One of the key factors contributing to the global mobile backhaul equipment market growth is the worldwide boom in mobile data traffic, according to Research and Markets’ “Global Mobile Backhaul Equipment Market 2010-2014.” The mobile backhaul equipment market has also witnessed the demand for microwave-based equipment, mainly for backhaul solutions. However, rapid technological change has led end-users to delay equipment purchases, which could pose a challenge to the growth of this market. Key vendors that are dominating this market space include Alcatel-Lucent, Huawei Technologies, Ericsson and Nokia Siemens Network.
The report highlights that mobile data traffic has grown 280 percent annually over the past few years, and is expected to double in the near future. This surging demand for mobile services threatens to cause network congestion and diminished service quality, which increases the chances of customers switching to competitors; therefore, mobile bandwidth has become a precious commodity. To effectively monetize bandwidth, providers need to be able to measure, monitor and manage network equipment quality, thereby driving demand for mobile backhaul equipment.
The demand for microwave-based equipment, mainly for backhaul solutions, is on the rise and this trend will continue. Microwave-based wireless backhaul has been recognized as the most cost-effective solution for delivering higher capacity in the cellular world, so for the emerging bandwidth-hungry LTE market, the benefits of microwave-based backhaul solutions are even higher.