Global Wireless Broadband CPE Market Competition is Fierce, and Huawei Technologies Co. Ltd Holds a share of 19.57% in 2024

Global Wireless Broadband CPE Market Overview

According to Global Market Monitor, the global wireless broadband CPE market will be $12.27 billion in 2024 with a CAGR of 19.89% from 2024 to 2029.

CPE is an acronym for Customer Premise(s) Equipment, which refers to any piece of connected equipment used for accessing the Internet or services on a provider network. A wireless broadband CPE is connected with a carrier's telecommunication circuit at the demarcation point and located at a subscriber's premises. It enables consumers to access the provider’s communication services and distribute them in a residence or enterprise with a local area network (LAN).

Market expansion in developed countries drives the development of the industry.

In developed markets, there are more international companies, good channels, high market maturity, fierce competition among industries, and market expansion among enterprises through mergers and acquisitions. The company's high-quality management team, technical and financial advantages, continuous innovation, highlighting the large investment of market participants in R&D, the introduction of new technologies, the company's product development and innovation, created the company's brand effect, and improved its international popularity. All these factors will promote the growth of market demand for Wireless Broadband CPE, thus promoting the development of the industry.

With the development of the extended 5G millimeter-wave (mmWave) solution, the ongoing 5G network deployment will allow service providers to provide high-speed 5G fixed wireless access services in cities and low-density areas. By the end of 2023, 5G deployment in several regions will bring global coverage to 40%. T-Mobile US indicated that it plans to have more than 7 million 5G fixed wireless access customers by 2026. The increase of the adoption of 5G fixed wireless access will also promote the corresponding increase of end-user equipment.

Competition in the industry is fierce.

For most industries, the intensity of competitive rivalry is the major determinant of the industry's competitiveness. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitor's marketing strategy and pricing and also be reactive to any changes made. The Wireless Broadband CPE industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.

Huawei Technologies Co. Ltd. is one of the major players operating in the Wireless Broadband CPE market, holding a share of 19.57% in 2024.Huawei Technologies Co., Ltd. is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong, China. It designs, develops, and sells telecommunications equipment, consumer electronics, and various smart devices. Huawei Technologies Co. offers products and services in more than 170 countries, serving a third of the world’s population.

Company Name	Huawei Technologies Co. Ltd.
Website	www.huawei.com
Established Time	1987
Plants Distribution	China
Sales Region	Worldwide

For more industry information, please refer to our latest released "2023 Global Wireless Broadband CPE Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".