The global next-generation wireless network market is projected to amass a revenue of about USD 56,782.0 million by 2032, up from USD 28,578.0 million in 2022 moving forward with a CAGR of 7.1% during the forecast period (2022 to 2032).
| Report Attribute | Details |
|---|---|
| Next Generation Wireless Network Market Value (2022) | USD 28,578.0 Million |
| Next Generation Wireless Network Market Anticipated Forecast Value (2032) | USD 56,782.0 Million |
| Next Generation Wireless Network Market Projected Growth Rate (2022 to 2032) | 7.1% |
The demand for next-generation wireless networks is gaining momentum as in the present scenario, wireless technology is continuously evolving, starting with 0G (e.g., Radio telephones) to 5G, the next generation wireless technology.
Currently, 4G LTE (4th Generation Long term Evolution) technology and WiMAX are evolving and have wide applications due to their high data transfer speed and stability, creating a legion of next generation wireless network market opportunities.
Moreover, the adoption of next generation wireless network is on the surge as the next generation wireless network 5G will operate on very high frequencies and likely has a massive capacity and low latency.
Emerging trends in the next-generation wireless network market fostered by the growing IoT (Internet of Things) connectivity resulting in the development of more services.
In the low power wide area network, two services Sigfox and LoRa technology, are reinventing the connectivity for IoT to bring down cost and energy consumption drastically, in turn, boosting the next-generation wireless network market growth.
Both the technologies are for uplink-only transmissions with many endpoints.
The next-generation wireless network market trends are shaped by another technology, RPMA (Random Phase Multiple Access) developments which have excellent upload and download capacity and coverage.
The demand for next generation wireless networks spikes with wireless technology used in various applications like GPS, cellular phones, home entertainment system control boxes, satellite television, wireless LAN and many others.
The factors driving the adoption of next generation wireless network are high speed, low prices and increasing applications and usage.
These next generation wireless network also provides more coverage and secured access than existing networks, improving the next generation wireless network adoption trends.
The increasing applications of wireless technology like self-driving cars, drones, household appliances and industrial machines are leading to an uptick in demand for next generation wireless network.
According to the next generation wireless network market survey, it is also predicted that developments in wireless sensor networks, informatics, and telecommunications likely present lucrative opportunities to market participants.
The factor significantly dwindling the next generation wireless network market size include the trade between the flexibility of use and the platforms.
Interoperability with existing technology, compatibility issues with old devices and high initial investment are other factors negatively impacting the next generation wireless network market outlook.
Many businesses and governmental organisations are actively participating in investments in and R&D efforts for the NGN infrastructure, which is still in its early stages.
Large network companies are expanding their reach and looking for investment opportunities by offering virtual training and education and expanding their next generation wireless network market share.
Additionally, the next generation wireless network market statistics are on a rising trajectory as the need for reliable internet and data services during the pandemic has prompted mergers and partnerships for product development, etc.
By geography, North America is anticipated to be at the forefront of the next generation wireless network market, with a share of 34.9% in 2022.
Many large companies like Qualcomm Technologies, Cisco Systems, Inc., and AT&T Inc. are investing in next generation wireless network due to the high availability of bandwidth, the growth of IoT in the region and wide network coverage.
The presence of developed nations like the USA and Canada, constant technological advancement, and infrastructure investments in communication technologies in these countries facilitates the adoption of next generation wireless network.
The next generation wireless network market trends and forecast are further improved by the availability of abundant bandwidth, the presence of multinational companies, and the expansion of the Internet of Things.
In terms of product development and introduction, European countries are setting the pace for innovation. Due to this, there is a significant rise in the demand for next generation wireless network on a global level.
Additionally, they are engaging in joint ventures with businesses to improve the services offered and advance the wireless communication industry.
Future mobile wireless systems are likely posed by capacity problems that are being addressed by the SAMURAI project.
The scientific and business communities can access the OpenAirInterface and ASGARD code through an open development licence. This guarantees that SAMURAI's contribution will be highlighted in any subsequent research.
The SAMURAI findings have the capacity to establish Europe as a significant player in next-generation wireless systems, shaping the region's next generation wireless network market key trends & opportunities.
High power consumption is one of the main issues facing high-speed communication networks.
Since WiFi 6 technology is still in its early stages of development, devices that operate at higher speeds tend to use a lot of power.
Start-ups and scaleups create solutions to reduce the amount of power used by wireless networks to achieve this.
