February 18, 2025
Wireless Infrastructure Market
Ict

The Wireless Infrastructure Market is primed for growth with 5G network rollouts

The wireless infrastructure market consists of products and services used to build wireless networks that enable mobile communication. This includes radio access networks (RAN), backhaul, mobile core, networking equipment, small cells, macrocells, distributed antenna systems (DAS) and cloud RAN (C-RAN). The market enables wireless connectivity and helps support rising adoption of smartphones, M2M/IoT connections and new technologies like 5G.

Global wireless infrastructure market is estimated to be valued at USD 196.72 Bn in 2024 and is expected to reach USD 481.42 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 13.6% from 2024 to 2031.

Key Takeaways

Key players operating in the wireless infrastructure market include Huawei, Ericsson, Nokia, ZTE, Samsung and NEC. They offer integrated solutions across the whole network infrastructure. The rising adoption of cellular-connected IoT devices and increasing dependency on high-speed internet connectivity is driving strong demand for wireless infrastructure upgrades globally. Major players are expanding their presence aggressively across emerging markets to tap the growth opportunities.

The growing Pace for mobile broadband services and proliferation of cellular-connected IoT devices have accelerated the Wireless Infrastructure Market Demand . There were over 8 billion cellular IoT connections worldwide in 2021 that are estimated to grow threefold by 2030. This is creating the need for network deployments and upgrades.

Global mobile data traffic is expected to grow at a CAGR of 30% from 2022 to 2027. High traffic volumes necessitate network enhancements like larger backhaul capacities, C-RAN architecture, upgraded RAN equipment and deployment of small cells. Leading infrastructure providers are expanding aggressively into new markets in Asia Pacific and Middle East & Africa to address this increasing demand.

Market Key Trends

One of the major trends in the wireless infrastructure market is the rollout of 5G networks across the world. 5G delivers higher speeds, lower latency and better connectivity for new applications like autonomous vehicles, augmented reality, IoT and telemedicine. Many countries have started rolling out 5G networks and the demand is expected to pick up further. Infrastructure providers are aggressively upgrading network equipment towards 5G-ready solutions. This will drive significant opportunities in the market over the forecast period.

Porter’s Analysis

Threat of new entrants: High capital requirements and economies of scale of existing players make entry difficult for new players. However, opportunities are emerging for new entrants in emerging technologies.

Bargaining power of buyers: Buyers have moderate bargaining power due to the presence of numerous established players offering similar product portfolios. However, differentiation and innovative products and services increase customer lock-in.

Bargaining power of suppliers: A few large suppliers of raw materials exist. However, proliferation of alternatives has reduced suppliers’ power over players.

Threat of new substitutes: Technological advances may lead to new alternative solutions. However, entrenched preferences and switching costs offer protection against substitution.

Competitive rivalry: Intense competition exists among Wireless Infrastructure Companies. Differentiation, partnerships, and M&A activity have increased competitive pressures.

Geographical Regions

North America currently accounts for the largest share in the wireless infrastructure market attributed to large-scale investments in 5G infrastructure deployment. However, the Asia Pacific region is poised to grow at the fastest pace owing to increasing government initiatives and rising demand from major economies like China and India.

The North American region holds the highest value share in the wireless infrastructure market currently due to continuous technology adoption and advancements in cellular communication coupled with robust political support for 5G infrastructure development projects in countries like the US.

The market in the Asia Pacific region, specifically China and India, is anticipated to surge at the fastest rate during the forecast period on the back of ongoing infrastructure development projects and plans.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

About Author - Ravina Pandya
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Ravina Pandya, a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals.  LinkedIn Profile

About Author - Ravina Pandya

Ravina Pandya,  a content writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemicals and materials, etc. With an MBA in E-commerce, she has expertise in SEO-optimized content that resonates with industry professionals.  LinkedIn Profile

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