GITNUX REPORT 2024

Global Wireless Communications Industry Statistics: Explosive Growth and Projections

Unveiling the Future of Wireless Communications Industry: Key Stats, Trends, and Projections Revealed!

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

Global mobile data traffic is projected to reach 77.5 exabytes per month by 2022.

Statistic 2

94% of mobile traffic will be video by 2025.

Statistic 3

Worldwide spending on wireless infrastructure is expected to reach $9.1 billion in 2021.

Statistic 4

The global small cell 5G network market size is projected to reach $8.5 billion by 2025.

Statistic 5

The global market for wireless networking equipment is expected to reach $15.5 billion by 2026.

Statistic 6

5G mobile subscriptions are estimated to reach 3.5 billion worldwide by 2026.

Statistic 7

The number of mobile cellular subscriptions worldwide is forecasted to reach 8.4 billion by 2026.

Statistic 8

The deployment of private 5G networks is expected to grow by 60% year-on-year from 2021 to 2025.

Statistic 9

By 2025, 5G connections in North America are expected to account for 36% of total mobile connections in the region.

Statistic 10

By 2023, over 30% of cellular subscriptions in Latin America are expected to be on 5G networks.

Statistic 11

The number of Internet of Things (IoT) connected devices is forecasted to reach 30.9 billion by 2025.

Statistic 12

Global spending on IoT is projected to reach $1.1 trillion by 2023.

Statistic 13

The number of industrial IoT connections is forecasted to reach 50 billion by 2030.

Statistic 14

The percentage of households with smart home devices is projected to increase to 45% by 2023.

Statistic 15

The global wireless sensors market is expected to surpass $8.3 billion by 2026.

Statistic 16

The internet of things (IoT) devices market size is predicted to exceed $1.5 trillion by 2027.

Statistic 17

The global market for wireless health and fitness devices is forecasted to reach $25.72 billion by 2026.

Statistic 18

The global market for wireless remote patient monitoring devices is projected to reach $1.8 billion by 2026.

Statistic 19

The adoption of smart home devices in Europe is projected to reach 84.4 million units by 2025.

Statistic 20

The global market for wireless temperature sensors is anticipated to reach $783 million by 2026.

Statistic 21

The wireless pressure sensor market size is projected to exceed $2.9 billion by 2026.

Statistic 22

The global market for wireless video surveillance is anticipated to reach $8.3 billion by 2026.

Statistic 23

The market size for wireless fire detection systems is estimated to be $1.6 billion by 2027.

Statistic 24

The global wireless connectivity market is projected to reach $29.8 billion by 2026.

Statistic 25

The global market size of the Wireless Gigabit (WiGig) technology sector is expected to reach $3.6 billion by 2027.

Statistic 26

The wireless audio market is estimated to reach $25 billion by 2027.

Statistic 27

The global wireless charging market size is expected to reach $2.5 billion by 2026.

Statistic 28

89% of enterprises plan to increase their spending on mobile technologies in the next 3 years.

Statistic 29

The global wireless mesh network market is expected to reach $11.2 billion by 2026.

Statistic 30

The Wi-Fi market is expected to grow to $194.5 billion by 2027.

Statistic 31

The millimeter wave technology sector is estimated to reach $425 million by 2025.

Statistic 32

The global market for wireless power transmission technologies is expected to reach $12.7 billion by 2027.

Statistic 33

The global market for wireless telecommunication services is predicted to grow to $2.4 trillion by 2027.

Statistic 34

The global market for wireless audio devices is projected to reach $37.3 billion by 2025.

Statistic 35

The global Long-Term Evolution (LTE) wireless technology market is estimated to be worth $45 billion by 2026.

Statistic 36

The global satellite communication market size is anticipated to reach $41.6 billion by 2026.

Statistic 37

The global market for wireless LAN controllers is projected to reach $4.9 billion by 2026.

Statistic 38

The Compound Annual Growth Rate (CAGR) of the wireless charging market is estimated to be 14.6% from 2021 to 2026.

Statistic 39

By 2025, more than 50% of cellular connections in Africa will be on 4G networks.

Statistic 40

The global market for fixed wireless access technology is expected to reach $46.4 billion by 2026.

Statistic 41

In 2020, the number of public Wi-Fi hotspots reached 362.3 million globally.