The US-based start-up ETA Wireless offers technology for reducing the power consumption of wireless communication networks, including WiFi 6.
The power consumption of smartphones, wearables, and Internet of Things (IoT) devices is significantly reduced thanks to the start-up's ETAdvanced power management chip for wireless communications.
The start-up uses its innovative power amplifier architecture to constantly optimise how much energy devices use.
The key players in the next generation wireless network market are Qualcomm Technologies, Inc., IBM Corporation, Cisco Systems, Inc., AT&T Inc., Idea cellular, Nokia Corporation, Semtech Corporation, Sigfox technology, Verizon Digital Media Services and T-Mobile International AG.
Some of the recent developments in the next generation wireless network market are:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 7.1% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Type, End Use, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; Asia Pacific; Japan; The Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | Qualcomm Technologies, Inc.; IBM Corporation; Cisco Systems, Inc.; AT&T Inc.; Idea cellular; Nokia Corporation; Semtech Corporation; Sigfox technology; Verizon Digital Media Services; T-Mobile International AG |
| Customization | Available Upon Request |
Table 1: Global Next Generation Wireless Network Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Next Generation Wireless Network Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 3: Global Next Generation Wireless Network Market Value (US$ Mn) Forecast by End Users, 2017-2032
Table 4: North America Next Generation Wireless Network Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 5: North America Next Generation Wireless Network Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 6: North America Next Generation Wireless Network Market Value (US$ Mn) Forecast by End Users, 2017-2032
Table 7: Latin America Next Generation Wireless Network Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 8: Latin America Next Generation Wireless Network Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 9: Latin America Next Generation Wireless Network Market Value (US$ Mn) Forecast by End Users, 2017-2032
Table 10: Europe Next Generation Wireless Network Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 11: Europe Next Generation Wireless Network Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 12: Europe Next Generation Wireless Network Market Value (US$ Mn) Forecast by End Users, 2017-2032
Table 13: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 15: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) Forecast by End Users, 2017-2032
Table 16: MEA Next Generation Wireless Network Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 17: MEA Next Generation Wireless Network Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 18: MEA Next Generation Wireless Network Market Value (US$ Mn) Forecast by End Users, 2017-2032
Figure 1: Global Next Generation Wireless Network Market Value (US$ Mn) by Type, 2022-2032
Figure 2: Global Next Generation Wireless Network Market Value (US$ Mn) by End Users, 2022-2032
Figure 3: Global Next Generation Wireless Network Market Value (US$ Mn) by Region, 2022-2032
Figure 4: Global Next Generation Wireless Network Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 5: Global Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 6: Global Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 7: Global Next Generation Wireless Network Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 8: Global Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 9: Global Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 10: Global Next Generation Wireless Network Market Value (US$ Mn) Analysis by End Users, 2017-2032
Figure 11: Global Next Generation Wireless Network Market Value Share (%) and BPS Analysis by End Users, 2022-2032
Figure 12: Global Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by End Users, 2022-2032
Figure 13: Global Next Generation Wireless Network Market Attractiveness by Type, 2022-2032
Figure 14: Global Next Generation Wireless Network Market Attractiveness by End Users, 2022-2032
Figure 15: Global Next Generation Wireless Network Market Attractiveness by Region, 2022-2032
Figure 16: North America Next Generation Wireless Network Market Value (US$ Mn) by Type, 2022-2032
Figure 17: North America Next Generation Wireless Network Market Value (US$ Mn) by End Users, 2022-2032
Figure 18: North America Next Generation Wireless Network Market Value (US$ Mn) by Country, 2022-2032
Figure 19: North America Next Generation Wireless Network Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 20: North America Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 21: North America Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 22: North America Next Generation Wireless Network Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 23: North America Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 24: North America Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 25: North America Next Generation Wireless Network Market Value (US$ Mn) Analysis by End Users, 2017-2032
Figure 26: North America Next Generation Wireless Network Market Value Share (%) and BPS Analysis by End Users, 2022-2032
Figure 27: North America Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by End Users, 2022-2032
Figure 28: North America Next Generation Wireless Network Market Attractiveness by Type, 2022-2032
Figure 29: North America Next Generation Wireless Network Market Attractiveness by End Users, 2022-2032
Figure 30: North America Next Generation Wireless Network Market Attractiveness by Country, 2022-2032
