Point-to-Multipoint Microwave Backhaul Systems Market – Introduction
- Point-to-multipoint microwave backhaul system is an advanced communication system that is used to transmit information or data between two users based on radio links. Point-to-multipoint microwave backhaul systems are majorly adopted by mobile operators to transfer or process huge data traffic on targeted communication links.
- A point-to-multipoint microwave backhaul system enables companies to transfer large data on secured communication links with optimizing the overall cost of data transfer. A point-to-multipoint microwave backhaul system is a cost-effective data transfer medium for mobile operators to manage one-to-one and one-to-many data transfer processes.
- A point-to-multipoint microwave backhaul system operates on different frequencies such as 10.5 GHz, 26 GHz, 28 GHz, and 60 GHz as per the demand of mobile operators. Solution providers are offering a customized solution in a wide area (macro) mobile backhaul, small cell (metro) mobile backhaul, enterprise access network, private access networks, and mixed mobile backhaul & access networks.
- Wireless internet or network providers are investing in new technologies to increase their network capacity and an increase in rate of adoption of smart devices is expected to create significant opportunities for point-to-multipoint microwave backhaul systems during the forecast period.
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Key Drivers of Point-to-Multipoint Microwave Backhaul Systems Market
- Increase in investment by mobile operators in advanced communication technology to increase network capacity and a rise in the demand for high-speed internet services in commercial as well as residential sectors are expected to drive the point-to-multipoint microwave backhaul systems market
- Increase in demand to reduce the overall communication infrastructure and data transfer process cost is expected to boost the demand for point-to-multipoint microwave backhaul systems among companies
- Rise in consumer spending on advanced telecommunication systems to provide consistent data transfer services is estimated to offer significant opportunities to point-to-multipoint microwave backhaul systems providers
Lack of network infrastructure and high initial capital investment to hinder point-to-multipoint microwave backhaul systems market
- Lack of network infrastructure of mobile operators in developing countries is expected to restrain the point-to-multipoint microwave backhaul systems market
- Low adoption of advanced communication technologies in small & medium enterprises due to high initial capital investment for implementation of new technologies is also expected to hamper the point-to-multipoint microwave backhaul systems market
Impact of COVID-19 on Global Point-to-Multipoint Microwave Backhaul Systems Market
- Large enterprises are investing more in telecommunication and data transfer solutions based on 4G and 5G technologies to provide the necessary communication services during COVID-19 conditions. Companies are increasing network capacity to cater to the increased demand for faster internet service during the COVID-19 period. The ever-increasing threat of COVID-19 is projected to fuel the demand for point-to-multipoint microwave backhaul systems solutions and services in the next few years.
North America to Hold Major Share of Global Point-to-Multipoint Microwave Backhaul Systems Market
- North America holds a prominent share of the global point-to-multipoint microwave backhaul systems market due to the early adoption of advanced telecommunication systems in major mobile operators and network service providers and also owing to the presence of major solution providers in the region
- The point-to-multipoint microwave backhaul systems market in Asia Pacific is projected to expand at a rapid pace during the forecast period due to an increase in rate of adoption of smart communication systems among existing commercial infrastructure and increase in investment by major players in telecommunication systems for maintaining their market position.
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Key Players Operating in Global Point-to-Multipoint Microwave Backhaul Systems Market
- Airspan Networks Inc.
Airspan Networks Inc. is a global provider of telephone switching equipment and develops radio access network technology solutions. The company offers a wide range of solutions such as 5G solutions, open architecture, network densification, indoor coverage solutions, rural solutions, and CBRS.
- NEC Corporation
NEC Corporation was founded in 1899 and is based in Tokyo, Japan. The company is a leading global provider of electronics and information technology solutions. The company offers a wide range of solutions in embedded systems, network products, unified communication, data storage solutions, and software solutions for mobile operators and network solution providers.
Other key players operating in the global point-to-multipoint microwave backhaul systems market include Redline Communications Group Inc., Exalt Wireless, Inc., Huawei Technologies Co., Ltd., Cambridge Communication Systems Limited, and Ericsson AB.
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