Press Release / Technology / Carrier Wi-Fi Technology Market Growth, Trends, Opportunities, Segmentation and Forecast to 2023

Carrier Wi-Fi Technology Market Growth, Trends, Opportunities, Segmentation and Forecast to 2023

Market Overview

The application areas of carrier Wi-Fi technology and equipment market is developing at a faster rate. There have been a gush in terms of data produced from numerous devices such as smartphones, tablets, laptops, and other consumer electronics devices in several developed and developing countries across the globe. Most of the mobile data is generated via carrier Wi-Fi technologies. Cellular and internet operators across the globe are consuming Wi-Fi-hotspots to offer low-cost and high-speed internet to the ever-growing large population. Further, carrier Wi-Fi equipment technology is achieving popularity among cellular providers to assist cloud-based applications and equipment requiring high-bandwidth technology.

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Carrier Wi-Fi technologies are progressively being deliberated as a cost-effective means in organizing hotspots in public places, cafes, and university campuses, which is further enhancing the internet penetration across the globe.

Key players

The global competitors in gesture recognition sector are Jestec (LTU Technologies) (Japan), Honeywell (U.S.), Toshiba (Japan), Itraff Technology (Poland), Sharp Vision Software (U.S.), Qualcomm Technologies (U.S.), Panasonic (Japan), NEC (Japan), Hitachi(Japan), Catchoom and others.

Industry Segments

On the basis of product type, the market is segmented into fixed carrier, mobile carrier, and third party carriers. A mobile carrier is a service provider that provides connectivity services to mobile phone and tablet. Among the product type, mobile carrier has the largest market share. Mobile carriers are allowed to sell access of their radio spectrum to other enterprises that operate as mobile virtual network operators. MVNOs do not own a base station, spectrum or infrastructure which is needed to transmit signals but instead lease from a licensed operator in their area.

On the basis of application, the market is segmented into carrier Wi-Fi in 3G networks and Carrier Wi-Fi in 4G networks. The ubiquity of Wi-Fi and the proliferation of dual-mode smartphones and tablets present a major opportunity for mobile operators to offload data and video traffic from their

increasingly congested 3G and 4G cellular networks, as well as to offer a subscription service for users with Wi-Fi-only devices.

Regional analysis

By geography, the U.S. retains the top spot in global carrier Wi-Fi market. However, Asia Pacific expects to show the fastest growth rate among all the regions. The roadmap to the growth includes popularity of carrier Wi-Fi access service as a premium service, and rise in data traffic in cellular network. Another factor such as the number of mobile users in India and China are increasing by big numbers and and is expected to reach the highest across the globe due to the growing population. With the increasing penetration of smartphones, the mobile traffic is also expected to rise in these countries, thereby creating varied opportunities for Asia Pacific to become an emerging market for carrier Wi-Fi equipment market, flagging new technological methods and techniques for telecom operators to develop.

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LIST OF TABLES

Table1 World Population By Major Regions (2017 To 2030)

Table2 Global Carrier Wi-Fi Equipment Market: By Region, 2017-2023

Table3 North America Carrier Wi-Fi Equipment Market: By Country, 2017-2023

LIST OF FIGURES

FIGURE 1 Global Carrier Wi-Fi Equipment Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global Carrier Wi-Fi Equipment Market

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