Published Date : Jul 30, 2018
ALBANY, New York, July 30, 2018 - The global wireless infrastructure market is foreseen to increase momentum with growing traction of high-speed data connectivity networks such as 5G, 4G, and 2G/3G. In a report added by MarketResearchReports.biz, the market is classified into these networks on the basis of product. Bearing the title “Global Wireless Infrastructure Market Professional Survey Report 2018,” the report also classifies the market in terms of application, where key segments are civil and military uses. Sophisticated infrastructure capabilities of the aforementioned networks is one of the primary factors pushing the growth of the market.
There has been a considerable increase in demand for high-speed data connectivity and transmission due to the expansion of technology and network infrastructure in various types of industries. AI, cloud computing, WYOD, BYOD, and other trends rising at a brisk rate in telecom applications are foretold to set the tone for significant growth of the market. This has also shown impact on the rise of wireless networking technology and related devices. Wireless network infrastructure is commonly used with respect to macrocell RAN and mobile core network infrastructure. Nevertheless, the scope of the term is seeing expansion in the recent years.
In order to cope with demand for increased capacity and coverage requirements, wireless carriers are investing heavily in small cells nodes, carrier Wi-Fi, distributed antenna system (DAS), and other heterogeneous networks. Besides these, there has been a massive investment in HetNet infrastructure. The global wireless infrastructure market is expected to witness the dominance of macrocell RAN in terms of revenue growth. Wireless communications infrastructure has incorporated a number of distributed HetNet technologies including carrier Wi-Fi and Cloud RAN due to its further advancement of late. The advancement of wireless communications infrastructure could have been ensued from the evolution of dynamic, software, and hardware networking technologies.
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For the purpose of completing and optimizing their daily tasks from remote locations, IT and telecom companies and government sectors are envisaged to increase the adoption of wireless telecom and network solutions. A higher growth rate could be exhibited by Asia Pacific as it witnesses the growing demand for collaborations and emphasis on cost-cutting strategies. With a view to allow efficient communication and collaboration, the logistics, BFSI, and BPO sectors are prophesied to adopt advanced telecom communications. Unified communications and other novel technologies help to reduce costs associated with domestic and international travel along with the adoption of wireless infrastructure.
A substantial rise in demand for wireless infrastructure could be testified in the MEA and South America besides Asia Pacific due to the use of internet and digitalization observed on a large scale. Merger and acquisition could be one of the go-to business tactics adopted by players to secure a strong position in the global wireless infrastructure market. Some of the prominent names of the market are Nokia Solutions and Networks, Alcatel-Lucent, and Ericsson.
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