In-Building Wireless Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the in-building wireless market was valued at USD 19.8 billion in 2022, and a CAGR of 12.4% is expected during the forecast period. With the emergence of smart devices, the market is highly in demand for robust infrastructure to support these devices and deliver high-speed connectivity throughout the premises. It ensures seamless connectivity for the users. Increasing focus on regulatory compliance and data privacy is driving growth in the in-building wireless market.

The high rate of mobile penetration in the market and the increasing demand for smart phones and internet connections are driving growth in the market. Increasing demand for providing cellular and wireless connectivity solutions with buildings, such as offices, malls, stadiums, and hospitals, increasing demand for technologies like distributed antenna systems, small cells, and wi-fi to improve wireless coverage and capacity indoors. The market has been growing due to increasing demand for wireless indoor connectivity for both consumer and enterprise applications.

Growth Drivers

Increasing demand for seamless connectivity, advancements in technology, such as 5G, the proliferation of IoT devices, and the need for reliable indoor coverage for various industries like healthcare, hospitality, and manufacturing. Data confidentiality and data integrity are the biggest issues these days. Increasing growth in mobile penetration and increasing accessibility to the internet are driving significant growth in the market. Increase in data-usage, and rise in demand for the smart phones, surge in usage in enterprise industry is driving growth in the market significantly. With the proliferation of smartphones and data-hungry applications, there is a growing demand for seamless connectivity indoors.

The rollout of 5G technology requires a denser network, and the expansion of IoT devices across various sectors, such as healthcare and manufacturing, necessitates robust in-building wireless infrastructure. The shift towards remote work intensified the need for reliable indoor connectivity to support videoconferencing, cloud-based applications, and other remote collaboration tools. Innovations in wireless technologies such as small-cell distributed antenna systems and cloud-based solutions are improving coverage, capacity, and performance. Industries like healthcare, hospitality, retail, and transportation have unique requirements for in-building wireless connectivity. Increasing demand for public safety mandates for first responders is driving investment in in-building wireless solutions.

Segmentation

By Component

·         Infrastructure

·         Services

By Venues

·         Large Venues

·         Medium Venues

·         Small Venues

By End-Users

·         Government

·         Manufacturing

·         Transportation and Logistics

·         Education

·         Retail

·         Hospitality

·         Healthcare

·         Others

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Middle East and Africa

·         Europe

In-Building Wireless Market by Component Segmentation

On the basis of the component, the in-building wireless market is segmented into infrastructure and services. Infrastructure is the leading segment and is expected to dominate the market during the forecast period. It includes hardware components like antennas, cables, and signal boosters, while services include installation, integration, maintenance, and management.

Services are also significant as they also provide the expertise and support needed to design, deploy, and maintain these systems effectively. Overall, both infrastructure and services are leading segments in their own way and are expected to dominate significantly during the forecast period. Increasing demand for data usage and a surge in demand for data authentication and confidentiality are driving significant growth in the market.

In-Building Wireless Market by End-Users Segmentation

On the basis of end-users, the in-building wireless market is segmented by government, manufacturing, transportation and logistics, education, retail, hospitality, healthcare, and others. Healthcare facilities require robust in-building wireless solutions to support critical communication needs, such as patient monitoring, staff coordination, and electronic medical records. The healthcare sector often invests significantly in reliable and secure wireless infrastructure for better patient care. Hospitality is another leading segment in which hotels and resorts are prioritizing providing high-quality wireless connectivity to enhance guest experiences.

Educational institutions are also increasingly adopting in-building wireless connectivity, which is essential for supporting class rooms, libraries, and administrative areas. The retail environment relies on inventory management and customer engagement tools. Seamless connectivity is vital for enhancing the shopping experience and driving sales in brick-and-mortar systems. Government buildings, including offices, courthouses, and public safety facilities, require robust in-building wireless infrastructure for internal communication, emergency response, and citizen services. Reliable connectivity is essential for supporting government operations and ensuring public safety. Increasing demand to handle huge amounts of data in an efficient manner is driving growth in the market significantly.

Regional Outlook

On the basis of the regions, the in-building wireless market is segmented into 5 regions: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. High demand for better connectivity in urban areas in North America, advanced technology adoption, and robust infrastructure investment are the reasons behind North America’s dominance in the market. The region’s large commercial and residential buildings require reliable wireless connectivity, driving the need for advanced solutions and services in the building wireless market significantly.

Advanced technology adoption in the United States of America and the presence of key players in the region are the main reasons behind the significant growth in the region. The Asia-Pacific region is also witnessing significant growth during the forecast period due to rapidly growing urbanization in the region, and increasing technological advancement, along with rising disposable income, is driving growth in the market significantly. Countries like China, Japan, India, South Korea, Vietnam, and Hong Kong are witnessing significant growth due to technological advancement and robust infrastructure. Increasing demand for high-speed internet and connectivity and expanding commercial and residential infrastructure are the main reasons behind the significant growth in the market.

5G deployment and IoT integration are the root causes behind the fueling demand in the Asia-Pacific region. Government initiatives and investment in digital infrastructure are driving growth in the in-building wireless market significantly. The European market, including countries like Germany, France, Italy, Spain, and the United Kingdom, is also witnessing moderate growth due to rising penetration of smart phones and increasing access to the internet. Robust infrastructure in the region is the key factor behind the significant growth in the region.

Key Players

·         Corning Inc

·         Nokia Corporation

·         Commscope Inc

·         Dali Wireless

·         Huawei Technologies

·         ZTE Corporation

·         Comba Telecom

·         Samsung Electronics Co. Ltd

·         Axell Wireless Ltd.

·         Other Players