This research report categorizes the Mobile and wireless backhaul Market to forecast revenues and analyze trends by Component, Equipment, Services, Nework technology, Region
The global Mobile and Wireless Backhaul Market size is expected to grow from USD 9.3 billion in 2020 to USD 15.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period, according to new research report by MarketsandMarkets™
The Mobile and wireless backhaul Market is fuelled by the growth in the number of mobile subscribers and the success of 4G and 5G around the world. Moreover, the trend of companies investing more on adoption of small cells and reduced total cost of ownership is driving the adoption of mobile and wireless backhaul solutions.
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165 - Tables
46 - Figures
195 - Pages
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By Componente, the Equipment segment to hold the larger market size during the forecast period
The Equipment segment of the Mobile and wireless backhaul Market is projected to hold the larger market size during the forecast period. The mobile and wireless backhaul market consists of hardware equipment which can carry signals through links between two cell sites. Depending upon various factors, such as frequency, capacity, range, and data transmission rate, a wireless backhaul equipment makes it easier to install backhaul services in geographies where fiber deployment is not possible.
By Services, the Design and Consulting segment to record the highest growth rate during the forecast period
Under the Services segment, the designing and consulting segment is expected to dominate the market during the forecast period. The designing and consulting services help clients achieve a strong business mechanism and decision-making skills.They help in lowering risks, reducing complexities, and raising Return on Investments (RoIs). They can be customized, are easily applicable, and deliver maximum product assurance.
By region, Asia Pacific to account for the largest market size during the forecast period
Asia Pacific holds a strong position in the global Mobile and wireless backhaul Market, owing to large-scale investments by organizations on developing telecom infrastructures. Many major players have their headquarters in the region such as NEC, ZTE and Fujitsu. The major growth drivers for this region include government initiatives to promote the digital infrastructure.
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Market Players
Major vendors in the Mobile and wireless backhaul Market include Ericssom (Sweden), Huawei (China), Nokia (Finland), NEC Corporation (Japan), ZTE (China), Fujitsu (Japan), Broadcom (US), Ceragon (Israel), Aviat (US), and SIAE (Italy).
Regional Analysis for Mobile and Wireless Backhaul Market
- North America: Market maturity: The 4G and 5G networks in North America have been widely deployed. The adoption of cutting-edge technology and the rise in data consumption are driving a high demand for high-capacity backhaul solutions. Adoption of technology: North America is leading the way in the adoption of 5G, which necessitates a sizable backhaul capacity to serve the high-speed, low-latency needs of 5G networks. Competitive Environment: There are several vendors offering backhaul solutions in the region, which has a competitive environment. To meet the expectations of 5G, reputable telecom companies are modernising their backhaul networks.
- Europe: Market Diversification: The European market differs by nation, with some pushing the adoption of 5G while others are still concentrating on the growth of 4G. In urban regions with high population densities, the demand for backhaul solutions is significant. EU laws place a strong emphasis on the requirement for high-capacity backhaul infrastructure to support the development of 5G. Investment in wireless and fibre backhaul technologies has increased as a result of this. Remote and rural places sometimes have underdeveloped backhaul infrastructure, which makes connectivity difficult.
- Asia-Pacific: Growth Potential: Because of its vast population, booming mobile connection, and rising smartphone adoption, Asia-Pacific is a market for mobile and wireless backhaul that is expanding quickly. A diverse landscape is present in the area, which includes both new nations where 4G expansion is still a priority and highly developed economies like South Korea and Japan that were early adopters of 5G. Infrastructure Investment: To facilitate the implementation of 5G, governments and telecom companies in nations like China and India are making significant investments in backhaul infrastructure.
- Latin America: Infrastructure Development: To bridge connectivity gaps, Latin America is attempting to upgrade its backhaul infrastructure. To increase network coverage, fibre and microwave backhaul systems are being used. industry competition: Backhaul solutions are offered by both international and regional competitors in this competitive industry. The adoption of 4G and 5G differs by nation. Government policies and the state of the economy can have an impact on the development of the backhaul market. Some nations experience economic difficulties that have an impact on infrastructure spending.
- Middle East and Africa: Growth prospects: 5G infrastructure investments are being made in the Middle East and some regions of Africa, which presents prospects for backhaul services. Additionally, the region is experiencing an increase in undersea cables for global communication. Challenges: Political unrest and a lack of infrastructure in several African nations can make backhaul growth difficult. However, there are still numerous places where mobile connectivity is growing. Due to the lack of terrestrial infrastructure in remote places, mobile networks are frequently connected through satellite backhaul.
Factors that Drive Mobile and Wireless Backhaul Market
- Rapid Mobile Data Growth: Strong backhaul infrastructure is needed to accommodate the rising data traffic caused by the dramatic development in mobile data consumption, which is driven by social networking, mobile applications, and video streaming.
- 5G Network Rollout: With the high-speed and low-latency demands of 5G networks, a denser and more capable backhaul network is required for their deployment. The usage of microwave and millimeter-wave technology is also part of this trend towards fiber-based solutions.
- IoT Expansion: In order to link a wide range of IoT devices and applications, a more broad and dependable wireless network infrastructure is becoming increasingly necessary. Supporting IoT traffic requires effective backhaul.
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