The global mobile backhaul and fronthaul market is anticipated to grow at a significant CAGR during the forecast period 2024-2031. The mobile Backhaul and Fronthaul are a combination of two different parts of a cellular network that are interconnected by optical fiber and applicable to transmit information and data. The mobile backhaul is utilized to create a link between the cellular base station and the core wired network. The mobile fronthaul set up the link between the mobile tower radio and mobile network control backbone.
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The increasing implementation of mobile backhaul and fronthaul in the telecommunication sector and the gradually rising emergence of 5G technology and transportation network infrastructure to empower reconfiguration, flexible and software-defined 5G transport networks are the major factors that are projected to drive the growth of the global market. The growing advent of technological advancement in multi-antenna array technologies and improved cloud RAN (CRAN) and network function virtualization (NVF) solutions are some dominant factors that are anticipated to supplement the growth of the global mobile Backhaul and Fronthaul market during the forecast period. Additionally, to gain low latency, higher broadband, cost-efficient, and dense deployment of 5G networks propels the demand for mobile backhaul and fronthaul. This will contribute to significant growth for the global mobile backhaul and fronthaul market and create enormous opportunities for driving the market during the forecast period.
Besides, the key players present in the global mobile backhaul and fronthaul market including NEC Corporation, Huawei Technologies Co. Ltd., Cisco, Broadcom Inc., and others are adopting various strategies that include product launches, market expansion, research & developments, mergers & acquisitions, among others to remain competitive in the market. For instance, in February 2019, Cisco announced a collaboration with Sprint Corp., an American telecommunication company, to deploy innovative routing technology with the acquisition to support rising backhaul and fronthaul network traffic with the growing emergence of 5G network services in the region.
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Market Coverage
- Segment Covered-
o By Type
o By Application
o By Solution
- Competitive Landscape- NEC Corporation, Huawei Technologies Co. Ltd., Cisco, Broadcom Inc., Nokia Networks, ZTE Corporation, Omnitron Systems Technology, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Mobile Backhaul and Fronthaul Market by Segment
By Type
- Cloud RAN
- Centralized RAN
By Application
- Telecommunications
- Networking
- Others
By Solutions
- Active WDM
- Semi-Passive WDM
- Passive WDM
- Optical Broadcast Network
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