The growing number of internet users, combined with increasing applications of point-to-multipoint microwave backhaul in defense sector will also impact the growth of the market positively.
Albany, NY -- (SBWIRE) -- 10/10/2017 -- The global point-to-multipoint microwave backhaul market is likely to grow at a CAGR of over 7.5% and reach US$ 930 mn in revenues. The global market continues to be influenced by a wide range of global, regional, and local factors. A new report, titled, "Global Market Study on Point-to-Multipoint Microwave Backhaul: Wide Area (Macro) Mobile Backhaul Segment Projected to be the Most Attractive Segment by End-User Solution Type" has been added to the vast repository of Market Research Reports Search Engine (MRRSE). The report offers comprehensive insights on how the market is projected to grow during the forecast period 2017-2025.
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According to the report, increase in deployment of small cells, combined with their low pricing vis-à-vis optical fibers are key factors driving adoption among end-users. The growing number of internet users, combined with increasing applications of point-to-multipoint microwave backhaul in defense sector will also impact the growth of the market positively. Increase in spending on ICT is also contributing to the growth of this market. Although the outlook on the global point-to-multipoint microwave backhaul market is positive, few factors can restrain its growth. These include limited capital investments and pervasiveness of optical fibers in many regions of the world.
To offer readers comprehensive insights on the global point-to-multipoint microwave backhaul market, the report offers segment-wise analysis and forecast. The segmentation has been done on the basis of component, frequency, end user, end user solution type, and region.
By component, hardware segment accounts for the highest revenues, whereas growth in the software segment is likely to grow at a high CAGR. The hardware segment is projected to reach nearly US$ 540 mn in revenues by 2025. The software segment is likely to grow at a CAGR of nearly 9% during the forecast period.
By end user solution type, wide area (macro) mobile backhaul segment accounts for a significant revenue share of the market. On the other hand, demand for small cell mobile backhaul systems is poised to grow at a higher pace during the forecast period.
On the basis of frequency, the key segments include 19GHz-42GHz and 10GHz-18GHz. Among these the latter accounts for a higher revenue share, whereas the former is likely to grow at a higher CAGR during the forecast period.
By end user, telecom operators segment will continue to dominate the market in terms of revenues, whereas demand from internet service providers is likely to grow at over 8% CAGR throughout the forecast period.
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Asia Pacific remains the most lucrative region for global point-to-multipoint microwave backhaul market. Other key markets are North America and Europe. The market in GCC and Latin America is growing at a brisk pace.
The key companies in this market include Exalt Wireless, Inc., Huawei Technologies Co., Ltd., Ericsson AB, Cambridge Communication Systems Limited Redline Communications Group Inc., Dragonwave Inc., Nokia OYJ, NEC Corporation, Intracom S.A. Telecom Solutions, and Cambridge Broadband Network Limited.
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