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The Mobile Broadband Infrastructure market size is forecast to increase by USD 34.19 billion, at a CAGR of 9.4% between 2023 and 2028. The market is witnessing expansion in emerging countries, driven by the increasing demand for high-speed internet connectivity. This trend is further fueled by rising investments in mobile broadband infrastructure from both public and private sectors. However, the high capital requirements for deploying mobile broadband infrastructure pose a significant challenge to market growth. Despite this, the market is expected to continue its upward trajectory, as the benefits of mobile broadband, such as increased productivity, improved communication, and enhanced user experience, far outweigh the initial investment costs. Additionally, advancements in technology, including the deployment of 5G service networks and the integration of the Internet of Things (IoT) into mobile broadband infrastructure, are expected to further drive market growth.
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The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The hardware segment is estimated to witness significant growth during the forecast period. The market is witnessing significant growth due to the digital revolution and the increasing reliance on wireless technology for corporate applications, commercial development, and personal use. Global broadband services are becoming increasingly essential for sectors such as e-commerce, retail goods, hospital records, media and entertainment, and education. Uninterrupted broadband connectivity is crucial for client engagement and communication in the household sector, particularly with the rise of ultra-fast broadband and the gigabit society. The hardware segment of the market plays a pivotal role in ensuring high-speed internet access through components like base stations, antennas, routers, switches, and fiber optic cables.
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The hardware segment was the largest and was valued at USD 22.07 billion in 2018. The demand for these hardware solutions is surging due to economic reductions and the need for wireless subscribers to access real-time information via smartphones and other mobile devices. Network congestion and traffic management are key challenges, driving the need for next-generation technology and investments in wireless broadband services. These collaborations aim to provide uninterrupted broadband connectivity for public safety, online learning, and digital education, among other applications. Overall, the market is poised for continued growth, driven by the increasing demand for high-speed data access and digital channels in various sectors.
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APAC is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Mobile broadband infrastructure plays a pivotal role in facilitating public safety applications for various sectors, including critical infrastructure operators and emergency services. The integration of mobile broadband technology in public safety applications has revolutionized monitoring and system interoperability, enabling real-time video surveillance and emergency alerts. Smart grid technologies are also leveraging mobile broadband infrastructure to enhance power distribution efficiency and reliability. Public safety education and training programs are increasingly adopting mobile broadband solutions to deliver cost-effective and accessible learning opportunities. Ensuring system interoperability and reliability are crucial for effective implementation and utilization of mobile broadband infrastructure in public safety applications.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AT and T Inc. - The company offers mobile broadband which provides the fastest cellular wireless internet.
Technavio provides the ranking index for the top 20 companies along with insights on the market positioning of:
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Market structure |
Fragmented |
YoY growth 2023-2024 |
9.0 |
The market is witnessing significant growth due to the increasing demand for mobile broadband services in various sectors. The mobile broadband market is expanding rapidly, driven by corporate applications, commercial development, and digital transformation across industries. Online commerce, retail goods, hospital records, media and entertainment, and public safety are some of the key sectors fueling the demand for high-speed data access. Wireless technology and wireless broadband are at the heart of this growth, enabling real-time information exchange and communication channels for various applications. Mobile device usage is on the rise, and the need for mobile connectivity is becoming increasingly essential. Smartphones are leading the charge, offering next-generation technology and advanced features for users. However, the growing demand for mobile broadband is leading to network congestion and traffic management challenges. To address these issues, next-generation technologies such as 5G and IoT are being explored to enhance mobile broadband infrastructure and provide reliable, high-speed connectivity for first responders, businesses, and individuals alike. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Large expansion of mobile broadband infrastructure in emerging countries is notably driving market growth. The market is experiencing significant growth in emerging economies, fueled by the digital revolution and increasing smartphone usage. This transformation is driving economic and social advancements by providing uninterrupted broadband connectivity for various applications, including corporate uses, commercial development, online commerce, retail goods, hospital records, media and entertainment, and digital education. Wireless technology is at the forefront of this change, enabling high-speed internet access for wireless subscribers in the household sector and ultra-fast broadband for businesses.
The expansion of wireless broadband services, such as 4G and 5G networks, is essential for real-time communication and information exchange in sectors like public safety, client engagement, and real-time traffic management. The rollout of next-generation technology is addressing network congestion and providing high-speed data access to first responders and other professionals, enabling them to make informed decisions in critical situations. Thus, such factors are driving the growth of the market during the forecast period.
