Multefire Market by Type and Geography - Forecast and Analysis 2022-2026
| Published: Apr 2022 | Pages: 127 | SKU: IRTNTR73099 |
The multefire market share is expected to increase by USD 1.92 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 33.55%. This report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches.
This multefire market research report extensively covers market segmentation by type (small cells, switches, and controllers) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
What will the Multefire Market Size be During the Forecast Period?
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The multefire market report also offers information on several market vendors, including 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. among others.
Multefire Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the multefire market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Multefire Market?
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37% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for multefire in North America. Market growth in this region will be faster than the growth of the market in South America and MEA.
The significant increase in the adoption of MulteFire technology-based networks and several initiatives taken by the vendors in the region, such as MulteFire Alliance, to explore opportunities in making LTE technologies available in the unlicensed band for varied applications, such as industrial manufacturing, mining, healthcare, and commercial, will facilitate the multefire market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 in 2020 resulted in an increase in the internet traffic volume in various countries such as US and Canada. As the regional governments announced lockdowns, the offices and educational institutions opted for a remote working and learning model. Moreover, the traffic is expected to increase more in the forecast period, which further creates an opportunity for proper utilization of spectrum bands is to tackle the changes in internet traffic. Thus, the market is expected to grow in the forecast years.
What are the Revenue-generating Type Segments in the Multefire Market?
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The multefire market share growth by the small cells segment will be significant during the forecast period. The growth is attributed to the significant increase in the demand for reliable and private networks. Furthermore, the continuously rising demand for the private network based on unlicensed and shared frequencies would accelerate the deployment of small cells for enterprise applications.
This report provides an accurate prediction of the contribution of all the segments to the growth of the multefire market size and actionable market insights on the post-COVID-19 impact on each segment.
Multefire Market: Key Drivers, Trends, and Challenges
The rising demand from the industrial sector is notably driving the multefire market growth, although factors such as lack of multefire devices may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the multefire industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Multefire Market Driver
One of the key factors driving the global multefire industry growth is the rising demand from the industrial sector. As industrial infrastructure comprises various automated systems, such as robotics, drones, and virtual reality (VR) technology-based devices, which work in accordance with each other to develop a product or move it from one location to another. The use of such an automated system requires high-speed and low-latency data to maintain efficiency. Moreover, LTE offers extremely secured and high-bandwidth connectivity with predictable latency, but due to its high cost and the requirement for the licensed spectrum, the need for cost-effective high-speed networks is increasing. Hence, industrial manufacturers focus on using cost-effective and reliable Multefire technology-based LTE networks, which do not require the licensed spectrum or an anchor tenant. Other factors such as the rising adoption of industry 4.0 will further drive market growth during the forecast period.
Key Multefire Market Trend
Increasing digitalization is one of the key multefire market trends that is expected to impact the industry positively in the forecast period. The increasing demand for digitalization in industries such as banking, financial services and insurance (BFSI), information and communications technology (ICT), utilities, manufacturing, and healthcare is driving the demand for high-speed networks consequently, the global multefire market. Furthermore, the implementation of advanced technologies such as IoT, cloud computing, big data, and analytics are further helping in the structural integration of organizations with developments in information technology. Moreover, a cloud-based user provisioning system also helps to lower the per-person access cost significantly. Thus, the increasing technological advances and rising digitalization in various sectors would further create a demand for a more reliable and cost-effective network. Thus, it further will contribute to the growth of the market in the coming years.
Key Multefire Market Challenge
One of the key challenges to the global multefire industry growth is the lack of multefire devices. The MFA Certification Program provides end-users with confidence that MulteFire certified devices have passed interoperability testing and have conformance with the specifications. In June 2021, Nokia announced the availability of its new, industry-first MFA (MulteFire Alliance) certified 4.9G/LTE private wireless networking solution, MulteFire field router 700. It can be deployed with the certified Nokia MulteFire radio access point and Nokia Digital Automation Cloud (DAC) application platform. However, Nokia Industrial MulteFire field router 700 is the only certified multefire device that will support the multefire network. Thus, the lack of multefire supporting devices in the global market will further hinder the market growth in the forecast period.
This multefire market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global multefire market as a part of the global technology hardware, storage, and peripherals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the multefire market during the forecast period.
Who are the Major Multefire Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- 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
- Sony Group Corp.
This statistical study of the multefire market encompasses successful business strategies deployed by the key vendors. The multefire market is fragmented and the vendors are deploying growth strategies such as the increase in M&A activities to compete in the market.
Product Insights and News
- Casa Systems Inc. - The company offers multefire which is an LTE-based technology that operates standalone in unlicensed and shared spectrum, including the global 5 GHz band.
