#Industrial Wireless M2M
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5g Services Market: Key Players and Competitive Landscape
The global 5G services market size is estimated to reach USD 2,208.25 billion by 2030, registering a CAGR of 59.4% from 2023 to 2030, according to a new study by Grand View Research, Inc.
The rapidly rising demand for ultra-reliable and low-latency data networks capable of providing enhanced mobile connectivity is estimated to boost the market growth over the forecast period. The potential adoption of 5G services for remote patient monitoring and remote surgery applications is also anticipated to propel market growth from 2022 to 2030. The 5G wireless technology is expected to completely transform the transportation and logistics industry by providing seamless Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) connectivity.
As such, the need to ensure strong, seamless, and uninterrupted connectivity with autonomous vehicles is estimated to drive the adoption of 5G services. Furthermore, robust deployment of 5G network infrastructure is estimated to improve the operational efficiencies in several IoT use cases, including smart homes, smart cities, and industry 4.0. Hence, the rising need for high bandwidth to provide reliable communication to IoT devices is expected to elevate the overall market growth over the forecast period. In some countries, such as the U.S., China, and Japan, the trend of monitoring energy systems of buildings remotely is rising gradually. This is expected to open new opportunities for rolling out 5G services over the forecast period.
Gather more insights about the market drivers, restrains and growth of the 5g Services Market
5G Services Market Report Highlights
• The enhanced Mobile Broadband (eMBB) communication type segment is anticipated to hold the largest market share by 2030.This growth is credited to the rising focus of key market players on rolling out high-speed and low-latency data networks for residential and commercial applications, such as video conferencing, virtual meeting, Virtual Reality (VR) & Augmented Reality (AR) gaming
• The consumer segment is expected to register the highest CAGR due to the increasing commercialization of the 5G services for consumer applications across various countries, including the U.S., China, Japan, Germany, and South Korea.
• The manufacturing segment is expected to register the fastest CAGR over the forecast period due to the growing need for seamless connectivity to drive industrial devices including robots and actuators
• The U.S. is anticipated to dominate the North America regional market from 2023 to 2030 owing to the rising demand for higher data speeds for several end-use applications including M2M communications, energy & utility management, and smart mobility management
• Market incumbents are focusing on mergers and acquisitions for delivering 5G services to strengthen their presence and expand their product portfolios
• However, due to the global COVID-19 pandemic, the governments across key countries have postponed the auction for 5G spectrums. This may hamper the market growth over the forecast period
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
• The global IoT in utilities market size was estimated at USD 47.53 billion in 2023 and is expected to grow at a CAGR of 10.7% from 2024 to 2030.
• The global robotic platform market size was estimated at USD 9.97 billion in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030.
5G Services Market Segmentation
Grand View Research has segmented the global 5G services market on the basis of communication type, vertical, and region:
5G Services Communication Type Outlook (Revenue, USD Billion, 2020 - 2030)
• FWA
• eMBB
• uRLLC
• mMTC
5G Services Vertical Outlook (Revenue, USD Million, 2020 - 2030)
• Consumer
• Enterprises
o Manufacturing
o Public Safety
o Healthcare & Social Work
o Media & Entertainment
o Energy & Utility
o IT & Telecom
o Transportation & Logistics
o Aerosapce & Defense
o BFSI
o Government
o Retail
o Mining
o Oil & Gas
o Agriculture
o Construction
o Real Estate
5G Services Regional Outlook (Revenue, USD Billion, 2020 - 2030)
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Russia
o Italy
o Spain
• Asia Pacific
o China
o India
o Japan
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East & Africa (MEA)
Order a free sample PDF of the 5g Services Market Intelligence Study, published by Grand View Research.
#5g Services Market#5g Services Market Analysis#5g Services Market Report#5g Services Market Size#5g Services Market Share
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Small Cell 5G Network Market 2024 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2033
The small cell 5g network global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Small Cell 5G Network Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The small cell 5G network market size has grown exponentially in recent years. It will grow from $2.86 billion in 2023 to $3.59 billion in 2024 at a compound annual growth rate (CAGR) of 25.5%. The growth in the historic period can be attributed to rising government focus on digitalization of processes, rising demand for high-speed internet connectivity, rapid penetration of mobile devices in rural areas, increase in network densification, increase in investment in 5G infrastructure.
The small cell 5G network market size is expected to see exponential growth in the next few years. It will grow to $8.85 billion in 2028 at a compound annual growth rate (CAGR) of 25.3%. The growth in the forecast period can be attributed to growing mobile data traffic, increasing demand for fast mobile data connectivity, evolution of network technology and connectivity devices, increasing demand for fast mobile data connectivity, rising demand for 5G services. Major trends in the forecast period include technological advancement, launching advanced indoor and outdoor 5G networking technologies, adoption of 5G network technologies by governments and implementation of Internet of thing (IoT) devices, latest launches of integrated communication platforms, rise of IoT (Internet of Things) and M2M (Machine to Machine) communication.
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The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - The growing mobile data traffic is expected to propel the growth of the small cell 5G network market going forward. Mobile data traffic refers to the volume of data transmitted over a wireless cellular connection to mobile devices like smartphones and tablets. Mobile data traffic is rising due to increased smartphone adoption, growing demand for mobile applications and services, and the expansion of high-speed mobile networks. The deployment of small cell 5G networks enhances data traffic by improving network capacity, coverage, and reliability in densely populated areas, meeting the increasing demand for high-speed and low-latency connectivity. For instance, in November 2023, according to a report published by Telefonaktiebolaget LM Ericsson, a Sweden-based telecommunications company, the average mobile data usage per smartphone is expected to rise from 21 GB in 2023 to 56 GB in 2029 globally. 5G's share of mobile data traffic is expected to increase to 76% by 2029. Therefore, the growing mobile data traffic is driving the growth of the small cell 5G network market.
Market Trends - Major companies operating in the small cell 5G network market are developing advanced solutions, such as cloud-native software, to gain a competitive edge in the market. Cloud-native software refers to applications and services that are designed and built to fully leverage the capabilities and advantages of cloud computing environments. For instance, in September 2022, Mavenir Systems Inc., a US-based telecommunications software company, launched a 5G small cell E511 designed for high-capacity in-building standalone coverage. This small cell is ideal for communication service providers and private network operators targeting 5G coverage in enterprise and public spaces. It supports both distributed and centralized open radio access network (ORAN) architectures, offering flexibility for deployment scenarios like office, retail, warehousing, manufacturing, and public space.
