Mobile Fronthaul Market size to grow by USD 6,492.05 million from 2022 to 2027|Growth driven by rise in the adoption of mobile computing devices - Technavio
NEW YORK, July 20, 2023 /PRNewswire/ -- The mobile fronthaul market size is set to grow by USD 6,492.05 million from 2022 to 2027. The growth momentum will be progressing at a CAGR of 19.14% during the forecast period, according to Technavio. The mobile fronthaul market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Broadcom Inc., Capgemini Service SAS, Ciena Corp., Cisco Systems Inc., EXFO Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Infinera Corp., LS Networks, MACOM Technology Solutions Holdings Inc., NEC Corp., Nokia Corp., Omnitron Systems Technology Inc., Telefonaktiebolaget LM Ericsson, and ZTE Corp. are some of the major market participants -. To know about the vendor offerings - Request a sample report
Mobile Fronthaul Market 2023-2027: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The mobile fronthaul market report covers the following areas:
The mobile fronthaul market is fragmented, and the degree of fragmentation will accelerate. The growth of mobile computing devices will offer immense growth opportunities. However, the interference in cell sites will hamper the market growth.
Mobile Fronthaul Market 2023-2027: Drivers & Challenges
DRIVERS
The increase in the adoption of mobile computing devices drives the mobile fronthaul market growth during the forecast period. After the launch of Ericsson R380, the first smartphone in 2000, there has been rapid growth in the global smartphone market. As the upgrade cycles of smartphones are very short, they have developed into devices with phone, computer, and camera capabilities. As a result, there is an increasing requirement for higher bandwidths like 4G due to the growing capabilities of smartphones which enable faster internet speeds in comparison to previous generation technologies like 3G and 2G. Some of the key advanced technologies which are being implemented in these technologies include haptics, gesture recognition, facial recognition, heart rate monitoring, and global positioning system. Hence, the implementation of such technologies is expected to drive the mobile fronthaul market growth during the forecast period.
TRENDS
The launch of mobile fronthaul solutions such as eCPRI and C-RAN by different companies is the primary trend shaping the mobile fronthaul market during the forecast period. There is increasing implementation of 5G services by several telecom companies to enhance their service capabilities. It is estimated that 5G services will be introduced in different regions over the next few years. The 5G technology is mainly designed and developed to offer high bandwidth with low latency in order to have a seamless internet experience for its users. As per the current scenario, several network providers are implementing 5G in order to have a competitive edge in the market, which could inspire them to focus on C-RAN investments in the following years. Therefore, the increasing demand for 5G is expected to fuel the demand for C-RAN network solutions and services, which, in turn, is expected to drive the mobile fronthaul market growth during the forecast period.
CHALLENGES
Interference in cellular networks is a significant challenge that can hinder market growth during the forecast period. One of the main common RAN problems is cellular network interference. The main factor for the interference at cell sites is because of the enhanced conductivity of passive devices such as cables, connectors, and antennas. As a result, this internal interference can lead to intermodulation signals in similar frequency bands as mobile transmitters. One of the main cost-effective approaches to improve Long Term Evolution (LTE) and Universal Mobile Telecommunications System (UMTS) capacity without bidding for a new spectrum is Refarming. As cellular technology scales up to LTE, carriers are utilizing frequency refarming to provide higher data rates to mobile devices while supporting technologies such as Global System for Mobile Communications (GSM) and Broadband Code Division Multiple Access (WCMDA). Hence, such cellular interference can negatively impact the market, which, in turn, will hinder the mobile fronthaul market growth during the forecast period.
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Mobile Fronthaul Market 2023-2027: Segment Analysis
End-user
Telecommunications
Networking
Government
Enterprises
Type
Cloud RAN
Centralized RAN
Geography
Europe
North America
APAC
South America
Middle East And Africa
Mobile Fronthaul Market 2023-2027: Segmentation Highlights
The market share growth by the telecommunications segment is significant during the forecast period. One of the main sources of information in the global mobile fronthaul market is networking. The emergence of mobile fronthaul has led to high-speed connectivity between devices delivering 4G and 5G and wireless connectivity with cloud databases. Due to the rise in data demand, there is a significant increase in network traffic which in turn encouraged the network operations to meet the rising demand. The main benefit of mobile fronthaul is that it facilitates wireless communication networks, including 4G and 5G networks and the Internet of Things (IoT). The key advantages of mobile fronthaul include allowing reliable network connectivity by utilizing fiber optic connections to deliver connectivity with low idle times and high data transfer rates. Hence, such benefits are expected to drive the mobile fronthaul market growth during the forecast period.
The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others Buy the Report
Mobile Fronthaul Market 2023-2027: Key Highlights
CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist mobile fronthaul market growth during the next five years
Estimation of the mobile fronthaul market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the mobile fronthaul market across Europe, North America, APAC, South America, and the Middle East and Africa
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of mobile fronthaul market vendors
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The wireless sensor networks (WSN) market size is estimated to grow at a CAGR of 17.32% between 2022 and 2027. The market size is forecast to increase by USD 92.39 billion. This wireless sensor networks market report extensively covers market segmentation by end-user (building automation, wearable devices, healthcare, automotive and transportation, and others), component (hardware, software, and services), and geography (North America, APAC, Europe, South America, and Middle East and Africa). One of the key factors driving the wireless sensor networks market growth is the increasing adoption of Industry 4.0.
The industrial IoT gateway market is estimated to grow at a CAGR of 19.8% between 2022 and 2027. The market size is forecast to increase by USD 2,288.46 million. This industrial IoT gateway market report extensively covers market segmentation by connectivity (Bluetooth, wifi, ZigBee, and others), end-user (process industries and discrete industries), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
Mobile Fronthaul Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 19.14%
Market growth 2023-2027
USD 6492.05 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
18.44
Regional analysis
Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution
Europe at 32%
Key countries
US, Canada, China, Germany, and Brazil
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Broadcom Inc., Capgemini Service SAS, Ciena Corp., Cisco Systems Inc., EXFO Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Infinera Corp., LS Networks, MACOM Technology Solutions Holdings Inc., NEC Corp., Nokia Corp., Omnitron Systems Technology Inc., Telefonaktiebolaget LM Ericsson, and ZTE Corp.
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary ? Chart on Market Segmentation by Type
Exhibit 07: Executive Summary ? Chart on Incremental Growth
Exhibit 08: Executive Summary ? Data Table on Incremental Growth
Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global mobile fronthaul market 2017 - 2021
Exhibit 18: Historic Market Size ? Data Table on Global mobile fronthaul market 2017 - 2021 ($ million)
Exhibit 157: MACOM Technology Solutions Holdings Inc. - Overview
Exhibit 158: MACOM Technology Solutions Holdings Inc. - Product / Service
Exhibit 159: MACOM Technology Solutions Holdings Inc. - Key offerings
12.13 NEC Corp.
Exhibit 160: NEC Corp. - Overview
Exhibit 161: NEC Corp. - Business segments
Exhibit 162: NEC Corp. - Key news
Exhibit 163: NEC Corp. - Key offerings
Exhibit 164: NEC Corp. - Segment focus
12.14 Nokia Corp.
Exhibit 165: Nokia Corp. - Overview
Exhibit 166: Nokia Corp. - Business segments
Exhibit 167: Nokia Corp. - Key offerings
Exhibit 168: Nokia Corp. - Segment focus
12.15 Omnitron Systems Technology Inc.
Exhibit 169: Omnitron Systems Technology Inc. - Overview
Exhibit 170: Omnitron Systems Technology Inc. - Product / Service
Exhibit 171: Omnitron Systems Technology Inc. - Key offerings
12.16 Telefonaktiebolaget LM Ericsson
Exhibit 172: Telefonaktiebolaget LM Ericsson - Overview
Exhibit 173: Telefonaktiebolaget LM Ericsson - Business segments
Exhibit 174: Telefonaktiebolaget LM Ericsson - Key news
Exhibit 175: Telefonaktiebolaget LM Ericsson - Key offerings
Exhibit 176: Telefonaktiebolaget LM Ericsson - Segment focus
12.17 ZTE Corp.
Exhibit 177: ZTE Corp. - Overview
Exhibit 178: ZTE Corp. - Business segments
Exhibit 179: ZTE Corp. - Key news
Exhibit 180: ZTE Corp. - Key offerings
Exhibit 181: ZTE Corp. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 184: Currency conversion rates for US$
13.4 Research methodology
Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources
13.5 List of abbreviations
Exhibit 188: List of abbreviations
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