Market Overview
According to the global market research report, over the study period, the worldwide carrier WiFi equipment market size is expected to reach a market value of USD 7 billion, with a CAGR of roughly 25%. Scalability, wide-area mobility, network management support, carrier-grade security, interaction with the RAN network, support for hotspot 2.0, and quality of experience and service are some of the market features of carrier WiFi. These key features help to improve network capabilities, resulting in the market potential for Carrier WiFi equipment to expand over the projection period and beyond.
Security on open networks and cellular and internet service providers throughout the world is a crucial worry for customers. The open and unsecured WiFi networks in public locations pose the most significant hazard to customers. The main benefit of carrier WiFi is carrier-grade security, which implies that an open and unprotected WiFi network is hardened to defend it from common security risks like viruses, spam spoofing, and other issues like malware attacks. It further entices the need for carrier WiFi, which boosts the carrier WiFi equipment market's growth as projected for the ongoing forecast period.
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Market Segmentation
The Carrier WiFi Equipment Market Forecast is segmented to function in various global locations based on product types, applications, end-users, and regions. The global carrier WiFi equipment market is expected to witness decent growth during the ongoing forecast period.
By Application
The carrier WiFi equipment market is segmented into carrier WiFi in 3G and 4G networks based on the application.
By end-users
Based on the propulsion types, the carrier WiFi equipment market is segmented into Enterprises, IT/Telecommunication, Government, Utilities, and residential.
Regional Analysis
According to the latest reports, based on region, the global carrier WiFi equipment market is divided into North America, Europe, Asia Pacific, Latin America, the middle-east, and Africa. Geographically, the United States continues to lead the worldwide carrier WiFi equipment industry. The popularity of carrier WiFi access service as a premium service and an increase in data traffic in cellular networks are on the growth roadmap. Another issue is that the number of mobile users in India and China is rapidly expanding and is projected to be the greatest globally as the population grows.
Some of the prominent market players are as follows:
- Nokia Networks (Finland)
- Ericsson (Sweden)
- Edgewater Wireless Systems, Inc (Canada)
- Nokia Networks (Finland)
- Cisco Systems, Inc (U.S.)
- Ericsson (Sweden)
- Hewlett Packard Enterprise Development LP (U.S.)
- Brocade Communication Systems, Inc
- Ruckus Wireless, Inc (U.S.)
- Edgewater Wireless Systems, Inc (Canada)
- Huawei Technologies Co. Ltd. (China)
- Aerohive Networks (U.S.)
- Aruba Networks (U.S.)
Industry News
Brocade Communications, along with Huawei Technologies Co. are two prominent carrier WiFi equipment service providers at the forefront of the market. Due to the increased deployment of 4G dual-mode small cells and WiFi access points. Various cellular and internet service providers are permitting WiFi as a purposefully essential product, which has the potential to boost the company's brand and revenue. Carrier WiFi assists businesses in enhancing service quality, revenue creation, and usability.
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Carrier Wi-Fi Equipment Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
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