The small cell 5G network market covered in this report is segmented –
1) By Component: Hardware, Services 2) By Architecture: Distributed, Virtualized 3) By Deployment Mode: Indoor, Outdoor 4) By Application: Enhanced Mobile Broadband, Massive Internet of Things (IoT), Massive Machine Type Communication And Ultra Reliable Low Latency 5) By End-use: Residential, Commercial, Industrial, Smart City, Transportation And Logistics, Government And Defense, Other End-Users
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Regional Insights - North America was the largest region in the small cell 5G network market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the small cell 5G network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the small cell 5G network market are Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Cisco Systems Inc., Qualcomm Technologies Inc., Fujitsu Limited, Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, ZTE Corporation, Corning Incorporated, CommScope Inc., Altiostar Networks Inc., Sterlite Technologies Limited, Aviat Networks Inc., Cambium Networks Corporation, Ceragon Networks Ltd., Casa Systems Inc., Airspan Networks Holdings Inc., Baicells Technologies, Comba Telecom Systems Holdings Ltd., Contela Inc., ip.Access Limited, Radisys Corporation, Qucell Inc., Blinq Networks, Shenzhen Gongjin Electronics Co. Ltd., PCTEL Inc., and Radwin.
Table of Contents 1. Executive Summary 2. Small Cell 5G Network Market Report Structure 3. Small Cell 5G Network Market Trends And Strategies 4. Small Cell 5G Network Market – Macro Economic Scenario 5. Small Cell 5G Network Market Size And Growth ….. 27. Small Cell 5G Network Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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5G Chipsets Market: Trends, Drivers, Challenges & Opportunities
The global 5G chipsets market size is estimated to be USD 36.29 billion in 2023 and is projected to reach USD 81.03 billion by 2028 at a CAGR of 17.4%.
The growing demand for high-speed internet, the need for better network coverage, increased cellular and M2M IoT connections, growing adoption of 5G in automobiles, increase in mobile data traffic, rising demand for high-speed and low-latency 5G infrastructure, and widespread use of chipsets in consumer electronics is driving the market.
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Market Dynamics:
Driver: High use of M2M communication technology The speed and reliability of 5G are expected to have a massive impact on machine-to-machine (M2M) and IoT. Key reasons for the increased adoption of new M2M technologies are better connectivity for smooth communication and low power requirements. The existing capacity of mobile networks must handle billions of nodes that are anticipated to ascend in the next couple of years to achieve effective M2M communication. Currently, the network capacity cannot manage M2M and human-based communications and their different communication patterns, such as latency time. For this reason, a next-level cellular network for mobile communication featuring hyper-connectivity and larger bandwidth is required (e.g., a 5G network). M2M communication technology will be widely used in heavy manufacturing and process industries (e.g., food industries) to increase the efficiency of different processes and reduce human interference with machines. M2M communication is thus expected to drive the 5G chipsets market.
Restraints: High cost of 5G chips for mobile devices The high price of 5G chips contributes to increased initial deployment expenses for manufacturers and mobile device producers. This cost is incurred when integrating 5G capabilities into smartphones, tablets, and other mobile devices. The cost of 5G chipsets is a substantial component of the overall manufacturing cost of 5G-enabled devices. This, in turn, affects the retail price of these devices, potentially limiting their affordability for a significant portion of the consumer market. High chipset costs may restrict research, development, and innovation resources in the 5G chipset market. This can potentially slow down technological advancements, limiting the pace of improvements and optimizations.
Opportunities: The emergence of private 5G networks to address wireless communication requirements in industrial IoT Private 5G networks offer low-latency communication and high reliability, which are crucial for industrial applications. 5G chipsets play a pivotal role in delivering these capabilities, ensuring that the communication infrastructure meets the stringent requirements of industrial environments. Industrial IoT applications generate large volumes of data that require high bandwidth and capacity for efficient and real-time communication. 5G chipsets enable the transmission of massive amounts of data at faster speeds, facilitating the seamless operation of IloT devices and systems. Private 5G networks cater to industrial use cases, including smart manufacturing, predictive maintenance, remote monitoring, and augmented reality applications. The versatility of 5G chips makes them suitable for addressing the diverse communication requirements of these use cases. As industries worldwide recognize the benefits of private 5G networks for their lloT needs, the demand for 5G chips is expected to grow globally.
Challenges: Design challenges for RF devices operating at higher frequency 5G technology operates at higher frequency bands than previous generations, utilizing millimeter-wave (mmWave) frequencies. The design challenge arises because higher frequencies present unique characteristics and technical obstacles that demand careful consideration in RF device design. Higher frequency signals, such as those in the mmWave spectrum, have shorter wavelengths. This results in challenges related to signal propagation and range. Signals at higher frequencies are more prone to absorption by atmospheric gases and are susceptible to obstacles like buildings and foliage, requiring sophisticated design techniques to overcome these limitations. As the 5G landscape evolves, ensuring standardization and compatibility across different devices and manufacturers becomes crucial. Design challenges include meeting industry standards and ensuring interoperability within the diverse ecosystem of 5G-enabled devices.
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Decoding IT/OT Convergence: A Guide on Understanding IT and OT
As IoT grows synonymous with digital transformation & advancements in manufacturing, it has also led to a wave of change on the shop floor. This is a significant result of IT/OT Convergence, which led to faster decision-making, better collaboration, and a single source of truth across the organization.
But what does the IT/OT Convergence do with IoT, though? How are IoT, Information Technology (IT), and Operational Technology (OT) connected? For starters, they have the same three letters appearing in some sequence in all three abbreviations, but what more do these three have in common?
It’s essential to understand these terms before analyzing the IT/OT convergence.
What is Information Technology (IT) and Operational Technology (OT)?
Until IoT became a thing, there were two distinct worlds – traditional OT systems, which have machines, devices, and other industrial equipment, and more digital IT systems that handle everything related to computers, servers, storage, networking, and others. It’s been a while since the two worlds crossed over into one – IoT. To put this in simpler terms using an application of IoT, the smart devices in our homes today that are automated are a perfect example. These devices are part of a network that combines the prowess of both IT and OT systems to automate seemingly mundane human tasks like switching on and off lights. Now that we understand how IT/OT convergence happens, let’s look at IT/OT definitions with some jargon. As the name suggests, Information Technology (IT) includes computers, servers, and networking devices to create, process, store, and exchange all forms of electronic data in a secure manner. For a manufacturing environment, it can be hardware like laptops and servers and software for ERPs, inventory management, and other business-related tools.On the other hand, Operational technology focuses on managing and controlling physical devices operating globally. For manufacturing, it can include systems like MES, SCADA, PLCs, and CNCs that monitor & control the processes on the shop floor.
How does IT/OT Convergence help in Manufacturing?
Converging various aspects of technology is as old as technology itself. Integrating and interoperating different technologies can increase efficiency, cut down costs, and improve the workflows of multiple applications.
Earlier, the OT teams would handle everything that came under the purview of operations, keeping the plant running smoothly. On the other hand, the IT team runs business applications smoothly from the head office. They would only collaborate for one-off tasks like unplanned downtime, an untoward security incident etc., without any real collaboration.
