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Report: In-building wireless market worth $18.0 billion by 2025

Report: In-building wireless market worth $18.0 billion by 2025

Market news |
By Jean-Pierre Joosting



According to market research report on published by MarketsandMarkets™, the in-building wireless market size is projected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a CAGR of 11.9% during the forecast period. Major factors such as the need for strong indoor network coverage, digital transformation, and new trends such as smart and intelligent buildings are expected to drive the global in-building wireless market.

A major component of the in-building wireless infrastructure, DAS has rapidly evolved to cope with the increased demands and the performance criteria required of today’s networks. Today, DAS architecture is more software-driven, coupled with an open interface, virtualizations, and cloud-native applications. DAS now provides not only good network coverage but also delivers higher network bandwidth for mission-critical business applications.

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The report finds that hospitals are deploying in-building wireless to maximize their operational efficiency and enhance overall patient care. In-building wireless systems, such as DAS and small cells, are increasingly being adopted in hospitals owing to the increasingly mobile workforce and growing use of mobile health technologies. In-building wireless systems also enable first responder radios to work in hospitals. A well-designed in-building wireless system eliminates significant concerns related to signal interference with medical equipment, which earlier required the employees or visitors in the hospitals to switch off their mobile phones.


According to the Ericsson Mobility Report published in 2017, North America records the largest use of smartphones, and traffic per smartphone is expected to increase from 7.1GB per month by the end of 2017 to 48GB by the end of 2023. The increasing number of internet subscribers, expanding mobile data traffic, and growing government emphasis on enhancing telecommunications infrastructure to meet the users’ demand for seamless connectivity will significantly drive the in-building wireless market in this region. Further, the region is expected to be the early adopter of 5G services in areas such as AR/VR, autonomous driving, and AI owing to the high customer digital engagement.

www.marketsandmarkets.com

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