The global mobile and wireless backhaul market is estimated to grow at a CAGR of 14% during the forecast period of 2023 to 2030. The rising demand of connected devices is expected to inject huge growth in the global mobile and wireless backhaul market. Moreover, according to the Institute of Electrical and Electronics Engineers the number of connected device is expected to be around 50 billion by the year 2020. The rising demand of connected devices (like smart phone) is due to having various end user applications such as smart homes, automotive industry and other industrial application.  In addition to this the rising demand for the high bandwidth for easy access of network data is increasing the scope of various wireless technologies such as 4G and 5G networks. According to International Telecom Union there were around 190 million smart phone users in 2015 in the U.S., which are expected to reach 250 million by the end of 2020. The growing demand for smart phone industry is increasing the scope of mobile and wireless backhaul market.

Increasing Mobile Traffic Remains the Most Impactful Driver

Information technology and telecommunication companies across the world are adopting mobile & wireless backhaul technologies, in order to upgrade their network service and increase cell site capacity. According to Cisco Virtual Network Index Study, global mobile traffic grew at an average 47% per annum till 2020. Increasing mobile data would add pressure to telecom and other network operators to increase their existing capacity in order to provide latency & jitter free services to subscribers. The rising mobile data traffic is supplemented by increasing demand for smartphones and various connected devices. Telecommunications, automotive industry, smart homes and manufacturing are leading sectors adopting connecting devices in the medium term. Increasing number of connected devices is amongst driving factors of global mobile and wireless backhaul market. Moreover, the rising demand for the high bandwidth for easy excess of network data is increasing the scope of various wireless technologies such as 4G and 5G networks.

Microwave Equipment & Network Services Remain as the Key Revenue Generating Segment

The global mobile and wireless backhaul market has been segmented on the basis of equipment and services. The equipment segment is further segmented into microwave equipment, millimeter wave equipment, sub-6 ghz equipment, test and measurement equipment. The microwave equipment is the dominating segment in terms of revenues in the year 2020, as it allows cost-efficient as well as fast roll-out of mobile broadband. However, owing to the continuous innovations and availability of additional spectrum, microwave now possess the capability to provide over 1Gbps per site and also has the potential to provide 10 Gbps or beyond. Rising adoption of Ethernet globally is again a major reason for the high revenue generation by microwave equipment market. With respect to services Network services market is anticipated to grow at CAGR 14.4% for forecasted period 2021 to 2029. Network service is the major revenue generator for the service segment and holds more than half of the global market in the service segment. This is majorly due to the rising broadband usage. There is immense rise in the usage (an average 47% increase till 2020 according to CISCO Virtual Network Index studies of mobile data traffic), voice data is already considered as need of large population across the globe.

Highest Revenues in NA, Greatest Opportunities in APAC

North America dominates the mobile and wireless backhaul market holding the largest market share of 40.5% in 2021. The large share of North America is mainly due to increasing technological innovations by the big players such as AT&T (eg., 4G VoLTE). Growing strategic moves of such companies is increasing the growth in the global mobile and wireless backhaul market, innovation in technology and mergers and acquisition are increasing the market share of the key players. Asia Pacific region is expected to grow with highest CAGR (14.6%) in the forecast period, followed by ROW and Europe, the high growth in Asia Pacific countries is driven by the increasing demand of smart phones within the region. Ample technological advancements are increasing the growth of the Asia Pacific mobile and wireless backhaul market. However, the ROW region is also expected to grow with a huge pace, due to ample advancements in technology which drives the growth in the global wireless backhaul technology market.

Highly Fragmented Market Moving Towards Consolidation

The global mobile and wireless backhaul market is highly fragmented, as it has huge number of small domestic vendors to global giant players such as Ericsson, Huawei technologies, Nokia Networks (Alcatel lucent), NEC global and Cisco Systems Inc.; apart from companies such Fujitsu and ZTE corporation which are actively contributing and generating significant revenues. These companies are trying to adopt new technologies to increase their global presence. Acquisitions remain as one of the key strategies that enable innovations and expansion across the globe.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Mobile And Wireless Backhaul market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Mobile And Wireless Backhaul market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Mobile And Wireless Backhaul market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Mobile And Wireless Backhaul market?
• Which is the largest regional market for Mobile And Wireless Backhaul market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Mobile And Wireless Backhaul market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Mobile And Wireless Backhaul market worldwide?