Will MulteFire replace Wi-Fi in many enterprise settings? In some cases. More likely is coexistence of Wi-Fi and MulteFire, as mobile device connectivity inside the building becomes a new imperative, and as new internet of things sensor networks are deployed.
It seems most likely that either enterprises or neutral host providers will build such networks, though some venues are large enough to warrant carrier-built networks.
The total addressable revenue for enterprises deploying private and neutral host LTE with MulteFire will reach nearly $5.7 Billion in 2025 growing at a 61.2 percent compound annual growth rates, according to Harbor Research.
The total global “smart systems” revenue for the private LTE addressable market in industrial and commercial IoT will reach $118.5 billion in 2023, the firm also estimates.