Mobile and Wireless Backhaul Market : Drivers, Restraint, Opportunities, and Challenge

he mobile and wireless backhaul market size is expected to grow from USD 17.85 Billion in 2015 to USD 33.15 Billion in 2020, at a compound annual growth rate (CAGR) of 13.18%.

(EMAILWIRE.COM, July 27, 2018 ) The mobile and wireless backhaul market size is expected to grow from USD 17.85 Billion in 2015 to USD 33.15 Billion in 2020, at a compound annual growth rate (CAGR) of 13.18%. The mobile and wireless backhaul solutions are gaining traction due to the high volume of data generated over the present networks because of increasing use of smart phone and other smart devices. Most operators have started deploying small cells and Wi-Fi devices to utilize the free spectrum and distribute the network load. To support these devices, a highly efficient mobile/wireless backhaul is required, which has increased the adoption of mobile and wireless backhaul equipment and services.

The mobile and wireless backhaul market has been segmented by equipment type, by service, by region, and by country. In terms of equipment, microwave equipment is expected to dominate the market with highest market size, as it has been deployed by most of the operators to offer efficient backhaul services. In terms of services, system integration services are estimated to exhibit the highest growth rate as they enable the end users to meet their specific needs of network structure and planning.

New agreements, partnerships, and collaborations are one of the key strategies adopted by the industry players to achieve growth in the mobile and wireless backhaul market. This strategy accounted for most of the share of all the growth strategies adopted by the market players. The rising demand for a higher spectrum bandwidth from all sorts of organizations and businesses has compelled the solution vendors to develop highly efficient mobile and wireless backhaul systems, which can support overloaded present networks. Besides partnerships and agreements, companies also adopted the strategy of new product launches and mergers and acquisitions to enter new markets.

The recent trend in the industry shows that there is a rapid growth in data services and steady growth in voice traffic. There is a need for service providers to adopt new technologies to generate high revenues. Mobile and wireless backhaul can solve the existing problem by providing better bandwidth, attractive cost, and other services. Key players in the mobile and wireless backhaul market are Alcatel-Lucent, Cisco, Ericsson, Fujitsu, ZTE, Huawei, and others. Their offerings span over packets, wireless, and Internet Protocol (IP) among others. These services provide flexibility, simplicity, scalability, at the lowest cost.