The global ethernet backhaul equipment market is expected to reach USD 4,478 million in 2022 and USD 48,677 million by 2032, growing at a CAGR of 26.9% over that phase. Earlier, this market witnessed a CAGR of 25.6% during the historical period.
The sales of ethernet backhaul equipment are projected to rise as it is affordable, simple to deploy, and easy to maintain. Furthermore, it is used in enterprise local area networks to transport data. Backhaul technologies such as fiber ethernet, microwave, and digital subscriber line (DSL) are deployed to provide connectivity between consumer premises equipment and core networks. As a result, the demand for ethernet backhaul equipment is anticipated to rise during the forecast period.
Report Attribute | Details |
---|---|
Ethernet Backhaul Equipment Market Historical Growth Rate (2016-2021) | 25.6% |
Ethernet Backhaul Equipment Market Value (2022) | USD 4,478 million |
Ethernet Backhaul Equipment Market Anticipated Forecast Value (2032) | USD 48,677 million |
Ethernet Backhaul Equipment Market Projected Growth Rate (2022 to 2032) | 26.9% |
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The demand for ethernet backhaul equipment is projected to grow thanks to the development of 3G and 4G services, which is likely to fuel the market growth during the projected period. Furthermore, the requirement for bulk voice and data transfers between locations has grown due to network technology advancements and modern communications. These factors are primary drivers boosting the ethernet backhaul equipment market share during the forecast period.
The rising need for constant connectivity and the rapid adoption of 3G and 4G (Long-Term Evolution) networks have accelerated the demand for ethernet backhaul equipment. Mobile data traffic has expanded along with computer and smartphone usage, stimulating the demand for quick and dependable connectivity. Small cells and other technological developments are required to meet the increased bandwidth demands, which further propels the sales of ethernet backhaul equipment.
High data traffic growth due to high adoption by enterprises and an increase in application in government sectors and educational institutions are enabling the growth in revenue of the global ethernet backhaul equipment market.
The demand for ethernet backhaul equipment is anticipated to have improved revenue growth as customers are becoming additionally conscious of connected gadgets and the need to keep in contact even in remote areas.
The expansion and revenue of the global Ethernet backhaul equipment market are being expedited by the high data traffic growth brought on by high enterprise adoption, growth in application in government and educational institutions, and high adoption by enterprises.
The launch of 5G provides a significant opportunity for the ethernet backhaul market players. Data traffic is driven by the rising popularity of data-intensive services like video on demand, internet streaming, and video connection. By installing tiny cells, network operators utilize Wi-Fi to offload traffic onto the unlicensed spectrum, which relieves congestion on the licensed spectrum and macro-cells.
The global economic expansion and digitization trend have produced many opportunities for ethernet backhaul configuration. In addition, it is anticipated that ethernet backhaul equipment will become a widely used method for data transfer, increasing demand for this market throughout the forecast period.
North America now rules the global ethernet backhaul equipment market, and this dominance is anticipated to last during the forecast period. North America holds a sizable portion of the market and obtains about 30.4% market share. The demand for ethernet backhaul equipment is growing primarily as a result of the spread of small cells, a sharp rise in data traffic, a rising telecommunication industry, and an upsurge in the use of point-to-point microwave transmission technology.
Owing to Europe’s substantial share in the global ethernet backhaul equipment market, which is close to 24.5%, it is anticipated to outpace the North American market in terms of revenue. Additionally, during the forecast period, this region is anticipated to exhibit the greatest opportunity.
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Business models evolve, sometimes due to changes in the market and other times due to technological developments, giving rise to exciting new trends. These market trends for ethernet backhaul equipment are the consequence of several new start-ups that have just entered the industry. Several big corporations also aid start-ups with new developments.
For instance, a US-based start-up called Altran that sells ethernet backhaul equipment is supported by Capgemini. It offers fiber optic transmission systems, microwave and millimeter wave radio systems, and wireless backhaul solutions. With new and market-disruptive complete ODU and high capacity IDU microwave backhaul technology enabling Carrier Ethernet MEF2.0 Services, the start-up hoped to gain a sizable market share quickly.
Players involved in the ethernet backhaul equipment market sector are increasingly engaged with strategies like targeted marketing, CSR initiatives, etc., to increase global prominence. The fact that these businesses are now aiming to handle a specific business-related activity in a country that offers advantageous legislation is a clearly discernible trend that is being noted across the board. By doing this, it enables the aforementioned enterprises to save expenses while retaining industry experts for each crucial stage of their respective organizations. Several organizations are putting their best effort into developing and improving ethernet backhaul equipment configuration.
Example:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 26.9% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Technology, Product Type, Size of Enterprise, Application, Region |
Regions Covered | North America; Latin America; The Asia Pacific; Middle East and Africa; Europe |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
Key Companies Profiled | NEC Corporation; Ericsson; Huawei Technologies; Alcatel-Lucent; Ceragon Networks; Cisco Systems Inc.; Actelis Networks; Adtran Adva Optical Networking; Alvarion; Aviat Networks; BridgeWave Communications; Cambridge Broadband Networks; Canoga Perkins; DRS Technologies; General dynamics; L-3 communications; MicroStrategy Nippon Avionics; OMRON; Raytheon company; Sofradir; TestoAG; Texas Instrument; Vigo systems; Celtro |
Customization | Available Upon Request |
The global ethernet backhaul equipment market is expected to grow at a CAGR of 26.9% (2022-2032).
With a 30.4% market share, North America governs the ethernet backhaul equipment market.
Global ethernet backhaul equipment market is likely to reach USD 48,677 Mn by 2032.
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