Statistic 42

The autonomous vehicle wireless communication market size is estimated to be $7.3 billion by 2025.

Statistic 43

The satellite broadband market is anticipated to grow to $12.6 billion by 2027.

Statistic 44

By 2030, the 6G technology market is projected to reach $71.8 billion globally.

Statistic 45

The global market for Li-Fi technology is forecasted to grow to $1.3 billion by 2025.

Statistic 46

The wireless telecommunication market in the United States is expected to exceed $284 billion by 2026.

Statistic 47

The market size for wireless network security in North America is projected to reach $6.9 billion by 2026.

Statistic 48

The global wireless audio codec market is forecasted to grow at a CAGR of 5.8% from 2021 to 2026.

Statistic 49

The wireless broadband market is estimated to reach $29.8 billion by 2026.

Statistic 50

The global wireless charging infrastructure market size is anticipated to reach $21.26 billion by 2027.

Statistic 51

The compound annual growth rate of the mobile satellite services market is expected to be 6.8% from 2021 to 2026.

Statistic 52

The global market value of wireless power transmission technologies is predicted to surpass $24.1 billion by 2026.

Statistic 53

The penetration rate of wireless broadband subscriptions in Sub-Saharan Africa reached 34% in 2020.

Statistic 54

The global market for wireless routers is set to exceed $14.6 billion by 2026.

Statistic 55

The wireless connectivity market in Asia Pacific is expected to grow to $19.5 billion by 2026.

Statistic 56

The compound annual growth rate of the wireless earphone market is estimated to be 8.5% from 2021 to 2026.

Statistic 57

The global market for wireless display technology is expected to grow to $6.3 billion by 2026.

Statistic 58

The global market for wireless broadband communication systems is expected to reach $105.5 billion by 2026.

Statistic 59

The compound annual growth rate (CAGR) of the wireless sensor market is forecasted to be 19.8% from 2021 to 2026.

Statistic 60

The remote monitoring and control market using wireless communication is forecasted to reach $32.6 billion by 2026.

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Summary

  • Global mobile data traffic is projected to reach 77.5 exabytes per month by 2022.
  • Worldwide spending on wireless infrastructure is expected to reach $9.1 billion in 2021.
  • 5G mobile subscriptions are estimated to reach 3.5 billion worldwide by 2026.
  • The global wireless connectivity market is projected to reach $29.8 billion by 2026.
  • 94% of mobile traffic will be video by 2025.
  • The number of Internet of Things (IoT) connected devices is forecasted to reach 30.9 billion by 2025.
  • The global market size of the Wireless Gigabit (WiGig) technology sector is expected to reach $3.6 billion by 2027.
  • Global spending on IoT is projected to reach $1.1 trillion by 2023.
  • The number of industrial IoT connections is forecasted to reach 50 billion by 2030.
  • The wireless audio market is estimated to reach $25 billion by 2027.
  • The global wireless charging market size is expected to reach $2.5 billion by 2026.
  • The percentage of households with smart home devices is projected to increase to 45% by 2023.
  • 89% of enterprises plan to increase their spending on mobile technologies in the next 3 years.
  • The global wireless mesh network market is expected to reach $11.2 billion by 2026.
  • The compound annual growth rate (CAGR) of the wireless sensor market is forecasted to be 19.8% from 2021 to 2026.

Hold onto your smartphones and brace yourselves for a wireless revolution like no other! With global mobile data traffic hitting a mind-boggling 77.5 exabytes per month by 2022 and estimates indicating that 94% of mobile traffic will be dominated by video in 2025, its clear that our world is becoming increasingly connected. From the projected surge in 5G subscriptions to the forecasted boom in IoT devices, the wireless communications industry is set to soar to unimaginable heights, with spending expected to skyrocket to the tune of billions. So, get ready to ride the wave of wireless wonders because this industrys future looks brighter than a smartphone screen on full brightness!

1 Mobile Data Traffic and Usage Projections

  • Global mobile data traffic is projected to reach 77.5 exabytes per month by 2022.
  • 94% of mobile traffic will be video by 2025.

Interpretation

Looks like our screens are set to become even hotter commodities than our morning coffee. With global mobile data traffic skyrocketing to 77.5 exabytes per month by 2022 and video expected to dominate a whopping 94% of that traffic by 2025, it’s clear that our obsession with watching on the go is reaching epic proportions. So, grab your popcorn and buckle up because it seems like the only way forward is through the lens of a tiny screen.

