Wireless access infrastructure or wireless network infrastructure represents hardware and software components of the network that enables network connectivity, communication, data transfer, and operation management of the enterprise network. The increasing demand for real-time insights for operation management by various industries such as automotive, manufacturing, pharmaceutical, and food and beverage have accelerated the wireless network infrastructure market globally. Industry 4.0 is one of the key factors driving the wireless network infrastructure market majorly in manufacturing facilities.
Increasing adoption of smart sensors and communication devices integrated with analytics tools helps companies to generate large volumes of data to analyze and refine the product which helps them to meet the increasing needs of end customers. In addition, increasing demand for industrial robotics for the improvement of quality and reliability, and to reduce waste, production time, and cost has also accelerated the demand for wireless network infrastructure, as industrial robots transfer data for M2M communication and product analysis. For instance, according to International Federation of Robotics, the global sales of industrial robots was 381 thousand units in 2017 which is expected to reach 630 thousand units by 2021.
Based on component, the wireless access infrastructure market is segmented into hardware, software, and services. On the basis of services, the market is segmented into installation, and support & maintenance services. In terms of enterprise size, the market is segmented into small and mid-size enterprises and large enterprises. Based on application, the market is segmented into automotive, manufacturing, energy and utility, healthcare, food and beverage, IT and telecommunication, banking and financial services, and others.
In terms of region, the global wireless access infrastructure market can be categorized into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America held a dominant position in the global wireless access infrastructure market in 2017 and is expected to retain its dominance throughout the forecast period. The U.S. and Canada are major growth engines of the region. The increasing number of network connected devices in countries of North America is a major factor driving the growth of the wireless access infrastructure market in this region. For instance, in North America, there were 2.9 billion networked devices in 2017 which is expected to reach 5.0 billion by 2022. In addition, the highly presence of market leaders in North America region countries such as AT&T Inc, Cisco Systems, Inc., International Business Machines Corporation have also provided the dominant position to the region in the global wireless access infrastructure market.
The wireless access infrastructure market in Asia Pacific is expected to expand at a rapid CAGR during the forecast period. The high adoption of M2M devices in Asia Pacific plays a vital role in the growth of the wireless access infrastructure market in this region. According to Cisco, it is estimated that the adoption of M2M devices in Asia Pacific is expected to rise at a CAGR of 18.2% during the forecast period (2017-2022). India, China, Japan, and Australia are some of the major countries driving the wireless access infrastructure market in the region. The increasing demand for industrial robots have accelerated the wireless access infrastructure market in this region. According to International Federation of Robotics, in China, 138,000 industrial robots were sold in 2017. In addition, the increasing government initiatives to promote digitalization also play a major role in the growth of the wireless access infrastructure market in this region. For instance, the government of India has released US$ 444.4 Mn (INR 3,073 crore) under the Digital India Program in 2018-19.
Key players operating in the global wireless access infrastructure market include Alcatel-Lucent S.A, AT&T Inc, Cisco Systems, Inc., Ericsson, Fujitsu Ltd, Huawei Technologies Co. Ltd., International Business Machines Corporation, Nokia Networks, NXP Semiconductors N.V., Oracle Corporation, Qualcomm Incorporated, STMicroelectronics, Verizon Wireless, Wipro Limited, D-Link Corporation, Huawei Technologies Co. Ltd, and Intel Corporation.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.