Global Carrier Wi-Fi Equipment Market to Reach USD 21,375.28 Million by 2031 | CAGR of 18.8%
Category : IT And Telecommunications | Published Date : Nov 2024 | Type : Press Release
Carrier Wi-Fi Equipment Market Scope & Overview:
In the newly published report, Consegic Business Intelligence states that the Carrier Wi-Fi Equipment Market was valued at USD 5,377.29 Million in 2023 and is projected to reach USD 21,375.28 Million by 2031, growing at a CAGR of 18.8% from 2024 to 2031. Carrier Wi-Fi equipment includes access points, controllers, gateways, and network management tools, enabling telecom service providers to deliver high-speed and reliable wireless internet access, especially in high-density environments like public venues and urban areas.
The report comprises the Carrier Wi-Fi Equipment Market Share, Size & Industry Analysis, By Component (Access Points, Controllers, Gateways, Software, Others), By Network Type (3G & 4G LTE, 5G, Public Wi-Fi, Private Wi-Fi), By Deployment Type (Indoor, Outdoor, Cloud-Based), By End-User (Telecom Operators, Internet Service Providers (ISPs), Enterprises, Government & Public Sector), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa), and Forecast, 2024–2031.
The report contains detailed information on Carrier Wi-Fi Equipment Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
The rising demand for mobile data offloading onto Wi-Fi networks due to increasing data traffic drives the market, while challenges in ensuring consistent Quality of Service (QoS) act as a significant constraint.
Segmental Analysis :
By Component, the market is segmented into Access Points, Controllers, Gateways, Software, and Others.
- Access Points held the largest market share in 2023, driven by increasing deployment in public venues for enhanced coverage and reliability.
- Software is anticipated to register the fastest CAGR, driven by the adoption of cloud-based management solutions and AI-driven analytics.
By Network Type, the market includes 3G & 4G LTE, 5G, Public Wi-Fi, and Private Wi-Fi.
- Public Wi-Fi led the market in 2023 due to its extensive deployment in high-traffic areas like airports, stadiums, and shopping malls.
- 5G is expected to exhibit the fastest CAGR, driven by the integration of advanced Wi-Fi solutions with 5G networks for improved connectivity.
By Deployment Type, the market segments include Indoor, Outdoor, and Cloud-Based.
- Indoor deployments accounted for the largest share, owing to widespread use in commercial and enterprise environments.
- Cloud-Based deployments are projected to grow at the fastest rate, driven by the demand for scalable and easily manageable network solutions.
By End-User, the market is divided into Telecom Operators, Internet Service Providers (ISPs), Enterprises, and Government & Public Sector.
- Telecom Operators dominated the market in 2023 due to their extensive use of carrier Wi-Fi solutions for offloading mobile data traffic.
- Enterprises are expected to grow rapidly, driven by increasing demand for secure, high-performance Wi-Fi in business environments.
Based on regions, the global market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
- Asia-Pacific is experiencing the fastest growth due to rising internet penetration and urbanization in China, India, and Japan.
- North America leads the market, supported by advanced infrastructure and early adoption of next-generation Wi-Fi technologies.
| Report Attributes | Report Details |
| Study Timeline | 2018-2031 |
| Market Size in 2031 | USD 21,375.28 Million |
| CAGR (2024-2031) | 18.8% |
| By Component | Access Points, Controllers, Gateways, Software, Others |
| By Network Type | 3G & 4G LTE, 5G, Public Wi-Fi, Private Wi-Fi |
| By Deployment Type | Indoor, Outdoor, Cloud-Based |
| By End-User | Telecom Operators, ISPs, Enterprises, Government & Public Sector |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Carrier Wi-Fi Equipment Industry:
- Cisco Systems, Inc. (USA)
- Aruba Networks (a Hewlett Packard Enterprise company) (USA)
- Ruckus Networks (a CommScope company) (USA)
- Extreme Networks, Inc. (USA)
- Ubiquiti Inc. (USA)
- Cambium Networks (USA)
- NETGEAR, Inc. (USA)
- Huawei Technologies Co., Ltd. (China)
- ZTE Corporation (China)
- Nokia Corporation (Finland)
Recent Industry Developments :
- October 2023: Nokia introduced its Wi-Fi 7 product portfolio, delivering high-speed and low-latency connectivity designed for demanding applications like VR and 8K video streaming.
- May 2023: CommScope launched new HomeVantage Fiber Gateways at ANGA COM 2023, focusing on enhanced fiber connectivity for improved network performance.
