The TV white space spectrum market is forecast to experience an explosive growth of 42.6% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 53.1 million in 2023 and USD 1.9 billion by 2033
The surging deployment of TVWS for wider connectivity to different non-line-of-sight places and the launch of low-power devices are projected to be instrumental in the evolution of the TVWS spectrum industry. Along with this, the ongoing market developments, including a stream of supportive government regulations to distribute unutilized spectrum to private players, are anticipated to fuel market expansion.
The growing significance of TVWS technology in smart grid applications is projected to fuel market development. Moreover, high penetration of super Wi-Fi to reach larger distances is expected to clock increased revenue.
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In the upcoming years, considerable opportunities to enable broadband Internet connectivity via unused TV spectrum are expected to foster market growth. However, factors like the non-commercialization of TV band white spaces and the susceptibility of extant TV bands to interference may interfere with the market growth.
Countries in South America and Africa are expected to display significant potential for market growth. The application of TVWS spectrum technology to assist emergency public safety operations is projected to augment market growth.
TV White Space Spectrum Market: Key Takeaways
- The United States TV white space spectrum industry is projected to generate a revenue of over USD 589.1 million by 2033. Meanwhile, the CAGR presumed by the regional industry, as estimated by FMI, is 41.3% CAGR.
- China follows the United States as the next leading market for the TV white space spectrum industry. The regional market of China is assessed to engender USD 151.9 million by 2033. Through 2033, the market is anticipated to expand at a CAGR of 43.5%.
- The Japanese TV white space spectrum industry is a key Asian market for the TV white space spectrum industry. FMI has estimated that the Japanese market is forecast to be worth USD 128.4 million by the end of the forecast period. As per predictions, the market is anticipated to expand at a CAGR of 41.9%.
- The United Kingdom’s TV white space spectrum industry is expected to be valued at USD 91.7 million by 2033. The market is expected to register a CAGR of 41.5% over the forecast period.
- The South Korean TV white space spectrum industry is projected to be worth USD 71.6 million by 2033. The market is expected to expand at a CAGR of 43.2% during the assessment period.
- The portable TV white space devices segment is projected to emerge as the leading device. Over the forthcoming years, the segment is expected to account for 42.5% CAGR.
- The rural internet access segment is expected to surface as the top end-use application. Over the forecast period, the segment is projected to expand at a CAGR of 42.4%.
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Key Players Active in the Market are
- Microsoft Corporation
- Carlson Wireless Technologies, Inc.
- Alphabet Inc.
- Adaptrum, Inc.
- Aviacomm Inc.
- ATDI S.A.
- Keybridge LLC
- KTS Wireless
- MELD Technology Inc.
- Metric Systems Corporation
- Spectrum Bridge, Inc.
- Shared Spectrum Company
- Ericsson
The Recent Important Developments in the Market
RADWIN, in April 2021, announced that Outland, its advanced TV White Space PtMP solution, is going to be commercially available. This solution is projected to complement its fixed wireless access portfolio. Outland is meant to assist service providers in connecting with unserved rural customers to the digital world, thus capitalizing on the durable Non-Line-of-Sight broadband wireless connectivity that has the potential to overcome foliage and terrain obstructions.
RED Technologies is a firm that concentrates on creating and operating dynamic spectrum-sharing solutions in the United Kingdom and the United States. The company revealed in March 2021 that it had gained approval as a Database Administrator of TV White Space (TVWS) from Innovation, Science, and Economic Development Canada (ISED). This is expected to involve the deployment of the CBRS SAS solution with Amdocs in the United States in mid-2020. The company was also rewarded with both FCC and Ofcom qualifications, required to run TVWS in the United Kingdom and the United States.
RED Technologies collaborated with Microsoft’s Airband initiative, revealed in February 2020 about the release of TVWS database service in the United States. With this development, the deployment of low-cost terrestrial wireless broadband internet is projected to be facilitated across the country.
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TV White Space Spectrum Market Segmentation
By Component:
- Radios
- Antennas
- Cables
- Power Supplies
- Backhaul and Services
By Software and Services:
- Software
- Services
By Device:
- Portable TV White Space Devices
- Fixed TV White Space Devices
By End-use Application:
- Rural Internet Access
- Urban Connectivity
- Emergency and Public Safety
- Smart Grid Networks
- Transportation and Logistics
- Vehicle Broadband Access
- IoT & M2M
By Range:
- Medium Range
- Low Range
- Very Long Range
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- The Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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