The data for both teams was available in silos with no single source of truth-giving birth to communications issues, blind spots in processes and delayed decision-making. The OT machines, in particular, were only communicating with the world via niche M2M protocols, with data stored at disparate locations, available only in silos. This is where IT/OT convergence came in.
The IT/ OT convergence aimed to bring physical equipment (OT) into the digital world of IT. This was made possible, thanks to many advances in the tech industry, starting from Machine-to-Machine (M2M) communication, not to mention the increasing sophistication of IoT sensors and actuators that can be incorporated into OT equipment. Wireless communication over standard networking protocols allowed the data from each OT system to be communicated to a central server. The IT OT convergence allows for increased autonomy, maintenance, uptime, and accuracy of all the physical systems involved, with instant machine data access to the relevant stakeholders.
This convergence is focused primarily on automatic processes, using connected devices equipped with sensors to gather, send, and receive data. The data then is stored in a central platform, where it can be analyzed, monitored and actioned upon in real-time. This opens up a new realm of possibilities, where anyone with the know-how can develop APIs to analyze different devices and monitor, analyze & control their functioning.
Manufacturers Boon – The IoT Convergence With IoT, IT/OT convergence in manufacturing has become a success story.
The convergence allows businesses and manufacturing entities to be more cost-efficient (or, more precisely, resource-efficient – be it costs, time or supply involved). With the sales and inventory data to optimize manufacturing operations, equipment and energy consumption is more efficient, while maintenance and the quantity of unsold inventory are reduced.
To Know more about Decoding IT/OT Convergence: https://www.infinite-uptime.com/decoding-it-ot-convergence-a-guide-on-understanding-it-and-ot/
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What are the security risks with edge computing?
Edge computing, while offering numerous benefits, also presents certain security risks that organizations need to be aware of. Here are some of the key security risks associated with edge computing:
Edge Security: One of the main concerns surrounding edge computing is the security of the architecture itself. IT teams often view edge computing as a potential threat to their organizations due to the unique security challenges it poses
Routing Information Attacks: Routing attacks can occur at the communication level of an edge network. These attacks interfere with the way data is transferred within the network, potentially affecting throughput, latency, and data paths
Distributed Denial of Service (DDoS) Attacks: Edge computing can be vulnerable to DDoS attacks, where an existing network resource is overwhelmed with traffic from compromised resources within the network. These attacks can disrupt the availability and performance of edge computing systems
Cybersecurity Concerns: Edge computing introduces new cybersecurity challenges, especially when combined with cloud computing. Risks include the use of specialized Machine-to-Machine (M2M) protocols that may lack sophisticated security features, wireless interfaces like Wi-Fi that can be subject to hacking, and dependence on specialized IoT devices that may have security vulnerabilities
Physical Security: Edge computing devices are not only at risk of digital attacks but also physical tampering. Protecting the physical security of edge devices becomes crucial, as compromising them can have serious consequences for data integrity and safety
To mitigate these risks, organizations should consider implementing the following measures:
Regular Testing and Remediation: Regularly test and remediate vulnerabilities in edge computing systems to ensure that security measures remain up to date
Encryption and Access Control: Implement encryption of data both at rest and in transit, change default passwords, and maintain control through centralized management dashboards
Unified Security Management: Maintain a unified approach to security management across all edge devices, ensuring regular updates and adherence to security protocols
Standardization and Best Practices: Promote standardization of secure architectures and system configurations for edge computing, and follow best practices recommended by industry organizations
While edge computing brings numerous benefits, organizations must be proactive in addressing the security risks associated with this technology. By implementing robust security measures and staying vigilant, organizations can leverage the advantages of edge computing while safeguarding their data and systems.
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Bluetooth Low Energy Module Market - Forecast(2024 - 2030)
Bluetooth Low Energy Module Market Overview
Bluetooth Low Energy Modules Market is estimated to surpass $6.7 billion by 2026 at a CAGR of 15.2% majorly driven by surge in adoption of Internet of Things (IoT) for interconnecting networks using wireless sensor networks such as machine-to-machine (M2M), people-to-people (P2P) and machine-to-people (M2P). The demand for Bluetooth enable devices owing to rapid industrialization along with high adoption of consumer electronics devices in the developing countries such as China, India, Malaysia and others have driven the growth of the market. Data transfer and exchange of data within a short range is possible due to low power consumption owing to which Bluetooth low energy modules are widely deployed. In the recent years, the development of beacon technology digital marketing, indoor positioning, electronic payment and other such applications are gaining traction. Beacons use proximity technology to detect human presence nearby and trigger preset actions to deliver informational, contextual, and personalized experience and it is a part of IoT.
Bluetooth Low Energy Module Market Report Coverage
The report: “Bluetooth Low Energy Module Market Report– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Bluetooth Low Energy Module market
By Mode: Single Mode, Dual Mode
By Application: Gaming, Wearable Electronics, Industrial and Building Automation, Consumer Electronics, Asset Tracking and Proximity Marketing, Automotive, Telecom, Electronic Devices, Sports and Fitness, Healthcare and Others
By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Australia and Others), South America(Brazil, Argentina and others), and RoW (Middle East and Africa)
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Key Takeaways
Japan is in a strong position in terms of pioneering diabetes care due to the excellent healthcare expertise.
Rapid advancements towards consumer electronic devices such as wireless headsets, audio devices, wireless speakers and many others with smart connectivity are expected to further boost the market demands towards advanced technologies such as Bluetooth low energy modules to meet growing customer demands.
The Korean government along with an automobile manufacturer Hyundai Motor Group had announced of investing about $41 Million won in 2019 to boost the developments towards making the auto industry more competitive by implementing advanced digital navigation technology in autonomous vehicles and connected cars.
Bluetooth Low Energy Module Market Segment Analysis - By Mode
Single-mode gadgets only accept Bluetooth low energy as a mode of communication and is projected to grow at 21.8% CAGR through 2026. These devices cannot connect directly with Bluetooth classic devices, however they are highly designed for Bluetooth low energy and therefore reap the full benefits of this technology. Single mode BLE's existence is so inextricably linked to the phenomenal rise of smartphones, laptops, and mobile computing, it has progressed far more quickly. Single mode BLE's early and successful acceptance by smartphone industry heavyweights like Apple and Samsung paved the way for its widespread adoption. As the smartphone and tablet markets mature and prices and margins shrink, the need for connectivity with the outside world on these platforms continues to increase, providing peripheral vendors with a rare opportunity to deliver creative solutions to issues that people might not even be aware of today. Several advantages have converged around single mode BLE, and the floodgates have opened for tiny, nimble product designers to obtain access to a potentially large market for task-specific, imaginative, and revolutionary products on a comparatively small design budget. Today, users can get all-in-one radio-plus-microcontroller (system-on-chip) systems for just under $2 per chip and in small quantities, which is far less than the total cost of equivalent wireless technologies such as WiFi, GSM, Zigbee, and so on. BLE enables to create feasible devices that can communicate with any new smartphone platform using simple chips, software, and standards.
