PUBLISHER: Grand View Research | PRODUCT CODE: 1530117
PUBLISHER: Grand View Research | PRODUCT CODE: 1530117
In-building Wireless Market Size & Trends
The global in-building wireless market size was estimated at USD 19.42 billion in 2023 and is expected to grow at a CAGR of 10.7% from 2024 to 2030. The rise of smart devices, including wearables and IoT devices, is driving the growth of the in-building wireless market. With the increasing number of connected devices within establishments, a robust infrastructure is essential to support these devices and provide high-speed connectivity throughout the premises.
In-building wireless solutions offer the required infrastructure to handle the growing number of smart devices and provide seamless connectivity for users. With the advent of Industry 4.0, manufacturers aim to deploy in-building wireless solutions across various application areas, including Robotics, Intelligent Process Automation (IPA), Automatic Guided Vehicles (AGVs), Process Automation (RPA), remote site monitoring, autonomous vehicles, smart cities, and drone surveillance. These applications demand low latency, high bandwidth, and secure networks. In-building wireless solutions enable enterprises to independently operate scalable and reliable networks that support their current business use cases.
Most enterprises prioritize low latency costs, recognizing the essential role of in-building wireless solutions as the backbone of their infrastructure to support mission-critical applications. The growing number of IoT and Machine-to-Machine (M2M) devices, which leverage AI and ML to support mission-critical equipment across industries, has enhanced the reliability of indoor wireless coverage with high bandwidth, low latency, and high service deliverability. Enterprises with mission-critical applications are expected to increasingly rely on in-building wireless solutions for coverage rather than depending solely on carriers.
The deployment of 5G networks is transforming the in-building wireless market by driving the demand for improved indoor capacity and coverage. With 5G offering low latency and ultra-fast speeds, users expect seamless connectivity within buildings. This necessitates in-building wireless solutions such as Distributed Antenna Systems (DAS), small cells, and indoor repeaters to circulate 5G signals indoors effectively. In addition, the use of the mmWave spectrum in 5G requires creative methods to overcome propagation challenges, making in-building solutions vital for extending coverage.
Enterprises across various industries are set to leverage 5G-enabled applications to enhance customer experiences and productivity, thus increasing the demand for reliable indoor connectivity solutions. Furthermore, 5G provides prospects to improve emergency communications and public safety within buildings. The deployment of 5G networks is reshaping the in-building wireless landscape, with businesses presenting innovative and scalable solutions poised to succeed in this evolving market.
Global In-building Wireless Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global in-building wireless market report based on offering, business model, building size, application, and region.
Distributed Antenna System (DAS)
Small Cells
Wi-Fi
Hybrid Systems
Cellular/3G/4G/5G
U.S.
Canada
Mexico
UK
Germany
France
China
India
Japan
Australia
South Korea
Brazil
UAE
South Africa
KSA