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Global Small Cell Satellite Backhaul Market Will Reach USD 7.2 Million by 2024: Zion Market Research(July 11, 2018)
According to the report, the global small cell satellite backhaul market was valued at around USD 5.4 million in 2017 and is expected to reach approximately USD 7.2 million in 2024, growing at a CAGR of slightly above 4.0% between 2018 and 2024.
New York, NY, July 11, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Small Cell Satellite Backhaul Market by Technology (2G, 3G, 4G, and 5G) and by Service (Equipment, Integration services, Professional services, and Network services) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024’’. According to the report, the global small cell satellite backhaul market was valued at around USD 5.4 million in 2017 and is expected to reach approximately USD 7.2 million in 2024, growing at a CAGR of slightly above 4.0% between 2018 and 2024.
Small cells give adaptability and increased “Quality of Service” capabilities at an affordable price. Executing a small cell framework is additionally more environment-friendly as it will decrease the number of installed cell towers and provides a cleaner signal with reduced power. Small cells empower operators to spatially share important range. It even works inside the microcell impression, adequately conveying the network closer to the majority part of clients indoors and in exceptionally dense urban territories.
Browse through 54 Tables & 22 Figures spread over 130 Pages and in-depth TOC on "Global Small Cell Satellite Backhaul Market Size 2017: Industry Type, Share, Overview, Analysis, and Forecast, 2024”.
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In remote areas such as African countries, the majority of people are not connected to high-speed services. Though, the rapid penetration of fiber could affect the potential growth for satellite. The technology has revolutionized communication in remote areas. Completely remote areas, ships, airplanes, and islands can be connected with running voice, video, and data applications from any corner of the earth through satellite. Up to now, the high cost of satellite transmission capacity has restricted the usage of this technology to give backhaul to basic voice service. However, recent developments in small cell foundation and satellite technology are making 4G and 3G data services economically viable through satellite. Thus, rising implementation and development in the field of small cell technology will bolster global small cell satellite backhaul market over the forecast timeframe.
Satellite technology has effectively demonstrated highly adaptable solutions for mobile backhaul applications. New TDMA-based frameworks can transfer the data with highly cost-effective, carrier-class, and two-way methods along with all-IP property that is ideally suited for the small-cell environment. A small cell solution is ideal for rural network expansion and satellite backhaul is the only feasible solution for the rustic network. While addressing to the requirements such as densely-populated areas with high traffic volumes, gaps in radio coverage in more developed markets, or so far unconnected remote or rural areas, mobile operators are searching for cost-effective backhaul technologies that won't just give the much-needed capacity gains, but also support the demands of their evolving networks in terms of flexibility, reach, and performance. Increasing benefits of this technology will support the growth of the global small cell satellite backhaul market.
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The global small cell satellite backhaul market is categorized as 2G, 3G, 4G, and 5G. 5G technology is projected to witness maximum gains in the global small cell satellite backhaul market over the forecast timeframe. There exists a wide range of backhaul solutions that can address the backhaul challenges of 5G networks. 5G will provide longer battery life, lower latency, and increased data capacity. This technology will not replace 4G as it simply enables a larger diversity of applications that 4G cannot perform.
North America is projected to account for a substantial share in the global small cell satellite backhaul market over the forecast timeframe. According to “Small Cell Forum”, non-residential small cell installations in the region will account for around 14.3% of global small cell installations in 2018. By 2020, companies in North America are anticipated to install 552,000 small cells that represent 12.7% of global non-residential small cells installations. An American telecommunication company Verizon Wireless is currently installing small cells in various areas of the country to suffice increasing data demand. According to U.S. Federal Communications Commission (FCC), about 62% of Verizon’s wireless installations last year were small cells. Last month, the commission approved new regulation to facilitate the U.S. carriers to install small cell infrastructure to hasten network densification for supporting 5G commercialization.
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The global small cell satellite backhaul market has key players such as Huawei Technologies Co., Ltd., DragonWave-X, Siklu Communication Ltd., Ceragon Networks Ltd., Fastback Networks Ltd., Ericsson Inc., CCS Ltd., NEC Corporation, Aviat Networks, Inc., Nokia Corporation, VT iDirect, Inc., and SIAE MICROELETTRONICA, S.p.A.
The Asia Pacific has the highest market share in global small cell satellite backhaul market. This is mainly due to increased shipment of small cell units in the past few years. Increasing remote and rural deployments along with robust indoor small cell activity from urban and the enterprise segments are majorly driving small cell growth in the region. This will become increasingly central to wireless strategies as new spectrum and new revenue models drive densification. However, factors such as lack of uniform processes and haphazard deployments of small cells can affect the market growth.
Latin America will register substantial growth rate in global small cell satellite backhaul market till 2024. With developed countries able to generate higher revenues and a rapid growth of the smartphones industry, the region has to work with average revenues per user (ARPU) of USD 14. Increasing penetration of wireline broadband in this region has been propelling the growth of small cell adoption. This results in the usage of the internet by many people for the first time on a smartphone. The busy and bustling streets of Brazil are indicating its fast-growing economy owing to the tremendous growth in multiple aspects of telecom.
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Europe will remain a considerable contributor in revenue generation for global small cell satellite backhaul market till 2024. According to “Rethink Technology Research”, the requirement for urgency and fragmented regulations of European mobile network operators in the region is currently behind North America and the Asia Pacific in the densification of mobile networks. This can hinder the growth of the small cell satellite backhaul market. As a result, European networks will not be prepared for certain key 5G enabled use cases, for instance, industrial IoT and smart cities.
The Middle East and Africa have the second largest market share after the Asia Pacific in the global small cell satellite backhaul market. Places were fixed broadband infrastructure is not available, mobile networks are projected to play a vital role, as observed in rural areas. Over here 2G GSM has been a leading way to provide text and voice services. When the distance between the base station and the center of the network is too large for microwave, the satellite can be used for mobile backhaul.
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The report segments global small cell satellite backhaul market as follows:
Small Cell Satellite Backhaul Market: Technology Segment Analysis
Small Cell Satellite Backhaul Market: Service Segment Analysis
- Integration services
- Professional services
- Network services
Small Cell Satellite Backhaul Market: Regional Segment Analysis
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa
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