Carrier Wi-Fi Equipment Market Size, Share, Growth, and Industry Analysis by Type (Wireless Access Points & Wireless LAN Controllers), By Application (Smartphones, Tablets, Phablets & Other), Regional Forecast to 2032

Updated On: 22 April 2024

Carrier Wi-Fi Equipment Market REPORT OVERVIEW

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The global Carrier Wi-Fi Equipment market size was USD 1865.6 million in 2022 and market is projected to touch USD 6491.89 million by 2032, exhibiting a CAGR of 13.3% during the forecast period.

The hardware and software that telecommunications carriers, internet service providers (ISPs), and other network operators employ to offer Wi-Fi services to their clients is referred to as carrier Wi-Fi equipment. Access points, controllers, and administration software are all components of this technology, which makes it possible to supply fast, dependable Wi-Fi connectivity. Carrier Wi-Fi technology is built to handle high user densities and offer seamless roaming between several access sites.

The Wi-Fi network has been strengthened to fend against common security risks (jamming detection, denial of service, intrusion detection/prevention, etc.). The carrier Wi-Fi network is more secure against outside hackers. With features like encryption, authentication, and intrusion detection and prevention, it is also security-optimized. The use of carrier Wi-Fi equipment for backhaul enables network operators to transfer data traffic from cellular networks onto Wi-Fi networks in order to lessen congestion and enhance network performance. This is in addition to providing end users with Wi-Fi connectivity.

COVID-19 Impact: Industry Shutdown Causes Market Distortion

Manufacturers of semiconductors and electronics experienced issues as a result of the COVID-19 outbreak, including unstable markets, a decline in consumer confidence, and issues with import and export trade. The global supply chain includes the sourcing of raw materials, packaging, and distribution. Moving commodities, labels, and other items has become challenging as a result of lockdowns. The markets for semiconductors were affected financially in addition to having an immediate impact on markets, supply chains, supply and demand, and all of these other things. To address this urgent situation, manufacturers of semiconductors and electronics are focusing on securing their staff, operational procedures, and supply chains. The pandemic altered the dynamics of the industry, compelling organizations to redesign every aspect of their operational frameworks in order to preserve stability amidst the disturbances. Aside from that, the companies' business operations have been affected by the outbreak, which has an effect on the overall semiconductors and electronics industry. This has partially impacted the carrier wi-fi equipment market.

LATEST TRENDS

"Cloud-Manage Wi-Fi Solution to Boost the Market Growth"

The carrier Wi-Fi equipment industry has been expanding consistently over the last few years and is anticipated to do so in the years to come. The market's rising use of cloud-managed Wi-Fi solutions is one of the major trends. Compared to conventional on-premises Wi-Fi solutions, cloud-managed Wi-Fi solutions have a number of benefits, such as simpler implementation and management, cheaper initial costs, and better scalability. The usage of Wi-Fi 6 technology is expanding across the carrier Wi-Fi market as well. Faster speeds, enhanced performance in congested areas, and more power efficiency are just a few of the enhancements that Wi-Fi 6 brings over earlier Wi-Fi standards. Last but not least, there is a growing tendency towards cellular and Wi-Fi network integration. The requirement for carriers to deliver a consistent user experience across various types of networks and the rising need for seamless connectivity are the driving forces behind this integration. This trend aids in highlighting the positive outlook of the industry. Thus, a key trend that is opening up potential for the industry to grow is the increased use of cloud managed wi-fi solution. These new developments are mostly to blame for the market's overall growth.

Carrier Wi-Fi Equipment Market SEGMENTATION

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• By Types

Based on type, the market is classified into Wireless Access Points & Wireless LAN Controllers.

• By Application

Based on the market is categorized into Smartphones, Tablets, Phablets & Other.

DRIVING FACTORS

"Mobile Data Services that Give the Market Extra Boost"

The primary driver of market growth is the rise in demand for mobile data services. Demand for Wi-Fi equipment has increased dramatically as a result of the phenomenal expansion in mobile data usage. Cellular traffic is now being diverted to Wi-Fi networks. People now expect to always be online thanks to the increasing use of smartphones, tablets, and other mobile devices. High-speed data services are in high demand as a result of this. Mobile network operators can offload cellular traffic to Wi-Fi networks effectively and economically by using carrier Wi-Fi equipment. Mobile network operators can improve customer experience overall, reduce network congestion, and deliver higher quality of service by deploying this technology. Also, the proliferation of smartphones, tablets, and other smart devices has created a need for high-speed, reliable Wi-Fi connectivity. As a result, the growth, and the increasing use of mobile data services will boost the market. It will contribute to the expansion of the semiconductor & electronic industry and it will improve the overall carrier wi-fi equipment market growth.

"Quality of Service to Encourage Market Expansion"

The quality of services is a further aspect stimulating the industry. The market's Quality of Service (QoS) is a crucial component. The term Quality of Service (QoS) refers to a network's capacity to give priority to some traffic types over others, ensuring that vital applications like audio and video receive the necessary bandwidth and performance to operate as intended. It can be set up to guarantee quality of service for particular applications like voice over IP and video streaming. (VoIP). This is accomplished by utilizing several QoS strategies, such as bandwidth reservation, traffic classification, and traffic shaping. Even in busy network environments, these approaches enable operators to guarantee that key applications get the bandwidth and performance they require. As a result, the market's sales grow. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, above mentioned factors will help the market to boost.

RESTRAINING FACTORS

"High Cost to Impede Market Expansion"

The high initial cost of deployment is the limiting factor in the market. Although the equipment offers a practical solution to provide high-speed internet access, it can be expensive to deploy at first. The price of buying, setting up, and integrating the equipment with the current mobile network infrastructure are all included in this. It also needs constant upkeep and assistance, which can be expensive. This obstacle prevents the market from growing. These limitations limit the market's overall growth. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.

Carrier Wi-Fi Equipment Market REGIONAL INSIGHTS

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"North America Dominating the Market Across the Globe"

The market for carrier wi-fi equipment in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the carrier wi-fi equipment industry share is the growing demand of product use in smartphones, tablets, & phablets is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

Study includes information on the market players and where they stand within the sector. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials offers details on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more.

List of Market Players Profiled

• Cisco Systems Inc (U.S.)
• Ruckus Wireless (U.S.)
• Adtran (U.S.)
• Alcatel-Lucent Inc (France)
• Huawei Technologies (China)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost carrier wi-fi equipment market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.