5G Technology Is Fastest Growing Segment Fueling The Growth Of False Base Station Market

 
False Base Station Market

The false base station market provides cellular signal interception technology used by law enforcement for surveillance and investigations. These false base stations mimic the cellular networks helping intercept call details and location tracking of criminal elements. With growing adoption of 5G technology, false base stations can effectively capture data from 5G networks ensuring public safety.

The global False Base Station Market is estimated to be valued at US$ 80.33 Mn in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market key trends:
One of the key trends driving the false base station market growth is increasing investments by governments globally to strengthen national security infrastructure. Law enforcement agencies are investing in modern interception technologies like false base stations to tackle rising organized crimes and terror threats. Major economies like U.S., China, India are deploying false base stations near sensitive facilities and borders. Growing espionage activities among nations and non-state actors have also increased the need for signal monitoring solutions. With the rollout of 5G networks, false base stations are being upgraded to support 5G technology standards and encryption protocols enhancing their surveillance capabilities going forward.


Segment Analysis

The global false base station market can be segmented based on the component as solutions and services. The solutions segment dominated the global market in 2022, accounting for around 65% share. This is because solutions form the core component of a false base station. They incorporate all the hardware and software components required to mimic the behavior of a legitimate cellular base station. Within solutions, femtocells held the largest share as they are deployed on a much larger scale to enhance coverage in offices, homes, and other indoor locations.

Key Takeaways

The Global False Base Station Market Demand is expected to witness high growth, exhibiting CAGR of 5.7% over the forecast period, due to increasing security concerns over unauthorized cellular network monitoring.

Regional analysis: Asia Pacific region dominated the global market in 2022, accounting for around 35% share due to high adoption of false base stations across countries like China and India. The region is expected to continue its dominance during the forecast period owing to rapid infrastructure development and increasing investments by key players in the region. Europe stood as the second largest market in 2022.

Market size: The global false base station market size was valued at US$ 80.33 Mn in 2023. Factors such as rising security threats, growth of 5G networks, and increasing IoT connections are expected to drive the demand for false base stations during the forecast period. The market is projected to reach a value of around US$ 130 Mn by 2030, expanding at a CAGR of 5.7% from 2023 to 2030.

Key players: Key players operating in the false base station market are BASF (Germany), Evonik Industries (Germany), P&G Chemicals (US), Croda International (UK), Mitsubishi Chemicals (Japan), Sisterna (Netherlands), Stearinerie Dubois (France), Dai-Ichi Kogyo Seiyaku (Japan), Alfa Chemicals (UK), FELDA IFFCO (US), World Chem Industries (India), Compass Foods (Singapore), and Zhejiang Synose Tech (China). These players are focusing on new product launches and partnerships to expand their global presence.

Get more insights on this topic:

https://www.marketwebjournal.com/false-base-station-market-market-size-and-share-analysis/

 

Comments

Popular posts from this blog

Eyewear Market Is Estimated To Witness High Growth Owing To the Growing Demand for Prescription Eyewear

The Mobile Computed Tomography Is The Fastest Growing Segment Fueling The Growth Of Computed Tomography Market

The Electronic Warfare Market Will Grow At Highest Pace Owing To Rising Adoption Of Advanced Electronic Warfare Systems In Defense Sector