Figure 31: Latin America Next Generation Wireless Network Market Value (US$ Mn) by Type, 2022-2032
Figure 32: Latin America Next Generation Wireless Network Market Value (US$ Mn) by End Users, 2022-2032
Figure 33: Latin America Next Generation Wireless Network Market Value (US$ Mn) by Country, 2022-2032
Figure 34: Latin America Next Generation Wireless Network Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 35: Latin America Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 36: Latin America Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 37: Latin America Next Generation Wireless Network Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 38: Latin America Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 39: Latin America Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 40: Latin America Next Generation Wireless Network Market Value (US$ Mn) Analysis by End Users, 2017-2032
Figure 41: Latin America Next Generation Wireless Network Market Value Share (%) and BPS Analysis by End Users, 2022-2032
Figure 42: Latin America Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by End Users, 2022-2032
Figure 43: Latin America Next Generation Wireless Network Market Attractiveness by Type, 2022-2032
Figure 44: Latin America Next Generation Wireless Network Market Attractiveness by End Users, 2022-2032
Figure 45: Latin America Next Generation Wireless Network Market Attractiveness by Country, 2022-2032
Figure 46: Europe Next Generation Wireless Network Market Value (US$ Mn) by Type, 2022-2032
Figure 47: Europe Next Generation Wireless Network Market Value (US$ Mn) by End Users, 2022-2032
Figure 48: Europe Next Generation Wireless Network Market Value (US$ Mn) by Country, 2022-2032
Figure 49: Europe Next Generation Wireless Network Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 50: Europe Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 51: Europe Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 52: Europe Next Generation Wireless Network Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 53: Europe Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 54: Europe Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 55: Europe Next Generation Wireless Network Market Value (US$ Mn) Analysis by End Users, 2017-2032
Figure 56: Europe Next Generation Wireless Network Market Value Share (%) and BPS Analysis by End Users, 2022-2032
Figure 57: Europe Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by End Users, 2022-2032
Figure 58: Europe Next Generation Wireless Network Market Attractiveness by Type, 2022-2032
Figure 59: Europe Next Generation Wireless Network Market Attractiveness by End Users, 2022-2032
Figure 60: Europe Next Generation Wireless Network Market Attractiveness by Country, 2022-2032
Figure 61: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) by Type, 2022-2032
Figure 62: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) by End Users, 2022-2032
Figure 63: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) by Country, 2022-2032
Figure 64: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 65: Asia Pacific Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 66: Asia Pacific Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 67: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 68: Asia Pacific Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 69: Asia Pacific Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 70: Asia Pacific Next Generation Wireless Network Market Value (US$ Mn) Analysis by End Users, 2017-2032
Figure 71: Asia Pacific Next Generation Wireless Network Market Value Share (%) and BPS Analysis by End Users, 2022-2032
Figure 72: Asia Pacific Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by End Users, 2022-2032
Figure 73: Asia Pacific Next Generation Wireless Network Market Attractiveness by Type, 2022-2032
Figure 74: Asia Pacific Next Generation Wireless Network Market Attractiveness by End Users, 2022-2032
Figure 75: Asia Pacific Next Generation Wireless Network Market Attractiveness by Country, 2022-2032
Figure 76: MEA Next Generation Wireless Network Market Value (US$ Mn) by Type, 2022-2032
Figure 77: MEA Next Generation Wireless Network Market Value (US$ Mn) by End Users, 2022-2032
Figure 78: MEA Next Generation Wireless Network Market Value (US$ Mn) by Country, 2022-2032
Figure 79: MEA Next Generation Wireless Network Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 80: MEA Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 81: MEA Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 82: MEA Next Generation Wireless Network Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 83: MEA Next Generation Wireless Network Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 84: MEA Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 85: MEA Next Generation Wireless Network Market Value (US$ Mn) Analysis by End Users, 2017-2032
Figure 86: MEA Next Generation Wireless Network Market Value Share (%) and BPS Analysis by End Users, 2022-2032
Figure 87: MEA Next Generation Wireless Network Market Y-o-Y Growth (%) Projections by End Users, 2022-2032
Figure 88: MEA Next Generation Wireless Network Market Attractiveness by Type, 2022-2032
Figure 89: MEA Next Generation Wireless Network Market Attractiveness by End Users, 2022-2032
Figure 90: MEA Next Generation Wireless Network Market Attractiveness by Country, 2022-2032
The global next generation wireless network market is set to advance at a CAGR of 7.1% from 2022 to 2032.
The North America next generation wireless network market is likely to hold 34.9% share in 2022.
The next generation wireless network market is anticipated to account for USD 56,782.0 million by 2032.
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