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Bluetooth Low Energy Module Market Segment Analysis - By Application
Asset Tracking segment is projected to grow at the fastest rate of 43.2% through 2026. With the use of smartphones the BLE signals are detected. The server checks the data sent by the smartphone providing personalized campaigns such as greeting the customers at entry, notifying special offers, product discounts, or getting feedback. This in turn attracts more and more customers increasing the sales. BLE modules installed on every item enable fast tracking and tracing. In addition, it acts as a digital and IoT infrastructure. The retail vendors are able to establish a whole new level of direct and indirect communication between themselves and the customers and a position-related information can be displayed directly on the shopping cart through the BLE mesh.
Bluetooth Low Energy Module Market Segment Analysis - By Geography
Bluetooth Low Energy Module market in Asia-Pacific region held significant market share of 35.9% in 2020. The Bluetooth Low Energy (BLE) Market is witnessing a significant growth in North America due to upsurge in consumer electronics sector owing to the growth of laptops, tablets and other electronic gadgets largely for business needs, work from home scenario for the COVID-19 pandemic, online classes, gaming sectors along with the adoption of smart technologies in industries such as Automotive and Industrial Automation. According to Intelligence Node, the number of smartphone users in United States crossed 260 million in April 2020, and smartphone shipments reached 161 million units in 2019. This indicates the growth of the market as the BLE modules are deployed in the smartphones interfacing smart devices such as smart watches, smart locks and others and the information is displayed in the smart phone. Increasing penetration of IoT in Canadian markets have surged the adoption of BLE technology for tracking and monitoring of vital assets, which has become much simpler through the use of this technology. Moreover, connected sensors that transmit the location of vehicles are used to track the status of machines and containers fuelling the market growth.
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Bluetooth Low Energy Module Market Drivers
Increasing Adoption of IoT
The Internet of Things (IoT) refers to a device that operates in the physical world using embedded wireless sensors that can link to the Internet through wired or wireless connections. RFID, NFC, Bluetooth, Bluetooth Low Energy (BLE), and Zigbee are indeed a few of the wireless connectivity solutions available to these sensors. Big Data and the Internet of Things (IoT) are thriving at a rapid pace as a result of technical advances in a diverse array of market verticals. These developments are often included in high-end Bluetooth Low Energy (BLE) modules, which is propelling the demand for Bluetooth Low Energy (BLE) modules forward at a rapid pace. Natural Language Processing (NLP), facial recognition, and Artificial Intelligence are all supported by analytics in Bluetooth Low Energy (BLE) modules. The application platform for Bluetooth Low Energy (BLE) modules are growing, with instances including baby tracking, traffic monitoring, and automated number plate recognition. According to EnOcean GmbH, approximately 400 TWh (terawatt-hour) of energy has been wasted by 14 billion wireless sensor networks (WSNs) users in low power mode around the world. However, with 50 million smartphones, demand will rise by 3.5 times to over 1,400 TWh by 2022. As a result of its low power consumption, Bluetooth Low Energy (BLE) has the best chance of entering the market deeply, resulting in good growth opportunities in the near future, especially in the remote healthcare and automotive industries.
Low Power Consumption Capability
Bluetooth Low Energy is a smarter, more energy-efficient variant of the Bluetooth wireless technology. It is now contributing to turn mobile devices into intelligent devices by making them more portable, and simple. Anything, from the physical architecture to the usage models, is geared toward reducing power consumption. A BLE system is kept in sleep mode for the majority of the time to save power. The device wakes up when an incident happens, and a brief message is sent to a gateway, PC, or mobile. The average power usage is around 1 A and the maximum/peak power consumption is less than 15 mA. The active power consumption is a tenth of that of traditional Bluetooth. A button cell battery could last 5-10 years in low-duty-cycle applications. The Bluetooth low energy (BLE) modules are built in such a way that they can operate for four to five years on a single charge. The BLE technology is expensive, but it has a wide variety of applications. Unlike standard Bluetooth, the Bluetooth low energy (BLE) module does not generate heat. Furthermore, data transfer can be accomplished at a higher rate. The Bluetooth low energy (BLE) module has a higher throughput and a longer range than the standard Bluetooth module.
Bluetooth Low Energy Module Market Challenges
Issues with One to One Pairing
Security researchers say vulnerabilities during pairing constitute a severe security risk. Unlike its predecessor Bluetooth Classic, which could accommodate multiple user links, Bluetooth Low Energy has been designed for one-to-one connections, owing to its low power consumption functionality. Bluetooth Classic is built on a mesh network, while Bluetooth Low Energy was created to be mobile in a mesh topology for fast connectivity and disconnection. While a Bluetooth Low Energy powered hub/master computer will connect to several Bluetooth Smart devices, the reverse is not valid. As a result, the user's ability to send data from a single Bluetooth Smart powered sensing device to multiple hub devices is restricted. This is a source of worry for top players who must scan various output metrics on multiple tracking systems on a regular basis. In April 2020, researchers at The Ohio State University recently developed an automated app analysis tool and used it to identify 1,757 vulnerable free BLE apps in Google Play store. They also performed a field test in which 7.4% of 5,822 BLE devices were vulnerable to unauthorized access.
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Bluetooth Low Energy Module Market Outlook
Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Bluetooth Low Energy Module market. Bluetooth Low Energy Module top companies include STMicroelectronics, Cypress Semiconductor, Murata, Panasonic and Texas Instruments among others.
Acquisitions/Product Launches
In March 2021, U-blox launched professional grade MAYA-W1 Wi-Fi 4 and Bluetooth 5 multiradio module based on NXP’s IW416 chip for fast-growing, future-oriented professional applications. It has Bluetooth low energy and Bluetooth classic in a single hardware component.
In March 2019, Murata Manufacturing has partnered with Cypress Semiconductor to develop a low power, small form factor Wi-Fi and Bluetooth module. The new Type 1LV CYW43012 improves battery life in wearabls, smart home products and portable audio applications.
#Bluetooth Low Energy Module Market#Bluetooth Low Energy Module Market Share#Bluetooth Low Energy Module Market Size#Bluetooth Low Energy Module Market Forecast#Bluetooth Low Energy Module Market Report#Bluetooth Low Energy Module Market Growth
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Cellular Machine-to-Machine (M2M) Modules Market Analysis 2023 Dynamics, Players, Type, Applications, Trends, Regional Segmented, Outlook & Forecast till 2033
The Global Cellular Machine-To-Machine (M2M) Modules Market size is projected to be USD 24.47 billion in 2023 to USD 197.10 billion in 2033, exhibiting a CAGR of 23.2% from 2024 to 2033.
