The Wireless Internet Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Wireless Internet Services Global Market Report 2024, The wireless internet services market size has grown steadily in recent years. It will grow from $667.14 billion in 2023 to $695.86 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to proliferation of mobile devices, 4g and 5g networks, internet of things (iot), mobile broadband, rural connectivity.
The wireless internet services market size is expected to see strong growth in the next few years. It will grow to $896.88 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to remote work and telehealth, industry 4.0, autonomous vehicles, smart cities, edge computing. Major trends in the forecast period include wi-fi 6 (802.11ax) adoption, satellite internet services, fixed wireless access (fwa), cloud gaming and streaming.
The government initiatives aiming at developing infrastructure is a key factor driving the growth of the wireless internet services market. With growing government initiatives and environmental campaigns taking center stage, technology providers and specialists have actively started simulating creative solutions based on technical modules for the design and growth of urban infrastructure in several regions. For instance, in India, the successful execution of smart city projects is heavily dependent on technologies such as data connectivity, cloud, mobility, and sensors, all shaping IoT together. Over the next 20 years, city governments in the United States alone will spend $41 trillion on infrastructure upgrades and IoT solutions. Most cities are considering using smart city technology, and over two-thirds of cities have actually made investments in it. The reality of smart cities will be further cemented by increased federal financing as well as solid relationships with local governments and private sector technology companies. Therefore, government initiatives for smart city projects is expected to drive the wireless internet services market growth.
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The wireless internet services market covered in this report is segmented –
1) By Type: Community Hotspots; Public Hotspots
2) By Application: Education; Financial Services; Healthcare; Hospitality; Retail; Telecom & IT; Transportation; Other Applications
3) By End User: Enterprises; Communication Service Provider And Network Operators; Government
The wireless internet services market report table of contents includes:
1. Executive Summary
2. Wireless Internet Services Market Characteristics
3. Wireless Internet Services Market Trends And Strategies
4. Wireless Internet Services Market – Macro Economic Scenario
5. Global Wireless Internet Services Market Size and Growth
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26. South America Wireless Internet Services Market
27. Brazil Wireless Internet Services Market
28. Middle East Wireless Internet Services Market
29. Africa Wireless Internet Services Market
30. Wireless Internet Services Market Competitive Landscape And Company Profiles
Top Major Players:
- Cisco Systems Inc
- Huawei Technologies Co.Ltd.
- ARRIS International LLC
- Aerohive Networks Inc
- Singapore Telecommunications Limited
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