MarketsandMarkets forecasts the global Mobile and Wireless Backhaul Market size to grow from USD 9.3 billion in 2020 to USD 15.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period. Mobile and wireless backhaul refers to the network section, which enables transportation of mobile data traffic. With the rise in the deployment of 5G, popularity of small cells, and exponential rise in usage of smart devices, mobile operators are facing cost-related challenges with wired backhaul networks. The implementation of wireless technology for backhaul networks is based on delivering quality services to customers, leading to growth of the market.
By Componente, the Equipment segment to hold the larger market size during the forecast period
The Equipment segment of the Mobile and wireless backhaul Market is projected to hold the larger market size during the forecast period. The mobile and wireless backhaul market consists of hardware equipment which can carry signals through links between two cell sites. Depending upon various factors, such as frequency, capacity, range, and data transmission rate, a wireless backhaul equipment makes it easier to install backhaul services in geographies where fiber deployment is not possible.
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By Services, the Design and Consulting segment to record the highest growth rate during the forecast period
Under the Services segment, the designing and consulting segment is expected to dominate the market during the forecast period. The designing and consulting services help clients achieve a strong business mechanism and decision-making skills.They help in lowering risks, reducing complexities, and raising Return on Investments (RoIs). They can be customized, are easily applicable, and deliver maximum product assurance.
The key and emerging market players in the Mobile and wireless backhaul market Ericsson(Sweden), Huawei(China), Nokia(Finland), NEC Corporation(Japan), ZTE(China), Fujitsu(Japan), Broadcom(US), Ceragon(Israel), Aviat(US), SIAE(Italy), Proxim Wireless(US), Intracom Telecom(Greece), AR RF/Microwave Instrumentation(US), Redline(Canada), DragonWave-X(US), E-Band(US), CBNG(UK), Radwin(Israel), CableFree(UK), CommScope(US), CCS(UK), Siklu(US), Blu Wireless(US), Fastback(US), Eravant(US), BLiNQ(Canada), and EC SYSTEM(Czech Republic). These players have adopted various strategies to grow in the global VaaS market.
Ericsson is one of the leading providers of LTE and 5G technologies and services for private networks. The company provides a range of offerings that includes 5G transport, local core network and radio access network equipment for campus coverage. Ericsson also provides managed services for private networks, using AI and automation to boost quality and operational efficiency. To provide ubiquitous and high capacity 5G and 4G connectivity services across cities and remote areas, Ericsson offers a range of solutions under its mobile transport offerings.
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Huawei is one of the leading providers of telecommunications equipment and wireless technology. The company offers varied solutions to CSPs that enable business enhancement and transformation to 5G network services. It provides the enterprise microwave solution, which is used by various industries for wireless backhaul connectivity. The solution encompasses the RTN radio equipment series that can support 5G and 4G connectivity services across verticals such as government, oil and gas, education, and electric power.
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