How Is In-Building Wireless System Importance and How Big Is the Market Size?

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Presentation transcript:

How Is In-Building Wireless System Importance and How Big Is the Market Size?

In-Building Wireless systems are the means of enhancing and distributing wireless connections inside the buildings and other infrastructures which enables wireless devices to operate. Day by day, the demand for wireless connectivity is growing. It is foreseen to create high market penetration into the enterprise networks, which is unlocking their performance and transforming the way they work. This solution is used to maintain connectivity inside the buildings where signals from the core infrastructure are not reachable. Based on end-users, it is categorized into government, hospitals, commercial, retail, institutions, industrial, and others. It is applicable for large, medium, and small building structures with well-equipped components comprising of antennas, cables, distributed antennas, amplifiers, microcells, and others. The rapid increase in data traffic, advancements in technology, and uptake of smartphones are driving the demand for In-Building wireless systems in the market. Market research companies have found out that the adoption of micro base stations and an increase in the number of large infrastructures and buildings across the globe are creating lucrative growth opportunities for this market. According to the market survey conducted by a leading market research firm, it was analyzed that high demand for skilled labors due to complexity in designing and installation is creating hindrance for the demand of this market.market research firm Primary reasons for the deployment of In-Building wireless systems include inadequate cellular indoor coverage supplied by external cell towers vendors. Significant increase in the penetration of In-Building wireless system is due to the need for higher data rates, rising adoption of BYOD concept, demand for lower-cost network infrastructure, and high demand for improved quality service. It creates an opportunity for new revenues and savings for the organization. According to research and analysis by a market research head, it is anticipated that the market size of In- Building wireless system will reach a value of USD16.71 Bn by 2020.