July 02, 2021
According to the recent research report titled ‘Europe In-building Wireless Market Size By Deployment, By Component, By End-user, Research Report, Country Outlook, Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026’, available with Market Study Report, Europe in-building wireless market is expected to be worth USD 4 billion by the year 2026.
Surging demand for wider and efficient wireless communication systems is primarily propelling Europe in-building wireless market growth.
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With various breakthroughs, many real-estate developers are opting for high-quality components in their buildings, such as steel-reinforced floors and low-emission glass windows and doors. However, employing these components leads to network issues for those dwelling inside these structures. Thus, small cell base stations are now being used by builders to improve network connectivity within the structures.
Based on component type, distributed antenna system (DAS) segment held over 70% of Europe in-building wireless industry share in 2019 and is expected grow substantially through 2026, creditable to mounting demand to install these systems in crowded areas like hospitals, shopping malls, and airports. These areas require a high-speed network to stay connected to get regular updates. Government bodies are also introducing laws to encourage the deployment of DAS in smart cities to improve network connectivity, contributing to the segmental expansion.
Meanwhile, small cell segment is slated to gain momentum over the coming years, owing to their affordability and convenience as compared to macro-cell systems.
As per deployment type, urban segment is anticipated to record considerable growth over the study period, due to rapid migration leading to increasing application of in-building wireless infrastructure. The urban population uses internet services at a far higher rate than the rural population boosting product demand.
Moving on to end user scope, Europe in-building wireless market share from commercial sector is projected to raise considerably through 2026, attributable to commercial building owners opting for wireless network systems to attract more customers.
While, healthcare segment is reckoned to generate high revenues over 2021-2026, owing to demand for high-quality network coverage in hospitals and clinics to communicate with staff members and get health updates of their patients.
Major contenders impacting Europe in-building wireless industry trends are Samsung Group, Nokia Corporation, NEC Corporation, Huawei Technologies Co. Ltd., Fujitsu Ltd., Telefonaktiebolaget LM Ericsson, Corning Incorporated, CommScope Inc., Comba Telecom Systems Holdings Ltd., Bravo Tech Inc. (Juniper Networks Inc.), Bird Technologies Group Inc., and Accelleran N.V.