5G Fronthaul And Backhaul Equipment Market size worth US$21,959.533 million by 2028
A new analysis report on the market, “5G Fronthaul and Backhaul Equipment Market,” which is forecasted between 2023 and 2028 has been published by Knowledge Sourcing Intelligence,
5G Fronthaul And Backhaul Equipment Market is estimated to reach a market size worth US$21,959.533 million by 2028.
The increasing need for high-speed data transmission and connectivity coupled with the rapid growth in mobile data traffic is propelling the demand for efficient infrastructure to support 5G networks which augment the overall market growth of 5G fronthaul and backhaul equipment.
As per the report, the 5G fronthaul and backhaul equipment market is expected to grow at a steady rate.
Fronthaul in 5G fronthaul and backhaul equipment refers to the network that connects remote radio heads located several kilometers away to the Baseband Units (BBUs). On the other hand, backhaul represents the link between the Central Unit (CU) and the core network. These two components play critical roles in the 5G infrastructure.
Various product launches and technological advancements happening in the market are stimulating market growth. For instance, in December 2022, Telstra and Ericsson jointly announced the successful deployment of Ericsson’s advanced packet fronthaul technology in Telstra’s commercial network. The deployment of this cutting-edge technology brings enhanced efficiency and flexibility to Telstra’s network, enabling it to effectively prepare for the future virtualization of its Radio Access Network (RAN).
The 5G fronthaul and backhaul equipment market are segmented based on equipment type, including fronthaul equipment and backhaul equipment. Fronthaul equipment further encompasses four transmission technologies as fiber direct connection, passive WDM connection, active WDM/OTN/SPN connection, and millimeter wave. On the other hand, backhaul equipment is classified into six sub-categories which include IPRAN (Internet Protocol Radio Access Network), PON, OTN, WDM, millimeter wave, and others. These segmentation categories help categorize the various types of equipment involved in 5G fronthaul and backhaul
The 5G fronthaul and backhaul equipment market, based on technology is categorized into fixed and wireless segments providing different technological solutions available for both fronthaul and backhaul requirements in 5G networks.
The Asia Pacific region holds a substantial market share in the 5G fronthaul and backhaul equipment market. The regional market growth is primarily driven by the substantial influx of investments in 5G infrastructure, particularly in countries such as China, Japan, and South Korea. These countries have demonstrated a strong commitment to 5G development, resulting in significant advancements in their respective 5G networks. For example, in April 2022, SoftBank raised $283 million to expedite its 5G deployment in Japan, recognizing the critical role of 5G in supporting the Japanese government’s vision of ‘Society 5.0’. Moreover, as per Gov.CN, in 2021, China achieved remarkable progress in its 5G infrastructure, with the construction of 961,000 5G base stations. In the first half of the year 190,000 new base stations were built alone.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/5g-fronthaul-and-backhaul-equipment-market
The research includes coverage of Samsung, Huawei Technologies Co., Ltd., ZTE Corporation, Nokia, Telefonaktiebolaget Lm Ericsson, Cisco, Blu Wireless, Fiberlight LLC., Fujitsu Limited, Ntel Corporation as significant market players in the 5G fronthaul and backhaul equipment industry.
This analytics report segments the 5G fronthaul and backhaul equipment market on the following basis:
- By Equipment
- Fronthaul
- Fiber Direct Connection
- Passive WDM Connection
- Active WDM/OTN/SPN Connection
- Millimeter Wave
- Backhaul
- IP RAN
- PON
- OTN
- WDM
- Millimeter Wave
- Others
- Fronthaul
- By Type
- Fixed
- Wireless
- By Geography
- Americas
- USA
- Others
- Europe, Middle East and Africa
- UK
- Germany
- Others
- Asia Pacific
- China
- Japan
- South Korea
- Others
- Americas