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/
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