2 Wireless Infrastructure Spending Trends

  • Worldwide spending on wireless infrastructure is expected to reach $9.1 billion in 2021.
  • The global small cell 5G network market size is projected to reach $8.5 billion by 2025.
  • The global market for wireless networking equipment is expected to reach $15.5 billion by 2026.

Interpretation

In a world where wireless connectivity reigns supreme, the numbers speak volumes. With spending on wireless infrastructure set to soar to $9.1 billion in 2021, it's clear that the demand for seamless communication knows no bounds. The projected market size of $8.5 billion for the small cell 5G network by 2025 is a testament to the insatiable hunger for faster, more efficient connections. And with the wireless networking equipment market expected to hit $15.5 billion by 2026, it seems that the world is not just getting connected, but rather getting entwined in a web of endless possibilities. One thing's for sure - in the wireless communications industry, the sky's the limit, and the only way to go is up.

3 5G Technology and Subscriptions Forecast

  • 5G mobile subscriptions are estimated to reach 3.5 billion worldwide by 2026.
  • The number of mobile cellular subscriptions worldwide is forecasted to reach 8.4 billion by 2026.
  • The deployment of private 5G networks is expected to grow by 60% year-on-year from 2021 to 2025.
  • By 2025, 5G connections in North America are expected to account for 36% of total mobile connections in the region.
  • By 2023, over 30% of cellular subscriptions in Latin America are expected to be on 5G networks.

Interpretation

In a world where communication reigns supreme, the wireless industry is gearing up for an impressive evolution. With 3.5 billion 5G mobile subscriptions set to blanket the globe by 2026, it seems even the sky isn't the limit. As the number of mobile cellular subscriptions worldwide skyrockets to 8.4 billion, it's clear that the world is more connected than ever before. Private 5G networks are the crown jewels of tomorrow's digital landscape, poised for a staggering 60% year-on-year growth until 2025. North America is poised to lead the charge with 36% of mobile connections riding the 5G wave by 2025, while Latin America sprints to keep up, with over 30% of cellular subscriptions expected to be on pristine 5G networks by 2023. In the race towards seamless connectivity, the finish line seems farther than ever, but the wireless industry shows no sign of slowing down.

4 Internet of Things (IoT) Market Analysis

  • The number of Internet of Things (IoT) connected devices is forecasted to reach 30.9 billion by 2025.
  • Global spending on IoT is projected to reach $1.1 trillion by 2023.
  • The number of industrial IoT connections is forecasted to reach 50 billion by 2030.
  • The percentage of households with smart home devices is projected to increase to 45% by 2023.
  • The global wireless sensors market is expected to surpass $8.3 billion by 2026.
  • The internet of things (IoT) devices market size is predicted to exceed $1.5 trillion by 2027.
  • The global market for wireless health and fitness devices is forecasted to reach $25.72 billion by 2026.
  • The global market for wireless remote patient monitoring devices is projected to reach $1.8 billion by 2026.
  • The adoption of smart home devices in Europe is projected to reach 84.4 million units by 2025.
  • The global market for wireless temperature sensors is anticipated to reach $783 million by 2026.
  • The wireless pressure sensor market size is projected to exceed $2.9 billion by 2026.
  • The global market for wireless video surveillance is anticipated to reach $8.3 billion by 2026.
  • The market size for wireless fire detection systems is estimated to be $1.6 billion by 2027.

Interpretation

In a world where even our toasters will soon have more connections than us, the bustling Wireless Communications Industry is bringing forth a technological revolution of epic proportions. With IoT devices predicted to outnumber the human population and smart homes on the verge of becoming smarter than their occupants, it seems we are hurtling towards a future where even our coffee mugs will have WiFi. As we marvel at the exponential growth of wireless sensors and surveillance systems, one thing is clear - the wireless world is expanding faster than you can say "Hey Alexa, order me a reality check." So buckle up, dear readers, for a rollercoaster ride into a future where even our doors will be smarter than most politicians.

