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Global Multefire Market Size, Share, Growth, Trends, Report: By Equipment Type: Small Cells, Switches, Controllers; By End Use: Industrial Manufacturing, Transportation, Commercial, Healthcare, Public Venues, Hospitality, Power Generation, Oil & Gas and Mining, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Multefire Market Size
The global multefire market reached approximately USD 12.82 billion in 2023. The market is projected to grow at a CAGR of 35% between 2024 and 2032.
Key Takeaways
- There is a significant push towards deploying private LTE and 5G networks using MulteFire, especially in industrial IoT sector.
- Key areas of innovations in the multefire market include improving spectrum efficiency and enhancing security features.
- Market players are engaged in regulatory advocacy for the use of unlicensed spectrum for LTE and 5G NR technologies.
MulteFire is an LTE-based technology that operates standalone in unlicensed and shared spectrum, including the global 5 GHz band and it supports private LTE and neutral host deployment models. MulteFire enables entities such as mobile network operators, enterprises, and industrial sectors to deploy their LTE-based solutions in unlicensed or shared spectrum, ensuring a reliable and secure high-speed wireless network.
One of the major factors driving the multefire market 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 market growth. Moreover, several initiatives taken by the multefire alliance to enhance business and provide substantial growth opportunities to players are expected to drive the growth of the market over the forecast period. MulteFire also offers advantages over traditional Wi-Fi networks, including improved mobility support and enhanced security features inherent to LTE which makes it an attractive option for applications requiring seamless mobility and high security.
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.
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 Opportunities and Challenges in the Market
8 Global MulteFire Market Analysis
8.1 Key Industry Highlights
8.2 Global MulteFire Historical Market (2018-2023)
8.3 Global MulteFire Market Forecast (2024-2032)
8.4 Global MulteFire Market by Equipment Type
8.4.1 Small Cells
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Switches
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Controllers
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global MulteFire Market by End Use
8.5.1 Industrial Manufacturing
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Transportation
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Commercial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Healthcare
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Public Venues
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Hospitality
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Power Generation
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Oil & Gas and Mining
8.5.8.1 Historical Trend (2018-2023)
8.5.8.2 Forecast Trend (2024-2032)
8.5.9 Others
8.6 Global MulteFire Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America MulteFire Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe MulteFire Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific MulteFire Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America MulteFire Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa MulteFire Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Qualcomm Incorporated
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Nokia Corporation
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Telefonaktiebolaget LM Ericsson
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Huawei Technologies Co., Ltd.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Samsung Electronics Co., Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 BaiCells Technologies
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global MulteFire Market: Key Industry Highlights, 2018 and 2032
2. Global MulteFire Historical Market: Breakup by Equipment Type (USD Billion), 2018-2023
3. Global MulteFire Market Forecast: Breakup by Equipment Type (USD Billion), 2024-2032
4. Global MulteFire Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global MulteFire Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global MulteFire Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global MulteFire Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America MulteFire Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe MulteFire Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific MulteFire Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America MulteFire Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa MulteFire Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa MulteFire Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global MulteFire Market Structure
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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