The global WTTx market size is projected to grow from USD 4.9 billion in 2022 to USD 33.0 billion by 2027, at a CAGR of 46.4% during the forecast period. Various key players in the ecosystem have led to a competitive and diverse market. Government initiatives to establish smart cities and WTTx-5G deployment coverage in untapped rural and urban regions are expected to drive the adoption of the WTTx market in the future. Recognizing the significance of high-speed internet to economic development, governments worldwide are pursuing large-scale projects to fund or subsidize the construction of broadband networks in underserved areas. For instance, the Federal Communications Commission’s Rural Digital Opportunity Fund (RDOF) awarded USD 9 billion to various wired, fixed wireless, and satellite operators in the US. It also introduced Connected America Fund 2 (CAFFI), whose funding allowed broadband deployment to rural areas.
By component, the customer premise equipment segment to account for a larger market size during the forecast period
Customer Premise Equipment (CPE) is an equipment in networking used to deploy wireless broadband that is kept at the user terminal. CPE devices convert wireless signals, such as 3G, 4G, and 5G, and wired broadband transmissions into LAN signals for usage by terminal devices. CPE can be considered to be a combination of router and MiFi. CPE is a device that can repeat mobile signals such as 4G signals and issue Wi-Fi signals. It allows various devices to connect to the internet simultaneously by converting 4G/5G signals to Wi-Fi signals and supplying them to hardware devices for networking.
By organization size, the SMEs segment to grow at the highest CAGR during the forecast period
SMEs face a greater challenge of a limited budget than large enterprises and require better methods to resolve complexities and optimize the cost of their business processes. Implementing wireless broadband solutions can help SMEs reduce costs and improve business efficiency. For less affluent markets and those without 5G coverage, a 4G connection is available as an alternate. Adopting WTTx solutions would reduce service costs and help provide greater coverage, high-speed, and low-latency networks, which would warrant enhanced subscriber experience and growth for SMEs.
Asia Pacific to register the highest growth rate during the forecast period
The investment and participation of Asia Pacific in the development of WTTx technology has made the region a hotspot for this industry. According to the GSMA Mobile Economy report, the region had planned to invest USD 331 billion between 2020 and 2025. The pandemic has accelerated the adoption of connected, digital solutions to enable business operations efficiently in this region and witnessed the rapid growth of the internet and wireless broadband service users. According to International Telecommunication Union (ITU), internet users in this region increased by 24% between 2019 and 2021. Asia Pacific has emerged as a central hotspot for wireless solutions and services and drives the growth of the WTTx market.
Breakdown of primaries
The study contains various industry experts' insights, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:
- By Company Type: Tier 1 - 18%, Tier 2 - 9%, and Tier 3 - 73%
- By Designation: C-level - 9%, D-level - 18%, and Others - 73%
- By Region: North America - 55%, Europe - 9%, Asia Pacific - 36%
The major players covered in the WTTx report include Huawei (China), Nokia (Finland), Ericsson (Sweden), Qualcomm (US), CommScope (US), Samsung (South Korea), Eltel Group (Sweden), Airspan (US), Inseego (US), Gemtek (Taiwan), Fibocom (China), Anritsu (Japan), Keysight Technologies (US), Technicolor (France), Lumine (Canada), Remcom (US), Cohere Technologies (US), EDX (US), Kelly (Canada), Digi International (US), BLiNQ Networks (Canada), AVSystem (Poland), Tarana Wireless (US), Telrad Networks (Israel), and Jaton Technology Ltd (China). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions to expand their footprint in the WTTx.
