Asia Pacific WTTx Market Size, Share & Industry Trends Analysis Report By Component, By Organization Size, By Operating Frequencies (6 GHz - 24 GHz, 1),8 GHz - SUB 6GHz, and 24 GHz & Above), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific WTTx Market would witness market growth of 42.3% CAGR during the forecast period (2022-2028).
A single house is a typical use case in rural areas where base stations are typically deployed with a significant inter-site distance (ISD), making coverage capabilities the main area of concern. Although there are almost no obstacles to wave transmission in rural areas, the potential for dense vegetation near the home could still result in a low line of sight (LoS) signal % and significant route loss, particularly for the high-frequency range. Therefore, outdoor CPE is expected to be installed to achieve the long-range coverage performance criteria.
The transmission capacity of traditional xDSL-based solutions would become the bottleneck to improving the consumers' experience as more diverse applications emerge and might offer a cost-competitive service for users in rural scenarios. In contrast, WTTx could deliver broadband peak bit rates of up to 1 Gbps at the same price as xDSL. However, CPE in rural areas may effectively use the extra spectrum resources to reach high capacity. The long-term ROI of WTTx may become more competitive as more CPEs can share the spectrum of resources.
For several technical needs, such as a long coverage range, extremely high user-experienced data rate, and spectrum efficiency, WTTx is offered as a potential solution to introduce broadband connectivity to a variety of use cases, including rural, dense urban, and suburban areas. Developing the 5G air interface and new network architecture is the technique to meet these goals.
The scope of pilot projects involving 5G and connected cars will be increased, and initiatives to hasten the agricultural sector's digital transformation will also be made. China will speed up the deployment of 5G networks to have more than 18 5G base stations per 10,000 individuals by the end of 2023 to build a strong telecom infrastructure. The development in the network sector hypes up the growth of the WTTx market.
The China market dominated the Asia Pacific WTTx Market by Country in 2021; thereby, achieving a market value of $4,192.6 million by 2028. The Japan market is poised to grow at a CAGR of 41.4% during (2022 - 2028). Additionally, The India market would obtain a CAGR of 43.2% during (2022 - 2028).
Based on Component, the market is segmented into Platforms & Solutions, Hardware (Customer Premises Equipment (CPE), Access Units, and Others), and Services. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Operating Frequencies, the market is segmented into 6 GHz – 24 GHz, 1.8 GHz – SUB 6GHz, and 24 GHz & Above. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide WTTx Market is Projected to reach USD 49.5 Billion by 2028, at a CAGR of 41.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Huawei Technologies Co., Ltd., Nokia Corporation, Ericsson AB, Qualcomm, Inc., CommScope Holding Company, Inc., Samsung Electronics Co., Ltd., Eltel Group Oy, Airspan Networks Holdings Inc., Inseego Corp. and Fibocom Wireless, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Platforms & Solutions
- Customer Premises Equipment (CPE)
- Access Units
By Organization Size
- Large Enterprises
By Operating Frequencies
- 6 GHz – 24 GHz
- 8 GHz – SUB 6GHz
- 24 GHz & Above
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Huawei Technologies Co., Ltd.
- Nokia Corporation
- Ericsson AB
- Qualcomm, Inc.
- CommScope Holding Company, Inc.
- Samsung Electronics Co., Ltd.
- Eltel Group Oy
- Airspan Networks Holdings Inc.
- Inseego Corp.
- Fibocom Wireless, Inc.
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