The global point-to-multipoint microwave backhaul system market is anticipated to grow at a significant CAGR during the forecast period 2024-2031. Point to a multipoint solution is an advanced technological approach to cable-free, wireless communication systems augmented to bi-directional and channelized features. However, a point-to-multipoint microwave backhaul system is an upgraded version of the communication system that utilizes radio links and waves to transmit data or information between two users. This system allows various organizations to transfer a large amount of data over a secured communication network. It is an economic data transfer approach for mobile operators to monitor one-to-one and one-to-many data transfer processes.
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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 global point-to-multipoint solution 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 in the global market during the forecast period.
Besides, the key players present in the global point-to-multipoint microwave backhaul system market including Cambridge Broadband, Airspan, NEC Corporation, Redline Communications Group Inc., and others are adopting various strategies that include product launches, market expansion, research & developments, mergers & acquisitions, among others to remain sustenance and competitive in the market. For instance, in November 2019, Airspan Networks announced a strategic partnership with Mimosa Networks to strengthen their position in 5G network infrastructure to drive the next-generation wireless solutions. This initiative will contribute to driving the global point-to-multipoint microwave backhaul market during the forecast period.
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Market Coverage
- Segment Covered
- Regions Covered- Globally
- Competitive Landscape- Cambridge Broadband, Airspan, NEC Corporation, Redline Communications Group Inc., Ericsson AB, 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 Microwave Backhaul Market by Segment
By Type
- Split-mount
- All Outdoor
- Small Cells
By Application
- Security and Surveillance Systems
- Campus Buildings
- Control Systems
- Wireless Internet Service Provider (WBIC)
- Integrating remote Business Sites
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