In the United States, the American Recovery and Reinvestment Act of 2009 (ARRA) provides for funding to stimulate broadband adoption, with an emphasis on wireless broadband. The Broadband Technology Opportunities Program (BTOP) was created to promote broadband access in unserved and underserved areas. Because such areas are typically remote or rural, deploying wired technology is much more difficult and expensive than wireless.
According to the report, Increasing Deployment of FWA (Fixed Wireless Access)
is one of the primary growth factors for the market. Growing Need to Access the Information in Real Time
is also expected to contribute significantly to the Wireless Broadband market. Overall, applications of Wireless Broadband, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End Users, such as Consumer Electronics, is boosting the Wireless Broadband market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Wireless Broadband market identified that the demand is rising in many different parts of the world as "Emergence of 5G Technology
". Furthermore, some recent industry insights like "United States based communication company OneWeb is working to deploy first ever low earth orbit satellite. The said satellite will orbit at 1,200 km above earth meaning reduction in latency speed less than 50 millisecond round trip. The company started testing services in 2018 and expected to start its services by 2019. and Also, space transportation company SpaceX got an approval from Federal Communications Commission (FCC) to launch 12,000 small, low cost satellites to accelerate the wireless broadband service by 2020." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Wireless Broadband market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Wireless Broadband market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.