In-Building
Wireless (IBW) System Market Industry Demand, Business Review and Analysis by
2031
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
o By Product
o By Application
Key
questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
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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