Global Small Cell Satellite Backhaul Market Expected to Grow with a CAGR of 4.3% Over the Forecast Period, 2019-2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 7, 2020--
The “Global Small Cell Satellite Backhaul Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019 To 2027” report has been added to ResearchAndMarkets.com’s offering.
The global small cell satellite backhaul market was valued at US$ 9.59 Mn in the year 2018 and expected to reach US$ 14.04 Mn by the year 2027, expanding at a CAGR of 4.3% during the forecast from 2019 to 2027.
Rapid Penetration of 5G Network expected to boost uplift the Global Small Cell Satellite Backhaul Market Demand
With the advent of the 5G network, small cell satellite backhaul has gained a rapid pace in the market. High speed, reduced total cost of ownership and improved Quality of Service (QoS) are some of the advanced benefits offered by small cell satellite backhaul. In addition, the plummeting cost of satellite communication on one hand and skyrocketing demand of data, on the other hand, is another major factor contributing to the increased demand for small cell satellite backhaul.
In November 2019, Ericsson quoted that mobile data traffic is projected to reach 160 exabytes per month by 2025. The prime reason behind the growth in mobile data traffic is increasing demand for 5G in the market. 5G is predicted to contribute 45% share in the overall mobile data traffic by 2025. The region with early penetration of 5G is likely to lead the data traffic generation. Further, smartphones predicted to generate 90-95% of the data during the forecast period.
By geography, the global small cell satellite backhaul market covers analysis for North America, Europe, Asia Pacific, and Rest of the World. The Asia Pacific and North America lead the network densification owing to a rapid explosion in the data traffic followed by Europe. Asia Pacific (APAC) being the global leader in the small cell satellite backhaul market will garner significant small cell towers deployment in the near future. In 2017, the APAC region witnessed 58.5% of the global non-residential small cell deployments. In addition, the Asian enterprises anticipated to deploy 2.62 Mn non-residential small cells by 2021 which accounts for around 54% of the total deployment of small cells worldwide.
Global leaders of the global small cell satellite backhaul market are significantly focusing on expanding their services in rural and untapped areas. In the wake of the same, players are moving towards satellite solutions as they provide wide area coverage at an effective cost.
Key Market Movements:
Key Topics Covered:
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Approach Adopted
22.214.171.124. Top-Down Approach
126.96.36.199. Bottom-Up Approach
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Small Cell Satellite Backhaul Market
2.2. Global SCSB Market, by Technology, 2018 (US$ Mn)
2.3. Global SCSB Market, by Service, 2018 (US$ Mn)
2.4. Global SCSB Market, by Geography, 2018 (US$ Mn)
3. Market Dynamics
3.1.1. Global SCSB Market Value, 2017-2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Small Cell Satellite Backhaul (SCSB) Market, by Technology, 2017-2027 (US$ Mn)
5. Global Small Cell Satellite Backhaul (SCSB) Market, by Service, 2017-2027 (US$ Mn)
5.2. Professional Services
5.3. Integration Services
5.4. Network Services
6. North America Small Cell Satellite Backhaul (SCSB) Market Analysis, 2017-2027 (US$ Mn)
7. Europe Small Cell Satellite Backhaul (SCSB) Market Analysis, 2017-2027 (US$ Mn)
8. Asia Pacific Small Cell Satellite Backhaul (SCSB) Market Analysis, 2017-2027 (US$ Mn)
9. Rest of the World Small Cell Satellite Backhaul (SCSB) Market Analysis, 2017-2027 (US$ Mn)
10. Company Profiles
10.1. Huawei Technologies Co. Ltd.
10.2. Ericsson Inc.
10.3. CCS Ltd.
10.4. Ceragon Networks Ltd.
10.6. Siklu Communication Ltd.
10.7. Aviat Networks Inc.
10.8. Nokia Corporation
10.9. Fastback Networks Ltd.
10.10. NEC Corporation
10.11. SIAE MICROELETTRONICA S.p.A.
10.12. VT iDirect Inc.
For more information about this report visit https://www.researchandmarkets.com/r/mk1oln
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SOURCE: Research and Markets
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PUB: 02/07/2020 07:47 AM/DISC: 02/07/2020 07:47 AM