The global point to multipoint solution market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Point to multipoint solution is an advanced technological approach to cable-free, wireless communication system augmented to bi-directional and channelized features. This system is widely used in the telecommunication sector for providing long-range wireless backhaul solutions and last-mile broadband access in remote locations for efficient connectivity among enterprises.
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The growing emergence of technological advancement in the telecommunication sector at a significant rate and rising government initiatives for an efficient communication system is anticipated to drive the growth of the market. The rising demand for secure, flexible, higher-bandwidth, and long-range wireless connectivity solutions in various private enterprises is further expected to support the market growth and create new opportunities for the global point-to-multipoint solution market. Additionally, the economic cost of equipment and software, easy installation, and exceptionally low maintenance and operational cost are some factors that are projected to surge the demand for point to multipoint solutions and witness substantial growth of the market during the forecast period.
Moreover, the key players present in the global point to multipoint solution market include Ubiquiti Networks (UBNT), Cambium Networks, Huawei Technologies Co. Ltd., and others adopted various strategies that include product launches, mergers & acquisitions, among others to remain competitive in the market. For instance, in October 2019, Proxim Wireless Corp. announced the launch of their first Multipoint 10250 BeamX Series in the market. MP-10250-BSX and MP-10250-SRX are two key products offered by Proxim Wireless Corp. as an extremely efficient point to the multipoint solution with bi-directional beams between the base station and the subscriber unit.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Product Type
o By Application
- Competitive Landscape- Ubiquiti Networks (UBNT), Cambium Networks, Huawei Technologies Co. Ltd., 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 Point to Multipoint Solution Market Report Segmentation
By Product Type
- Wide Area (Macro)
- Small Area (Metro)
By Application
- Government
- ISP
- Enterprises
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