Research Coverage
The market study covers the WTTx market size across segments. It aims at estimating the market size and the growth potential across segments, including component, organization size, operating frequency, and region. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the global WTTx market and its subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
Figure 1 Wttx Market Segmentation
1.3.2 Geographic Scope
Figure 2 Market: Geographic Scope
1.3.3 Inclusions and Exclusions
1.3.4 Years Considered
1.4 Currency
Table 1 USD Exchange Rates, 2019-2021
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 3 Wttx Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews with Experts
2.1.2.2 List of Key Primary Interview Participants
2.1.2.3 Breakdown of Primary Profiles
2.1.2.4 Primary Sources
2.1.2.5 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
Figure 4 Bottom-Up Approach
Figure 5 Market Size Estimation Methodology, Bottom-Up (Supply-Side): Collective Revenue from All Solutions/Services of Wttx Market
2.2.2 Top-Down Approach
Figure 6 Top-Down Approach
2.2.3 Market Estimation: Demand-Side Analysis
Figure 7 Market Size Estimation Methodology: Demand-Side Analysis
2.2.4 Market Estimation: Supply-Side Analysis
Figure 8 Market Size Estimation Methodology: Supply-Side Analysis
2.2.5 Growth Forecast Assumptions
Table 2 Market Growth Assumptions
2.3 Market Breakdown and Data Triangulation
Figure 9 Data Triangulation
2.4 Research Assumptions
2.4.1 Factor Assessment
Table 3 Factor Assessment: Market
3 Executive Summary
Figure 10 Wttx Market, 2020-2027 (USD Million)
Figure 11 Market, by Component, 2022 vs. 2027 (USD Million)
Figure 12 Market, by Organization Size, 2022 vs. 2027 (USD Million)
Figure 13 Market, by Operating Frequency, 2022 vs. 2027 (USD Million)
Figure 14 Market, by Region, 2022 vs. 2027 (USD Million)
4 Premium Insights
4.1 Wttx Market Overview
Figure 15 Increasing Use of Ecommerce and Mcommerce Platforms to Drive Market Growth
4.2 North America: Market, by Operating Frequency and Organization Size (2022)
Figure 16 Large Enterprises Segment to Account for Larger Market Size in 2022
4.3 Asia-Pacific: Market, by Operating Frequency and Organization Size (2022)
Figure 17 Large Enterprises Segment to Account for Larger Market Size in 2022
4.4 Europe: Market, by Operating Frequency and Organization Size (2022)
Figure 18 Large Enterprises Segment to Account for Larger Market Size in 2022
4.5 Geographical Snapshot of Market
Figure 19 Asia-Pacific to Achieve Highest Growth During Forecast Period
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 20 Drivers, Restraints, Opportunities, and Challenges: Wttx Market
5.2.1 Drivers
5.2.1.1 Government Initiatives to Establish Smart Cities
5.2.1.2 Wttx-5G Deployment Coverage in Untapped Rural and Urban Regions
5.2.2 Restraints
5.2.2.1 Adverse Impact of Millimeter-Wave Frequency Circuitries on Environment
5.2.3 Opportunities
5.2.3.1 Wttx Offering Economic Benefits to Mobile Network Operators
5.2.3.2 Surge in Cross-Selling Trends of 5G Mobiles and Lower Cost Routers
Figure 21 Projected Net Additions Worldwide (Million) 2021-2025
5.2.3.3 Generation of New Revenue Streams for Mobile Operators
5.2.3.4 Increased Work from Home Activities Give Rise to Household Broadband Penetration
Figure 22 Globe Telecom Fixed Broadband Subscribers (Thousands)
5.2.4 Challenges
5.2.4.1 Maintaining Qos and Integration of Technologies
5.2.4.2 Handling Millimeter Waves to Maintain Radio Link Performance
5.3 Wttx Market: Supply Chain Analysis
Figure 23 Market: Supply Chain
5.4 Ecosystem
Figure 24 Market: Ecosystem
Table 4 Market: Ecosystem
