Overview and Scope
The mobile and wireless backhaul is used for wireless communication devices for data transit between the internet and subnetworks. This is known as a wireless backhaul. Connecting cell site air interfaces to wireline networks, which are then connected to data centers that house the materials and applications used by mobile users, both human and machine, is known as mobile backhaul (MBH).
Sizing and Forecast
The mobile and wireless backhaul market size has grown rapidly in recent years. It will grow from $25.09 billion in 2023 to $28.34 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The growth in the historic period can be attributed to proliferation of mobile devices, rise of 3g and 4g technologies, increased mobile data traffic, backhaul network upgrades, deployment of small cells.
The mobile and wireless backhaul market size is expected to see rapid growth in the next few years. It will grow to $48.41 billion in 2028 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to 5g network rollout, expansion of mobile broadband services, growing demand for low latency, integration with edge computing, deployment of high-capacity microwave links. Major trends in the forecast period include fiber-based backhaul solutions, network slicing for customized services, transition to virtualized and software-defined backhaul, use of millimeter wave technology in 5g backhaul, focus on energy efficiency in backhaul networks.
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Segmentation & Regional Insights
The mobile and wireless backhaul market covered in this report is segmented –
1) By Component: Equipment, Services
2) By Network Technology: 3G And 2G, 4G, 5G
3) By Application: Financial Services, Medical, Retail, Media, Government, Communication, Public Utilities, Other Applications
North America was the largest region in the mobile and wireless backhaul market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile and wireless backhaul market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Growth in mobile subscriber count is the key trend gaining popularity in the mobile and wireless backhaul markets. Due to increased smartphone adoption and improved connectivity, there is an increasing number of people using the mobile internet globally. Global internet connectivity has improved, which has increased mobile data traffic. The demand for network bandwidth has greatly increased as mobile data traffic has gained traction. Mobile carriers must update their data transmission methods in order to meet this demand for high capacity and provide excellent services. For instance, in 2022, according to the Ericsson Mobility Report published by Telefonaktiebolaget LM Ericsson, a Sweden-based multinational networking and telecommunications company, By the conclusion of the forecast period, there are expected to be 6.7 billion unique mobile customers, up from 6.1 billion at the end of 2021. Smartphone-related subscriptions are still increasing. There would be 6.3 billion by the end of 2021, accounting for nearly 77% of all mobile phone subscriptions. This is expected to rise to 7.8 billion by 2027, accounting for 87 percent of all mobile subscribers. Hence, the increase in the mobile subscriber count is driving the growth of the mobile and wireless backhaul markets.
Key Industry Players
Major companies operating in the mobile and wireless backhaul market report are ZTE Corporation, Huawei Technologies Co. Ltd., Tellabs Broadband LLC, Broadcom Inc., Cisco Systems Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Ceragon Networks Ltd., DragonWave-X Limited, Aviat Networks Inc., Intracom Telecom Holdings S. A., Siklu Communication Ltd., SIAE MICROELETTRONICA S. p. A., BridgeWave Communications Inc., Trango Systems Inc., Anritsu Corporation, Cambium Networks Corporation, NEC Corporation of America, SOLiD Technologies Inc., Cambridge Broadband Networks Group Limited, Blu Wireless Technology Ltd., Fastback Networks Inc., Quintron Systems Inc., Proxim Wireless Corporation, Avanti Communications Group plc, Vubiq Networks Inc., CCMI Inc.
The mobile and wireless backhaul market report table of contents includes:
1. Executive Summary
2.Mobile And Wireless Backhaul Market Characteristics
3.Mobile And Wireless Backhaul Market Trends And Strategies
4.Mobile And Wireless Backhaul market analysis
5.Mobile And Wireless Backhaul Market Size And Growth
6.Mobile And Wireless Backhaul Segmentation
7.Mobile And Wireless Backhaul Regional And Country Analysis
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27.Mobile And Wireless Backhaul Competitive Landscape And Company Profiles
28.Mobile And Wireless Backhaul Key Mergers And Acquisitions
29.Mobile And Wireless Backhaul Future Outlook and Potential Analysis
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The report "Mobile and Wireless Backhaul Market by Component (Equipment and Services[Designing & Consulting, Integration & Deployment]), Equipment (Microwave, Millimetre Wave, Sub-6 Ghz), Network Technology (5G, 4G, and 3G & 2G), and Region - Global forecast to 2026" 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.
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.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1034By Component, the Equipment segment to hold the larger market size during the forecast periodThe 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 periodUnder 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).
