Booming Mobile Data Sets the Tone for Mobile and Wireless Backhaul Market
FREMONT, CA: The latest survey report from Research and Markets – a market research company–suggests that the global mobile and wireless backhaul market can be expected to reach $23.30Bn by 2018 from $13.11Bn in 2013 at a Compound Annual Growth Rate of 12.2 percent, reports Fort Mill Times.
This report titled “Global Mobile and Wireless Backhaul (Microwave, Millimeter Wave, Sub-6 GHZ, Test and Measurement Equipment Market 2013-2018)” indicates that increasing mobile data traffic and demand for greater bandwidth for sending videos over wireless networks are the driving factors for the boom in the mobile communication sector. Long Term Evolution (LTE), abundant availability of smart devices and relentless innovations are key for mobile data traffic growth, the report suggests.
This report provides great insights on market dynamics for the mobile operations and backhaul vendors in the telecommunication industry. It covers key players in wireless market such as such Cisco, Alcatel-Lucent, Huawei, Ericsson, Fujitsu and ZTE.
Wireless backhaul in particular refers to transmission of data from the end-user to a node in a major network like the internet, or like that of an enterprise, academic institution or a government. It also deals with switching from the normal route to a different one in case the normal route is clogged with data traffic. Mobile and wireless backhaul put together facilitate transportation of mobile data traffic.
For telecommunication companies to be successful, they would have to implement high bandwidth channels so that they can haul voice and multimedia traffic rather than hauling just voice-only traffic. Hence, streamlining the backhauling technique is a necessity for the mobile operators and so is the need for providing compatibility with various wireless technologies such as 2G, 3G, High-Speed Packet Access (HSPA) and LTE.
Besides stressing on the global trends in wireless adoption, the report highlights on evolving technologies and venture capital funding.