According to a market report by Lucintel, the future of the global mobile and wireless backhaul market looks promising with opportunities in the equipment and service markets. The global mobile and wireless backhaul market is expected to reach an estimated $57.2 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are growing penetration of digital devices, such as smartphones and other smart gadgets which generate a large amount of data over existing networks, rising trend of economic growth & digitalization around the globe, as well as, rise in the utilization of interconnected devices and advancements in technology.

A more than 150 – page report is developed to understand trends, opportunity and forecast in mobile and wireless backhaul market to 2030 by equipment (microwave, millimeter wave, and sub-6 ghz), network technology (3G and 2G, 4G, and 5G), component (equipment and services), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, 3G and 2G, 4G, and 5G are the major segments of mobile and wireless backhaul market by network technology. Lucintel forecasts that 4G is expected to witness highest growth over the forecast period.

Within this market, services will remain the higher growing segment over the forecast period because the services allows to strategize for a streamlined, integrated, and programmable end-to-end backhaul transport solution that reduces costs and optimizes operational performance.

APAC is expected to witness highest growth over the forecast period due to widespread adoption of small cells, a substantial surge in mobile data traffic, and the growing utilization of point-to-point microwave transmission technologies.

Ericssom, Huawei, Nokia, NEC Corporation, ZTE, Fujitsu, Broadcom, Ceragon, Aviat, and Proxim Wireless are the major suppliers in the mobile and wireless backhaul market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com