5 Wireless Connectivity Market Trends

  • The global wireless connectivity market is projected to reach $29.8 billion by 2026.
  • The global market size of the Wireless Gigabit (WiGig) technology sector is expected to reach $3.6 billion by 2027.
  • The wireless audio market is estimated to reach $25 billion by 2027.
  • The global wireless charging market size is expected to reach $2.5 billion by 2026.
  • 89% of enterprises plan to increase their spending on mobile technologies in the next 3 years.
  • The global wireless mesh network market is expected to reach $11.2 billion by 2026.
  • The Wi-Fi market is expected to grow to $194.5 billion by 2027.
  • The millimeter wave technology sector is estimated to reach $425 million by 2025.
  • The global market for wireless power transmission technologies is expected to reach $12.7 billion by 2027.
  • The global market for wireless telecommunication services is predicted to grow to $2.4 trillion by 2027.
  • The global market for wireless audio devices is projected to reach $37.3 billion by 2025.
  • The global Long-Term Evolution (LTE) wireless technology market is estimated to be worth $45 billion by 2026.
  • The global satellite communication market size is anticipated to reach $41.6 billion by 2026.
  • The global market for wireless LAN controllers is projected to reach $4.9 billion by 2026.
  • The Compound Annual Growth Rate (CAGR) of the wireless charging market is estimated to be 14.6% from 2021 to 2026.
  • By 2025, more than 50% of cellular connections in Africa will be on 4G networks.
  • The global market for fixed wireless access technology is expected to reach $46.4 billion by 2026.
  • In 2020, the number of public Wi-Fi hotspots reached 362.3 million globally.
  • The autonomous vehicle wireless communication market size is estimated to be $7.3 billion by 2025.
  • The satellite broadband market is anticipated to grow to $12.6 billion by 2027.
  • By 2030, the 6G technology market is projected to reach $71.8 billion globally.
  • The global market for Li-Fi technology is forecasted to grow to $1.3 billion by 2025.
  • The wireless telecommunication market in the United States is expected to exceed $284 billion by 2026.
  • The market size for wireless network security in North America is projected to reach $6.9 billion by 2026.
  • The global wireless audio codec market is forecasted to grow at a CAGR of 5.8% from 2021 to 2026.
  • The wireless broadband market is estimated to reach $29.8 billion by 2026.
  • The global wireless charging infrastructure market size is anticipated to reach $21.26 billion by 2027.
  • The compound annual growth rate of the mobile satellite services market is expected to be 6.8% from 2021 to 2026.
  • The global market value of wireless power transmission technologies is predicted to surpass $24.1 billion by 2026.
  • The penetration rate of wireless broadband subscriptions in Sub-Saharan Africa reached 34% in 2020.
  • The global market for wireless routers is set to exceed $14.6 billion by 2026.
  • The wireless connectivity market in Asia Pacific is expected to grow to $19.5 billion by 2026.
  • The compound annual growth rate of the wireless earphone market is estimated to be 8.5% from 2021 to 2026.
  • The global market for wireless display technology is expected to grow to $6.3 billion by 2026.
  • The global market for wireless broadband communication systems is expected to reach $105.5 billion by 2026.

Interpretation

In a world where the only constant is change, the wireless communications industry is riding the waves of innovation like a seasoned surfer on a high-tech board. With projections reaching billions in various sectors, from WiGig technology to wireless power transmission, it's clear that the future is wireless and the possibilities are endless. As enterprises gear up to invest more in mobile technologies and regions like Africa strive to connect more of their population through 4G networks, the momentum is palpable. So buckle up, folks, because whether you're streaming music on your wireless earphones, navigating autonomous vehicles with wireless communication, or simply enjoying the convenience of public Wi-Fi hotspots, the wireless revolution is in full swing and shows no signs of slowing down. Welcome to the connected world of tomorrow, where even the sky's not the limit when it comes to satellite communication and 6G technology on the horizon.

Internet of Things (IoT) Market Analysis

  • The compound annual growth rate (CAGR) of the wireless sensor market is forecasted to be 19.8% from 2021 to 2026.
  • The remote monitoring and control market using wireless communication is forecasted to reach $32.6 billion by 2026.

Interpretation

In a world where every beep and buzz seems to matter more than ever, the wireless sensor market is set to explode at a breakneck pace, with a projected compound annual growth rate of 19.8% from 2021 to 2026. As we inch closer to a future where even our toasters might require Wi-Fi to function optimally, the remote monitoring and control market using wireless communication is predicted to hit a staggering $32.6 billion by 2026. It seems like the only direction for our connectivity obsession is up, up, and away!

References