MulteFire Market

MulteFire Market by Device (Small Cells, Switches, Controllers), Application (Industrial Manufacturing, Commercial, Transportation, Public Venues, Healthcare, Oil & Gas and Mining, Power Generation, Hospitality), and Geography - Global forecast 2025

[109 Pages Report] The MulteFire market is projected to grow from USD 455 million in 2020 to USD 2,119 million by 2025, at a CAGR of 36.0%. Increasing demand for high-capacity and easy-to-install wireless connectivity networks and rising need for more scalable and better network connectivity for industrial IoT (IIoT) applications are expected to drive the MulteFire market growth during the forecast period. MulteFire is an innovative LTE-based technology for operating in an unlicensed or shared spectrum. MulteFire makes the network deployment as simplified as Wi-Fi and removes the need for mobile network operators (MNOs). This technology is based on similar technologies such as Listen Before Talk (LBT). In an unlicensed spectrum, MulteFire works well with other technologies such as Wi-Fi, LTE-U, or LAA. MulteFire offers enhanced coverage, improved mobility, and increased capacity, thereby leading to better user experience.

MulteFire Market

Market for small cell devices to grow at highest CAGR during forecast period

The highest growth rate of the MulteFire market for small cell devices is due to the rising demand for reliable and private networks based on unlicensed and shared frequencies would accelerate the deployment of small cells for enterprise applications. Many companies have taken initiatives to develop small cells that support MulteFire technology-based networks, which is another factor propelling the growth of the market for small cell networks. A few players providing small cells include Airspan, BaiCells, Ericsson, and Ruckus.

Industrial application to hold largest market size in 2020

The industrial application expected to hold the largest market size in 2020. MulteFire is an important technology that can be considered by industrial players who are focused on using cost-effective and reliable private networks as these networks do not require any licensed spectrum or an anchor tenant. MulteFire technology-based private LTE networks use dedicated equipment and offer better control over data. These networks help industrial facilities to consistently maintain high performance and manage productivity at predictable levels. In addition, these networks are easy to deploy and offer high-quality services, along with the ability to customize the network according to industrial-specific needs. Hence, these advantages and features of the MulteFire spectrum spur the growth of the market for industrial applications.

MulteFire Market

North America to hold largest share of MulteFire market in 2020

North America region is expected to hold the largest share of the MulteFire market in 2020. The market growth is likely to be propelled by the initiatives of the MulteFire Alliance to explore opportunities in making LTE technologies available in the unlicensed band for varied applications in several verticals, such as industrial manufacturing, mining, healthcare, and commercial. Moreover, North America is home to several key companies who are the members of the MulteFire Alliance, such as Qualcomm, Intel, SpiderCloud Wireless, T-Mobile, and Verizon. Qualcomm was the first to introduce LTE in unlicensed spectrum (LTE-U). Increasing adoption of IoT devices, industry 4.0 solutions, and smart manufacturing solutions has created the need for a reliable and secure network for data communications; this factor is expected to provide opportunities for the MulteFire market in North America.

Key Market Players

Qualcomm (US), Nokia (Finland), Ericsson (Sweden), Huawei (China), Samsung (South Korea), Baicells Technologies (China), Casa Systems (US), Redline Communications (Canada), Ruckus Networks (US), SpiderCloud Wireless (US), Airspan (US), Athonet (Italy), ip.access (UK), Qucell (South Korea), and Quortus (UK) are a few of the major companies dominating the MulteFire market.

Qualcomm (US) is a major company in semiconductor and telecommunication equipment manufacturing. The company is focused on innovation and has hugely invested in R&D activities. The company spent USD 5.6 billion on R&D activities in 2018. Qualcomm is one of the founding members of the MulteFire Alliance with Nokia Networks. It has adopted the organic strategy of product launches to grow in the MulteFire market and develop LTE-based technologies. Moreover, in August 2017, Qualcomm Technologies (Subsidiary of Qualcomm), Verizon, Ericsson, and Federated Wireless announced the use of CBRS band 48 spectrum in an LTE-advanced carrier aggregation demonstration for the first time.

Nokia (Finland) is one of the most significant information technology and consumer electronics companies. To expand its presence, the company mainly focuses on emerging technologies including 5G, ultra-broadband access, Internet Protocol (IP), Software-Defined Networking (SDN), cloud applications, Internet of Things (IoT), as well as security platforms, data analytics, and sensors. Nokia is one of the leading players to offer MulteFire small cells. Nokia, along with Qualcomm, formed the MulteFire Alliance in 2015, dedicated to developing and promoting MulteFire. The alliance aims at driving MulteFire global technical specification development; establishing a world-class MulteFire product certification program; and driving future evolution of MulteFire technology. The company invests heavily in R&D activities to drive innovation across the telecommunications industry to meet the needs of a digitally connected world. Nokia has an extensive portfolio of approximately 20,000 patent families.

Recent Developments

  • In February 2019, US Cellular signed a multi-year partnership agreement with Ericsson for 5G New Radio equipment to build its 5G network, targeting public safety users with prioritized network access and preemption services.
  • In December 2018, Nokia, along with its partner organizations, is carrying out projects to bring private LTE to ports, mines, and airports. Nokia and Ukkoverkot (Finland) are working together to deliver various private LTE networks; a private LTE network for the Port of HaminaKotka (Finland) on the southeast coast of Finland is their latest project. Nokia is also working on private LTE with Sandvik, a mining operator, to test Sandvik’s Digital Automation Cloud platform at a mining site in Tampere, Finland.
  • In May 2018, Huawei launched its eLTE Multimedia-Critical Communications System (eLTE MCCS), which is an end-to-end solution equipped with ultra-reliable multimedia communications capabilities tailored for the public safety sector. eLTE MCCS provides differentiated network products that meet different standards such as those by 3GPP, ITU, and MulteFire.
  • In January 2018, Nokia launched the MulteFire (TM) small cell that would enable industries, enterprises, smart cities, and mobile service providers to leverage the global unlicensed spectrum for secure, high-capacity, and high-coverage private LTE networks. Owing to this, Nokia strengthened its product portfolio and domain expertise.

Key Questions Addressed in the Report

  • How big is the opportunity for the MulteFire market? How rising adoption of MulteFire technology-based devices can help to grasp this USD 2.1 billion opportunity?
  • What are the recent industry trends that can be implemented to generate additional revenue streams?
  • Who are the major players operating in this market? Which companies are the front runners?
  • With the rise in demand for MulteFire technology-based devices from various end-user industries, what are the opportunities for players that are currently active in the market and for those planning to enter multiple stages of the value chain?
  • How will the increasing adoption of small cells in industrial and commercial applications impact the growth rate of the overall market?

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Table of Contents

1 Introduction (Page No. - 13)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 24)

4 Premium Insights (Page No. - 28)
    4.1 Attractive Growth Opportunities in MulteFire Market
    4.2 MulteFire Market, By Application and Region
    4.3 MulteFire Market for Small Cells, By Region

5 Market Overview (Page No. - 30)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Need for More Scalable and Better Network Connectivity for Industrial IoT (IIoT) Applications
                    5.2.1.2 Increasing Demand for High-Performance and Easy-to-Deploy Wireless Connectivity Networks
                    5.2.1.3 Growing Requirement for Cost-Efficient and High-Capacity Networks
           5.2.2 Restraints
                    5.2.2.1 Delay in Making Decisions Related to Utilization of Shared Spectrum
           5.2.3 Opportunities
                    5.2.3.1 Deployment of 5g Network
                    5.2.3.2 Initiatives of MulteFire Alliance to Promote Use of MulteFire
           5.2.4 Challenges
                    5.2.4.1 Development of Ecosystem of MulteFire-Compatible Devices

6 MulteFire Market, By Device (Page No. - 35)
    6.1 Introduction
    6.2 Small Cells
           6.2.1 Small Cells to Dominate MulteFire Market Owing to Growing Interest of Leading Players to Offer MulteFire Small Cells
    6.3 Switches
           6.3.1 Increasing Adoption of Switches to Manage Flow of Data Across MulteFire Networks Boost Growth of Switch Market
    6.4 Controllers
           6.4.1 Increasing Need for Affordable and Secure Networks With Better Coverage Capacity, Especially in Industrial Sector, Provides Opportunity for MulteFire Controller Market