Rising investment in mobile broadband infrastructure is the key trend in the market. The market is experiencing significant growth due to the increasing demand for high-speed internet and digital transformation in various sectors. Corporate applications, commercial development, and economic reductions are driving the need for uninterrupted broadband connectivity in communication channels. In the retail sector, online commerce and digital education are increasingly relying on mobile broadband for client engagement and real-time information. The healthcare industry is also leveraging wireless technology to access hospital records and provide telemedicine services. Mobile broadband services are also revolutionizing media and entertainment, enabling high-definition streaming and on-demand content. The wireless subscriber base continues to grow, fueled by the widespread usage of smartphones and the need for high-speed data access.
Governments and telecom companies are investing heavily in broadband infrastructure to expand coverage and enhance network capabilities. Next-generation technologies such as 5G and fiber optics are being deployed to deliver ultra-fast broadband and gigabit society connectivity. This investment is also crucial for public safety and emergency services, enabling real-time information and communication channels for first responders. However, the increasing demand for mobile broadband is also leading to network congestion and traffic management challenges, necessitating advanced technologies for traffic management and next-generation wireless broadband solutions. Thus, such trends will shape the growth of the market during the forecast period.
High capital requirements for deployment of mobile broadband infrastructure is the major challenge that affects the growth of the market. The market is experiencing significant growth due to the increasing demand for uninterrupted high-speed internet connectivity in various sectors, including corporate applications, commercial development, and the household sector. The digital revolution has led to an increase in online commerce, retail goods, media and entertainment consumption, and digital education, all of which require ultra-fast broadband services. Wireless technology plays a crucial role in enabling this digital transformation, with wireless broadband services becoming increasingly popular. However, the high capital requirements for deploying next-generation technologies, such as 5G, pose a challenge for telecom operators and infrastructure providers. The deployment of advanced wireless networks involves substantial investments, including the installation of new base stations, upgrading existing networks, and acquiring spectrum licenses.
Despite these challenges, the benefits of high-speed internet, such as improved client engagement, real-time information access, and communication channels, far outweigh the costs. Furthermore, the gigabit society's increasing reliance on digital channels for various applications, including public safety, online learning, and real-time information, necessitates continued investment in mobile broadband infrastructure. Network congestion and traffic management are also critical considerations, requiring next-generation technology to ensure uninterrupted broadband connectivity for wireless subscribers. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
The market is experiencing significant growth due to the increasing demand for uninterrupted broadband connectivity in corporate applications, commercial development, and digital transformation across various sectors. The digital revolution has led to an increase in online commerce, retail goods, hospital records, media and entertainment, and online learning, driving the need for high-speed internet and wireless technology. Economic reductions have led to a shift from fixed broadband services to wireless broadband, with wireless subscribers reaching an all-time high.
The household sector, particularly in the gigabit society, is demanding ultra-fast broadband for client engagement and communication. Public safety, mobile device usage, and real-time information sharing require mobile connectivity, leading to the development of next-generation technology for network congestion and traffic management. Wireless broadband services are essential for high-speed data access in various industries, including first responders, smartphones, and communication channels. Fiber optics continue to play a crucial role in providing fiber-to-the-home solutions, but wireless broadband is becoming increasingly important in delivering broadband coverage to remote areas.
Market Scope |
|
Report Coverage |
Details |
Page number |
209 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.4% |
Market growth 2024-2028 |
USD 34.19 billion |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 36% |
Key countries |
China, US, UK, Japan, India, Germany, Canada, South Korea, France, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Adtran Holdings Inc., Arista Networks Inc., AT and T Inc., Bharti Airtel Ltd., Charter Communications Inc., China Mobile Ltd., Cisco Systems Inc., Deutsche Telekom AG, Hewlett Packard Enterprise Co., HFCL Ltd., Huawei Technologies Co. Ltd., Intel Corp., Lounea, Motorola Solutions Inc., NEC Corp., Nokia Corp., Orange SA, PomeGran Inc, Qualcomm Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Telstra Corp. Ltd., T Mobile US Inc., United Group B.V., Verizon, Vodafone Group Plc, and ZTE Corp. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, AI impact on market trends, COVID -19 impact and recovery analysis and future consumer dynamics, market condition analysis for the the market forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Component
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
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