The regional analysis of this business space spans Asia-Pacific, North America, Latin America, Europe, and Rest of the World.
Analysts cite that North America currently holds its own in terms of revenue hierarchy and is expected to see continued growth in the coming years. This can be attributed to the adoption of wireless technologies and new product development initiatives
Meanwhile, in-building wireless industry in Asia-Pacific is expected to witness the highest growth rate till 2028, mainly driven by population growth, increasing number of mobile subscribers and emphasis on adding additional networks.
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Global Wireless in Buildings Market by Deployment Type (Revenue, USD Billion, 2018-2028)
Global Wireless in Buildings Market by End-User Scope (Revenue, billion USD, 2018-2028)
- Health care
Global Wireless in Buildings Market by Component Type (Revenue, billion USD, 2018-2028)
Global Wireless in Buildings Market by Business Structures (Revenue, billion USD, 2018-2028)
- Service providers
- Neutral Host Operators
Global Wireless in Buildings Market by Locations (Revenue, billion USD, 2018-2028)
- Medium rooms
- large halls
- Small rooms
Global Wireless in Buildings Market, By Regional Analysis (Revenue, billion USD, 2018-2028)
- The rest of Europe
- South Korea
Rest of Asia-Pacific
Rest of the world
Global Wireless in Buildings Market, By Competitive Landscape (Revenue, billion USD, 2018-2028)
- Samsung Electronics Co.Ltd.
- Siemens AG
- Schneider Electric SE
- Johnson & Johnson Private Limited
- Honeywell International Inc.
- ABB Ltd.
- Carel Industries SpA
- Global carrier company
- Crestron Electronics, Inc.
- Larsen & Toubro Limited
Chapter 1. Executive Summary
1.1. Market overview
1.2. Global and Segmental Market Estimates and Forecasts, 2020-2028 (USD Billion)
1.2.1. In Building Wireless Market, by Region, 2020-2028 (USD Billion)
1.2.2. In Building Wireless Market, by Deployment, 2020-2028 (USD Billion)
1.2.3. In Building Wireless Market, by End User, 2020-2028 (USD Billion)
1.2.4. In Building Wireless Market, By Component, 2020-2028 (USD Billion)
1.2.5. In Building Wireless Market, by Business Model, 2020-2028 (USD Billion)
1.2.6. In Building Wireless Market, by Location, 2020-2028 (USD Billion)
1.3. Key trends
1.4. Estimation methodology
1.5. Research hypothesis
Chapter 2. Definition and Scope of the Global Wireless in Buildings Market
2.1. Goal of the study
2.2. Market definition and scope
2.2.1. Scope of the study
2.2.2. Industry evolution
2.3. Years Considered for Study
2.4. Currency conversion rate
Chapter 3. Global In Building Wireless Market Dynamics
3.1. In Building Wireless Market Impact Analysis (2020-2028)
3.1.1. Market factors
184.108.40.206. Increase technological advances
220.127.116.11. Increased demand for network coverage and capacity
3.1.2. Market challenges
18.104.22.168. Emergence of industrial and commercial IoT
3.1.3. Market opportunities
22.214.171.124. Increase in injury prevalence
Chapter 4. Industry Analysis of Global Wireless in Buildings Market
4.1. Porter’s 5-force model
4.2. PEST analysis
4.3. Investment Adoption Model
4.4. Analyst recommendation and conclusion
4.5. Best investment opportunity
4.6. The best winning strategies
Chapter 5. Risk assessment: impact of COVID-19
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre-COVID-19 and post-COVID-19 market scenario
Chapter 6. Global Wireless in Building Market, By Deployment
6.1. Market overview
6.2. Global Wireless in Building Market by Deployment, Performance – Potential Analysis
6.3. Global Wireless in Building Market Estimates and Forecasts by Deployment 2018-2028 (USD Billion)
6.4. In Building Wireless Market, Sub-segment Analysis
Chapter 7. Global Wireless in Buildings Market, By End User
7.1. Market overview
7.2. Global Wireless in Building Market by End User, Performance – Potential Analysis
7.3. Global Wireless in Building Market Estimates and Forecasts by End User 2018-2028 (USD Billion)
7.4. In Building Wireless Market, Sub-segment Analysis
7.4.2. Health care
Chapter 8. Global Wireless in Buildings Market, By End User
8.1. Market overview
8.2. Global Wireless in Building Market by Component, Performance – Potential Analysis
8.3. Global Wireless in Building Market Estimates and Forecasts by Component 2018-2028 (USD Billion)
8.4. In Building Wireless Market, Sub-segment Analysis
Chapter 9. Global Wireless in Buildings Market, By Business Model
9.1. Market overview
9.2. Global Wireless in Building Market by Business Model, Performance – Potential Analysis
9.3. Global Wireless in Building Market estimates and forecast by business model 2018-2028 (USD Billion)
9.4. In Building Wireless Market, Sub-segment Analysis
9.4.1. Service providers
9.4.3. Neutral Host Operators
Chapter 10. Global Wireless in Buildings Market, By Location
10.1. Market overview
10.2. Global Wireless in Building Market by Location, Performance – Potential Analysis
10.3. Global Wireless in Buildings Market estimates and forecast by location 2018-2028 (USD Billion)
10.4. In Building Wireless Market, Sub-segment Analysis
10.4.1. large halls
10.4.2. Medium rooms
10.4.3. Small rooms
Chapter 11. Global Wireless in Building Market, Regional Analysis
Wireless in Buildings Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share and Forecast, 2020-2026
The wireless market in buildings is likely to register substantial gains in the coming years due to the increasing development of smart cities, the growing trend of working from home in enterprises, the increase in mobile traffic in the urban region and the increase investments in telecommunications infrastructure by government authorities. In-Building Wireless, also known as IBW, is an inclusive cellular solution offered to bring cellular service to almost every corner of the building without the need to upgrade existing service. Meanwhile, the residential segment will witness a respectable CAGR of around 5% over the forecast period. This growth is attributed to the growing trend of working from home in businesses. It is one of the evolving technologies that has developed to meet the varied demands of many commercial property owners, tenants and managers. IBW solutions also help improve wireless coverage inside campuses and facilities.
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