Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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.*
Looking for specific insights?
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
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.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Locations
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124