Press release
Wireless and Mobile Backhaul Equipment Market Outlook 2024: Exclusive Report By The Business Research Company | Cisco Systems Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd
Wireless and Mobile Backhaul Equipment Market Size
The Business Research Company offers in-depth market insights through Wireless and Mobile Backhaul Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The wireless and mobile backhaul equipment market size has grown rapidly in recent years. It will grow from $69.03 billion in 2023 to $77.15 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to increased bandwidth demands, regulatory factors, fiber-based backhaul adoption, evolution to lte networks, demand for low latency..
The wireless and mobile backhaul equipment market size is expected to see rapid growth in the next few years. It will grow to $126.01 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The growth in the forecast period can be attributed to small cell proliferation, optimization of wireless spectrum, market penetration in emerging regions, security enhancement, support for remote workforce.. Major trends in the forecast period include 5g network expansion, increased mobile data traffic, advancements in fiber-based backhaul, edge computing requirements, cloud services demand..
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Market Segmentation:
The wireless and mobile backhaul equipment market covered in this report is segmented -
1) By Equipment: Microwave Equipment, Sub-6 Ghz Equipment, Millimeter Equipment, Test And Measurement Equipment
2) By Topology: Point To Point (PTP) Configurations, Point To Multipoint (PTM) Configurations
3) By Services: Network Services, Professional Services, System Integration Services
4) By Applications: Building-To-Building Connectivity, Cellular Backhaul, Broadband Connectivity Backhaul, Video Surveillance Backhaul, Other Applications
Major Driver - 5G Adoption Accelerates Driving Growth In The Wireless And Mobile Backhaul Equipment Market
The increasing adoption rate of 5G networks is expected to propel the growth of the wireless and mobile backhaul equipment market going forward. 5G refers to the fifth generation of wireless technology for broadband cellular networks with high speed and reduced latency. Increasing adoption of 5G networks is growing mobile data traffic and generating a large volume of data, thereby creating demand for fast and reliable connectivity. This demand is creating a prospect for mobile and wireless backhaul vendors to enhance their offerings. For instance, according to a Sweden-based telecommunications company, Ericsson's latest Mobility Report, in 2022, the number of global 5G subscriptions is expected to surpass the one-billion mark. Therefore, the increasing adoption rate of 5G networks is driving the growth of the wireless and mobile backhaul equipment market.
Competitive Landscape:
Major companies operating in the wireless and mobile backhaul equipment market report are Cisco Systems Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., ZTE Corporation, ADC Telecommunications Inc., Alvarion Technologies, ANDA Networks Inc., Celtro Communication Ltd., Alcatel-Lucent SA, Fujitsu Limited, BridgeWave Communications Inc., ECI Telecom Ltd., MRV Communications Inc., SkyFiber Networks, Telco Systems, OneAccess Networks SA, Omnitron Systems Technology Inc., NEC Corporation, Aviat Networks Inc., Siae Microelettronica SPA, Proxim Wireless Corporation, Intracom Telecom SA, Redline Services LLC, CommScope Holding Company Inc., Juniper Networks Inc., DragonWave-X Inc., Radwin Ltd., Siklu Communication Ltd., Tarana Wireless Inc., Cambium Networks Ltd., Ceragon Networks Ltd., Fastback Networks Inc., Blu Wireless Technology Ltd., E-Band Communications LLC, LightPointe Communications Inc., Anova Technologies Co. Ltd., AOptix Technologies Inc.
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Top Trend - Advancements In Wireless And Mobile Backhaul Equipment With A Focus On Gigabit Technology And Smart City Applications
Technological advancement is the key trend gaining popularity in the wireless and mobile backhaul equipment market. Major companies operating in the market are developing new technologies such as the MultiHaul TG series of products that uses point-to-point (PtP) connectivity for physical security and smart city applications that works on gigabit wireless technology. For instance, in March 2022, Siklu, an Israel -based gigabit wireless backhaul solutions company introduced the MultiHaul™ TG series of products that offer multi-gigabit capacity, immunity to interference, and a large spectrum for easy deployment of solutions with mesh topology for physical security and smart city applications. The MultiHaulTM TG family of products combines L2 SDN mesh.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Wireless and Mobile Backhaul Equipment Market Characteristics
3. Wireless and Mobile Backhaul Equipment Market Trends And Strategies
4. Wireless and Mobile Backhaul Equipment Market - Macro Economic Scenario
5. Wireless and Mobile Backhaul Equipment Market Size And Growth
…..
27. Wireless and Mobile Backhaul Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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