2G/3G/4G/5G Wireless Infrastructure Market

Industry Insights-

• The Global 2G/3G/4G/5G Wireless Infrastructure Market was valued at USD 2.28 Billion in 2022
• It is anticipated to reach USD 3.49 Billion by 2029
• A CAGR of 6.27% is anticipated over the forecast period

Market Overview-

2G/3G/4G/5G Wireless infrastructure is a system of communication devices, connectivity standards, and solutions that work together to provide wireless networks for users. This network eliminates the need for wired connections between different devices and components, thus improving overall connectivity and connection performance. Additionally, wireless networking is a cost-effective method of communication between homes, telecommunications networks, and enterprise (business) installations, as it eliminates the need for expensive cable installations in buildings or to connect various equipment locations.

Covid-19 Impact-

The COVID-19 pandemic has had a profound impact on the 2G/3G/4G/5G wireless infrastructure industry. Production has been lowered, raw materials have been difficult to obtain, and logistics have been challenged. In July 2020, Global Eagle Entertainment, a Los Angeles-based global SATCOM provider, filed for bankruptcy protection due to the company's $1.1 billion debt. After eight months, the company emerged from bankruptcy by selling almost all its assets to first-lien investors. Governments and public and private organizations have implemented innovative technologies in an effort to combat the pandemic.

Key Players-

Some of the key players for global 2G/3G/4G/5G Wireless Infrastructure Market are -

• ABB
• Accelink Technologies
• Accelleran
• Accuris Networks
• Accuver
• Actiontec Electronics
• Actus Networks
• ADLINK Technology
• Ericsson
• Nortel
• Fujitsu
• Corning
• LG
• HUBER+SUHNER
• ZTE
• Samsung
• Nokia (ALU+MOTO)
• Qualcomm
• Juniper
• Cisco Systems
• CommScope
• Huawei

Segmentation Analysis-

By Technology

• 2G
• 3G
• 4G
• 5G

By Application

• BFSI
• Government
• Telecommunication
• Healthcare
• Others

By Regional & Country Level:

• North America

  • U.S.
  • Canada

• Europe

  • U.K.
  • France
  • Germany
  • Italy

• Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia

• Latin America

  • Brazil
  • Mexico

• Middle East and Africa

  • GCC
  • Africa
  • Rest of Middle East and Africa

Based on technology, the global 2G/3G/4G/5G Wireless Infrastructure Market is segmented as 2G, 3G, 4G, 5G. On the basis of application, the global market is bifurcated as banking, financial services, and insurance (BFSI), business process outsourcing (BPO), telecom, automotive, government, healthcare, industrial, others. Based on system, the global 2G/3G/4G/5G Wireless Infrastructure Market is segmented as macrocell radio access networks (RAN), small cells, remote radio heads (RRH), distributed antenna systems (DAS), cloud RAN, carrier Wi-Fi, mobile core, and backhaul modules.

The Macrocell RAN segment continues to be the largest segment in the wireless infrastructure market. Macrocell RAN is a single, large wireless base station that provides coverage to a wide area. It is used in densely populated areas to cover large areas and is often used in public safety networks. Macrocell RAN is a cost-effective solution for providing coverage to large areas compared to other wireless technologies. It is also easy to deploy and maintain, making it the most popular choice for operators.

The Automotive Segment is expected to experience significant growth over the forecast period, driven in part by the increased development of autonomous vehicle technologies. Ford has recently filed a patent application with the US Patent & Trademark Office for an autonomous police car that can detect traffic violations, track vehicles, capture license plate images and establish wireless communication with other vehicles. GM, meanwhile, has pledged to roll out an autonomous car without a steering wheel or pedals by 2022, and Tesla is planning to send one of its autonomous vehicles on a cross-country test trip in 2021. For these technologies to be successful, however, they must be supported by a reliable infrastructure.

Asia Pacific is projected to grow at the highest CAGR during the forecast period. This market is expected to witness a significant growth due to the growing demand for high-speed wireless networks and increasing investments in 5G networks. The key players in this market are Ericsson, Huawei, Nokia, and ZTE Corporation. These players are focusing on developing innovative solutions to meet the growing demand for wireless networks in the region. Furthermore, initiatives by the government of countries such as China and India to promote the development of wireless networks are expected to drive the growth of the wireless infrastructure market in the Asia Pacific region. All these factors are expected to drive the Asia Pacific 2G/3G/4G/5G Wireless Infrastructure Market in the coming years.

Market Drivers-

Increasing investments by market players to develop and implement high-speed networks

The major factor driving the growth of the 2G/3G/4G/5G wireless infrastructure market is the rise in investments by market players to deploy high-speed networks. This is projected to propel the growth of the market during the forecast period. Additionally, the rise in internet penetration globally, the use of satellite data in the development of smart cities and connected vehicles, and the increasing demand for connected cars are some other drivers that will contribute to the market's expansion during the forecast period.

However, the high cost of updating and lack of wireless infrastructure in developing and underdeveloped countries are expected to impede the market's growth during the forecast period. Moreover, consumer preference for wireless connectivity and the expansion of wireless communication networks in various applications are expected to provide lucrative opportunities for the 2G/3G/4G/5G wireless infrastructure market players during the forecast period.

Market Opportunities-

Increased use of satellite data in development of connected vehicles and smart cities to create opportunities

Satellite imagery is being increasingly utilized for urban management and planning, as well as for the development of smart cities. Through the use of satellite imagery datasets, urban planners are able to acquire useful information regarding annotated objects in order to better understand settlement trends and ensure efficient infrastructure management.

Furthermore, remote sensing technology is being increasingly employed for zoning and city infrastructure modelling, which is helping to meet the increasing demands of city-based populations for better management of sustainable urban development. Additionally, the growth in urban agglomeration and the need to monitor urbanization of adjoining areas in

Recent Developments-

• In 2020, The Japanese government's approval of Honda to sell the world's first level 3 autonomous vehicles has opened the door for other countries and manufacturers to follow suit. This development is being further bolstered by governmental support, increasing commercial demand, and advancements in technology.
• In April 2019, Maxar Technologies Inc. announced a collaboration with Toyota Research Institute-Advanced Development, Inc. (TRI-AD) and NTT DATA Corporation to create high-definition maps of the Tokyo metropolitan region for autonomous vehicles using high-resolution satellite imagery data. This partnership is part of a larger trend of governments and companies taking initiatives to promote the development of self-driving technologies.
• In December 2019, Brookfield Infrastructure Partners purchased 3i Infrastructure's 93% stake in Wireless Infrastructure Group (WIG) for a sum of $474.1 million.

Report Analysis	Details
Historical data	2016 - 2021
Forecast Period	2022 - 2029
Market Size in 2022:	USD 2.28 Billion
Base year considered	2021
Forecast Period CAGR %:	6.27%
Market Size Expected in 2029:	USD 3.49 Billion
Tables, Charts & Figures:	175
Pages	300
Key Players/Companies	ABB,  Accelink Technologies, Accelleran, Accuris Networks, Accuver, Actiontec Electronics, Actus Networks, ADLINK Technology,  Ericsson, Nortel, Fujitsu, Corning, LG, HUBER+SUHNER, ZTE, Samsung, Nokia (ALU+MOTO), Qualcomm, Juniper, Cisco Systems, CommScope, Huawei.
Segments Covered	By Technology, By Application
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa