- The key vendors in the global mobile backhaul equipment market 2015-2019 are Ericsson, Nokia Siemens Network, Huawei, Alcatel-Lucent, and Cisco
London, 06 October 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global mobile backhaul equipment market 2015-2019. Inclination of telecom vendors toward millimeter wave solutions is one of the major trends being witnessed in this market. There is an increase in the use of millimeter wave for backhaul of small cells and macrocells. The millimeter wave equipment works on unlicensed E-band, licensed E-band, and W-band. The global mobile backhaul equipment market is expected to grow at a CAGR of 2.30% between 2015 and 2019.
The market will grow steadily during the forecast period because of the proliferation of small cells and growth in the mobile data traffic. LTE plays an important role in the mobile backhaul equipment market. Mobile data rate increases with the increase in deployment of LTE networks. Thus, vendors require backhaul equipment for the transportation of data.
“The increase in the number of mobile applications, smartphone shipments, and bandwidth-heavy services is expected to drive the mobile data traffic during the forecast period,” says Faisal Ghaus, Vice President of Technavio Research.
“Most operators are able to meet the rising data traffic by deploying advanced HSPA, HSPA+, and LTE technologies.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Mobile Backhaul Equipment Market 2015-2019, please send an e-mail to media@TechNavio.com
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