[333 Pages Report] The global next-generation wireless network market is projected to amass a revenue of about US$ 56,782.0 million by 2032, up from US$ 28,578.0 million in 2022 moving forward with a CAGR of 7.1% during the forecast period (2022-2032).
| Report Attribute | Details |
|---|---|
| Next Generation Wireless Network Market Value (2022) | US$ 28,578.0 Million |
| Next Generation Wireless Network Market Anticipated Forecast Value (2032) | US$ 56,782.0 Million |
| Next Generation Wireless Network Market Projected Growth Rate (2022-2032) | 7.1% |
The demand for next-generation wireless networks is gaining momentum as in the present scenario, wireless technology is continuously evolving, starting with 0G (e.g., Radio telephones) to 5G, the next generation wireless technology.
Currently, 4G LTE (4th Generation Long term Evolution) technology and WiMAX are evolving and have wide applications due to their high data transfer speed and stability, creating a legion of next generation wireless network market opportunities.
Moreover, the adoption of next generation wireless network is on the surge as the next generation wireless network 5G will operate on very high frequencies and likely has a massive capacity and low latency.
Emerging trends in the next-generation wireless network market fostered by the growing IoT (Internet of Things) connectivity resulting in the development of more services.
In the low power wide area network, two services Sigfox and LoRa technology, are reinventing the connectivity for IoT to bring down cost and energy consumption drastically, in turn, boosting the next-generation wireless network market growth.
Both the technologies are for uplink-only transmissions with many endpoints.
The next-generation wireless network market trends are shaped by another technology, RPMA (Random Phase Multiple Access) developments which have excellent upload and download capacity and coverage.
The demand for next generation wireless networks spikes with wireless technology used in various applications like GPS, cellular phones, home entertainment system control boxes, satellite television, wireless LAN and many others.
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The factors driving the adoption of next generation wireless network are high speed, low prices and increasing applications and usage.
These next generation wireless network also provides more coverage and secured access than existing networks, improving the next generation wireless network adoption trends.
The increasing applications of wireless technology like self-driving cars, drones, household appliances and industrial machines are leading to an uptick in demand for next generation wireless network.
According to the next generation wireless network market survey, it is also predicted that developments in wireless sensor networks, informatics, and telecommunications likely present lucrative opportunities to market participants.
The factor significantly dwindling the next generation wireless network market size include the trade between the flexibility of use and the platforms.
Interoperability with existing technology, compatibility issues with old devices and high initial investment are other factors negatively impacting the next generation wireless network market outlook.
Many businesses and governmental organisations are actively participating in investments in and R&D efforts for the NGN infrastructure, which is still in its early stages.
Large network companies are expanding their reach and looking for investment opportunities by offering virtual training and education and expanding their next generation wireless network market share.
Additionally, the next generation wireless network market statistics are on a rising trajectory as the need for reliable internet and data services during the pandemic has prompted mergers and partnerships for product development, etc.
By geography, North America is anticipated to be at the forefront of the next generation wireless network market, with a share of 34.9% in 2022.
Many large companies like Qualcomm Technologies, Cisco Systems, Inc., and AT&T Inc. are investing in next generation wireless network due to the high availability of bandwidth, the growth of IoT in the region and wide network coverage.
The presence of developed nations like the US and Canada, constant technological advancement, and infrastructure investments in communication technologies in these countries facilitates the adoption of next generation wireless network.
The next generation wireless network market trends and forecast are further improved by the availability of abundant bandwidth, the presence of multinational companies, and the expansion of the Internet of Things.
Principal Consultant
In terms of product development and introduction, European countries are setting the pace for innovation. Due to this, there is a significant rise in the demand for next generation wireless network on a global level.
Additionally, they are engaging in joint ventures with businesses to improve the services offered and advance the wireless communication industry.
Future mobile wireless systems are likely posed by capacity problems that are being addressed by the SAMURAI project.
The scientific and business communities can access the OpenAirInterface and ASGARD code through an open development licence. This guarantees that SAMURAI's contribution will be highlighted in any subsequent research.
The SAMURAI findings have the capacity to establish Europe as a significant player in next-generation wireless systems, shaping the region's next generation wireless network market key trends & opportunities.
High power consumption is one of the main issues facing high-speed communication networks.
Since WiFi 6 technology is still in its early stages of development, devices that operate at higher speeds tend to use a lot of power.
Start-ups and scaleups create solutions to reduce the amount of power used by wireless networks to achieve this.
The US-based start-up ETA Wireless offers technology for reducing the power consumption of wireless communication networks, including WiFi 6.
The power consumption of smartphones, wearables, and Internet of Things (IoT) devices is significantly reduced thanks to the start-up's ETAdvanced power management chip for wireless communications.
