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North America Mobile & Wireless Backhaul Market Forecast 2021-2028

KEY FINDINGS

The North America mobile & wireless backhaul market is predicted to grow with a CAGR of 9.13% during the forecast period of 2021 to 2028. The regional market's growth is influenced by key factors such as the augmenting communication industry, the increasing proliferation of smart TVs, emerging technologies like the Internet of Things (IoT), as well as the surging adoption of smartphones.

MARKET INSIGHTS

The North America mobile & wireless backhaul market growth assessment includes the evaluation of Canada and the United States. The COVID-19 pandemic resulted in the increasing usage of mobile networks in Canada since the demand for data increased substantially owing to e-learning and work from home. In addition, over recent years, mobile gaming has extended into a multi-million-dollar business, with people spending more time at homes on account of the novel coronavirus outbreak. Also, mobile gaming is likely to become a staple pastime for more smartphone users over the upcoming years.

Furthermore, according to the Canadian Radio-television and Telecommunications Commission, Canada leads the way, with a total of more than 75% of its customers utilizing smartphones. Telesat, Canada's satellite operator, tested low-earth orbit (LEO) satellite connectivity in 2020, as an ideal backhaul for 4G applications, with TIM Brasil. Besides, it achieved an average round-trip latency of 38ms. As a result, these factors are set to project promising growth within the country's mobile & wireless backhaul market during the forecasted years.

COMPETITIVE INSIGHTS

Some of the key companies operating in the market are AT&T Inc, Aviat Networks Inc, BridgeWave Communications, etc.

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North America Mobile & Wireless Backhaul Market Forecast 2021-2028
Published By :Inkwood Research
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