The competitive analysis of the Cellular Machine-to-Machine (M2M) Modules Market include a comprehensive analysis of market trends, competitor landscape, consumer behavior, and potential opportunities. It should cover key demographics, market size, growth projections, and risk factors. The report should also highlight the methodology used for data collection and analysis, presenting findings with visual aids such as charts and graphs. Additionally, recommendations and strategic insights for stakeholders to make informed decisions are crucial. The report should be concise, well-organized, and provide actionable information for businesses aiming to navigate the market effectively.
Key Function:
A Cellular Machine-to-Machine (M2M) Modules market research report serves to assess market dynamics, identify opportunities, and mitigate risks for businesses. It analyzes consumer preferences, competitor strategies, and economic trends. The report facilitates informed decision-making by presenting data on market size, growth potential, and emerging patterns. It aids in product development, pricing strategies, and market positioning. Additionally, market research reports help businesses understand their target audience, enhance marketing efforts, and optimize resource allocation. By offering actionable insights, these reports empower organizations to stay competitive, adapt to changing market conditions, and foster sustainable growth in a dynamic business environment.
Key Dynamics:
Market research reports capture vital dynamics, including market trends, competitive analysis, and consumer behavior. They reveal market size, growth projections, and regional nuances. SWOT analysis examines internal strengths and weaknesses, along with external opportunities and threats. Consumer insights delve into preferences, impacting product development and marketing strategies. The competitive landscape unveils key players, strategies, and market shares. Regulatory factors and industry challenges are explored, aiding risk assessment. Timely and accurate information empowers businesses to adapt strategies, capitalize on opportunities, and navigate challenges, ensuring informed decision-making and sustained competitiveness in dynamic markets.
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Market Segmentations:
Global Cellular Machine-to-Machine (M2M) Modules Market: By Company • Huawei • Sierra Wireless • SIMcom Wireless Solutions • Novatel Wireless • Telit Communications • U-blox Global Cellular Machine-to-Machine (M2M) Modules Market: By Type • WiMAX • LTE modules • 2G, 3G Global Cellular Machine-to-Machine (M2M) Modules Market: By Application • Healthcare • Energy & Utilities • Automotive • Security • Other
Regional Analysis of Global Cellular Machine-to-Machine (M2M) Modules Market
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Cellular Machine-to-Machine (M2M) Modules market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Industrial Cellular Routers: Encouraging Communication in Isolated and Dangerous Settings
Traditional wired networks are no longer the only way to connect in the modern digital era. Robust, dependable, and secure communication solutions are essential for industries operating in distant or harsh areas in order to connect their vital assets and provide real-time data sharing. The industrial cellular router is a type of customized networking equipment that can be used in industrial environments where cable infrastructure may not be available or is impractical.
An Industrial Cellular Router: What Is It? A ruggedized networking device called an industrial cellular router uses cellular networks to provide wide-area connection for industrial applications. Industrial cellular routers use cellular technology (3G, 4G, and increasingly 5G) to transfer data wirelessly over great distances, in contrast to typical routers that depend on physical connections. They are designed especially to endure the harsh conditions found in industrial settings, such as high humidity, high temperatures, vibration, and electromagnetic interference.
Features and Functionalities: The following are some of the main features and functions of industrial cellular routers:
Wireless Connectivity: Reliable wireless communication is made possible by industrial cellular routers, which enable cellular network communication between industrial systems and equipment. They are compatible with multiple carriers and areas because they support a range of cellular standards and frequencies.
Secure Communication: Security is paramount in industrial applications, especially when transmitting sensitive data over public cellular networks. To secure data and defend against cyber threats, industrial cellular routers use virtual private networks (VPNs), firewalls, and sophisticated encryption techniques.
Remote Management: An administrator may monitor, configure, and troubleshoot devices from a central location with the help of several industrial cellular routers' remote management features. Industrial network implementation, maintenance, and optimization are made easier by this remote management feature.
Redundancy and Failover: Industrial cellular routers may provide redundancy and failover capabilities to guarantee constant connectivity and reduce downtime. In the event of a network outage or disturbance, they can immediately switch between the primary and backup cellular networks or use other communication channels.
Importance in Business Environments: Industrial cellular routers are essential in many different industrial domains, such as:
Oil and Gas: Industrial cellular routers provide for real-time monitoring of production processes, equipment health, and environmental conditions in remote oil and gas fields or offshore platforms. This promotes proactive maintenance and operational efficiency.
Utilities: Industrial cellular routers offer connectivity for remote monitoring, control, and optimization of essential infrastructure in utilities like water treatment plants, electrical substations, and renewable energy installations. This increases dependability and resilience.
Transportation and Logistics: By sending location data, sensor readings, and telemetry information over cellular networks, industrial cellular routers facilitate supply chain visibility, fleet management, and vehicle tracking in transportation and logistics operations.
Manufacturing: Machine-to-machine (M2M) communication in manufacturing facilities is supported by industrial cellular routers, which facilitate the smooth integration of robotic automation, inventory management systems, and production systems.
In summary: For enabling connectivity in remote, difficult, and mission-critical industrial environments, industrial cellular routers are essential equipment. Because of their capacity to deliver dependable, secure, and robust wireless communication, industries are able to maximize operations, maintain a competitive edge in an increasingly interconnected world, and reap the benefits of digital transformation. Organizations in a variety of industrial industries can improve efficiency, spur innovation, and close communication gaps by utilizing industrial cellular routers.
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MVNO Market Set to Soar: Estimated Worth of $81.42 Billion in 2024, Projected to Reach $167.7 Billion by 2034
The MVNO market is expected to be worth US$ 81.42 billion in 2024. The industry is anticipated to reach a valuation of US$ 167.7 billion by 2034, rising at a CAGR of 7.5% over the forecast period. The mobile virtual network operator industry is expanding globally due to the rising demand for personalized mobile services and competitive regulations. The rise in the Internet of Things applications with technological developments is also contributing to the market’s growth.
Mobile virtual network operators cater to new and existing clients by targeting a certain demographic, selling, and branding their wireless services separately. Cloud-based solutions, virtual conventions, and the shift by organizations toward remote work increase collaboration and connectivity, driving demand for network brands and cellular plans that facilitate secure data management and remote operation.
The MVNO market is expected to grow over the forecast period due to the rising demand for services such as cloud computing, mobile money, and machine-to-machine (M2M) transactions. The adoption of e-SIM is anticipated to expand the reach of the MVNO market. The e-SIM provides MVNO vendors with convenience and flexibility through the remote provisioning standards developed by the GSMA.
