The MulteFire market is expected to grow at a CAGR 34% during the forecast period 2021-2026. The market is driven by rising need for more scalable and better network connectivity for industrial IoT (IIoT) applications and Increasing demand for high-capacity and easy-to-install wireless connectivity networks. Deployment of 5G network, and initiative of MulteFire alliance are expected to provide substantial growth opportunities to players in the MulteFire market.
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North America is expected to hold the largest share of the market. North America would be one of the leading regions in terms of the adoption of MulteFire technology-based networks. The MulteFire 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.

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)

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