MulteFire Market - By Device (Small Cells, Switches, Controllers), By End User Vertical (Industrial Manufacturing, Commercial, Transportation and Logistics, Retail and Hospitality, Public Venues, Healthcare, Education, Others), Forecast 2024 – 2032

MulteFire Market Size

MulteFire Market size was valued at over USD 1.5 billion in 2023 and is anticipated to grow at a CAGR of over 30.5% between 2024 & 2032. The rising demand for private wireless networks reflects the growing value in enabling secure, reliable, and high-performance connectivity for industrial and critical infrastructure applications.
 

Private wireless networks enable dedicated, isolated communication channels that enhance security and reliability compared to public cellular networks. By utilizing encryption, authentication, and access control mechanisms, organizations can protect sensitive data, intellectual property, and critical infrastructure assets from cyber threats, unauthorized access, and network disruptions. In June 2021, Nokia announced the availability of its new, industry-first MFA (MulteFire Alliance) certified 4.9G/LTE private wireless networking solution. Designed to open private wireless for mass adoption by an entirely new range of customers, applications, and markets worldwide, the Nokia Industrial MulteFire router 700 user equipment (UE) is available for deployment with Nokia Digital Automation Cloud (DAC).
 

With the proliferation of mobile devices and the rising popularity of bandwidth-intensive applications such as video streaming, online gaming, and IoT devices, there is a growing demand for high-speed wireless connectivity solutions. MulteFire networks offer inherent security features, such as encryption and authentication, ensuring the confidentiality and integrity of data transmission. Moreover, by operating in dedicated or shared spectrum bands, MulteFire networks can provide reliable connectivity with minimal interference.
 

The unlicensed spectrum bands used by MulteFire technology are often fragmented, and different regions and countries may have varying regulations and usage policies. Navigating the complexities of spectrum fragmentation and regulatory requirements can pose challenges for organizations deploying MulteFire networks, especially in multinational or cross-border deployments. Ensuring the security of MulteFire networks and protecting sensitive data from unauthorized access, interception, or cyberattacks is a critical consideration for organizations deploying private LTE and 5G networks. Implementing robust security measures, such as encryption, authentication, and access control, is essential to mitigate security risks and safeguard network integrity.
 

MulteFire Market Trends

Industry 4.0 adoption is driving the deployment of private LTE and 5G networks based on MulteFire technology, enabling organizations to build high-performance wireless communication infrastructures tailored to the needs of industrial automation, predictive maintenance, asset tracking, and real-time monitoring applications. For instance, in November 2020, the MulteFire Alliance (MFA) announced the launch of its MulteFire 1.0 Certification Program. This milestone signified a significant step forward for organizations looking to leverage MulteFire technology, enabling them to deploy cost-effective private LTE networks. Such networks offer improved capacity, coverage, mobility, and inherent security, essential for meeting the demands of Industry 4.0 use cases.
 

The availability of unlicensed spectrum stands as a significant growth driver in the market, offering opportunities for enhanced connectivity and innovation. The availability of unlicensed spectrum enables organizations to deploy private LTE and 5G networks without the need for traditional licensed spectrum, thus reducing deployment costs and regulatory barriers. The introduction of shared spectrum frameworks, such as the Citizens Broadband Radio Service (CBRS) in the United States, further expands the opportunities for MulteFire deployment. CBRS allows for the dynamic sharing of spectrum between incumbent users and new entrants, enabling organizations to access additional spectrum resources for their MulteFire networks while ensuring efficient spectrum utilization and interference mitigation.
 

MulteFire Market Analysis

Based on end user vertical, the market is divided into industrial manufacturing, commercial, transportation and logistics, retail and hospitality, public venues, healthcare, education, and others. The retail and hospitality segment are the fastest growing and is anticipated to expand at a CAGR of over 35% between 2024 and 2032.
 

