In the recent report published by Future Market Insights (FMI), the TV white space spectrum market is currently stated to gain a lucrative USD 53.1 million in 2023. In the upcoming years, the market is projected to register a prodigious CAGR of 42.6% to attain an impressive USD 1.9 billion by 2033.
The Following Factors are Underpinning the Market Growth:
Attribute | Values |
---|---|
Global TV White Space Spectrum Market Size (2023) | USD 53.1 million |
Global TV White Space Spectrum Market Size (2033) | USD 1.9 billion |
Global TV White Space Spectrum Market Forecast | 42.6% CAGR |
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The market registered a CAGR of 72.5% from 2018 to 2022. Enlisted below are the key points driving the growth of the TV white space spectrum industry:
Over the forecast period, the market is estimated by FMI to yield USD 1.9 billion by 2033. Meanwhile, the market is assessed to register a CAGR of 42.6%. Advancement in technologies is projected to catalyze market growth in the years to come. This is expected to unlock new opportunities for the TV white space spectrum in the following years.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
Segment | Portable TV White Space Spectrum Devices |
---|---|
Market CAGR % (2023 to 2033) | 42.5% |
The portable segment in the device category is estimated to attain the maximum share of the market. The CAGR for the forecast period is expected to be 42.5% CAGR, in comparison to 72% CAGR in the historical period.
The portable TV white space spectrum devices are available in multiple devices like Wi-Fi access points, laptops, smartphones, and tablets. These devices leave a comparatively small spectrum footprint and are permitted to function on more channels and more places than fixed devices.
The segment growth is positively impacted by the surging production of smartphones with Wi-Fi access points.
Segment | Rural Internet Access |
---|---|
Market CAGR % (2023 to 2033) | 42.4% |
The rural internet access segment is expected to be the top end-use application over the upcoming years. The segment is anticipated to register a CAGR of 42.4% over the estimated period, in contrast to the 71.5% CAGR recorded in the previous period.
Country | The United States |
---|---|
Market Value USD (2033) | USD 589.1 million |
The United States industry is expected to garner USD 589.1 million by 2033. Over the forecast period, the market is estimated to register a CAGR of 41.3%. The vast application base of TV white space spectrum technology in multiple infrastructural units like smart grid networks, urban connectivity, transportation, logistics, etc., is augmenting the market growth.
The growing adoption quotient of TVWS spectrum laws by the Federal Communications Commission (FCC) is also favoring the market growth in the United States. Additionally, demand for this technology is huge in multiple end-use applications like vehicle broadband access, urban connectivity, IoT and M2M, transportation and logistics, etc.
The growing density of the urban population is projected to support market growth. A surge in urban development is expected to significantly propel the demand for highly effective urban connectivity solutions, thus driving the TV white space spectrum industry.
Attribute | Details |
---|---|
Country | China |
Market Value USD (2033) | USD 151.9 million |
Forecast CAGR % (2023 to 2033) | 43.5% |
The China TV white space spectrum industry is projected to attain a market value of USD 151.9 million by 2033. The regional market is estimated to expand at a CAGR of 43.5% through 2033.
The market is quite fragmented by several contenders. Many manufacturers are introducing portable devices that require less power and are functional at different locations to gain their foot in the global market.
Key players are employing dynamic spectrum management technologies and upgrading their technologies to consolidate and increase their visibility in top regions.
How can Businesses Scale their Revenues in the Current Market State?
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 53.1 million |
Projected Market Valuation (2033) | USD 1.9 billion |
Value-based CAGR (2023 to 2033) | 42.6% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD million for value and tons for volume |
Key Countries Covered | The United States, Canada, Brazil, Mexico, Germany, Italy, France, the United Kingdom, Spain, BENELUX, Russia, China, Japan, South Korea, India, ASEAN, ANZ, GCC Countries, Northern Africa, South Africa |
Key Segments Covered | Component, Software and Services, Device, End-use Application, Range, and Region |
Key Companies Profiled | Microsoft Corporation; Carlson Wireless Technologies, Inc.; Alphabet Inc.; Adaptrum, Inc.; Aviacomm Inc.; ATDI S.A.; Keybridge LLC; KTS Wireless; MELD Technology Inc.; Metric Systems Corporation; Spectrum Bridge, Inc.; Shared Spectrum Company; Ericsson |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The TV white space spectrum industry is projected to reach a valuation of USD 1.9 billion by 2033.
Microsoft Corporation and Carlson Wireless Technologies, Inc. are the top players in the TV white space spectrum industry.
The United States is projected to hold a sizeable market share over the forecast period.
The TV white space spectrum industry is projected to register a CAGR of 42.6%.
Estimated Size, 2024 | USD 27,575.05 million |
---|---|
Projected Size, 2034 | USD 1,26,509.30 million |
Value-based CAGR (2024 to 2034) | 16.6% |
Market Estimated Size (2022E) | USD 18.6 billion |
---|---|
Projected Market Valuation (2032F) | USD 48.0 billion |
Value-based CAGR (2022 to 2032) | 9.9% |
Explore Telecommunication Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.