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“The telecommunication industry is evolving, leading to a rise in niche markets and innovative business models. This trend is expected to expand the mobile virtual network operator (MVNO) sector, with partnerships between MVNOs and carriers becoming more common. Technological advancements and regulatory changes are further diversifying the market, presenting opportunities for innovation and growth,” says an analyst at FMI.
Key Takeaways from the MVNO Market
The United States MVNO industry is projected to experience a sluggish CAGR of 4.4% through 2034.
Germany’s mobile virtual network operator market is expected to demonstrate a rapid CAGR of 7.0% through 2034.
The Japanese mobile virtual network operator market is anticipated to witness a promising CAGR of 8.7% through 2034.
Australia’s market showcases an impressive CAGR of 11.0% through 2034.
China’s MVNO market is expected to display a CAGR of 8.0% through 2034.
Competitive Landscape of the MVNO Market
The expansion of the MVNO market is due to the rise in innovative business models and the evolving mobile industry. With the growing demand for adaptable and personalized mobile services, partnerships between MVNOs and established carriers are likely to become more prevalent.
As 5G and other technological advancements continue to develop, generating new avenues for MVNOs to provide improved and unique services. Furthermore, regulatory changes may also impact the dynamics of the sector, promoting market expansion and competition. The MVNO market is well-positioned to continue changing and diversifying in response to changing customer needs and market trends. There are many ventures for innovation and growth in the MVNO industry.
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Key Segments
By Type:
Firstly, Business
Secondly, Discount
Next, M2M
Additionally, Media
Moreover, Migrant
Furthermore, Retail
In addition, Roaming
Lastly, Telecom
By Operational Model:
On the other hand, Brand Reseller
Conversely, Service Provider
Meanwhile, Full MVNO
By Subscribers:
To begin with, Business
In contrast, Consumer
By Region:
Primarily, North America
Subsequently, Europe
Likewise, Asia Pacific
Consequently, Middle East and Africa (MEA)
Lastly, South America
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What is Internet of Things: The Evolution
What is Internet of Things: The Evolution
The Internet of Things (IoT) has emerged as a transformative force, connecting billions of devices and enabling seamless communication and data exchange across various domains, including smart homes, healthcare, transportation, and industrial automation. But what exactly is the Internet of Things, and how has it evolved over the years?
At its core, the Internet of Things refers to the network of physical objects embedded with sensors, actuators, and other connected technologies that collect and exchange data over the internet. These "smart" devices can range from everyday objects like thermostats and light bulbs to complex industrial machinery and vehicles, each contributing to a vast ecosystem of interconnected devices and systems.
The evolution of the Internet of Things can be traced back to the early days of machine-to-machine (M2M) communication and industrial automation, where sensors and actuators were used to monitor and control physical processes in manufacturing plants and utility grids. However, with advancements in wireless networking, sensor technology, and cloud computing, the scope and scale of IoT deployments have expanded dramatically.
Today, IoT devices are ubiquitous, permeating every aspect of our lives, from smart homes and wearable devices to connected cars and smart cities. These devices collect a wealth of data about our environment, behaviors, and interactions, which can be analyzed and used to drive insights, automate processes, and improve decision-making in various industries and sectors.
In the consumer space, IoT devices like smart thermostats, fitness trackers, and voice-activated assistants have become mainstream, offering convenience, efficiency, and personalized experiences to users. In healthcare, IoT-enabled medical devices and remote monitoring systems are revolutionizing patient care, enabling real-time monitoring, diagnosis, and treatment outside traditional healthcare settings.
In industrial settings, IoT technologies are driving digital transformation initiatives, optimizing operations, increasing efficiency, and enabling predictive maintenance and asset management strategies. From smart factories and connected supply chains to agricultural IoT solutions and energy management systems, the potential applications of IoT are virtually limitless.
Looking ahead, the Internet of Things is poised to continue its rapid evolution, fueled by advancements in artificial intelligence, edge computing, and 5G connectivity. As more devices become connected and intelligent, the IoT will play an increasingly central role in shaping the future of technology and society, driving innovation, efficiency, and sustainability across the globe.
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Seizing Opportunities in the Expansive Wireless Testing Market
Overview and Scope Wireless testing refers to a process that evaluates electrical products that are intended to be operated without wires and tests their ability to connect with other devices and networks and perform operational tasks using the connection. It is used to ensure wireless products connect and interoperate with each other.
Sizing and Forecast The wireless testing market size has grown strongly in recent years. It will grow from $13.22 billion in 2023 to $14.24 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increased complexity in wireless networks, increased demand for faster time-to-market, globalization and market competition, emergence of m2m communication, wi-fi standard advancements..
The wireless testing market size is expected to see strong growth in the next few years. It will grow to $19.68 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to shift towards software-defined networking (sdn), edge computing testing needs, industry-specific testing demands, connected vehicle testing, increasing focus on quality of service (qos).. Major trends in the forecast period include 5g network rollout, iot expansion, connected devices proliferation, emergence of wi-fi 6 and wi-fi 6e, telecommunication standards evolution..
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Segmentation & Regional Insights The wireless testing market covered in this report is segmented –
1) By Offering: Equipment, Services 2) By Connectivity Technology: Wi-Fi, Bluetooth, 2G/3G, 4G/LTE, 5G 3) By Application: Consumer Electronics, Automotive, IT and Telecommunication, Energy and Power, Medical Devices, Aerospace and Defense, Industrial, Other Applications
North America was the largest region in the wireless testing market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth The development and deployment of the 5G network is a major driver propelling the growth of the wireless testing market. 5G is the 5th generation mobile network, which delivers higher multi-Gbps peak data speeds, ultra-low latency, more reliability, massive network capacity, increased availability, and a more consistent user experience to more users. 5G networks allow wireless devices' tosmooth and latency-free operation, thus driving demand for wireless testing. For instance, in August 2022, an Indian telecommunications company, Airtel, signed 5G network agreements with Ericsson, Nokia, and Samsung to deploy 5G networks in India. Therefore, the development and deployment of the 5G network will continue to drive the growth of the wireless testing market.
Key Industry Players Major companies operating in the wireless testing market report are SGS Group, Anritsu Corporation, Bureau Veritas S.A., DEKRA SE, Rohde & Schwarz GmbH & Co KG, Intertek Group plc, TUV Rheinland Group, Viavi Solutions Inc., Electro Magnetic Test Inc., EXFO Inc., BluFlux LLC, Spirent Communications plc, Eurofins Scientific SE, Spirent Communications plc, Keysight Technologies Inc., National Instruments Corporation, Cobham Wireless Limited, Teradyne Inc., Intelligraphics Inc., CTIA - The Wireless Association, Octoscope Inc., Wireless Telecom Group Inc., RedMango Analytics Inc., CETECOM GmbH, Global Wireless Solutions Inc., Elma Electronic AG, PCTEST Engineering Laboratory Inc., TestingHouse, DEWESoft d.o.o., Metricell Ltd.
