PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150051
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150051
The global WTTx market size is expected to reach USD 101.88 billion by 2030 according to a new study by Polaris Market Research. The report "WTTx Market Share, Size, Trends, Industry Analysis Report, By Component; By Operating Frequencies; By Organization Size (SMEs, Large Enterprises); By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market growth is driven by government initiatives to establish smart cities and WTTx-5G deployment coverage in untapped rural and urban areas. Also growing adoption of broadband services is responsible for the market's growth.
Comprehensive network coverage and quick deployment are possible by WTTx, which are inherent benefits of wireless technology. Due to these benefits, operators can significantly shorten their network deployment time and reduce network construction expenses. These time-saving and cost-effective features are expected to influence the market's growth.
Increasing LTE technology is expected to stimulate the market's growth. Through LTE, WTTx offers fiber-like speed broadband access service. For instance, Huawei launched LTE Series products, creating a foundation for all companies in the 5G Era. They effectively collaborate between bands, beams, and sectors using artificial intelligence (AI), sector splitting, cooperative scheduling of industries, and other technologies.
WTTx Market Report Highlights
The hardware segment is expected to acquire the largest market share due to its growing sub-segment CPE, which can convert wireless and wired broadband transmission into LAN signals.
24 GHz & above operating frequency is supposed to hold a significant market share during the forecast period due to mmWave 5G, which offers more than 1 Gbps speed.
Large enterprises accounted for the most significant market share in 2021 due to increased technologies such as AR and VR in numerous sectors such as retail, healthcare, automotive, and others.
North America dominated the regional market due to the presence of top IT, telecommunication, and wireless solutions provider in this region.
Major players operating in global market include Airspan, Anritsu, AVSystem, BLiNQ Networks, Cohere Technologies, CommScope, Digi International, EDX, Eltel Group, Ericsson, Fibocom, Gemtek, Huawei, Inseego, Jaton Technology Ltd, Kelly, Keysight Technologies, Lumine, Nokia, Qualcomm, Remcom, Samsung, Tarana Wireless, Technicolor, Telrad Networks.
Polaris Market Research has segmented the WTTx market report based on component, operating frequencies, organization size, and region:
WTTx, Component Outlook (Revenue - USD Billion, 2018 - 2030)
Hardware
Access Units
Customer's Premises Equipment (CPE)
Others
Platforms & Solutions
Services
WTTx, Operating Frequencies Outlook (Revenue - USD Billion, 2018 - 2030)
8 GHz- Sub-6 GHz
6 GHz- 24GHz
24 GHz & Above
WTTx, Organization Size Outlook (Revenue - USD Billion, 2018 - 2030)
SMEs
Large Enterprises
WTTx, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global WTTx Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Operating Frequencies
Figure 7. Global WTTx Market, by Operating Frequencies, 2021 & 2030 (USD Billion)
Figure 8. Market by Component
Figure 9. Global WTTx Market, by Component, 2021 & 2030 (USD Billion)
Figure 10. Market by Organization Size
Figure 11. Global WTTx Market, by Organization Size, 2021 & 2030 (USD Billion)
Figure 12. WTTx Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 13. Strategic Analysis - WTTx Market