The Global [FURL=https://www.industryarc.com/Report/19396/satellite-backhaul-satellite-based-cellular-backhaul-market.html?utm_source=BriefingWire&utm_medium=PressRelease&utm_campaign=PaidPressRelease]Satellite Backhaul Market [/FURL] is estimated to reach $2.7 billion by 2025, growing at a CAGR of 4.4%. Satellite backhaul is the process of distribution of data from one location to various satellite terminals. Satellite Backhaul/Satellite Based Cellular Backhaul has proven to be extremely feasible in the areas where communication is difficult or expensive through the use of traditional means such as fiber, cable or microwave. Satellite backhauls are used to carry 2G, 3G and 4G/LTE traffic across the globe. Satellite cellular backhaul expands the area of operation of public and mobile telephony providers and facilitates communication. Surge in use of mobile phones and technological advancement in the telecommunication sector has driven the growth of the market.Key Takeaways
The rise in mobile industry, advancement in cellular networks and growth of telecommunication industry are driving the growth of the market.
Fiber satellite backhaul is dominating the market owing to the demand for fast internet connectivity and surge in usage of mobile devices.
APAC region is witnessing a significant growth of the market owing to the presence of emerging economies and demand for high speed internet connectivity.
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Satellite Backhaul/Satellite Based Cellular Backhaul Market Segment Analysis - By Geography
By Geography the Satellite Backhaul Market is dominated by APAC with a market share 36.2% in 2019. APAC is dominating the market owing to the need for connectivity in the emerging economies such as India, China and other countries.
Satellite Backhaul/Satellite Based Cellular Backhaul Market Drivers
Surge in Mobile Industry:
Surge of mobile industry has played an important role in the growth of cellular backhaul through satellite. Through the use of mobile cellular network internet access has become much easier by an individual. With rising growth of consumer electronics sector, South Korea has been acting as a major leader in the APAC region.
Rising use of Internet applications:
The rising use of internet applications have resulted in the adoption of cellular satellite backhaul. This has resulted in the adoption of optical interconnects for transferring data at high speed and less attenuation. The rising penetration of internet has resulted in the adoption of optical interconnects and other communication technologies.
Satellite Backhaul/Satellite Based Cellular Backhaul Market top10 companies are Ericsson, iDirect, Skyvision Global networks, Hughes Network Ltd., Intrasky Offshore SAL, NewSat Ltd, Telefonica S.A, Telespazio VEGA UK Ltd, Gilat Satellite Networks Ltd and Advantech Wireless.
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