The wireless testing market report table of contents includes: 1. Executive Summary 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis . . . 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis
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Satellite & Telecommunication Resellers Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033
The satellite & telecommunication resellers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Satellite & Telecommunication Resellers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The satellite & telecommunication resellers market size has grown strongly in recent years. It will grow from $324.09 billion in 2023 to $341.22 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to growing global connectivity, increasing data consumption, emerging markets, government initiatives and policies, space exploration.
The satellite & telecommunication resellers market size is expected to see strong growth in the next few years. It will grow to $432.54 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to expansion of low earth orbit (leo) constellations, 5g integration, cybersecurity focus, globalization of markets. Major trends in the forecast period include rise of low earth orbit (leo) constellations, satellite internet services, iot and m2m connectivity, diversification of service offerings.
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The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers - Governments around the world are increasingly investing in developing smart cities. The European Union is actively promoting smart city initiatives, with funds for research and sustainability targets for member states. The concept of smart cities is also rising in developing nations. In China and India alone, almost 300 smart city pilots are currently planned. These projects will require state-of-the-art telecoms networks. This will act as a major driver of the growth of the satellite and telecommunication resellers market going forward.
The satellite & telecommunication resellers market covered in this report is segmented –
1) By Type: Telecommunication Resellers, Satellite Telecommunications, Other Satellite & Telecommunication Resellers 2) By Component: Equipment, Services 2) By End-Use: Residential, Commercial
Subsegments Covered: Wireless Telecommunication Resellers, Wired Telecommunication Resellers
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Regional Insights - Western Europe was the largest region in satellite & telecommunication resellers market in 2023. Asia-Pacific was the second largest region in satellite & telecommunication resellers market. The regions covered in the satellite & telecommunication resellers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies - Major companies operating in the satellite & telecommunication resellers market include Tata Consultancy Services Limited, Nippon Telegraph and Telephone Corporation, Telefonaktiebolaget LM Ericsson, Cisco Systems Inc., Infosys Limited, SES SA, Intelsat SA, Hughes Network Systems LLC, Eutelsat SA, Arqiva Limited, Telesat Canada, Speedcast International Limited, Telespazio SpA, Encompass Digital Media Inc., Hispasat SA, Globecast SA, Liquid Intelligent Technologies Limited, Russian Satellite Communications Company, Telstra Group Limited, Measat Global Berhad, Thaicom Public Company Limited, Emirates Integrated Telecommunications Company PJSC, Gazprom Space Systems Joint Stock Company, Viasat Inc., Cobham Limited, Gilat Satellite Networks Ltd., Inmarsat Global Limited, Iridium Communications Inc., Globalstar Inc., Thuraya Telecommunications Company.
Table of Contents 1. Executive Summary 2. Satellite & Telecommunication Resellers Market Report Structure 3. Satellite & Telecommunication Resellers Market Trends And Strategies 4. Satellite & Telecommunication Resellers Market – Macro Economic Scenario 5. Satellite & Telecommunication Resellers Market Size And Growth ….. 27. Satellite & Telecommunication Resellers Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Explore the Industrial Ethernet Market Dynamics and Segmentation Analysis
The global industrial ethernet market size is projected to grow from USD 11.0 billion in 2023 to USD 15.8 billion by 2028; it is expected to record atCAGR of 7.5% during the forecast period.
Asia Pacific is currently the largest manufacturing hub for automobile and electronic companies. To compete with other global players, the industrial ethernet companies in Asia Pacific use advanced automation systems, which require highly reliable communication networks that can help in machine-to-machine (M2M) communication in the plants.
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Industrial Ethernet Market Dynamics: Driver: Increasing initiatives by governments of developing countries to promote adoption of industrial automation The governments of developing countries worldwide are supporting the development of various industries to achieve holistic growth. This has led to an increase in the adoption of various automation and communication components and technologies for the structural development of industries. Governments are highly focused on the process and discrete industries. For instance, the Government of Singapore has partnered with various associations, such as the Singapore Food Manufacturing Association (SFMA) and the Food Innovation Resource Centre, to implement the latest automation solutions, including SCADA, PLC, DCS, robots, and cables, in the food & beverage industry.
The Government of Malaysia introduced a 200% automation capital allowance (ACA) in its 2015 budget to encourage labor-intensive manufacturing industries, such as textile, rubber, and plastics, to adopt the latest automation technologies to improve their overall productivity. Under ACA, the government writes off capital expenditure for manufacturing companies within 3 years (an initial allowance of 40% and an annual allowance of 20%).
India is one of the emerging countries with a fast-growing manufacturing sector. The formulation of the National Manufacturing Policy (NMP) by the central government has increased the development of its manufacturing sector. The government has also launched the Make in India policy to encourage companies to implement automation processes in their manufacturing plants. Thus, the measures taken by the governments to support the adoption of industrial control and factory automation are expected to fuel the growth of the market during the forecast period.
Restraint: Absence of standardization in industrial communication protocols and interfaces Industrial equipment or devices communicate through various interfaces, technologies, and protocols. The absence of standardization in these communication interfaces and protocols might result in the misrepresentation of data. It also can complicate the integration of systems and hinder the use of plug-and-play features for unrelated systems. This is one of the major restraints for the industrial ethernet market in coming years.
Opportunity: Emergence of 5G to create lucrative opportunities for market players Industrial communication is a vital element of Industry 4.0. The demand for 5G technology is growing in the manufacturing industry, as 5G helps to overcome the shortcomings of other wireless systems. With the onset of 5G technology, the manufacturing industry will experience a major transformation. With the increasing demand of 5G the demand for industrial ethernet will also increase.
Challenge: Harsh field site conditions-high-voltage transients, severe shocks and vibrations, and extremely high temperatures Industrial Ethernet devices are deployed in remote field locations which are prone to the effects of unfavorable and harsh conditions, such as high-voltage transients, shocks and vibrations, and extremely high temperatures. High voltage transients result from electrostatic discharge (ESD), bursts, electrical fast transients (EFT), and lightning strikes. These are a few challenges faced in industrial ethernet technology deployment. Therefore, there is a requirement for robust industrial communication equipment to withstand harsh conditions.