- Casa Systems Inc. - Through the unified segment, the company offers telecommunication equipment and solutions such as cable, modem, optical, and Wi-Fi networking products.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The multefire market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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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 |
$ 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, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 37% |
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Key consumer countries |
US, Canada, China, UK, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
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. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Multefire Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive multefire market growth during the next five years
- Precise estimation of the multefire market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the multefire industry across North America, Europe, APAC, South America, and Middle East and Africa
- A thorough 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
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Small cells - Market size and forecast 2021-2026
- Exhibit 28: Chart on Small cells - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Small cells - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Small cells - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Small cells - Year-over-year growth 2021-2026 (%)
- 5.4 Switches - Market size and forecast 2021-2026
- Exhibit 32: Chart on Switches - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Switches - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Switches - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Switches - Year-over-year growth 2021-2026 (%)
- 5.5 Controllers - Market size and forecast 2021-2026
- Exhibit 36: Chart on Controllers - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Controllers - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Controllers - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Controllers - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Type
- Exhibit 40: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.12 Canada - Market size and forecast 2021-2026
- Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Casa Systems Inc.
- Exhibit 93: Casa Systems Inc. - Overview
- Exhibit 94: Casa Systems Inc. - Product / Service
- Exhibit 95: Casa Systems Inc. - Key offerings
- 10.4 Huawei Investment and Holding Co. Ltd.
- Exhibit 96: Huawei Investment and Holding Co. Ltd. - Overview
- Exhibit 97: Huawei Investment and Holding Co. Ltd. - Business segments
- Exhibit 98: Huawei Investment and Holding Co. Ltd. - Key offerings
- Exhibit 99: Huawei Investment and Holding Co. Ltd. - Segment focus
- 10.5 Intel Corp.
- Exhibit 100: Intel Corp. - Overview
- Exhibit 101: Intel Corp. - Business segments
- Exhibit 102: Intel Corp. - Key news
- Exhibit 103: Intel Corp. - Key offerings
- Exhibit 104: Intel Corp. - Segment focus
- 10.6 InterDigital Inc.
- Exhibit 105: InterDigital Inc. - Overview
- Exhibit 106: InterDigital Inc. - Product / Service
- Exhibit 107: InterDigital Inc. - Key offerings
- 10.7 Nokia Corp.
- Exhibit 108: Nokia Corp. - Overview
- Exhibit 109: Nokia Corp. - Business segments
- Exhibit 110: Nokia Corp. - Key offerings
- Exhibit 111: Nokia Corp. - Segment focus
- 10.8 Qualcomm Inc.
- Exhibit 112: Qualcomm Inc. - Overview
- Exhibit 113: Qualcomm Inc. - Business segments
- Exhibit 114: Qualcomm Inc. - Key news
- Exhibit 115: Qualcomm Inc. - Key offerings
- Exhibit 116: Qualcomm Inc. - Segment focus
- 10.9 Redline Communications Group Inc.
- Exhibit 117: Redline Communications Group Inc. - Overview
- Exhibit 118: Redline Communications Group Inc. - Business segments
- Exhibit 119: Redline Communications Group Inc. - Key offerings
- Exhibit 120: Redline Communications Group Inc. - Segment focus
- 10.10 Samsung Electronics Co. Ltd.
- Exhibit 121: Samsung Electronics Co. Ltd. - Overview
- Exhibit 122: Samsung Electronics Co. Ltd. - Business segments
- Exhibit 123: Samsung Electronics Co. Ltd. - Key news
- Exhibit 124: Samsung Electronics Co. Ltd. - Key offerings
- Exhibit 125: Samsung Electronics Co. Ltd. - Segment focus
- 10.11 Sony Group Corp.
- Exhibit 126: Sony Group Corp. - Overview
- Exhibit 127: Sony Group Corp. - Business segments
- Exhibit 128: Sony Group Corp. - Key news
- Exhibit 129: Sony Group Corp. - Key offerings
- Exhibit 130: Sony Group Corp. - Segment focus
- 10.12 Telefonaktiebolaget LM Ericsson
- Exhibit 131: Telefonaktiebolaget LM Ericsson - Overview
- Exhibit 132: Telefonaktiebolaget LM Ericsson - Business segments
- Exhibit 133: Telefonaktiebolaget LM Ericsson - Key news
- Exhibit 134: Telefonaktiebolaget LM Ericsson - Key offerings
- Exhibit 135: Telefonaktiebolaget LM Ericsson - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 136: Inclusions checklist
- Exhibit 137: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 138: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 139: Research methodology
- Exhibit 140: Validation techniques employed for market sizing
- Exhibit 141: Information sources
- 11.5 List of abbreviations
- Exhibit 142: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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multefire market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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