Authored By: Sarah
24 Aug 2024

In Building Wireless Market Size to grow by USD 7399.75 million between 2024-2028

The In Building Wireless Market is segmented by End-user (Government, Manufacturing, Transportation and logistics, Education, and Retail and others), Type (Infrastructure and Services), and Geography (North America, APAC, Europe, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 7399.75 million, at a CAGR of 8.8% during the forecast period. There are several companies that are contributing to the market as per this report. Rising adoption of BYOD in enterprise .

By End-user, the Government segment is projected to dominate the market size in 2024

In the global in-building wireless market, the government sector is experiencing consistent growth. Governments worldwide are investing in in-building wireless solutions to improve cellular connectivity for all devices within structures. Vendors catering to this market provide specialized in-building wireless offerings for various government entities, including local municipalities, cities, counties, and federal and state agencies. These solutions amplify indoor radio frequency and cellular signals in large government buildings and sprawling campus environments. Public safety is a significant focus, with increasing attention given to adhering to building codes and fire safety protocols, such as those set by the National Fire Protection Agency (NFPA) and International Fire Code (IFC), for emergency communication signal strength, coverage, and capacity requirements.

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Why is North America forecasted to hold the largest regional market size in 2024?

The regional market for in-building wireless solutions is experiencing significant growth due to the increasing penetration of Internet-of-Things (IoT) devices, automation technologies, and the proliferation of smart homes and cities. The US, as a leading adopter of advanced connectivity, is further investing heavily in 5G networks. Key players, including Qualcomm Technologies and Intel, along with network service providers such as AT&T Inc., T-Mobile US Inc., and Verizon Communications Inc., are increasing their investments in deploying 5G infrastructure. In-building wireless solutions are specifically engineered for 4G/5G connections, addressing the issue of weak mobile signals and slow data speeds in large structures.

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Research Analysis Overview

The in-building wireless market is experiencing significant growth due to the increasing demand for seamless connectivity and the proliferation of smart devices and intelligent technologies. This market includes various wireless technologies such as Wi-Fi-Direct, RFID, Zigbee, Bluetooth, and IoT-focused Wi-Fi standards. The expansion of radio spectrum and the rollout of 5G networks are driving the growth of in-building wireless solutions. Cloud-managed Wi-Fi and LPWANs are becoming essential infrastructure components for RAN users, enabling mission-critical applications and business assurance. With the rise of digital change, cyberattacks are becoming more frequent, making in-building connectivity a priority for public safety measures. Smartphone subscriptions and mobile internet usage continue to increase, fueling the demand for in-building wireless solutions. In-building wireless solutions are essential for ensuring network coverage for smartphone users and smart devices in buildings and other enclosed spaces. The worldwide in-building wireless market is expected to grow significantly in the coming years, driven by the increasing adoption of smart technologies and the need for reliable and secure connectivity.

Market Research Overview

According to Technavio, the global In Building Wireless market is classified as a segment of the expansive Global IT Services Market. This market encompasses businesses providing IT consulting and integration, application services, electronic data processing, business process outsourcing, infrastructure services, and internet services. The Global Internet Services and Infrastructure Market, a subset of the IT Services Market, focuses on companies offering services and infrastructure for the internet industry. This includes data centers, cloud networking and storage infrastructure, hosting services, IT security services, and cloud computing services. The aforementioned market excludes software product providers. - The In Building Wireless Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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