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Machine-to-machine (M2M) Connections Market by Technology (Wired, Wireless), End-user Industry (Automotive & Transportation, Utilities, Security & Surveillance, Healthcare, Retail, Consumer Electronics) and Region
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Industrial WLAN Market - Forecast(2024 - 2030)
Industrial WLAN Market Overview:
Industrial WLAN Market size is estimated to reach $1.8 billion by 2030, growing at a CAGR of 13.4% over the forecast period 2024-2030. Increasing demand for connected factories, smart cities, and smart utilities to provide seamless networking among associated machines and systems is set to drive the market. Increasing adoption of high-speed Machine-to-Machine (M2M) communication to transmit data between connected devices for real-time monitoring and controlling has stimulated market growth.
The rising adoption of wireless location appliances for critical applications, such as high-value asset tracking within WLAN infrastructure, has provided a cost-effective and high-resolution location solution. This advancement has addressed the needs of industries seeking streamlined solutions for asset management and tracking. The shift towards wireless communication over traditional wired connections has been a game-changer, aiming to extend the machines' lifecycle through effective predictive maintenance strategies. As a result, the demand for Wireless Local Area Networks (WLANs) has gained substantial traction across sectors, enabling businesses to optimize operations, enhance asset tracking, and remotely monitor and control machinery, ultimately improving productivity and operational efficiency. This trend is expected to continue propelling the Industrial WLAN Market's growth as more industries recognize its potential benefits.
Industrial WLAN Market - Report Coverage:
The “Industrial WLAN Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Industrial WLAN market.
Attribute
Segment
By Offering
Hardware (Wireless access points (WAP),Router, WLAN controllers, Network Interface Card(NIC),wireless bridges, wireless clients, others)
Software
Services (network design, deployment & upgradation, support & maintenance, others).
By Technology
802.11 a/b/g,
802.11 n (WIFI 4),
802.11 ac (WIFI 5),
802.11 ax (WIFI 6)
By Deployment
On-Premise
Cloud
By Industry Vertical
Automotive
General Manufacturing
Aerospace & defence
Chemical
Oil & gas
Agriculture
Education
Food & beverage
Pharmaceuticals
Logistics & Transportation
Retail & e-commerce
Power
Utilities
Government & public sector
Others
By Application
Supply chain management
Emergency and incident management
Predictive maintenance
Asset Tracking & Management
Condition Monitoring
Industrial Communication
Industrial Process Control & Discrete Control
Security & Surveillance
Precision Agriculture
Others
By Geography
North America (U.S., Canada and Mexico)
Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),
Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),
South America (Brazil, Argentina, Chile, Colombia and Rest of South America)
Rest of the World (Middle East and Africa).
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COVID-19 / Russai-Ukraine Crisis - Impact Analysis:
• Due to the global economic crisis caused by the Ukraine crisis has caused supply chain disruptions, which have driven inflation to the highest levels in three decades. The conflict has also strained ties between countries that were already under pressure due to the pandemic. The pandemic has sparked debate on the future of globalization, with nations trading with few barriers and focusing on the industries and services they do best. The global pandemic and Russia’s unprovoked invasion of Ukraine have further impacted globalization.
Key Takeaways:
• North American region held the largest share in global industrial WLAN market
Geographically, North America held the largest market share 34% in the global WLAN market in 2023. Increased demand for broadband connectivity, expansion of enterprises, and use of enterprise WLAN by small and medium-sized enterprises in the North American region is driving the North American market.
• WIFI6 (802.11ax) Revolutionizing Connectivity in the Network Infrastructure Market
The continuous expansion of network infrastructure, driven by the ever-growing demand for high-speed internet, is poised to have a profoundly positive impact on the market. The introduction of the latest wireless standard, WIFI6 (802.11ax), is a game-changer. This technology promises not only lightning-fast connectivity but also improved efficiency in managing multiple devices simultaneously. As businesses and consumers increasingly rely on bandwidth-intensive applications, the adoption of WIFI6 is set to elevate user experiences and bolster productivity, making it a pivotal driver of market growth.
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Industrial WLAN Market Segment Analysis – By Offering
By offering, the industrial WLAN Market has been segmented under hardware, software, and services. WLAN hardware will remain the largest region, with a market share of 65% by 2030, increasing demand for wireless infrastructure in various industry verticals to enable high-speed M2M communication with optimized computational power are the prime drivers of this market. Wireless access point is estimated to witness the highest growth with a CAGR of 4% during 2024-2030. Wireless APs are analyzed to be the ideal solutions for bandwidth-consuming real-time data transmission applications in manufacturing industries, utility facilities, transportation, and logistics sectors owing to its low latency, reliability, scalability, and such advanced capabilities are anticipated to drive the market. In August 2020, NETGEAR Inc. announced the launch of WiFI6 access points featuring higher speed, increased bandwidth, and improved computation efficiency. Such technological advancements are analysed to boost the market during 2021-2026
• Automation and IoT Fuelling Industrial WLAN Market Growth
The surging demand for automation and Internet of Things (IoT) technologies is reshaping industries. These transformative technologies rely heavily on dependable wireless connectivity, propelling the expansion of the Industrial WLAN market. As businesses strive for greater efficiency and data-driven decision-making, the need for robust and reliable wireless networks has never been more crucial. Industrial WLAN solutions provide the backbone for seamless integration and operation of automation and IoT systems, positioning them as a pivotal driver of growth in this dynamic market.
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• Bandwidth Challenges and Invisible Issues Pose Hurdles for WLAN Market
The WLAN market is poised to face significant hurdles in the form of bandwidth constraints and less conspicuous, yet equally crucial, issues. With the ever-growing demand for data-intensive applications and IoT devices, bandwidth limitations can hinder network performance and user experiences. Additionally, less apparent concerns such as security, network management, and interference mitigation must be addressed effectively. Overcoming these obstacles will be essential to sustaining the growth and competitiveness of the WLAN market as it evolves to meet the demands of the digital age.
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Industrial WLAN Market. The top 10 companies in this industry are listed below:
1. Commscope Inc.
2. D-Link Corporation
3. Dell Technologies Inc.
4. Huawei Technologies Co. Ltd.
5. Juniper Networks Inc.
6. Cisco Systems Inc.
7. Alcatel Lucent Enterprises (ALE International)
8. Aruba Networks (Hewlett Packard Enterprise Development LP)
9. Moxa
10. Aerohive Networks Ltd.
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Scope of the Report:
Report Metric
Details
Base Year Considered
2023
Forecast Period
2024–2030
CAGR
13.4%
Market Size in 2030
$1.8 billion
Segments Covered
By Offering, By Technology, By Deployment, By Industry Vertical and Region
Geographies Covered
North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).
Key Market Players
1. Commscope Inc.
2. D-Link Corporation
3. Dell Technologies Inc.
4. Huawei Technologies Co. Ltd.
5. Juniper Networks Inc.
6. Cisco Systems Inc.
7. Alcatel Lucent Enterprises (ALE International)
8. Aruba Networks (Hewlett Packard Enterprise Development LP)
9. Moxa.
10. Aerohive Networks Ltd.
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