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NEW YORK, Sept. 19, 2022 /PRNewswire/ — The multefire market size is expected to grow by USD 1.92bn from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 33.55% during the forecast period. The rising demand from the industrial sector is driving the multefire market growth. However, factors such as lack of multefire devices may challenge market growth.
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To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the multefire market include Casa Systems Inc., Huawei Investment and Holding Co. Ltd., Intel Corp. , InterDigital Inc., Nokia Corp., Qualcomm Inc., Qucell Inc., Redline Communications Group Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, Athonet Srl, and Sony Group Corp. The key offerings of some of these vendors are listed below:
- Huawei Investment and Holding Co. Ltd. – The company offers multefire, which is an LTE-based technology that operates standalone in unlicensed and shared spectrum, including the global 5 GHz band.
- Intel Corp. – The company offers multefire technology which delivers higher performance in local area networks.
- InterDigital Inc. – The company offers multefire, which operates solely in unlicensed spectrum without requiring an LTE anchor in licensed spectrum.
The report also covers the following areas:
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- Type
- Small Cells: The small cells segment will be the largest contributor to market growth during the forecast period. The significant rise in the demand for reliable and private networks is driving the growth of this segment. Moreover, the continuously increasing demand for private networks based on unlicensed and shared frequencies would accelerate the use of small cells for enterprise applications.
- Switches
- Controllers
- Geography
- North America: This region will account for 37% of the market’s growth during the forecast period. The growth is attributed to factors such as a significant rise in the adoption of multefire technology-based networks. Several initiatives taken by vendors to explore opportunities in making LTE technologies available in the unlicensed band for varied applications are also driving the growth of the market in the region. Moreover, market growth in this region will be faster than the growth of the market in other regions. The US and Canada are the key countries for the multefire market in North America.
- Europe
- APAC
- South America
- Middle East And Africa
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- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist multefire market growth during the next five years
- Estimation of the multefire market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the multefire market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of multefire market vendors
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Multefire Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 33.55% |
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Market growth 2022-2026 |
USD 1.92 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
32.98 |
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Regional analysis |
North America,… |
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