5.5 Average Selling Price Model of Market Players
Table 5 Pricing Models and Indicative Price Points, 2021-2022
5.6 Technology Analysis
5.6.1 Introduction
5.6.2 Artificial Intelligence and Machine Learning
5.6.3 Augmented Reality/Virtual Reality
5.6.4 Internet of Things
5.7 Case Study Analysis
5.7.1 Case Study 1: Optus Used Ericsson's Solution to Provide Wireless Broadband 5G Services
5.7.2 Case Study 2: Kddi Delivers Network to Yakusugi by Using Commscope's Solution
5.7.3 Case Study 3: Zain Ksa Deployed Nokia's Solutions for 5G-Wttx
5.7.4 Case Study 4: Chunghwa Telecom Reaped Economic Benefits by Deploying Ericsson's Solution
5.7.5 Case Study 5: Dialog Deployed Huawei's Solutions to Increase Home Broadband Penetration
5.7.6 Case Study 6: Telenor Group Deploys Eltel Solutions
5.8 Patent Analysis
5.8.1 Methodology
5.8.2 Document Types of Patents
Table 6 Patents Filed, 2019-2022
5.8.3 Innovation and Patent Applications
Figure 25 Total Number of Patents Granted in a Year, 2019-2022
5.8.3.1 Top Applicants
Figure 26 Top Ten Companies with Highest Number of Patent Applications, 2019-2022
Table 7 US: Top Ten Patent Owners in Wttx Market, 2019-2022
Table 8 List of a Few Patents in Market, 2020-2022
5.9 Revenue Shift for Market
Figure 27 Revenue Impact on Market
5.10 Porter's Five Forces Analysis
Table 9 Market: Porter's Five Forces Model
5.10.1 Threat of New Entrants
5.10.2 Threat of Substitutes
5.10.3 Bargaining Power of Buyers
5.10.4 Bargaining Power of Suppliers
5.10.5 Degree of Competition
5.11 Regulatory Landscape
5.11.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Middle East and Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Latin America: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.11.1.1 North America
5.11.1.1.1 US
5.11.1.1.2 Canada
5.11.1.2 Europe
5.11.1.3 Asia-Pacific
5.11.1.3.1 China
5.11.1.3.2 Australia
5.11.1.3.3 Japan
5.11.1.4 Middle East and Africa
5.11.1.4.1 Saudi Arabia
5.12 Key Stakeholders and Buying Criteria
5.12.1 Key Stakeholders in Buying Process
Figure 28 Influence of Stakeholders on Buying Process
Table 15 Influence of Stakeholders on Buying Process
5.12.2 Buying Criteria
Figure 29 Key Buying Criteria
Table 16 Key Buying Criteria
5.13 Key Conferences and Events in 2022-2023
Table 17 Market: Detailed List of Conferences and Events
6 Wttx Market, by Component
6.1 Introduction
6.1.1 Component: Market Drivers
Figure 30 Platforms and Solutions Segment to Account for Larger Market Size During Forecast Period
Table 18 Market, by Component, 2016-2021 (USD Million)
Table 19 Market, by Component, 2022-2027 (USD Million)
6.2 Hardware
6.2.1 Shift Toward Wttx Hardware Installation Because of Enhanced Signal Quality
Table 20 Hardware: Market, by Type, 2016-2021 (USD Million)
Table 21 Hardware: Market, by Type, 2022-2027 (USD Million)
Table 22 Hardware: Market, by Region, 2016-2021 (USD Million)
Table 23 Hardware: Market, by Region, 2022-2027 (USD Million)
6.2.2 Customer Premise Equipment
6.2.2.1 Wttx Deployment Leads to Growing Demand for Customer Premise Equipment
Table 24 Customer Premise Equipment: Wttx Market, by Region, 2016-2021 (USD Million)
Table 25 Customer Premise Equipment: Market, by Region, 2022-2027 (USD Million)
6.2.3 Access Units
6.2.3.1 Short-Range and Large-Range Applications Coverage with Two Kinds of Access Unit
Table 26 Access Units: Market, by Region, 2016-2021 (USD Million)
Table 27 Access Units: Market, by Region, 2022-2027 (USD Million)
6.2.4 Other Hardware
6.2.4.1 Telecoms Adopting Wttx Devices to Reduce Operational Costs and Enhance Customer Experience
Table 28 Other Hardware: Market, by Region, 2016-2021 (USD Million)
