Global Wireless and Mobile Backhaul Equipment Market
In today's world due to the vast existence of electronics devices the fast transfer of data comes into play.The improvement in communication network the demand for bulk transfer of voice and data is increasing day by day.While the conventional wire-connected networks had great bandwidth but they involved very complex task of the stretching physical wires over great distances.In modern technology wireless data backhaul, data packets can be sent to distances as far as 50 miles at a speed ranging from 1Mbps to 2Gbps.Cellular operators have played an important role in this new emerging market of wireless data backhauling. The emergence of 3G services has provided biggest market boost, as these services provide organizations huge bandwidth for transferring data from one location to another at that too at high speed.
The market growth of telecommunications is due to the growing trend of globalization and thus acts as a market driver for wireless data transfer and the wireless backhaul market as well.The economic growth of developing nations and the spread of internet and mobile communications in these regions have opened up new markets for wireless backhauling. The market is set for a huge growth as wireless backhaul is expected to become a mainstream technology for data transfer within the next five years.
According to the new market research report the global wireless and mobile backhaul equipment market(2009-2014),the global wireless and mobile backhaul equipment market is expected to grow US$33.9 billion by 2014,recording an estimated CAGR of 17.5% from 2009 to 2014.Asian market is expected to grow for nearly 20.5% of the total revenues.
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