The start-up uses its innovative power amplifier architecture to constantly optimise how much energy devices use.
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The key players in the next generation wireless network market are Qualcomm Technologies, Inc., IBM Corporation, Cisco Systems, Inc., AT&T Inc., Idea cellular, Nokia Corporation, Semtech Corporation, Sigfox technology, Verizon Digital Media Services and T-Mobile International AG.
Some of the recent developments in the next generation wireless network market are:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 7.1% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016-2021 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The global next generation wireless network market is set to advance at a CAGR of 7.1% from 2022 to 2032.
The North America next generation wireless network market is likely to hold 34.9% share in 2022.
The next generation wireless network market is anticipated to account for US$ 56,782.0 million by 2032.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Next Generation Wireless Network Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Next Generation Wireless Network Market Analysis 2017-2021 and Forecast 2022-2032, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) Analysis By Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Type, 2022-2032
5.3.1. Fixed Wireless
5.3.2. Mobile Wireless
5.3.3. Portable Wireless
5.3.4. IR Wireless
5.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Type, 2022-2032
6. Global Next Generation Wireless Network Market Analysis 2017-2021 and Forecast 2022-2032, By End Users
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) Analysis By End Users, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By End Users, 2022-2032
6.3.1. Telecommunications
6.3.2. Healthcare
6.3.3. Banking
6.3.4. IT Services
6.3.5. Automotive
6.3.6. Security Systems
6.4. Y-o-Y Growth Trend Analysis By End Users, 2017-2021
6.5. Absolute $ Opportunity Analysis By End Users, 2022-2032
7. Global Next Generation Wireless Network Market Analysis 2017-2021 and Forecast 2022-2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
7.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Next Generation Wireless Network Market Analysis 2017-2021 and Forecast 2022-2032, By Country
8.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
8.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Type
8.2.3. By End Users
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Type
8.3.3. By End Users
8.4. Key Takeaways
9. Latin America Next Generation Wireless Network Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Type
9.2.3. By End Users
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By End Users
9.4. Key Takeaways
10. Europe Next Generation Wireless Network Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. U.K.
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Type
10.2.3. By End Users
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By End Users
10.4. Key Takeaways
11. Asia Pacific Next Generation Wireless Network Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Malaysia
11.2.1.5. Singapore
11.2.1.6. Australia
11.2.1.7. New Zealand
11.2.1.8. Rest of APAC
11.2.2. By Type
11.2.3. By End Users
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By End Users
11.4. Key Takeaways
12. MEA Next Generation Wireless Network Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Type
12.2.3. By End Users
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By End Users
12.4. Key Takeaways
13. Key Countries Next Generation Wireless Network Market Analysis
13.1. U.S.
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2021
13.1.2.1. By Type
13.1.2.2. By End Users
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2021
13.2.2.1. By Type
13.2.2.2. By End Users
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2021
13.3.2.1. By Type
13.3.2.2. By End Users
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2021
13.4.2.1. By Type
13.4.2.2. By End Users
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2021
13.5.2.1. By Type
13.5.2.2. By End Users
13.6. U.K.
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2021
13.6.2.1. By Type
13.6.2.2. By End Users
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2021
13.7.2.1. By Type
13.7.2.2. By End Users
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2021
13.8.2.1. By Type
13.8.2.2. By End Users
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2021
13.9.2.1. By Type
13.9.2.2. By End Users
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2021
13.10.2.1. By Type
13.10.2.2. By End Users
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2021
13.11.2.1. By Type
13.11.2.2. By End Users
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Type
13.12.2.2. By End Users
13.13. Malaysia
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2021
13.13.2.1. By Type
13.13.2.2. By End Users
13.14. Singapore
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2021
13.14.2.1. By Type
13.14.2.2. By End Users
13.15. Australia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2021
13.15.2.1. By Type
13.15.2.2. By End Users
13.16. New Zealand
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2021
13.16.2.1. By Type
13.16.2.2. By End Users
13.17. GCC Countries
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2021
13.17.2.1. By Type
13.17.2.2. By End Users
13.18. South Africa
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2021
13.18.2.1. By Type
13.18.2.2. By End Users
13.19. Israel
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2021
13.19.2.1. By Type
13.19.2.2. By End Users
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Type
14.3.3. By End Users
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Qualcomm Technologies, Inc.
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.2. IBM Corporation
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.3. Cisco Systems, Inc.
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.4. AT&T Inc.
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.5. Idea Cellular
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.6. Nokia Corporation
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.7. Semtech Corporation
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.8. Sigfox Technology
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.9. Verizon Digital Media Services
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.10. T-Mobile International AG
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
Industrial Automation
September 2022
REP-GB-181
250 pages
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Next Generation Wireless Network Market
