Market Share of MulteFire Industry
The MulteFire market is relatively consolidated with a few prominent companies, such as Qualcomm, Nokia, and Huawei, which account for a significant market share. The companies significantly engage in innovations and partnerships to enhance their market shares. Moreover, all the companies in this market are a part of The MulteFire Alliance. A few of the prominent market players include Qualcomm Technologies, Inc., Nokia Corporation, Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, Sony Corporation, etc.
- February 2023 - the partnership between Nokia and Kyndryl, which automates factories utilizing 4G/5G private wireless networks and multi-access edge computing (MEC) technology, has been extended for another three years. The companies claimed that the lack of spectrum availability is rapidly declining due to governments distributing licensed spectrum for industrial usage and the introduction of unlicensed wireless networking solutions (such as CBRS in the US and MulteFire).
- January 2023 - Deutsche Telekom stated that the firm would deploy additional small cells to strengthen its 5G network. The carrier clarified that small cells enhance network quality in densely populated regions like markets, retail malls, and railway or bus stops. By 2025, Deutsche Telekom stated it would convert about 3,000 outdated public payphones into 5G small cells.
MulteFire Market Leaders
Qualcomm Technologies, Inc.
Nokia Corporation
Huawei Technologies Co., Ltd.
Telefonaktiebolaget LM Ericsson
Sony Corporation
*Disclaimer: Major Players sorted in no particular order
