Press release
Mobile and Wireless Backhaul Market 2022 to Witness Impressive Expansion of USD 16.8 billion with a Growing CAGR of 9.6% by 2028
Mobile and Wireless Backhaul market Overview
Qualitative analysis about Mobile and Wireless Backhaul market status (2019 to 2028), enterprise competition pattern, industry development trends (2019 to 2029), regional industrial layout characteristics and macroeconomic policies, industrial policy has also be included. From raw materials to downstream buyers of this industry will be analysed scientifically, the feature of product circulation and sales Distribution will be presented as well.The comprehensive Demand analysis of the Mobile and Wireless Backhaul market will assist in managing better product differentiation, along with detailed understanding of the core capability of each activity involved. The Mobile and Wireless Backhaul market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.
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The prevalence of smartphones and increased connectivity has led to a rapid increase in the number of mobile Internet users worldwide. Mobile data traffic is increasing due to the increase in internet connectivity around the world. The traction of mobile data traffic has significantly increased the need for network capacity. In order to meet this high capacity need while still providing high quality service, mobile operators are forced to improve their data transmission technology. This provided an opportunity for mobile and wireless backhaul market providers to expand their services. The mobile and wireless backhaul market is largely driven by high bandwidth demand.
Following are the major Companies of Mobile and Wireless Backhaul market - Ericssom, Huawei, Nokia, NEC Corporation, ZTE, Fujitsu, Broadcom, Ceragon, Aviat, SIAE, Proxim Wireless, Intracom Telecom, AR RF/Microwave Instrumentation, Redline, DragonWave-X, E-Band, CBNG, Radwin, CableFree, and CommScope and others.
Recent Developments:
In December 2020, Nokia partnered with Zain Saudi Arabia (Zain KSA), a few of first 5G network operators, for rolling out 5G network to KSA for Nokia's end-to-end portfolio that includes backhaul, where thousands of 5G sites will be deployed to bring faster speeds and higher quality networking services across the region.
In July 2020, Ericsson partnered with US Cellular to supply its series of millimeter-wave equipment for backhaul transport solutions.
In June 2020, ZTE partnered with China Telecom to deploy a 5G commercial ultra-broadband Qcell digital indoor distribution system. This was mainly deployed in high data traffic areas such as shopping malls and subway stations.
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Mobile and Wireless Backhaul market Segmentation:
Based on the industrial chain, this report mainly indicates the definition, types, applications and major players of Mobile and Wireless Backhaul market in details.
Mobile and Wireless Backhaul Market by Type, 2019-2028, (In USD Million)
Equipment
Services
Mobile and Wireless Backhaul Market by Application, 2019-2028, (In USD Million)
Building-To-Building Connectivity
Cellular Backhaul
Broadband Connectivity Backhaul
Video Surveillance Backhaul
Mobile and Wireless Backhaul market Regional Analysis:
Mobile and Wireless Backhaul market research targets on volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall market analysed on historical data and future growth Aspects. Geographically, Mobile and Wireless Backhaul market report focuses on following key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.
APAC's mobile and wireless backhaul market is projected to grow significantly in the future. Due to the steady increase in mobile data traffic, the Asia-Pacific region tends to have great potential in terms of backhaul deployments as it sees heavy spending in the market. The shift in thinking from traditional wired backhaul to wireless has led to huge investments in the telecommunications industry. With a number of his 5G implementations and initiatives by major Asian mobile operators to solve the problem of high bandwidth requirements, APAC's mobile and wireless backhaul market will witness tremendous growth in the coming years. expected to accomplish.
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Growth Market Overview:
Digital transformation of Mobile and Wireless Backhaul industry verticals requires broadband services, thereby promoting growth. For instance, increasing online commerce for retail goods and services, digitalization of hospital records, e-government initiatives, and rapidly rising platforms for media and entertainment content are notably augmenting the market growth. Wireless technology holds immense potential in accelerating the global digital revolution across verticals through productivity enhancements and cost-effectiveness.
Top Change Bringing Technologies
Industrial Internet of Things
Artificial Intelligence
Just in Time
Smart Packaging
Additive Manufacturing
Predictive Maintenance
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