In-building wireless solutions provide dependable communication infrastructure for comfortable, mobile environment. These solutions refer to different networks, products, and services that are deployed for seamless network coverage inside the premises. These wireless services provide easy and seamless connectivity, network capacity, and productivity of the individuals or enterprises using them. Global in-building wireless market is driven by increasing demand from different industrial verticals. The market is growing with rapid rate of adoption and technological advancements in the in-building wireless market.
Segmentation and Trends in In-Building Wireless Industry
Conventional methods of increasing network capacity are facing hard time with increasing government regulations. In order to provide ideal wireless solutions, service providers need to make special efforts to obtain permits in order to reduce congestion and wireless cell sites. Increasing awareness about the bountiful advantages of in-building wireless services is encouraging many users switch to these services. Many organizations are looking to avail better prices from the industry operators. The industry is concentrating on consolidating its position across different highly competitive markets. To fulfill that, many key players are venturing into mergers, acquisitions, and design partnerships. The global market for in-building wireless technology is segmented into different solutions, components, business models, types and size of buildings, end-users, and geography.
- Solutions: Services and system components
- Systems: Cabling, antennas, repeaters, distributed antenna systems, and small cells
- Business Models: Enterprise, carrier, and host
- Buildings: Old and new businesses of small, medium, and large sizes
- End-Users: Institutions, hospitality, hospitals, commercial, retail, government, and industrial
- Geography: Europe, Middle East and Africa, Asia pacific, North America, and Latin America
Future Business Prospects from 2014 to 2019
Market research reports forecast the in-building wireless marketto grow at a projected compound annual growth rate of over 21% from 2014 to 2019. During the aforementioned forecasting period, the industry is expected to rise from $4.05 billion in 2014 to impressive $10.65 billion by the end of 2019. Ability to provide effective and efficient information communication is the strongest reason for this healthy growth of the industry. As a result, small and medium buildings are adopting these services, which is a positive sign for the overall growth of the market. Changing governmental regulations and increasing awareness in emerging markets are also some major contributing factors for the market.
In terms of geographic regions, North America is currently dominating the global in-building wireless market. The region is also expected to maintain its dominating position during the forecasting period.