7 MulteFire Market, By Application (Page No. - 43)
    7.1 Introduction
    7.2 Industrial Manufacturing
           7.2.1 Growth of MulteFire Market for Industrial Application is Fueled By Growing Importance of Industry 4.0 and Rising Need for Secured, Reliable, and High-Performing Connectivity Network for IIoT
    7.3 Transportation
           7.3.1 Adoption of MulteFire Network is Propelled By Its Superior Wireless Connectivity That Enables Real-Time Communication for Effective Supply Chain Management
    7.4 Commercial
           7.4.1 Demand for MulteFire Networks Would Surge With Increasing Adoption of Advanced Technologies as Well as Rising Requirements for High-Capacity, Cost-Effective, and Low-Latency Wireless Networks
    7.5 Healthcare
           7.5.1 High Need for Stable and Reliable Network Owing to Rising Use of Iot-Based Devices in Healthcare Provides Opportunity for MulteFire Market
    7.6 Public Venues
           7.6.1 Highly Secure Wireless Coverage Offered By MulteFire Network Provides Growth Opportunities for Market Players
    7.7 Hospitality
           7.7.1 High Demand From Customers for Reliable Networks Provides Opportunity for MulteFire Market
    7.8 Power Generation
           7.8.1 Requirements for Reliable and Secured Networks With Low Latencies Due to Increased Automation Provide Opportunity for MulteFire Market
    7.9 Oil & Gas and Mining
           7.9.1 Demand for MulteFire is Driven By Increased Need for Highly Reliable and Secure Communication Network for Constant Real-Time Monitoring in Oil & Gas and Mining Industries

8 Geographic Analysis (Page No. - 62)
    8.1 Introduction
    8.2 North America
           8.2.1 North America, Being Early Adopter of MulteFire Based Networks, Would Continue to Lead MulteFire Market During Forecast Period
    8.3 Europe
           8.3.1 Growing Importance of Industrial IoT and Industry 4.0 Would Boost MulteFire Market Growth in Coming Years
    8.4 Asia Pacific
           8.4.1 Increasing Data Traffic and MulteFire Alliance Initiatives to Further Promote Lte-Based Technology for Unlicensed and Shared Spectrums Drive MulteFire Market
    8.5 RoW
           8.5.1 Technological Advancements in Oil & Gas Industry Expected to Spur Demand for MulteFire-Based Networks in RoW

9 Competitive Landscape (Page No. - 71)
    9.1 Introduction
    9.2 Market Ranking, 2018
    9.3 Competitive Scenario
           9.3.1 Product Launches and Developments
           9.3.2 Partnerships and Collaborations
           9.3.3 Agreements and Contracts
           9.3.4 Acquisitions and Expansions

10 Company Profiles (Page No. - 76)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     10.1 Key Players
             10.1.1 Qualcomm
             10.1.2 Nokia
             10.1.3 Ericsson
             10.1.4 Huawei
             10.1.5 Samsung Electronics
             10.1.6 Baicells Technologies
             10.1.7 Casa Systems
             10.1.8 Redline Communications
             10.1.9 Ruckus Networks
             10.1.10 SpiderCloud Wireless (A Corning Company)
     10.2 Other Key Players
             10.2.1 Airspan
             10.2.2 Athonet
             10.2.3 ip.access
             10.2.4 Qucell
             10.2.5 Quortus

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

11 Appendix (Page No. - 104)
     11.1 Discussion Guide
     11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.3 Available Customizations
     11.4 Related Reports
     11.5 Author Details


List of Tables (37 Tables)

