The global Industrial Multiprotocol Gateways market has shown rapid recovery from sharp decline in 2020 and bounced back with almost 10.82% growth in 2021.
The Global C-RAN market is anticipated to grow at a substantial CAGR of 22.50% in the upcoming years. The global C-RAN market industry was estimated to be worth USD 10.5 billion in 2021 and was expected to be worth USD 35.48 billion by 2028.
The fusion splicer market worldwide is expected to grow with a CAGR of 4.7% during the forecast period from 2019 to 2027, starting from US$ 597.3 Mn in 2018. Many nations are focusing on the innovations and the expansions in fiber optic network in numerous telecommunication projects, which would in turn help to increase the market demand for the fusion splicer systems in future.
The fiber optical interconnects market worldwide is expected to grow with a CAGR of 18.2% during the forecast period from 2019 to 2027, starting from US$ 4.32 Bn in 2018. Advanced fiber optic interconnect technologies helps in the process of enhancing capacity of the optical equipment by further reducing the operation cost.
The wireless communication module market worldwide is expected to grow with a CAGR of 14.1% during the forecast period from 2019 to 2027, starting from US$ 17.10 Bn in 2018.
The wireless router for VPN market worldwide is expected to grow with a CAGR of 12.6% during the forecast period from 2019 to 2027.
In 2021, the global Wi-Fi chipset market was valued at USD 19.5 billion and is projected to reach a value of USD 24.81 billion by 2028. The demand for Wi-Fi chipsets is projected to increase substantially in the coming years.
The IP Intercom market worldwide is expected to grow with a CAGR of 3.4% during the forecast period from 2019 to 2027, starting from US$ 0.94 Bn in 2018.
The peripheral component interconnect express market worldwide is expected to grow with a CAGR of 18.4% during the forecast period from 2019 to 2027. Growing data storage market worldwide is the major growth driver for peripheral interconnect express market.
Globally, the home wifi router and extender market is expected to grow with a CAGR of 9.30% during the forecast period from 2019 to 2027 and is expected to register a market value of US$ 14.60 Bn by 2027.
The network analyzer market is expected to be worth US$ 717.4 million in 2020, and US$ 1,002.2 million by 2027. The market is expected to grow at a CAGR of 4.9% over the forecast period.
Networking and Communications