The Wireless Backhaul Equipment Market is Predict to reach $80.3 Billion by 2030, at a CAGR of 12.3%

Wireless Backhaul Equipment Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Wireless Backhaul Equipment Market size is expected to reach $80.3 billion by 2030, rising at a market growth of 12.3% CAGR during the forecast period.

The Millimeter waves (mmW) segment would exhibit a CAGR of 12.9% during (2023 - 2030). MmWave frequencies offer significantly higher bandwidth compared to traditional microwave frequencies. This increased bandwidth translates to higher data rates, making mmWave technology well-suited for applications that require ultra-fast connectivity, such as high-definition video streaming, virtual reality (VR), and augmented reality (AR). Thus, these aspects will lead to increased demand in the coming years.

The Equipment segment is generating highest revenue in the Global Wireless Backhaul Equipment Market, By Offering in 2022; thereby, achieving a market value of $50.3 billion by 2030. The continuous expansion of mobile networks, driven by the proliferation of smartphones and the increasing demand for mobile data, fuels the need for advanced wireless backhaul equipment. Additionally, the deployment of broadband networks in urban and rural areas contributes to the growing demand for equipment that can handle high data traffic. These factors will boost the demand in the segment.

The Transportation & Logistics segment is experiencing a CAGR of 11.4 % during (2023-2030). Smart logistics solutions leverage wireless backhaul technology to optimize supply chain operations. Real-time tracking of shipments, inventory management, and coordination between various elements in the logistics chain requires reliable and high-speed connectivity, which wireless backhaul networks provide. As a result, there will be increased demand in the segment.

Full Report: https://www.kbvresearch.com/wireless-backhaul-equipment-market/

The Asia Pacific region dominated the Global Wireless Backhaul Equipment Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $30.9 billion by 2030. The North America region is anticipated to grow at a CAGR of 11.9% during (2023 - 2030). Additionally, The Europe region would witness a CAGR of 12.1% during (2023 - 2030).

List of Key Companies Profiled

• Cisco Systems, Inc.
• Qualcomm Incorporated
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• ZTE Corporation
• Juniper Networks, Inc.
• Ericsson AB
• RADWIN
• Qorvo, Inc.
• SIA Mikrotīkls
• Fujitsu Limited

Wireless Backhaul Equipment Market Report Segmentation

By Frequency Band

• 6GHz to 42 GHz
• 4GHz to 11 GHz
• Millimeter waves (mmW)

By Offering

• Equipment
• Services

By Industry

• Transportation & Logistics
• Government & Defense
• Commercial
• Telecommunications
• Healthcare
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Wireless Backhaul Equipment Market Size, 2030

• January-2024
• 109 Pages

LAMEA Wireless Backhaul Equipment Market Size, Share 2030

• January-2024
• 119 Pages

Europe Wireless Backhaul Equipment Market Size, Share, 2030

• January-2024
• 116 Pages

Asia Pacific Wireless Backhaul Equipment Market Size, 2030

• January-2024
• 118 Pages