The report forecasts the global microwave radio market to grow at a CAGR of 19% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Emergence of E-band and V-band radios will be a key trend for market growth. E band and V band are the millimeter waves having regulated and unregulated frequency ranges. V band supports a range coverage of 500 to 700 meters for gigabit capacity.
According to the report, increase in demand for mobile data traffic will be a key driver for market growth. The global mobile data traffic has increased by 4,000 times since 2006. In 2015, the mobile network carried close to 10 gigabytes of data per month. Though 4G connections accounted for 14% of the total mobile connections in 2015, they contributed to 46% of the overall mobile data traffic. 3G access network accounted for 35% of the mobile connections and 44% of the total global mobile data traffic. In 2015, the mobile data consumption increased by 75% in 2014, with data consumption accounting for 3.7 exabytes per month.
Further, the report states that network consolidation will be a challenge for the market.
- Huawei Technologies
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by technology
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Appendix
PART 15: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/6znvcj/global_microwave
Research and Markets
Laura Wood, Senior Manager
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-microwave-radio-market---analysis-technologies--forecasts-report-2016-2020---emergence-of-microwave-as-a-front-haul-solution---research-and-markets-300335763.html
SOURCE Research and Markets