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Wireless Network Infrastructure Ecosystem Market 2023 | Splendid Benefits And Trends - Analysis & Forecast

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Wireless Network Infrastructure Ecosystem Market 2023 | Splendid Benefits And Trends - Analysis & Forecast

Global Wireless Network Infrastructure Ecosystem Information Report: by Communication Infrastructure [Small cell (Microcell, Picocell, and Femtocell), Macrocell, Fronthaul], by Connectivity Technology (2G, 3G,4G/LTE, and 5G), and Region — Forecast to 2023

Wireless Network Infrastructure Ecosystem Market

The global wireless network infrastructure ecosystem market spans across North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

North America is anticipated to lead the wireless network infrastructure ecosystem market during the forecast period, followed by Europe. The deployment of 5G network connectivity and its widespread utilization for efficient and faster download speeds, and the increasing requirement for connectivity of sensor and IoT devices for various applications such as smart city development are contributing the growth of wireless network infrastructure ecosystem market in North America. Furthermore, the presence of key players such as Cisco Systems Inc., Oracle Corporation, IBM Corporation, Qorvo, Inc., Cambium Networks, Ltd., CommScope, Inc., and Qualcomm Technologies, Inc. in the US fuels the growth of the market in the region during the forecast period. Canada is also expected to contribute significantly to the wireless network infrastructure ecosystem market in North America attributed to the heavy investments from the government to facilitate the growth of the IT and telecommunication sector. The rise in the adoption of cloud-based applications, various government initiatives to deploy IT and telecommunication infrastructure, and the increasing number of compatible devices is further expected to result in the market growth.

Europe holds the second largest share in the wireless network infrastructure ecosystem market owing to factors such as the rapid adoption of bring your own device (BYOD) and corporate-owned personally enabled (COPE) devices in this region. In Europe region, the UK is expected to dominate the market with the largest market share, whereas France is expected to register the highest CAGR during the forecast period.

The wireless network infrastructure ecosystem market in the Asia-Pacific region is expected to grow significantly with a very high CAGR, due to the presence of active players in China, Japan, South Korea, India, and Hong Kong in the wireless network infrastructure ecosystem market. The companies in Asia-Pacific are Huawei Technologies Co. Ltd (China), SAMSUNG (South Korea), Wipro (India), ZTE Corporation (China), FUJITSU (Japan), and others. Other key industry players of this market are expanding in the Asia-Pacific market by collaborating with telecommunication network providers.

The global wireless network infrastructure ecosystem is expected to reach USD ~51,716 million at a CAGR of over 10.5% by the end of the forecast period.

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Key Players

Some of the prominent players in the global wireless network infrastructure ecosystem are Nokia (Finland), Ericsson AB (Sweden), IBM Corporation (US), Wipro Limited (India), Oracle Corporation (US), Samsung (Korea), ZTE Corporation (China), Cisco Systems, Inc. (US), FUJITSU (Japan), Huawei Technologies Co., Ltd (China).

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