Table 1 MulteFire Market, By Device, 2020–2025 (USD Million)
Table 2 MulteFire Small Cell Market, By Application, 2020–2025 (USD Million)
Table 3 MulteFire Small Cell Market, By Region, 2020–2025 (USD Million)
Table 4 MulteFire Switch Market, By Application, 2020–2025 (USD Million)
Table 5 MulteFire Switch Market, By Region, 2020–2025 (USD Million)
Table 6 MulteFire Controller Market, By Application, 2020–2025 (USD Million)
Table 7 MulteFire Controller Market, By Region, 2020–2025 (USD Million)
Table 8 MulteFire Market, By Application, 2020–2025 (USD Million)
Table 9 MulteFire Small Cell Market for Industrial Manufacturing Applications, By Region, 2020–2025 (USD Million)
Table 10 MulteFire Switch Market for Industrial Manufacturing Applications, By Region, 2020–2025 (USD Million)
Table 11 MulteFire Controller Market for Industrial Manufacturing Applications, By Region, 2020–2025 (USD Million)
Table 12 MulteFire Small Cell Market for Transportation Applications, By Region, 2020–2025 (USD Million)
Table 13 MulteFire Switch Market for Transportation Applications, By Region, 2020–2025 (USD Million)
Table 14 MulteFire Controller Market for Transportation Applications, By Region, 2020–2025 (USD Million)
Table 15 MulteFire Small Cell Market for Commercial Applications, By Region, 2020–2025 (USD Million)
Table 16 MulteFire Switch Market for Commercial Applications, By Region, 2020–2025 (USD Million)
Table 17 MulteFire Controller Market for Commercial Applications, By Region, 2020–2025 (USD Million)
Table 18 MulteFire Small Cell Market for Healthcare Applications, By Region, 2020–2025 (USD Million)
Table 19 MulteFire Switch Market for Healthcare Applications, By Region, 2020–2025 (USD Million)
Table 20 MulteFire Controller Market for Healthcare Applications, By Region, 2020–2025 (USD Million)
Table 21 MulteFire Small Cell Market for Public Venues Applications, By Region, 2020–2025 (USD Million)
Table 22 MulteFire Switch Market for Public Venues Applications, By Region, 2020–2025 (USD Million)
Table 23 MulteFire Controller Market for Public Venues Applications, By Region, 2020–2025 (USD Million)
Table 24 MulteFire Small Cell Market for Hospitality Applications, By Region, 2020–2025 (USD Million)
Table 25 MulteFire Switch Market for Hospitality Applications, By Region, 2020–2025 (USD Million)
Table 26 MulteFire Controller Market for Hospitality Applications, By Region, 2020–2025 (USD Million)
Table 27 MulteFire Small Cell Market for Power Generation Applications, By Region, 2020–2025 (USD Million)
Table 28 MulteFire Switch Market for Power Generation Applications, By Region, 2020–2025 (USD Million)
Table 29 MulteFire Controller Market for Power Generation Applications, By Region, 2020–2025 (USD Million)
Table 30 MulteFire Small Cell Market for Oil & Gas and Mining Applications, By Region, 2020–2025 (USD Million)
Table 31 MulteFire Switch Market for Oil & Gas and Mining Applications, By Region, 2020–2025 (USD Million)
Table 32 MulteFire Controller Market for Oil & Gas and Mining Applications, By Region, 2020–2025 (USD Million)
Table 33 MulteFire Market, By Region, 2020–2025 (USD Million)
Table 34 Product Launches and Developments, 2017–2018
Table 35 Partnerships and Collaborations, 2017–2018
Table 36 Agreements and Contracts, 2018
Table 37 Expansions, 2018
 
 
List of Figures (34 Figures)
 
