The global in-building wireless market size is expected to reach USD 47.45 billion by 2032, according to a new study by Polaris Market Research. The report “In-Building Wireless Market Size, Share, Trends, Industry Analysis Report: By Offering (Infrastructure, Small Cells), By Business Model, By Building Size, By End User, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The surge in mobile data traffic is driving the in-building wireless market. More people are using smartphones and other mobile devices for data-intensive applications such as video streaming, social media, and cloud services. As a result, the demand for reliable in-building wireless networks has escalated. In-building wireless systems, such as Distributed Antenna Systems (DAS) and small cells, provide enhanced coverage and capacity, ensuring a seamless and high-speed mobile experience for users. Thus, the increased need for efficient network connectivity is driving the in-building wireless market.
The proliferation of Internet of Things (IoT) devices is significantly impacting the in-building wireless market. Smart home technologies, such as connected lighting, HVAC systems, and security cameras, are becoming more prevalent, thus, the need for a reliable and extensive wireless network infrastructure grows. IoT devices require constant and stable connectivity to function effectively, and in-building wireless solutions offer the necessary coverage and performance to support these devices. Thus, increased demand for IoT connectivity has resulted in the growth of the market for in-building wireless within commercial, industrial, and residential buildings.
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The launch of 5G networks is propelling the growth of the in building wireless market. 5G technology delivers faster speeds, lower latency, and greater capacity compared to previous generations of wireless technology. The need for in-building wireless solutions that support and enhance 5G coverage within buildings has become crucial as 5G networks are expanding globally. This increased demand included the deployment of 5G small cells and advanced DAS to ensure that the high-speed benefits of 5G are accessed indoors. Thus, the emergence of 5G is boosting connectivity and driving innovation in building wireless infrastructure, leading to an expansion of the market.
In-Building Wireless Market Report Highlights
Polaris Market Research has segmented in-building wireless market report based on offering, business model, building size, end user, and region:
In Building Wireless Market – Offering Outlook (Revenue - USD billion, 2019 - 2032)
In Building Wireless Market – Business Model Outlook (Revenue - USD billion, 2019 - 2032)
In Building Wireless Market – Building Size Outlook (Revenue - USD billion, 2019 - 2032)
In Building Wireless Market – End User Outlook (Revenue - USD billion, 2019 - 2032)
In Building Wireless Market – Regional Outlook (Revenue - USD billion, 2019 - 2032)
In Building Wireless Report Scope
Report Attributes |
Details |
Market Size Value in 2023 |
USD 17.46 billion |
Market Size Value in 2024 |
USD 19.49 billion |
Revenue Forecast in 2032 |
USD 47.45 billion |
CAGR |
11.8% from 2024 to 2032 |
Base Year |
2023 |
Historical Data |
2019 – 2022 |
Forecast Period |
2024 – 2032 |
Quantitative Units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
|
Regional Scope |
|
Competitive Landscape |
|
Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |