The North America Carrier Aggregation Solutions Market would witness market growth of 18.8% CAGR during the forecast period (2023-2029).
Three types of carrier aggregation—intra-band contiguous, intra-band non-contiguous, and inter-band—are distinguished depending on the locations of the component carriers. Contiguous carrier aggregation occurs when multiple component carriers are in the same frequency band. Carrier aggregation is intra-band non-contiguous when the component carriers belong to a single frequency band but are spaced apart by a gap.
The most challenging scenario is when the component carriers are in various frequency bands. When used in heterogeneous networks, this is called inter-band carrier aggregation. From a baseband perspective, there is no distinction between these three situations. But in the case of inter-band carrier aggregation, the complexity from a radio frequency (RF) perspective is increased.
User devices and radio access networks (RAN) have carrier aggregation methods built into their software. They give mobile network operators (MNOs) the opportunity to combine the strengths of radio cells to improve user experience and network efficiency. Some of the factors anticipated to drive the progress of the market include increasing worldwide mobile traffic, the demand for faster data speeds, and a greater focus on research and development efforts by public and private research institutions.
Some important aspects impacting IoT development in the region include the widespread adoption of IoT-enabled devices, prominent IoT R&D expenditure, and the involvement of big market participants. Additionally, the existence of industrialized nations with stable economies, like the United States and Canada, may considerably stimulate corporations to invest in R&D operations. The rapid digitalization of all key economic sectors, the increasing use of smart devices, as well as technological developments, have all fueled the expansion of the Internet of Things. As a result, IoT capabilities are helping Canadian businesses improve and streamline their operating processes.
Additionally, the region has established relationships with IoT vendors, which supports the growth of the business. As a result, the number of devices as well as new IoT use cases, would expand due to emerging wireless technologies, including Wi-Fi 6 and 5G, which would also enable service providers to create enticing cellular IoT packages for their clients. These factors would accelerate the regional market's growth during the forecast period.
The US market dominated the North America Carrier Aggregation Solutions Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $2,845.7 million by 2029. The Canada market is anticipated to grow at a CAGR of 21.6% during (2023 - 2029). Additionally, The Mexico market would experience a CAGR of 20.5% during (2023 - 2029).
Based on Deployment, the market is segmented into 4G/LTE and 5G & Others. Based on Application, the market is segmented into Mobile Broadband Connectivity, Industrial IoT, Smart City, Maritime Communications, Satellite Communication, and Others. Based on Spectrum Band, the market is segmented into Licensed and Non-licensed. Based on Cell-Type, the market is segmented into Microcells, Femtocells and Picocells. Based on Frequency Band, the market is segmented into Mid-band, Low-band, and High-band. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Carrier Aggregation Solutions Market is Projected to reach USD 10.9 Billion by 2029, at a CAGR of 19.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Broadcom, Inc., Verizon Communications, Inc., Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, ZTE Corporation, Qualcomm, Inc. (Qualcomm Technologies, Inc.), Anritsu Corporation, and Rohde & Schwarz GmbH & Co. KG.
By Deployment
By Application
By Spectrum Band
By Cell-Type
By Frequency Band
By Country
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