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Global next-gen wireless networking market: 8% CAGR between 2012-2016

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Global Next Generation High Speed Wireless Networking Market 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-05 09:29:03
The Global Next-generation High-speed Wireless Networking market is to grow at a CAGR of 7.94 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased adoption of HSPA technology. The Global Next-generation High-speed Wireless Networking market has also been witnessing an increase in the deployment of LTE networks. However, the selection of the right technology for network upgradation could pose a challenge to the growth of this market.

The increasing deployment of LTE networks is one of the emerging trends in the Global Next-generation High-speed Wireless Networking market. The growing demand for higher bandwidth has led service providers to increasingly invest in LTE networks. The service providers in developed economies such as the US, Japan, Germany etc. have already deployed LTE networks. However, a high deployment of LTE is expected in the APAC region especially in China and India in the coming years. Indeed, LTE adoption is expected to increase significantly across all geographies in the coming years.

The exponential growth in network traffic is one of the major drivers in the Global Next-generation High-speed Wireless Networking market. There has been increased usage of heavy-bandwidth services such as mobile internet games and video streaming across all geographies. Hence, for efficient accessibility to data-intensive applications it has become very important for service providers to ensure network scalability which can support such services by offering adequate bandwidth. Hence service providers are increasingly investing in next-generation wireless networks which are highly scalable and provide improved network efficiency.

The key vendors dominating this space are Alcatel-Lucent, Ericsson Inc., Huawei Technologies Co. Ltd., and Nokia Siemens Networks. The other vendors mentioned in the report are Samsung Group, Cisco Systems Inc., ZTE Corp., Nortel Networks Corp., Airspan Networks Inc., Alvarion Ltd., Datan Mobile Communications Equipment Company Ltd., Fujitsu Ltd., Genband Inc., HP Co., NEC Corp., NewNet Communication Technologies, Proxim Wireless Corp., Redline Communications, UTStarcom Inc., and Brocade Communications Systems Inc.

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