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Wireless and Mobile Backhaul Equipment Market Trends

Report ID: GMI9574
Published Date: May 2024
Report Format: PDF

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Wireless and Mobile Backhaul Equipment Market Trends

With the increasing demand for higher data rates and capacity, there is a trend toward the adoption of higher frequency bands, such as millimeter-wave spectrum, for wireless backhaul. These frequency bands offer greater bandwidth and throughput, enabling operators to support the growing demand for high-speed connectivity and accommodate the bandwidth-intensive applications of 5G networks. There is a noticeable trend toward the deployment of fiber-optic solutions for mobile backhaul, driven by the need for higher capacity, lower latency, and improved reliability. Fiber-optic technology offers superior performance compared to traditional microwave solutions, making it well-suited for supporting the bandwidth requirements of advanced wireless technologies such as 5G. As a result, operators are investing in fiber-optic backhaul infrastructure to future-proof their networks and deliver seamless connectivity to end users.

Another trend in the wireless and mobile backhaul equipment market is the increasing adoption of virtualization and software-defined networking (SDN) technologies. This trend involves the virtualization of network functions and the use of software-defined approaches to efficiently manage and orchestrate backhaul networks. By virtualizing network functions such as routing, switching, and optimization, operators can achieve greater flexibility, scalability, and cost-effectiveness in deploying and managing backhaul infrastructure.

SDN technologies enable dynamic allocation of resources, automated provisioning, and centralized management of network functions, allowing operators to effectively adapt to changing traffic patterns and service demands. This trend is driven by the need to support diverse use cases, optimize network performance, and reduce operational expenses in a rapidly evolving wireless landscape, characterized by the proliferation of connected devices, IoT applications, and emerging technologies such as 5G and edge computing.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for wireless and mobile backhaul equipment was USD 36.5 billion in 2023 and is expected to register over 12% CAGR from 2024-2032 owing to the escalating demand for high-speed internet and mobile data services, spurred by the exponential growth of data traffic worldwide.

Wireless and mobile backhaul equipment industry from the network services segment is expected to register over 12.2% CAGR from 2024-2032 due to its critical role in enabling the delivery of reliable, high-performance communication services.

North America market held over 25% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to highly developed telecommunications infrastructure and a strong focus on technological innovation in the region.

Nokia Corporation, Huawei Technologies Co., Ltd., Cisco Systems, Inc., Fujitsu Limited, and Ericsson AB, are some of the major wireless and wireless and mobile backhaul equipment companies worldwide.