• The rising trends in the market within the retail and hospitality segment revolve around the deployment of private LTE networks, Wi-Fi offload capabilities, location-based services, contactless payments, guest Wi-Fi services, smart building solutions, personalized customer experiences, and integration with enterprise systems. By leveraging MulteFire technology, retail and hospitality organizations can enhance connectivity, improve operational efficiency, and deliver innovative services that meet the evolving needs of customers and guests.
   
• MulteFire technology supports the deployment of smart building solutions in retail and hospitality environments, enabling organizations to integrate IoT devices, sensors, and automation systems into their infrastructure. These smart building solutions can enhance energy management, environmental monitoring, security, and facility maintenance, improving operational efficiency and reducing costs.

Based on device, the MulteFire market is segmented into small cells, switches, and controllers. In 2023, the small cells segment dominated the market with a share of over 35%.
 

• The increasing demand for high-bandwidth and low-latency connectivity in urban areas, dense urban environments, and indoor venues is driving the deployment of small cells to enhance network capacity, coverage, and performance. Small cells, including micro cells and femto cells, are deployed in MulteFire networks to provide localized coverage and offload traffic from macro cell networks, improving overall network efficiency and user experience.
   
• For instance, in June 2023, Deutsche Telekom announced to deploy more small cells to solidify its 5G network. The small cells improve the quality of the network in areas of high density, such as train or bus stations, markets, or shopping arcades.

The North America MulteFire market is set to witness significant growth, with an anticipated compound annual growth rate surpassing 33% from 2024 to 2032. This expansion is fueled by multiple factors, including technological advancements, digital innovation, and increasing demand for high-speed and reliable wireless connectivity solutions across the United States, Canada, and Mexico.
 

MulteFire technology is gaining momentum in North America as organizations seek to implement robust wireless networks that provide superior performance, connectivity, and security. The technology addresses the growing demand for advanced wireless connectivity solutions capable of supporting Industry 4.0 initiatives, Internet of Things (IoT) deployments, and digital transformation endeavors across various industries and sectors in the region.
 

MulteFire Market Share

Nokia Corporation and Qualcomm Technologies, Inc. hold a significant share of over 20%. Nokia Corporation is a global technology leader that provides end-to-end solutions for telecommunications networks, including mobile and fixed broadband, IP and optical networking, and software and services. In the context of the MulteFire market, Nokia has been a key player in advancing this technology, which is an LTE-based technology that operates in unlicensed and shared spectrum, combining the best of LTE and Wi-Fi technologies to deliver high-performance, secure, and scalable wireless connectivity solutions for various industries and verticals.
 

Qualcomm Technologies, Inc. is a global leader in the development and commercialization of foundational technologies and solutions that power the wireless communications industry. As a subsidiary of Qualcomm Incorporated, Qualcomm Technologies is renowned for its innovative semiconductor products and platforms, cutting-edge technologies, and extensive ecosystem collaborations that enable the delivery of advanced mobile experiences, connectivity solutions, and digital transformation across industries, sectors, and markets worldwide.
 

MulteFire Market Companies

Major players operating in the MulteFire industry are:

• Nokia Corporation
• Qualcomm Technologies, Inc.
• Ericsson AB
• Athonet S.r.l.
• Redline Communications Group
• Casa Systems, Inc.
   

MulteFire Industry News

• In February 2023, February 2023, Verana Networks announced that it would conduct field trials of its 5G mmWave Integrated Access and Backhaul (IAB) solution with Verizon.
   
• In February 2023, Nokia and Kyndryl extended their partnership for another three years, focusing on automating factories using 4G/5G private wireless networks and multi-access edge computing (MEC) technology. Kyndryl and Nokia will launch a partner innovation lab in Raleigh, North Carolina, to bring advanced wireless connectivity and edge computing, integrated with a multi-factor zero trust model, converging IT and OT for enterprises.
   

The MulteFire market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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Market, By Device

• Small Cells
• Switches
• Controllers

Market, By End User Vertical

• Industrial Manufacturing
• Commercial
• Transportation and Logistics
• Retail and Hospitality
• Public Venues
• Healthcare
• Education
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA