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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Market players in multefire market are developing and manufacturing MulteFire-compatible equipment, including small cells, routers, and other network infrastructure components necessary for deploying MulteFire networks
Qualcomm Incorporated, established in 1985 in California, United States, specialises in processors, modems, and mobile communications technologies spanning 3G, 4G, and 5G.
Nokia Corporation, founded in 1865 in Espoo, Finland, focuses on network infrastructure, software, and services for both fixed and mobile telecommunications networks.
Huawei Technologies Co., Ltd., originating in 1987 in Guangdong, China, is known for telecommunications equipment, smartphones, tablet computers, and smartwatches.
Samsung Electronics Co., Ltd., with roots dating back to 1969 in Suwon, South Korea, produces a diverse range of products including smartphones (Galaxy series), tablets, TVs, refrigerators, washing machines, and air conditioners.
Other market players include Telefonaktiebolaget LM Ericsson and BaiCells Technologies, among others.
Multefire Market Report Snapshots
Multefire Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 12.82 billion.
The market is projected to grow at a CAGR of 35% between 2024 and 2032.
The major drivers of the market include the growing preference for high-capacity and easy-to-install wireless connectivity networks, deployment of 5G networks, 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 trends propelling the market’s growth.
The major regions in the market 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 in the global multefire market include small cells, switches, and controllers.
The end uses include industrial manufacturing, transportation, commercial, healthcare, public venues, hospitality, power generation, and oil and gas, and mining, among others.
The major players in the market are Qualcomm Incorporated, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., and BaiCells Technologies, among others.
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