2014-01-10 06:47:01 - Mobile and Wireless Backhaul Market - a new market research report on companiesandmarkets.com
Nowadays, mobile operators are ready to increase investments in their backhaul networks, and this presents huge opportunity for equipment vendors as well as service providers in the backhaul space. In addition, with the rising popularity of small cells and Long-Term Evolution (LTE) deployments, the Mobile and Wireless Backhaul Market is ready to embrace new backhaul technology players who can offer cost-effective and high-performance solutions, especially in the small-cell space.
It is forecast the Global mobile and wireless backhaul market to grow from $13.11 billion in 2013 to $23.3 billion by 2018, at a Compound Annual Growth Rate (CAGR) of 12.2%. The North American region in the Mobile and Wireless Backhaul market is expected to hold the largest market size, and over
the next 5 years, the Latin American region is expected to experience highest traction in terms of growth.
Mobile and wireless backhaul refers to a section of mobile and wireless networks, which facilitates the transportation of mobile data traffic. With continuous increase in deployment of 4G/LTE, popularity of small cells, and availability and usage of smart devices, the mobile operators are facing challenges with traditional legacy backhaul networks. Up-gradation of wireless technology alone is not sufficient for delivering quality services to customers, so mobile operators have to go for evolved backhaul networks.
In the present scenario, mobile and wireless backhaul networks are evolving from hauling voice-only traffic to voice and video traffic. This transition requires high-bandwidth capacity to accommodate such large data traffic along with maintaining the delivery of quality mobile services to the end customer. Mobile operators in the wireless industry are bound to boost their backhauling techniques and make huge investments in their networks to support profitability with performance. Also, in order to improve revenue growth, the operators need to uphold the networks compatible with 2G, 3G, High-Speed Packet Access (HSPA), Long-Term Evolution (LTE) technologies.
The market is booming, and in the near future it will present momentous potential opportunity to various mobile operators, backhaul equipment vendors, and service providers.
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