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Global MulteFire Market: By Equipment Type: Small Cells, Switches, Controllers; By End Use: Industrial Manufacturing, Transportation, Commercial, Healthcare, Public Venues, Hospitality, Power Generation, Oil & Gas and Mining; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global MulteFire Market Outlook
The global multefire market is projected to attain nearly USD 2.12 billion by 2026, growing at a CAGR of 35% over the forecast period of 2023-2028. The global multefire market is being driven by the growing demand for scalable and improved connectivity in industrial IoT coupled with the advancements in technology.
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Market Segmentation
MulteFire is an LTE-based technology that operates standalone in unlicensed and shared spectrum, including the global 5 GHz band. It supports private LTE and neutral host deployment models.
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The global multefire market can be broadly categorised based on its equipment type, end-use, and region.
- Equipment Type:
- Small Cells
- Switches
- Controllers
- End-Use:
- Industrial Manufacturing
- Transportation
- Commercial
- Healthcare
- Public Venues
- Hospitality
- Power Generation
- Oil and Gas and Mining
- Others
The EMR report looks into the regional multefire markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Global MulteFire Market Analysis
One of the major factors accelerating the industry growth is the rising need for more scalable and enhanced network connectivity for industrial IoT (IIoT) applications, coupled with the growing preference for high-capacity and easy-to-install wireless connectivity networks. With the advancement in technology, the deployment of the 5G network has increased, which will further aid the multefire market. Moreover, several initiatives taken by multefire alliance to enhance business and provide substantial growth opportunities to players is expected to drive the growth of the multefire market over the forecast period.
The small cells segment, among other equipment types, is expected to show the highest growth rate over the forecast period due to the growing demand for reliable and private networks based on unlicensed and shared frequencies. Region-wise, North America is expected to lead the global multefire market over the forecast period owing to the initiatives of the MulteFire Alliance in the region, aiming to explore opportunities in developing LTE technologies available in the unlicensed band for various applications.
Global MulteFire Market: Competitive Landscape
The report presents a detailed analysis of the following key players in the global multefire market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Qualcomm Incorporated
- Nokia Corporation
- Telefonaktiebolaget LM Ericsson
- Huawei Technologies Co., Ltd.
- Samsung Electronics Co., Ltd.
- BaiCells Technologies
- Others
The EMR report gives an in-depth insight into the multefire market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Equipment Type, End Use, Region |
| Breakup by Equipment Type | Small Cells, Switches, Controllers |
| Breakup by End Use | Industrial Manufacturing, Transportation, Commercial, Healthcare, Public Venues, Hospitality, Power Generation, Oil & Gas and Mining, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Qualcomm Incorporated, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., BaiCells Technologies, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global MulteFire Market Analysis
8.1 Key Industry Highlights
8.2 Global MulteFire Historical Market (2018-2022)
8.3 Global MulteFire Market Forecast (2023-2028)
8.4 Global MulteFire Market by Equipment Type
8.4.1 Small Cells
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Switches
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Controllers
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global MulteFire Market by End Use
8.5.1 Industrial Manufacturing
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Transportation
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Commercial
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Healthcare
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Public Venues
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Hospitality
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Power Generation
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.5.8 Oil & Gas and Mining
8.5.8.1 Market Share
8.5.8.2 Historical Trend (2018-2022)
8.5.8.3 Forecast Trend (2023-2028)
8.5.9 Others
8.6 Global MulteFire Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Qualcomm Incorporated
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Nokia Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Telefonaktiebolaget LM Ericsson
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Huawei Technologies Co., Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Samsung Electronics Co., Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 BaiCells Technologies
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global MulteFire Market: Key Industry Highlights, 2018 and 2028
2. Global MulteFire Historical Market: Breakup by Equipment Type (USD Billion), 2018-2022
3. Global MulteFire Market Forecast: Breakup by Equipment Type (USD Billion), 2023-2028
4. Global MulteFire Historical Market: Breakup by End Use (USD Billion), 2018-2022
5. Global MulteFire Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6. Global MulteFire Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global MulteFire Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America MulteFire Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe MulteFire Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific MulteFire Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America MulteFire Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa MulteFire Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global MulteFire Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 35% between 2023 and 2028.
The major drivers of the market include the growing preference for high-capacity and easy-to-install wireless connectivity networks, deployment of the 5G network, several initiatives taken by multefire alliance to enhance business, and growing demand for reliable and private networks.
Growing demand for scalable and improved connectivity in industrial IoT and advancements in technology are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, Middle East and Africa, Europe, and Asia Pacific with North America accounting for the largest share in the market.
The equipment types include small cells, switches, and controllers.
The end-uses include industrial manufacturing, transportation, commercial, healthcare, public venues, hospitality, power generation, oil and gas and mining, among others.
The major players in the industry are Qualcomm Incorporated, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., and BaiCells Technologies, among others.
Analyst Review
The global multefire market has been driven by the growing demand for scalable and improved connectivity in industrial IoT. Aided by growing preference for high-capacity and easy-to-install wireless connectivity networks and advancements in technology, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 35%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The equipment types include small cells, switches, and controllers. The end-uses include industrial manufacturing, transportation, commercial, healthcare, public venues, hospitality, power generation, oil and gas and mining, among others. The major regional markets for multefire market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa with North America accounting for the largest share in the market. The major players in the industry are Qualcomm Incorporated, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., and BaiCells Technologies, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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