The Mobile And Wireless Backhaul by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Mobile And Wireless Backhaul, 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.
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.
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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
Major companies operating in the mobile and wireless backhaul market are developing new solutions such as 128TR antenna arrays to address the evolving needs of the telecommunications industry. These solutions cater to various scenarios, including traffic hotspots, site wireless backhaul, and fixed wireless access. For instance, in February 2023, ZTE Corporation, a China-based technology company, launched a 128TR antenna array and other innovative products for increased capacity, mmWave solutions for various scenarios, and multi-band backhaul options to enhance reliability and distance. Notable offerings include the 12TR tri-sector Ultra Broadband Radio (UBR) for streamlined 5G site solutions, serial high-power UBR products for RAN sharing, 5G UniSite solution for helping operators build a simplified, efficient, and collaborative 5G network.
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 – Macro Economic Scenario
5. Global Mobile And Wireless Backhaul Market Size and Growth
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31. Global Mobile And Wireless Backhaul Market Competitive Benchmarking
32. Global Mobile And Wireless Backhaul Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Mobile And Wireless Backhaul Market
34. Mobile And Wireless Backhaul Market Future Outlook and Potential Analysis
35. Appendix
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