Broadband Wireless Access Market Size & Analysis - Forecasts To 2025 By Technology (WCDMA, LMDS, MMDS, WiMax, GPRS, LTE, Others); By Application (Residential, Office Spaces, Retail, Healthcare, Aerospace & Defence, Educational Institutes, Hospitality, Others); By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa); End-Use Landscape; Vendor Landscape and Market Share & Competitor Analysis - Global Market Estimates
Broadband Wireless Access Market Insights
The global broadband wireless access market is expected to grow at a significant CAGR over the coming years. Factors such as easy access to customers, faster rollouts, wider reach of service, and mobility to customers are likely to boost the market growth over the forecast period.
Wireless broadband access technologies are high-speed wireless access services used by businesses to build metropolitan area networks or gain Internet access. These technologies are used in several applications including providing internet access for businesses, MTUs & households along with private LAN bridging in metro areas.
The demand for broadband wireless services is projected to grow rapidly over the forecast period, due to the advent of new technology including WiMax, LTE, and Wi-Fi among others. However, the high cost of wireless Broadband services coupled with coverage challenges in rural areas is anticipated to hamper the market growth over the projected period.
Broadband Wireless Access Market: Technology Insights
The global broadband wireless access market is segmented into WCDMA, LMDS, MMDS, WiMax, GPRS, and LTE among others.
The demand for WiMax is anticipated to grow rapidly over the coming years followed by technologies including GPRS and LTE. Factors such as high speed voice & data transfer coupled with higher coverage range and cost efficiency are likely to boost the segment growth over the forecast period.
The demand for LMDS and MMDS is likely to remain stagnant over the coming years owing to the new and advanced upcoming technologies.
Broadband Wireless Access Market Insights: Application Insights
Broadband wireless access is extensively used across a large number of industry verticals including residential, office spaces, retail, healthcare, aerospace & defense, educational institutes, and hospitality among others.
Broadband wireless access and communications are rapidly transforming the healthcare industry. High-speed networks aid hospitals, medical centers, and healthcare systems to overcome some of their most serious challenges including connectivity issues.
Broadband Wireless Access Market Insights: Regional Insights
North America is anticipated to grow at a flourishing rate over the forecast period. This growth is mainly due to the presence of growing number of industries coupled with expanding customer base and rapid adoption of technology solutions. The regional growth can also be attributed to the favorable government initiatives taken by the U.S. government, to stimulate broadband adoption, with an emphasis on wireless broadband.
Asia Pacific is also expected to grow at a healthy CAGR over the forecast period followed by Europe. Factors such as growing demand for wireless broadband connections in industries coupled with increased use of smart phones and related devices are likely to boost the regional growth over the forecast period.
Broadband Wireless Access Market Insights: End-Use Landscape
The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global broadband wireless access market. The major consumers of the product are Tesco PLC, Cigna, and Medtronic among others.
Broadband Wireless Access Market Insights: Market Share & Competitor Analysis
Some of the leading players profiled in the global broadband wireless access market include China Telecom Corp.Ltd., China Unicom, XFINITY, AT&T, Deutsche Telecom, Cox Communications, Verizon, Charter Communications and Cable One among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In May 2017, Charter Communications partnered with Comcast Corp. to jointly work on their wireless services businesses.
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The global Broadband Wireless Access Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Broadband Wireless Access Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.
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