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Wireless and Mobile Backhaul Equipment Market on Track for Strong Growth, Estimated to Grow at 11.5% CAGR Through 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Wireless and Mobile Backhaul Equipment Market Through 2025?
The market for wireless and mobile backhaul equipment has witnessed considerable expansion in recent times. The market size is forecasted to increase from a valuation of $41.84 billion in 2024 to $46.36 billion in 2025, representing a compound annual growth rate (CAGR) of 10.8%. Factors such as rising bandwidth requirements, regulatory influences, the integration of fiber-based backhaul, the shift towards LTE networks, and the need for low latency have contributed to the growth during the historic period.
What's the Projected Size of the Global Wireless and Mobile Backhaul Equipment Market by 2029?
The market for backhaul equipment in wireless and mobile is anticipated to witness substantial expansion in the immediate future. With a Compound Annual Growth Rate (CAGR) of 11.5%, it is predicted to reach a value of $71.65 billion by 2029. The amplification in the projected timeframe is linked to factors such as the spread of small cell technology, enhancement of wireless spectrum efficiency, extended market reach in developing regions, improved security measures and support for distant employees. The forecast period is also expected to see significant trends such as the spread of the 5G network, increased traffic of mobile data, the development of fiber-based backhaul systems, the need for edge computing, and the increase in demand for cloud services.
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Top Growth Drivers in the Wireless and Mobile Backhaul Equipment Industry: What's Accelerating the Market?
The expected growth of the wireless and mobile backhaul equipment market is projected to be spurred on by the rise in the adoption rate of 5G networks. 5G is the term used to denote the fifth generation of broadband cellular network technology, which delivers high-speed connections with low latency. The growing application of these 5G networks is leading to an upsurge in mobile data traffic and the production of extensive data quantities, which in turn is driving the need for fast and dependable connectivity. This need is presenting an opportunity for vendors in the mobile and wireless backhaul sectors to improve their services. For example, a recent Mobility Report from Ericsson, a telecommunications company based in Sweden, predicts that the global count of 5G subscriptions will exceed one billion in 2022. As a result, the wireless and mobile backhaul equipment market is witnessing growth driven by the escalating adoption levels of 5G networks.
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What Trends Will Shape the Wireless and Mobile Backhaul Equipment Market Through 2029 and Beyond?
The rise of technological innovation is a key trend in the wireless and mobile backhaul equipment market. Many primary market players are introducing novel technologies like the MultiHaul TG product series, which uses point-to-point (PtP) connectivity for physical security and smart city programs that rely on gigabit wireless technology. For example, in March 2022, Israel-based company Siklu, specializing in gigabit wireless backhaul solutions, launched the MultiHaul TG product series. These products offer multi-gigabit capacity, immunity to interference, and a large spectrum for straightforward deployment of solutions with mesh topology for physical security and smart city purposes. The MultiHaul TG product line also comprises L2 SDN mesh.
What Are the Main Segments in the Wireless and Mobile Backhaul Equipment Market?
The wireless and mobile backhaul equipmentmarket 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
Subsegments:
1) By Microwave Equipment: Point-To-Point Microwave, Point-To-Multipoint Microwave
2) By Sub-6 GHz Equipment: 3G Or 4G LTE Backhaul Solutions, Wi-Fi Backhaul Solutions
3) By Millimeter Equipment: E-Band Equipment, V-band Equipment
4) By Test And Measurement Equipment: Network Performance Testing Tools, Signal Analyzers, Spectrum Analyzers
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Which Top Companies are Driving Growth in the Wireless and Mobile Backhaul Equipment Market?
Major companies operating in the wireless and mobile backhaul equipment market are Cisco Systems Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., ZTE Corporation, Fujitsu Limited, BridgeWave Communications Inc., ECI Telecom Ltd., SkyFiber Networks, Telco Systems, 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., Radwin Ltd., Siklu Communication Ltd., Tarana Wireless Inc., Cambium Networks Ltd., Ceragon Networks Ltd., Blu Wireless Technology Ltd., E-Band Communications LLC, LightPointe Communications Inc., Anova Technologies Co. Ltd., AOptix Technologies Inc.
Which Regions Will Dominate the Wireless and Mobile Backhaul Equipment Market Through 2029?
North America was the largest region in the wireless and mobile backhaul equipment market in 2024. The regions covered in the wireless and mobile backhaul equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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