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In-building Wireless Market Size

Report ID: GMI4881
Published Date: Dec 2022
Report Format: PDF

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In-building Wireless Market Size

In-Building Wireless Market size exceeded USD 15 billion in 2022 and is anticipated to record 10% CAGR from 2023 to 2032

Growing demand for intelligent and smart devices, and an increase in the number of smartphone users across the globe with influence the market trends. Consumption of mobile internet has increased rapidly over the last 10 years as mobile devices evolved from just a means for voice communication to smart devices with sophisticated multi-function capabilities. According to estimates, smartphone subscriptions are expected to reach 7,690 million by 2027 from 6,560 million in 2022

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Commercialization of the next-generation 5G network is likely to foster the in-building wireless market growth. For instance, in October 2022, the Indian government launched 5G services in the country Companies such as Reliance, Vi, Airtel, and BSNL are in the race to offer 5G connectivity across India. Rising demand for improved cellular and broadband coverage will encourage companies to shift to faster networks, thereby bolstering the industry outlook.

In-building Wireless Market Report Attributes
Report Attribute	Details
Base Year:	2022
In-building Wireless Market Size in 2022:	USD 15 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	10%
2032 Value Projection:	USD 45 Billion
Historical Data for:	2018 to 2022
No. of Pages:	300
Tables, Charts & Figures:	433
Segments covered:	Component, Deployment, End-user, and Region
Growth Drivers:	Rising demand for improving in-building network connectivity Growing BYOD trends across the enterprises Commercialization of next generation 5G network Rising demand for intelligent and smart buildings Growing number of smartphones
Pitfalls & Challenges:	Data privacy and security concerns Interference in cell sites

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Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for in-building wireless crossed USD 15 billion in 2022 and is set to progress at over 10% CAGR during 2023 to 2032, says this GMI report.

The industrial end-user segment is anticipated to witness around 9% growth rate between 2023 and 2032 owing to its ability to assist businesses in integrating industrial components and devices.

The small cell segment is poised to garner over 27% of the revenue share in 2022 as a result of its wide applicability due to its high data accessibility to low-power range mobile base stations.

The market for in-building wireless in Asia Pacific is slated to expand at more than 11% CAGR through 2032 because of government efforts for the extensive digitalization of urban infrastructure.