The global market for outdoor Customer Premise Equipment (CPE) is expected to grow at a CAGR during the forecast period (2021-2027). A CPE is any terminal and related equipment situated at a subscriber's premises and linked to a carrier's telecommunication circuit at the demarcation point in telecommunications ("demarc"). The demarc is a point in a building or complex where client equipment is separated from equipment in the communications service provider's distribution infrastructure or central office. Telephones, routers, network switches, residential gateways (RG), set-top boxes, fixed mobile convergence products, home networking adapters, and internet access gateways are examples of CPE devices that allow consumers to access communication services from providers and distribute them in a home or business with a local area network (LAN).
Consumers all around the globe are becoming increasingly reliant on the internet, which has helped the outdoor CPE industry grow dramatically in the previous two decades. To stay ahead of the competition in the global market for outer customer premises equipment, manufacturers are focusing on new product development and quicker connection. Wi-Fi routers are being installed in public parks, educational institutions, transit terminals, recreation areas, children's parks, theme parks, and a variety of other government and public facilities across the globe.
The increase in usage of Internet of Things (IoT) globally and digitalization are the major elements driving the growth of the global outdoor customer premises equipment market. During the forecast period, the market would benefit from the fast increasing popularity of 5G technology.
At the Mobile World Congress (MWC) in Vancouver in 2018, Samsung was one of the first few electronic device manufacturers to announce the introduction of 5G Wi-Fi customer premises equipment in the market. The primary goal of this launch is to lower costs and increase accessibility for customers all around the globe. Furthermore, several businesses are actively investing in the development and deployment of Wi-Fi 6 technology in order to differentiate themselves from the competition and increase income. As a result of this technology's improved integration and power efficiency, more customers will be attracted to the market, which is anticipated to impel its growth in the future.
Market Coverage
o By Type – Short Distance, Middle Distance, Long Distance
o By Application – Commercial Application, Home Application
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Outdoor Customer Premise Equipment (CPE) Market Report
By Type
By Application
By Region
North America
Europe
Asia-Pacific
Rest of the World