What is Wireless Broadband Market?
Wireless broadband allows connectivity without wired cables, using wireless router which converts incoming signals and transmit them. Growing IoT applications fueled by rising digitization is expected to increase the demand for wireless broadband services. Also, manufactures are focusing on low power consumption devices to cater consumer need. To strengthen the network connectivity, various stakeholders have upped their ante as low cost satellite launch is becoming the new norms.
The market study is being classified by Type (Fixed Wireless Broadband, Mobile Wireless Broadband and Satellite Wireless Broadband) and major geographies with country level break-up.
Nokia Networks [Finland], Alcatel-Lucent [France], AT&T Inc [United States], Huawei Technologies [China], Motorola Solutions [United States], Airbus Group [Netherlands], Verizon Communications [United States], Vodafone [United Kingdom], ZTE Corporation [China], Ericsson [Sweden], Harris Corporation [United States] and Cisco [United States] are some of the key players profiled in the study. Additionally, the Players which are also part of the research are General Dynamics Mission [United States], Alcatel-Lucent [France], Thales [France], Iridium [United States], Airspan Networks [United States], Alvarion [Israel], Firetide [United States], Gilat [Israel], Lockheed Martin [United States], Mesh Dynamics [United States], NetMotion Wireless [], - Northrop Grumman and - Tata Advanced Systems.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Wireless Broadband market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Wireless Broadband market by Type, Application and Region.
On the basis of geography, the market of Wireless Broadband has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Need to Access the Information in Real Time
- Adoption of Wireless Sensors Across Industry and Rising IoT Application
Market Trend
- Increasing Deployment of FWA (Fixed Wireless Access)
- Shift from Fixed Services to Mobile Wireless Broadband Services Owing to Improvement in Access Speed
Restraints
- Network Interruption Owing to Adverse Weather
- High Cost Of Satellite Wireless Broadband Technology
Opportunities
- Emergence of 5G Technology
- Growing Analytics Services Using AI and Machine Learning
Challenges
- Concern Related to Privacy and Security
- Delivering End to End Quality of Service (E2E QoS)
United States based communication company OneWeb is working to deploy first ever low earth orbit satellite. The said satellite will orbit at 1,200 km above earth meaning reduction in latency speed less than 50 millisecond round trip. The company started testing services in 2018 and expected to start its services by 2019. and Also, space transportation company SpaceX got an approval from Federal Communications Commission (FCC) to launch 12,000 small, low cost satellites to accelerate the wireless broadband service by 2020.
In the United States, the American Recovery and Reinvestment Act of 2009 (ARRA) provides for funding to stimulate broadband adoption, with an emphasis on wireless broadband. The Broadband Technology Opportunities Program (BTOP) was created to promote broadband access in unserved and underserved areas. Because such areas are typically remote or rural, deploying wired technology is much more difficult and expensive than wireless.
Key Target Audience
Wireless Broadband Service Providers, System Integrators, Research Institutes, Government Agencies, Potential technology Investors and Others