Small Cell Satellite Backhaul Market To Report Impressive Growth, Revenue To Surge To US$7.2 Million By 2024

With the presence of a large pool of participants, the global small cell satellite backhaul market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Huawei Technologies Co., Ltd., DragonWave-X, Siklu Communication Ltd., Ceragon Networks Ltd., Fastback Networks Ltd., Ericsson Inc., CCS Ltd., NEC Corporation, Aviat Networks, Inc., and Nokia Corporation are some of the key vendors of small cell satellite backhaul across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the small cell satellite backhaul market study.

This review is based on a report by Zion Market Research, 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.”- Report at https://www.zionmarketresearch.com/report/small-cell-satellite-backhaul-market

Citing an instance, in June 2018, Telstra launched 4GX mobile satellite small cell – a new service to assist people living and working in few of the remote sites in Australia receive the coverage of their 4G mobile service. Reportedly, the new launch is the smaller and low cost type of standard mobile base station using satellite backhaul providing access to Telstra’s 4GX service supporting voice, messaging, internet browsing, and email.  

As estimated in this report, the global small cell satellite backhaul market stood at US$ 5.4 million in 2017. Witnessing a tremendous rise during the period from 2018 to 2024, the revenue in this small cell satellite backhaul market is expected to reach US$7.2 million by the end of the forecast period. The main services available in this small cell satellite backhaul market are equipment services, integration services, professional services, and network services. Among the three, the demand for professional services is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.

Rapid Breakthroughs In 4G And 3G Networking Technology To Define Growth

“Massive developments in small cell foundation and satellite technology has made 4G and 3G data services more economically feasible, thereby driving the growth of small cell satellite backhaul market in the coming years,” says the author of this small cell satellite backhaul market study. Apart from this, small cells offer adaptability and enhanced service quality at affordable costs, thereby further boosting market trends. In addition, rising benefits of the technology is anticipated to further support the expansion of small cell satellite backhaul market in the years ahead.

Growing Trend Of 5G Communication Technology To Spur Regional Dominance

Regionally, North America has been leading the worldwide small cell satellite backhaul market and is anticipated to continue on the dominant position in the years to come, states the small cell satellite backhaul market study. The presence of well-established firms that are anticipated to deploy nearly 552,000 small cells representing approximately 12.7% of the global non-residential small cells installations is the main factor behind the dominance of the North America small cell satellite backhaul market. The high number of market players being headquartered in North America is another significant factor that is supporting the growth of this regional small cell satellite backhaul market. In addition, large-scale promotional activities and commercialization of 5G network technologies in the countries such as the U.S. will prompt the expansion of small cell satellite backhaul market in the years ahead.?

The global small cell satellite backhaul market is segmented as follows:

By Technology

• 2G
• 3G
• 4G
• 5G

By Service

• Equipment
• Integration services
• Professional services
• Network services

By Region

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

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