The primary factors that are driving the market growth include the increasing demand for providing low and affordable broadband connections to remote regions using TVWS technology and requirement for adoption of TVWS technology for smart grid applications
The TV White Space Spectrum Market is expected to reach USD 310.4 Million by 2028 from USD 4.1 Million in 2020, at a CAGR of 72% during the forecast period from 2020 to 2028. The primary factors that are driving the market growth include the increasing demand for providing low and affordable broadband connections to remote regions using TVWS technology and requirement for adoption of TVWS technology for smart grid applications.
However, communication between the control center and smart metering installed at the customer premise is expected to be an issue for the market.
To counter this issue, several companies have started using TVWS-based communication to provide middle-mile connectivity for smart metering and other smart grid solutions. Smart grid application is not very bandwidth intensive, so the number of TVWS channels required for this application is low. In view of low bandwidth requirement, many countries have shown interest to adopt this communication network. Through the TVWS communication network, the power grid control center helps to provide middle wire connectivity between the control center and the smart metering at the customer base.
North America is anticipated to become the leading market for the global TVWS spectrum market throughout the forecast period. Moreover, the market in Africa is expected to grow at the highest rate between 2020 and 2028. The primary factor driving the growth of the market in North America is the steady support from the governments from this region for the use of TVWS spectrum technology in different applications. For instance, the US is one of the first few countries to issue proper regulations regarding the use of white space technology through the TV broadcast, UHF/VHF bands as mandated by the FCC. Although the internet is transmitted through the GHz bands, the trial tests conducted in various areas across the US establishes the fact, that offering of internet connectivity through the TV bands is cost-effective, and the transmission of TV radio waves for more than 10km, to non-line-of-sight regions is also effective.
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Adaptrum, Inc. (US), ATDI S.A. (France), Carlson Wireless Technologies, Inc. (US), Alphabet Inc. (US), Key Bridge LLC (US), KTS Wireless (US), Microsoft Corp. (US), MELD Technology Inc. (US), Metric Systems Corp. (US), Spectrum Bridge Inc. (US), Shared Spectrum Co. (US), and Telcordia Technologies, Inc. (iconectiv) (US), among others.
Further key findings from the report suggest
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For this report, the market has been divided into segments on the basis of component type, software & service, device type, application, range, and region:
Component Type Outlook (Revenue, USD Million; 2020–2028)
Software and Service (Revenue, USD Million; 2020–2028)
Device Type (Revenue, USD Million; 2020–2028)
Application (Revenue, USD Million; 2020–2028)
Range (Revenue, USD Million; 2020–2028)
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Regional Outlook (Revenue, USD Million; 2020–2028)
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