Wireless Infrastructure Global Market Report 2024

The wireless infrastructure market size has grown rapidly in recent years. It will grow from $193.69 billion in 2023 to $214.45 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The expansion observed during the historical period can be attributed to factors such as the increasing global population, rising rates of smartphone and internet penetration, growing network and technology infrastructure, increased utilization of high-tech infrastructure, and a rising demand for high-speed internet connectivity.

The wireless infrastructure market size is expected to see rapid growth in the next few years. It will grow to $318.59 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The anticipated growth in the forecast period can be attributed to factors such as the increase in demand for connected cars, rising use of remote sensing technology, growing demand for connected car devices, rising internet penetration globally, and the increased utilization of satellite data in the development of smart cities and connected vehicles. Major trends expected in the forecast period include the adoption of the latest technologies, the growth of wireless networking technology, the advent of digitalization in various sectors, the rapid adoption of IoT-based electronic devices, and the rapid adoption of 5G technology.

The rising demand for connected cars is set to drive the expansion of the wireless infrastructure market in the coming years. Connected cars, equipped with internet connectivity for bidirectional communication with external systems, are experiencing increased demand due to advancements in safety features, growing consumer interest, added value, and environmental considerations. Wireless infrastructure plays a crucial role in connected cars by facilitating communication between vehicles and various networks, including the internet, road infrastructure, and other vehicles or pedestrians. For example, as per the Otonomo Report in March 2022, the number of connected vehicles is expected to grow from around 237 million in 2021 to over 400 million by 2025, with a projected 96% of cars being connected by 2030. Consequently, the rising demand for connected cars is propelling the growth of the wireless infrastructure market.

Key players in the wireless infrastructure market are innovating with advanced solutions such as virtuora service management and orchestration (SMO), a technology for network management and orchestration aimed at reducing energy consumption and enhancing overall network efficiency. For instance, Fujitsu Network Communications (FNC) Inc., a US-based company specializing in digital transformation solutions for network operators, unveiled virtuora service management and orchestration (SMO) in September 2022. This innovative solution utilizes technologies such as AI, ML, and cloud-native frameworks to automate service delivery across diverse networks, catering to the requirements of emerging 5G use cases. It offers advanced analytics, lifecycle service orchestration, network orchestration, and energy-saving features in network operations, including managing multivendor open RAN networks for RAN service provisioning.

In January 2022, NEC Corporation, a Japan-based IT and electronics corporation, acquired Blue Danube Systems Inc. for an undisclosed sum. This acquisition aims to bolster NEC Corporation's position in the 5G landscape, expanding its product range, customer base, and advancement in open and interoperable network solutions. Blue Danube Systems Inc., based in the US, is known for developing wireless infrastructure products and services, including mobile wireless access systems.

Major companies operating in the wireless infrastructure market are Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Fujitsu Limited, Hewlett Packard Enterprise, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, Capgemini Engineering, ZTE Corporation, Corning Incorporated, NXP Semiconductors, Motorola Solutions Inc., CommScope Holding Company Inc., Juniper Networks Inc., Arista Networks Inc., Ciena Corporation, Extreme Networks Inc., ADTRAN Inc., Mavenir Systems Inc., D-Link Corporation, RAD Data Communications Ltd., ARRIS International plc.

North America was the largest region in the wireless infrastructure market in 2023. The regions covered in the wireless infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the wireless infrastructure market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Wireless infrastructure encompasses the hardware and software components that facilitate network connectivity and communication among various devices, users, applications, and the internet. It plays a crucial role in enabling seamless communication, connectivity, and data exchange across various sectors, contributing to efficiency, productivity, and convenience.

The main types of wireless infrastructure include satellite, second generation (2G) and third generation (3G), fourth generation (4G), and fifth generation (5G). A satellite is an object that orbits around a larger object, such as a planet or a star, and can be both natural and man-made. Wireless infrastructure includes various components such as small and macro cells, radio access networks, mobile cores, and distributed area networks. It is employed across different platforms, including government, defense, and commercial sectors.

The wireless infrastructure market research report is one of a series of new reports that provides wireless infrastructure market statistics, including wireless infrastructure industry global market size, regional shares, competitors with a wireless infrastructure market share, detailed wireless infrastructure market segments, market trends and opportunities, and any further data you may need to thrive in the wireless infrastructure industry. This wireless infrastructure market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The wireless infrastructure market includes revenues earned by entities by providing services such as network deployment, site survey and planning, network optimization, maintenance and support, consulting and professional services, and network security. The market value includes the value of related goods sold by the service provider or included within the service offering. The wireless infrastructure market consists of sales of antennas, routers, switches, access point tools, repeaters, wireless controllers, and security mechanism tools. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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