The Europe Mobile and Wireless Backhaul Market is Estimated to Grow at a CAGR of 10.1% From 2013 to 2018
FORT WORTH, Texas, December 12, 2014 /PRNewswire/ --
The European mobile and wireless backhaul market is estimated to grow from $3.5 billion in 2013, at a CAGR of 10.1% from 2013 to 2018. The European mobile and wireless backhaul market is primarily driven by dynamic growth in smartphone devices and mobile subscribers in this region.
Browse through the TOC of the European Mobile and Wireless Backhaul market report to acquire an idea of the in-depth analysis provided. It also provides a glimpse of the segmentations in the market, which is supported by various tables and figures.
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Mobile and wireless backhaul is a method by which one can convey information among the end-users nodes and central base station or network access point. An increase in smartphones and other mobile instruments has been provided with alternative networks such as 4G and 3G for quick telecom connectivity. Small cell is a new technology advancement in the mobile wireless technology market that will satiate the high bandwidth needs. The mobile broadband subscribers and subscriber penetration rate are expected to increase at a great pace in the European countries. These subscribers use new applications and services that are available on various platforms of mobile devices, which have increased data traffic. Hence, highly capable and stable backhaul infrastructure will be required in future.
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In the mobile and wireless backhaul market in Europe, growth is related to the High Data Traffic over networks as the usage of mobile internet is increasing annually; hence, to provide with better Internet connectivity, the service providers adopt the LTE service in parallel with the mobile and wireless backhaul technique. As a result, the enterprises have recognized the value of having the mobile and wireless backhaul wireless communication method. Various other factors such as higher affordability of network plans, increase in the number of 4G users, and easy access to the Internet lead to the greater demand of this market. The key enterprises that form a part of this market are Alcatel-Lucent, Ericsson, Huawei, NSN, and others. As of 2014, the U.K. contributes 61.2% to the overall market share of the mobile and wireless backhaul market in Europe region.
The European mobile and wireless backhaul market is segmented and forecast on the basis of Equipment such as Microwave, Millimeter Wave, Sub-6 GHz, Test, and Measurement. The market is further segmented on the basis of Services such as Network services, System Integration, and Professional services. The European mobile and wireless backhaul market has also been segmented on the basis of major countries in this region such as the U.K., Germany, France, and others.
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The Global Mobile and Wireless Backhaul Market is expected to grow from $13,113.0 million in 2013 to $23,297.7 million in 2018 at a CAGR of 12.2% during the period 2014-2018. The market is primarily driven by the growing need in Ethernet backhaul and small cell network which add network capacity.
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