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Global In-Building Wireless Market to Reach $20.3 Billion by 2026SAN FRANCISCO, July 1, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "In-Building Wireless - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCE Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry ABSTRACT- Global In-Building Wireless Market to Reach $20.3 Billion by 2026 In-building wireless systems are designed and installed in a professional manner using a host of cables, antenna and amplifiers in such a way that the spaces with poor coverage and isolated spots of a building are provided with enhanced connectivity. Growth in the global market is being driven by rising proliferation of mobile phones, increasing data traffic and pressing need for seamless connectivity and superior coverage across enterprises. The technology allows efficient distribution of long-term-evolution (LTE), cellular and radio frequencies across an infrastructure. Implemented with distributed antenna system (DAS), in-building wireless extends and distributes cellular signals of mobile networks in a building. The primary applications of these solutions include the government sector, commercial sector, hospitality industry, hospitals, educational institutes, retail stores and industrial sector. In-building wireless is anticipated to gain notable traction in new areas such as public places, stadiums and airports. Amid the COVID-19 crisis, the global market for In-Building Wireless estimated at US$10.8 Billion in the year 2020, is projected to reach a revised size of US$20.3 Billion by 2026, growing at a CAGR of 10.9% over the analysis period. Infrastructure, one of the segments analyzed in the report, is projected to record 10.7% CAGR and reach US$14.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 11.3% CAGR for the next 7-year period. The U.S. Market is Estimated at $4 Billion in 2021, While China is Forecast to Reach $3 Billion by 2026 The In-Building Wireless market in the U.S. is estimated at US$4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2026 trailing a CAGR of 12% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.8% and 10.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR. North America occupies the leading share as a result of rising data consumption and associated adoption of in-building wireless products. Rising Internet penetration, proliferation of mobile devices and tech-savvy consumers are contributing to the growth of in-building wireless market. These factors are responsible for the growing use of mobile devices, driving need for need for good coverage in offices. The European market for in-building wireless is being driven by stringent policies and concerns regarding network congestions. More MarketGlass™ Platform Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android About Global Industry Analysts, Inc. & StrategyR™ CONTACTS: LINKS Connect With Us on LinkedIn Follow Us on Twitter Journalists & Media View original content to download multimedia:https://www.prnewswire.com/news-releases/global-in-building-wireless-market-to-reach-20-3-billion-by-2026--301324184.html SOURCE Global Industry Analysts, Inc. |