New York, NY -- (SBWire) -- 10/24/2017 --An exhaustive market evaluation put forth by Persistence Market Research on the point-to-multipoint microwave backhaul market in a new research publication titled "Point-to-Multipoint Microwave Backhaul Market: Global Industry Analysis 2012-2016 and Forecast 2017–2025" focuses on the impact of drivers, challenges, restraints, trends and opportunities on the global market along with key player analysis during the 2017-2025 period. A detailed market segmentation is included in the research study with which value and volume analyses of various categories is possible. The global point-to-multipoint microwave backhaul market is expected to grow at a significant growth rate across the major geographies of North America, Latin America, Europe, Asia Pacific and Middle East and Africa (MEA).
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Global Point-to-Multipoint Microwave Backhaul Market: Growth Analysis
The global point-to-multipoint microwave backhaul market is impacted by several aspects that have a direct or indirect influence over its growth. The global market is poised to reflect a robust growth rate during the forecast period, which infers a much positive impact of the market factors. The increasing number of small cell deployment, rise in digitalization, increasing internet usage and rise in a networked society, increasing number of internet users even from remote areas, low pricing of microwave backhaul as compared to optical fibers, increasing use of microwave backhaul in the military sector and broad bandwidth, along with increase in ICT spending on a global scale have a positive impact on the growth of the global point-to-multipoint microwave backhaul market. However, with the pros, few cons ride along that pose challenges pulling the growth of the market. To name a few factors, the slow yet rising adoption of optical fibers in developed countries like North America, lack of capital investment and recurring license expenses are few restraints affecting the growth of the global market.
Global Point-to-Multipoint Microwave Backhaul Market: Forecast
The global point-to-multipoint microwave backhaul market is anticipated to reflect a revenue growth of US$ 927.3 Mn in 2025 from US$ 517.8 Mn in 2017, and is expected to witness a significant growth rate by registering a CAGR of 7.6% throughout the period of forecast, 2017 to 2025.
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Global Point-to-Multipoint Microwave Backhaul Market: Segmental Analysis
The global point-to-multipoint microwave backhaul market is segmented by component, end user solution type, end user, frequency and region. By component, it covers hardware, software and services. By end user solution type, wide area (macro) mobile backhaul and small cell (metro) mobile backhaul segments are included. With respect to end user, telecom operators and internet service providers are covered. By frequency, 6GHZ-9GHz, 10GHz-18GHz and 19GHz- 42GHz segments are included. North America, Latin America, Europe, Asia Pacific and Middle East and Africa (MEA) are covered in the regions category.
The global point-to-multipoint microwave backhaul market is projected to register a CAGR of 7.6% during the period of forecast of 2017 to 2025 and is expected to reach a value of US$ 927.3 Mn by the end of 2025. According to Persistence Market Research, the providers involved in the point-to-multipoint microwave backhaul market can focus on expansion in GCC countries as well as in North Africa, Latin America and South Africa as the growth rate of the point-to-multipoint microwave backhaul market is high and promising.
Small cell mobile backhaul segment to show good pace
Small cell (metro) mobile backhaul segment by end user solution type is anticipated to grow at an extremely high growth rate during the period of forecast 2017 to 2025 and is poised to register a CAGR of 9.0%. However, by the end of 2025, the wide area (macro) mobile backhaul segment is expected to record higher market share by revenue thus dominating the global point-to-multipoint microwave backhaul market with respect to end user solution type. The year on year growth of the small cell mobile backhaul segment is also expected to be higher than wide area (macro) mobile backhaul segment by the end of 2025; however its market share by revenue is almost half of the market share of wide area (macro) mobile backhaul segment.
Point-to-Multipoint Microwave Backhaul Market: Insights Into the Competitive Scenario of the Market