Figure 1 MulteFire Market: Research Design
Figure 2 Research Flow of Market Size Estimation
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Small Cells to Account for Largest Size of MulteFire Market in 2020
Figure 7 Commercial Applications to Record Highest CAGR in MulteFire Market From 2020 to 2025
Figure 8 North America Expected to Be Fastest-Growing Region in MulteFire Market During Forecast Period
Figure 9 Rising Need for More Scalable and Better Network Connectivity for Industrial IoT (IIoT) Applications Expected to Spur MulteFire Market Growth During Forecast Period
Figure 10 Industrial Manufacturing Application and North America to Account for Largest Share of Global MulteFire Market in 2025
Figure 11 North America to Record Highest CAGR in MulteFire Small Cell Market During Forecast Period
Figure 12 Rising Need for More Scalable and Better Network Connectivity for Industrial IoT (IIoT) Applications to Drive MulteFire Market Growth
Figure 13 Small Cells to Lead MulteFire Market, By Device, During Forecast Period
Figure 14 Industrial Applications to Account for Largest Size of MulteFire Small Cell Market During Forecast Period
Figure 15 North America to Command MulteFire Small Cell Market During 2020–2025
Figure 16 MulteFire Switch Market in North America to Grow at Highest CAGR During Forecast Period
Figure 17 North America to Command MulteFire Controller Market During 2020–2025
Figure 18 Industrial Manufacturing Applications to Account for Largest Size of MulteFire Market During Forecast Period
Figure 19 North America to Dominate MulteFire Small Cell Market for Industrial Manufacturing Applications During Forecast Period
Figure 20 North America Would Be Leading Region in MulteFire Small Cell Market for Transport Applications During 2020–2025
Figure 21 MulteFire Small Cell Market for Commercial Applications in North America to Grow Highest CAGR During Forecast Period
Figure 22 North America to Dominate MulteFire Market During Forecast Period
Figure 23 North America: MulteFire Market Snapshot
Figure 24 Europe: MulteFire Market Snapshot
Figure 25 Asia Pacific: MulteFire Market Snapshot
Figure 26 Companies Adopted Product Launches and Collaborations as Key Growth Strategies From 2016 to 2018
Figure 27 Ranking of Top 5 Players in MulteFire Market
Figure 28 Qualcomm: Company Snapshot
Figure 29 Nokia: Company Snapshot
Figure 30 Ericsson: Company Snapshot
Figure 31 Huawei: Company Snapshot
Figure 32 Samsung Electronics: Company Snapshot
Figure 33 Casa Systems: Company Snapshot
Figure 34 Redline Communications: Company Snapshot

The study involved 4 major activities in estimating the current size of the MulteFire market. Exhaustive secondary research has been done to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information pertinent to this study. Secondary sources include annual reports; press releases; investor presentations; white papers; journals and certified publications; and articles from recognized authors, directories, and databases. Secondary research has been conducted to obtain important information about the industry’s supply chain, value chain, total pool of key players, market segmentation according to the industry trends (to the bottommost level), geographic markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

Extensive primary research has been conducted after gaining knowledge about the MulteFire market scenario through secondary research. Several primary interviews have been conducted with market experts from both demand (commercial application providers) and supply (device manufacturers and distributors) sides across 4 major regions: North America, Europe, APAC, and RoW. Approximately 20% and 80% primary interviews have been conducted with parties from demand and supply sides, respectively. The primary data has been collected through questionnaires, emails, and telephonic interviews.

MulteFire Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the MulteFire market and other dependent submarkets. The key players in the market have been determined through primary and secondary research. This entire research methodology involves the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) into the MulteFire market.

Data Triangulation

All the percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in the report.

Report Objectives

  • To describe and forecast the MulteFire market by device, application, and region, in terms of value
  • To describe and forecast the market for devices that include small cells, switches, and controllers, in terms of value
  • To describe and forecast the market for various segments, by region—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW), in terms of value
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges that influence the growth of the MulteFire market
  • To strategically analyze micromarkets1 with respect to the individual growth trends, prospects, and contribution to the overall market
  • To analyze opportunities in the market for various stakeholders by identifying high-growth segments in the MulteFire market
  • To strategically profile key players and comprehensively analyze their market ranking in terms of revenue and core competencies2
  • To analyze strategies such as product launches, agreements, partnerships, contracts, collaborations, and expansions in the MulteFire market

Scope of the Report:

Report Metric

Details

Market size availability years

2020–2025

Base year

2020

Forecast period

2020–2025

Units

Value (USD)

Segments covered

Device, Application, and Region

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

Qualcomm (US), Nokia (Finland), Ericsson (Sweden), Huawei (China), Samsung (South Korea), Baicells Technologies (China), Casa Systems (US), Redline Communications (Canada), Ruckus Networks (US), SpiderCloud Wireless (US), Airspan (US), Athonet (Italy), ip.access (UK), Qucell (South Korea), and Quortus (UK)

This report categorizes the MulteFire market, by device, application, and region.

MulteFire Market, by Device:

  • Small Cells
  • Switches
  • Controllers

MulteFire Market, by Application:

  • Industrial Manufacturing
  • Transportation
  • Commercial
  • Healthcare
  • Public Venues
  • Hospitality
  • Power Generation
  • Oil & Gas and Mining

MulteFire Market, by Region:

  • North America
  • APAC
  • Europe
  • RoW

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players based on various blocks of the value chain.
Report Code
SE 7174
Published ON
Jun, 2019
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