The global in-building wireless (IBW) system market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). In-building wireless or IBW system is a connectivity solution with a wireless network that is applicable to enhance the communication and network coverage among the enterprises and administrative buildings where the need for efficient signals and better connectivity is extremely high. IBW services flourish the demand for efficient data and connectivity solutions raises from various sectors including high-rise buildings, crowded stadiums, vast campuses, and hotels by ensuring to provide continued connectivity.
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The increasing need for faster, complex, and more advanced network connection among various end-users to gain uninterrupted, higher-speed connectivity services is expected to boost the demand for in-building wireless (IBW) systems in the market during the forecast period. The rising deployment of 5G network infrastructure to meet the elevated demand for higher bandwidth is anticipated to drive the growth of the market. Additionally, the growing trend towards digital transformation, rising implementation of public safety measures, and increasing trends for smart and intelligent building are some major factors that are expected to boost the market growth and create enormous opportunities for the market during the forecast period.
Some market players include CommScope Inc., AT&T, Inc., Telefonaktiebolaget LM Ericsson, Corning Inc., Alcatel–Lucent S.A., and others have been adopted various strategies that are boosting the global in-building wireless (IBW) system market. New product launches, mergers & acquisitions, and partnerships and collaborations, among others, are some key strategies that are adopted by key vendors to remain competitive in the market. For instance, in February 2020, CommScope Inc. plans to elevate its OneCell, a small cell solution with multiple features including an open interface, new radio points, and virtualized RAN function. This OneCell solution offers a new and open approach to operators deploying 5G networks and providing in-building wireless (IBW) services by leveraging the upgraded Open RAN (O-RAN) and management framework to cater to the need of various organizations and enterprises.
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Market Coverage
- Segment Covered-
o By Product
o By Application
- Competitive Landscape- Nokia, Ericsson, Huawei, ZTE, CommScope, Corning, Samsung, Airspan, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global In-Building Wireless (IBW) System Market Report Segmentation
By Product Type
o DAS
o Small Cell
o 5G
o VoWifi
By Application
o Commercial
o Government
o Hospital
o Industrial
o Others
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