Wireless Backhaul Equipment Market Players to See Huge Investment Opportunities | Cisco System Inc., Nokia, Ericsson Telecommunication Equipment Company, Huawei Technologies, ZTE Corporation
Drivers, Challenges and Opportunities:
Factors such as increase in use of digital devices such as smart phones, wearable devices that support in generating large volume of data and surge adoption in telecommunication industry are the major drivers for the market growth. However, high initial cost hinder the wireless backhaul equipment market growth. Furthermore, growing trend of economic growth & digitalization around the world has created ample opportunities for wireless backhaul equipment market.
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The wireless backhaul equipment market is segmented into equipment, application, and region.
Based on equipment, the market is classified into microwave, millimeter, test &measurement Based on application, the market is categorized into building-to-building connectivity, cellular backhaul, broadband connectivity backhauls, and video surveillance backhauls.
Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
According to the research report, North America to holds a leading position in the global market with a large share in the next few years. The high growth of this region can be attributed to an increase in the usage of internet because of rise in need for bulk transfer of data over long distances.
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Also, the easy availability of speedy internet connection in North America is likely to accelerate industry growth upto 2026.
Key players profiled in the wireless backhaul equipment market include:
o Cisco System Inc.
o Nokia, Ericsson Telecommunication Equipment Company
o Huawei Technologies
o ZTE Corporation
o Adc Telecommunication Inc.
o Alvarion Ltd.
o Anda Networks
o Celtro Ltd.
o Fujitsu Ltd.
o BridgeWave Communications.
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