Table 29 Other Hardware: Market, by Region, 2022-2027 (USD Million)
6.3 Platforms and Solutions
6.3.1 Wttx Solutions Provide Enhanced Overall Signal Strength and Broadband Speeds
Table 30 Platforms and Solutions: Market, by Region, 2016-2021 (USD Million)
Table 31 Platforms and Solutions: Market, by Region, 2022-2027 (USD Million)
6.4 Services
6.4.1 Increased B2B Communication and Improved Spectral Efficiency Led to Rise in Market Services Adoption
Table 32 Services: Wttx Market, by Type, 2016-2021 (USD Million)
Table 33 Services: Market, by Type, 2022-2027 (USD Million)
Table 34 Services: Market, by Region, 2016-2021 (USD Million)
Table 35 Services: Market, by Region, 2022-2027 (USD Million)
6.4.2 Managed Services
6.4.2.1 Managing In-House Services Forced Organizations to Outsource Certain Processes
Table 36 Managed Services: Market, by Region, 2016-2021 (USD Million)
Table 37 Managed Services: Market, by Region, 2022-2027 (USD Million)
6.4.3 Professional Services
Table 38 Professional Services: Market, by Region, 2016-2021 (USD Million)
Table 39 Professional Services: Market, by Region, 2022-2027 (USD Million)
7 Wttx Market, by Organization Size
7.1 Introduction
7.1.1 Organization Size: Market Drivers
Figure 31 Small and Medium-Sized Enterprises Segment to Grow at Higher CAGR During Forecast Period
Table 40 Market, by Organization Size, 2016-2021 (USD Million)
Table 41 Market, by Organization Size, 2022-2027 (USD Million)
7.2 Small and Medium-Sized Enterprises
7.2.1 Adoption of Digital Solutions to Reduce Costs and Provide Users Enhanced Experience
Table 42 Small and Medium-Sized Enterprises: Market, by Region, 2016-2021 (USD Million)
Table 43 Small and Medium-Sized Enterprises: Market, by Region, 2022-2027 (USD Million)
7.3 Large Enterprises
7.3.1 Wttx Solutions Meet Requirements of Home, Enterprise, and Different Industries
Table 44 Large Enterprises: Market, by Region, 2016-2021 (USD Million)
Table 45 Large Enterprises: Market, by Region, 2022-2027 (USD Million)
8 Wttx Market, by Operating Frequency
8.1 Introduction
8.1.1 Operating Frequency: Market Drivers
Figure 32 6 Ghz - 24 Ghz Segment to Account for Largest Market Size by 2027
Table 46 Market, by Operating Frequency, 2016-2021 (USD Million)
Table 47 Market, by Operating Frequency, 2022-2027 (USD Million)
8.2 1.8 Ghz - Sub 6Ghz
8.2.1 Lower Frequency Signals Help Enhance Geographic Coverage
Table 48 1.8 Ghz - Sub 6 Ghz: Market, by Region, 2016-2021 (USD Million)
Table 49 1.8 Ghz - Sub 6 Ghz: Market, by Region, 2022-2027 (USD Million)
8.3 6 Ghz - 24 Ghz
8.3.1 24 Ghz Offers Lower Propagation Loss Compared to Other Mmwave Bands
Table 50 6 Ghz - 24 Ghz: Market, by Region, 2016-2021 (USD Million)
Table 51 6 Ghz - 24 Ghz: Market, by Region, 2022-2027 (USD Million)
8.4 Above 24 Ghz
8.4.1 Higher Bandwidths to Keep Everyone Connected in Busy Environments
Table 52 Above 24 Ghz: Market, by Region, 2016-2021 (USD Million)
Table 53 Above 24 Ghz: Market, by Region, 2022-2027 (USD Million)
Companies Mentioned
- Airspan
- Anritsu
- Avsystem
- Blinq Networks
- Cohere Technologies
- Commscope
- Digi International
- Edx
- Eltel Group
- Ericsson
- Fibocom
- Gemtek
- Huawei
- Inseego
- Jaton Technology Limited
- Kelly
- Keysight Technologies
- Lumine
- Nokia
- Qualcomm
- Remcom
- Samsung
- Tarana Wireless
- Technicolor
- Telrad Networks
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | September 2022 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 4.9 Billion |
| Forecasted Market Value ( USD | $ 33.3 Billion |
| Compound Annual Growth Rate | 46.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
