North America In-Building Wireless Market Soars: 8.9% CAGR Propels Revenue to US$16,883.0 Million by 2033

North America In-building Wireless Market

The North American In-building Wireless Market has grown dramatically, with sales revenue expected to reach an amazing $6,693.6 million by 2022. Projections for the coming decade are as hopeful, with in-building wireless demand expected to grow at an 8.9% compound annual growth rate (CAGR).

This growing trend will see the market size increase from US$ 7,208.6 million in 2023 to a significant US$ 16,883.0 million by 2033. In-building Wireless (IBW) technology is the primary driver of this expansion, providing solutions for improving wireless connection within buildings and structures, particularly in areas with weak or no signal coverage.

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Similarly, increasing demand for high-speed data transmission and the emergence of 5G technologies are likely to further fuel the growth of the market. Besides this, rising demand for advanced wireless communication technologies such as Bluetooth, Wi-Fi, and Zigbee will foster market development.

Key Takeaways: North America In-building Wireless Market

  • By solution, hardware segment totaled a valuation of US$5 million in 2023 while network design software segment will thrive at 10.4% CAGR through 2033.
  • By business model, carrier model segment will reach a valuation of US$ 3,201.7 6038.7 million by 2033.
  • By end user, commercial segment dominates the market with a valuation of US$ 3,330.1 million in 2023.
  • The USA in-building wireless market valuation reached around US$ 5,376.7 million in 2023.
  • In-building wireless demand in Canada will surge at 4% CAGR through 2033.

“Rising demand for connected devices and growing adoption of Internet of Things (IoT) will boost North America in-building wireless market. Besides this, increasing demand for wireless connectivity in automobiles and other industrial applications will bode well for the market.” says a lead FMI analyst.

Widespread Adoption of Cloud-based Technologies Spurring Market Expansion

Cloud-based technologies have led to an increase in demand for wireless connectivity. With more businesses & individuals using cloud-based applications and services, there is a greater need for reliable & fast wireless connectivity to access these services.

This has resulted in a greater demand for in-building wireless systems that can provide seamless connectivity within buildings.

Further, cloud-based technologies provide businesses with greater scalability & flexibility. This means that businesses can quickly and easily scale their operations up or down as needed.

In-building wireless systems that are based on cloud technology provide same level of scalability and flexibility, making them an attractive option for businesses that are growing or changing.

Hence, adoption of cloud-based technologies will continue to drive growth in the in-building wireless market in North America. This is because businesses across North America continue to rely more heavily on cloud-based applications and services.

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More Valuable Insights on North America In-building Wireless Market

Future Market Insights, in its new report, offers an unbiased analysis of the North America in-building wireless market, analyzing historical demand from 2018 to 2022 and forecast statistics for 2023 & 2033.

The study reveals growth projections for the North America in-building wireless market based on solution (hardware, in-building wireless network design software, services), business model (carrier model, enterprise model, host model), and end user (commercial, Industrial, Public Sector) across North America.

North America In-building Wireless Market Segmentation

By Solution:

  • Hardware
    • Distributed Antenna System (DAS)
    • Small Cells
    • Repeaters
    • Antennas
    • Others
  • In-building Wireless Network Design Software
  • Services
    • Professional Services
    • Managed Services

By Business Model:

  • Carrier Model
  • Enterprise Model
  • Host Model

By End User:

  • Commercial
    • Education Campuses
    • Healthcare Facilities
    • Retail Complexes
    • Corporate & Business Parks
    • Warehouses/Distribution Facilities
    • Sports & Events Venues
    • Others
  • Industrial
    • Oil & Gas Plants
    • Power Plants
    • Water Utilities
    • Mining & Resources
    • Manufacturing Facilities/Plants
    • Others
  • Public Sector
    • Government Offices
    • Military Bases
    • Public Transportation Venues (Rail/Air/Sea)
    • Law Enforcement Agencies
    • Correctional Facilities
    • Others

By Country:

  • USA
  • Canada

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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